Brightcove traded at $1.84 this Tuesday April 9th. Looking back, over the last four weeks, Brightcove lost 2.65 percent. Over the last 12 months, its price fell by 59.74 percent. Looking ahead, we forecast Brightcove to be priced at 1.78 by the end of this quarter and at 1.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
Brightcove Inc. is a global provider of cloud services for video, which enable its customers to publish and distribute video to Internet-connected devices. The Company offers five video products, Brightcove Video Cloud, Brightcove Live, Brightcove Beacon, Brightcove Player and Zencoder. Brightcove Video Cloud is an online video platform, enables its customers to distribute video to Internet-connected devices. Brightcove Live is a solution for live streaming. Brightcove Beacon is an application, which enables companies to launch premium over-the-top (OTT), across devices. Brightcove Player is a cloud-based technology for creating and managing video experiences. Zencoder is a cloud-based video encoding technology. The Company also provides various video solutions, which are suites of video technologies that address specific customer use-cases and needs, including Virtual Events Experience, Brightcove Video Marketing Suite and Brightcove Enterprise Video Suite.