One-Sentence Summary of Key Findings: Kaltura (KLTR) is a video platform provider reporting modest Q2 2026 revenue growth amid ongoing losses and AI-focused innovations, with limited analyst coverage suggesting potential upside but facing competitive pressures and historical stock volatility.
Fact: Kaltura went public via IPO in 2021, reaching an all-time high closing price of $13.61 on August 6, 2021. Interpretation: The stock has experienced significant long-term decline from post-IPO highs, reflecting challenges in scaling profitability despite revenue growth.
| Period | Approximate Annual Performance | Notes |
|---|---|---|
| 2026 YTD (as of early Aug data) | +23.5% | Outperformed S&P 500 in some periods |
| 2025 | -25.5% | Decline amid market conditions |
| 2024 | +12.8% | Recovery year |
| 2023 | +13.4% | Modest gains |
| 2022 | -49% | Sharp post-IPO correction |
Links for more information: Macrotrends Historical Prices | Yahoo Finance KLTR | Nasdaq KLTR
Fact: For the second quarter ended June 30, 2026: Total revenue $46.9 million (+5% YoY), Subscription revenue $45.6 million (+8% YoY), Annualized Recurring Revenue (ARR) $184.6 million (+8% YoY). GAAP net loss $5.5 million; Non-GAAP operating profit $4.8 million; Adjusted EBITDA $5.9 million.
Fact: Segment performance: Enterprise/Education/Technology revenue +11% YoY; Media & Telecom revenue -10% YoY (attributed to churn).
| Metric | Q2 2026 | YoY Change | Notes |
|---|---|---|---|
| Total Revenue | $46.9M | +5% | Primarily subscription-driven |
| Subscription Revenue | $45.6M | +8% | Core recurring base |
| ARR | $184.6M | +8% | Key growth indicator |
| GAAP Net Loss | $5.5M | N/A | Improved profitability metrics on non-GAAP basis |
| Adjusted EBITDA | $5.9M | N/A | Positive contribution |
Interpretation: Modest top-line growth with improving non-GAAP profitability suggests operational efficiency gains, but persistent GAAP losses indicate ongoing investments or one-time items.
Uncertainty/Data Limitation: Full-year 2026 guidance mentioned (e.g., adjusted EBITDA $15.8M–$17.2M per company release); exact prior-year comparables and detailed balance sheet/cash flow require latest 10-Q filing. Data sourced from company press release as of August 5, 2026; historical trends assume consistent reporting.
Links for more information: Kaltura Investor Relations | Q2 2026 Earnings Release | Latest 10-Q (via SEC)
Fact: Limited coverage with 2–4 analysts providing ratings. Consensus generally "Hold" to "Buy" with average price targets in the $3.00–$3.67 range (high $4.00, low $3.00), implying substantial upside from recent trading levels around $1.40–$2.00 range.
| Source | Consensus | Avg. Price Target | # Analysts | Date/Context |
|---|---|---|---|---|
| MarketBeat | Hold | $3.00 | Multiple | Recent |
| Investing.com | N/A | $3.50 | 2 | Projections |
| Benzinga | N/A | $3.13 | 4 | Includes $4 high from Citizens |
| Zacks | N/A | $3.67 | 3 | Short-term targets |
Interpretation: Positive views often tied to long-term AI growth potential (e.g., agentic avatars), despite tame near-term revenue growth.
Uncertainty/Data Limitation: Very limited analyst coverage compared to larger peers; ratings can change rapidly with earnings or news. Some Seeking Alpha analyses have been more cautious (downgrades noted in past). Not investment advice; verify latest on platforms like TipRanks or company filings.
Links for more information: MarketBeat Forecast | Investing.com Estimates | Seeking Alpha Analysis
Fact: Serves thousands of enterprises, educational institutions, media companies, and service providers worldwide for video-based communication, training, marketing, virtual events, and entertainment.
Interpretation: Broad but potentially concentrated customer base (noted risk in analyses); AI enhancements aim to expand use cases in marketing, sales, and learning.
Uncertainty/Data Limitation: Specific named large customers not publicly detailed in recent releases due to privacy/contracts; concentration risk flagged in third-party analyses. Data from company descriptions and news.
Fact: Operates in competitive video/enterprise collaboration and digital experience markets.
| Competitor | Key Overlap | Notes |
|---|---|---|
| Zoom (ZM) | Video conferencing, virtual events | Larger scale, bundled solutions |
| Microsoft (Teams/Stream) | Enterprise video & collaboration | Well-capitalized incumbent |
| Adobe | Content creation & video tools | Marketing-focused |
| Box / Dropbox | Content management & sharing | Document/video hybrid |
| RingCentral | Communications platform | UCaaS competitor |
Interpretation: Differentiation via specialized video platform, open-source roots, and emerging AI/agentic features; faces pressure from larger players offering integrated suites.
Uncertainty/Data Limitation: Competitive landscape evolves quickly with AI; private or niche players also compete. Lists based on industry analyses (e.g., Trefis, MarketBeat).
Links for more information: Kaltura Corporate Site | Wikipedia Company Page | MarketBeat Competitors
Fact: Kaltura, Inc. is a New York-based software company (HQ: New York City) providing video solutions including virtual events, online video platforms (OVP), educational technology, and CloudTV. Founded in 2006 in Israel by Ron Yekutiel (current CEO/Chairman), Michal Tsur, Shay David, and Eran Etam; launched publicly at TechCrunch40 in 2007.
Fact: Mission: Power any video experience across customer, employee, learner, and audience journeys, with recent emphasis on AI-driven "Agentic Avatars" and emotional intelligence features.
Links for more information: Wikipedia | About Kaltura | Investor Overview
Links for more information: Kaltura News Releases | Yahoo Finance News
Important Notes & Limitations: All data is compiled from publicly available web sources as of August 2026 searches and subject to change. Financial figures are from company-reported Q2 2026 results. No current stock price is displayed per guidelines. This is for informational purposes only and not financial advice. Verify all data directly with primary sources (SEC filings, company IR). Assumptions include accurate reporting by sources; uncertainties around future performance, customer concentration, and competitive dynamics remain high for a micro-cap stock like KLTR.