Stock daily read

What happened with GOAI today?

Why it moved
Explains possible causes using the day’s news and filings
Moving with the market?
Uses market moves and trading volume to assess what drove the change
What to watch next
The next thing that could change the call, and what to look for

No read yet

Uses news and trading volume to explain the day’s move and how it relates to the market.

Investment outlook

GOAI in three months: buy, wait or sell?

Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.

In the report
  • Buy / Wait / Sell rating
  • 3-month target price
  • Bear · Base · Bull
  • vs. the market

Company

Company overview

Advertising agencies and businesses pay Eva Live Inc. to run online campaigns, with most customers in the United States and Canada. Clients supply advertising budgets, and Eva Live buys advertising space from media sellers, packages it and sells it to those clients. This resale model supplies all its revenue; it is not currently an agency that simply collects a platform fee for arranging purchases.

The Eva Platform uses artificial intelligence and historical campaign data to match ads with individual advertising spots, aiming to improve responses such as purchases or sign-ups. Its Eva XML Platform also buys online traffic and resells it to landing pages displaying ads, adjusting spending according to keyword performance.

Revenue depends heavily on advertising spending by a small group of customers. Collecting payment also matters: under its campaign orders, an agency customer's payment obligation is limited to funds it has received from the advertiser for those ads. Much of Eva Live's outstanding customer billing is overdue.

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Source: SEC filing

Red flags

Know what’s buried in GOAI’s filings before you buy

The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.

Sorted into
  • Happening now
  • Could go wrong
  • Built in

Moat

GOAI says it has a moat. Does it hold up?

Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.

Each edge rated
  • Strong
  • Moderate
  • Limited
  • Unproven

Related companies

  • Competition
  • Shared drivers
  • Supplier
  • Customer
  • System1 and Eva Live both buy online traffic and earn advertising revenue by matching it with advertiser demand, so the gap between traffic costs and ad revenue matters to both. Watch System1’s monetization of traffic through its owned websites and advertising platforms as a comparison for Eva’s XML traffic-buying and resale business.

  • The Trade Desk competes with Eva Live for advertisers’ and agencies’ budgets to buy digital ad space; it charges a platform fee tied to spending, while Eva buys and resells the space. Eva explicitly identifies The Trade Desk’s scale and AI targeting as barriers, making its campaign performance a benchmark for what Eva must match.

  • Viant Technology and Eva Live compete for marketers’ and agencies’ spending on platforms that buy and measure digital ads across channels, with both also offering campaign management. Watch Viant’s agency spending: its customers generally make no commitment to use the platform and can typically reduce or cancel campaigns, making that business a useful comparison for Eva’s agency demand.

  • Nexxen International competes with Eva Live for brand and agency budgets by helping them plan, buy, optimize and measure digital campaigns. Its fees from ad buyers using its buying platform are the closest comparison for Eva; Nexxen also earns fees helping publishers sell ad space, so its whole business is not a direct match.

  • Teads Holding and Eva Live compete for advertisers’ branding and performance budgets, using AI-enabled platforms to help them buy media owners’ ad space and offering campaign services. Watch Teads’ advertiser purchases through its platform, where it earns revenue from both managed and self-service buying, as a comparison for demand for Eva’s campaigns.

  • AppLovin and Eva Live compete on turning advertisers’ budgets into new customers or conversions, using AI to match campaigns with ad space. Watch Axon Ads Manager, which generates substantially all of AppLovin’s revenue and charges advertisers according to campaign goals: its efficiency is a comparison for Eva’s conversion-focused platform.

  • Alphabet’s Google competes with Eva Live for brand and performance advertising budgets through Display & Video 360 and its other advertising offerings, while Eva’s XML traffic platform also integrates with Google. Watch Google’s advertising revenue from Search, YouTube and network partners for a view of the spending pool Eva also pursues.

  • Meta Platforms sells targeted ad placements to marketers seeking awareness and customer conversions, competing for the budgets Eva Live manages; Eva’s traffic platform also integrates with Facebook. Watch advertising revenue in Meta’s Family of Apps, rather than its hardware business, for the relevant comparison with Eva’s campaign demand.

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  • PubMatic and Eva Live both depend on demand for automatically bought digital ads, but PubMatic helps publishers sell ad space and charges them a share of its value, while Eva buys space and resells it to advertisers. Watch PubMatic’s publisher fees for a view of advertising demand on the selling side; unlike Eva, it does not buy media for resale.

  • DoubleVerify and Eva Live both benefit from more client digital ad spending, but DoubleVerify charges advertising customers to measure transactions, while Eva delivers campaigns and records the client’s full ad spend as revenue. Watch DoubleVerify’s measured transaction volume as a read on advertising activity, not as a direct comparison with Eva’s revenue.

Agenda

todayWed, Oct 21

  1. Time to be announced

    Meta Platforms, Inc. earningsMETA

    Meta Platforms competes with Eva Live for advertising budgets, and its Family of Apps ad revenue shows whether the pool of spending they both pursue is expanding or shrinking.

in 14 daysWed, Nov 4

  1. Time to be announced

    System1, Inc. earningsSST

    System1, Inc. buys online traffic and monetizes it with ads, much like Eva Live's XML business, so its traffic costs and ad revenue show the economics both businesses face.

in 42 daysWed, Dec 2

  1. Time to be announced
    Major

    Eva Live Inc. earningsThis company

    Eva Live buys advertising traffic and resells it to clients, recording their full ad spend as revenue; this report shows whether the business keeps profit after traffic purchases and operating expenses.