Episode Transcript
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Speaker 1 (00:00):
Bydu stock recently opened at eighty six dollars and thirteen
cents United States currency, reflecting a two percent decline on
the day, with the market capitalization standing just under thirty
billion United States currency. The latest trading volume came in
at approximately three point two million shares, which is roughly
seventy three percent of its average volume of just over
(00:21):
four point three million shares, indicating muted investor activity compared
to typical days. Over the past year, Byde's shares have
bounced between a low near seventy five United States currency
and a high at one hundred sixteen United States currency,
with current prices much closer to the twelve month bottom
than the peak. Recent news reveals several strategic moves by
(00:44):
the company that are attracting attention. Notably, Bydeu is partnering
with Lyft to launch its Apollo Go autonomous driving technology
in Europe, targeting cities in Germany and the United Kingdom
starting in twenty twenty six. Other partnership with Uber aims
to expand by Due's reach into Asia and the Middle East.
(01:05):
While these initiatives highlight bideue's global technology ambitions and autonomous mobility,
they are not yet translating into meaningful revenue that can
offset ongoing pressures in the core digital advertising business. Analysts
remain divided on the company's fair value, with most estimates
ranging broadly between seventy two United States currency and nearly
two hundred United States currency per show, reflecting uncertainty about
(01:29):
how quickly by Due can monetize artificial intelligence and driverless technologies.
On the analyst front, several major brokerages have adjusted their forecasts.
Barclays recently lowered its target from eighty four United States
currency to eighty one United States currency with an equal
weight rating. Jeffries cut its target from one hundred twenty
United States currency to one hundred ten United States currency
(01:52):
while retaining a byview. City Group took a more bullish stance,
raising its target to one hundred forty United States currency
and maintaining a BY rating. The overall analyst consensus rates
bydu as a hold, with a consensus price target around
one hundred five United States currency. In other notable developments,
Bydeu's short interest has declined significantly over the past month,
(02:15):
dropping to just over two percent of the float, suggesting
less sparish sentiment amongst sophisticated traders. Nonetheless, as buydeu pursues
expanded partnerships and advances its artificial intelligence platform, short term
revenue head winds and muted trading momentum continue to temper
investor enthusiasm