THRY: Thryv Holdings Inc. Common Stock - What's Happening and What to Watch For

Stock Symbol: THRY Generate Date: 2025-05-05 18:46:15

Let's break down what's been going on with Thryv Holdings lately, looking at the news, how the stock price has moved, and what some predictions are saying.

What's the Recent Buzz?

The news flow around Thryv has been a bit of a mixed bag, but with some genuinely positive highlights.

On the really good side, the company dropped its first-quarter 2025 results, and they looked pretty strong, especially in their key software-as-a-service (SaaS) business. SaaS revenue jumped a solid 50% year-over-year (or 24% if you exclude their Keap acquisition), and now makes up over 60% of their total revenue. Plus, they hit a record 103% Net Revenue Retention (NRR) for seasoned customers, which is a fancy way of saying existing customers are sticking around and spending more. That's definitely a positive sign for the core business health.

However, alongside this good news, we saw a few analyst updates. While analysts from Needham, B. Riley Securities, and RBC Capital all maintained their ratings (two "Buy" and one "Sector Perform"), they also lowered their price targets for the stock. Needham went from $28 to $20, B. Riley from $30 to $26, and RBC from $17 to $16. So, the experts still seem to like the company overall, but they're dialing back their expectations for how high the stock price might go in the near term.

Putting it simply: Great operational news, particularly in the growth area (SaaS), but analysts are getting a bit more conservative on the stock's potential price ceiling right now.

Checking the Price Chart

Looking at the stock's journey over the past couple of months tells an interesting story. After trading in the high teens and low twenties through February and early March, THRY took a pretty significant tumble. It dropped sharply in late March and early April, hitting lows right around the $10-$11 mark. That was a tough stretch.

But here's where things get interesting. Since hitting those lows in early April, the stock has started climbing back up. The last few trading days, especially around the time of that positive earnings report (May 1st), have shown a noticeable upward push. The price has moved from around $12.44 on May 1st to closing around $14.11 on May 5th. There's definitely some recent positive momentum building.

The AI prediction model seems to agree with this recent trend, forecasting small but continued percentage increases for the next couple of days.

Putting It Together: What Might Happen Next?

So, what does this mix of news, price action, and predictions suggest?

The strong earnings report, particularly the SaaS growth and NRR figures, is a big fundamental positive. It shows the company's core business is performing well where it counts. This seems to be the likely driver behind the recent bounce back in the stock price from its earlier lows.

While the analyst price target cuts are a note of caution, the fact that they largely maintained their positive ratings ("Buy") suggests they still see value, just perhaps less explosive upside than before.

Given the recent positive earnings news, the clear upward momentum in the stock price over the last few weeks, and the AI's forecast for continued short-term gains, the situation seems to lean cautiously positive for the near term. It looks like the market is reacting favorably to the operational performance.

For someone considering this stock, the current price area, around $14, is where this recent positive movement is happening. It could be seen as a potential area to consider if you believe the recent momentum has legs, perhaps looking for a continuation of the bounce. The AI prediction and some technical indicators (like the strong volume surge mentioned in the recommendation data) seem to support this idea.

If you were to consider getting in, thinking about risk is crucial. A potential stop-loss level to protect against a reversal might be somewhere below the recent bounce low, perhaps around the $12.24 level mentioned in the recommendation data. This would be a point where you might decide to exit if the upward trend doesn't hold and the price starts falling back towards its earlier lows.

On the upside, where might it go? The analyst average price target is around $21, and the AI prediction also points towards a target around $20.57 over a slightly longer horizon. These levels are significantly above the current price and represent potential areas where one might consider taking profits if the stock continues its climb.

A Little About Thryv

Just to add some context, Thryv is all about providing digital tools and marketing help to small and medium-sized businesses. Think of things like online presence, scheduling, payments, and customer management. The fact that their SaaS revenue is growing so strongly and making up a bigger piece of the pie is important because SaaS is generally seen as a more scalable and higher-margin business model than traditional services like print yellow pages (which they also still do).

It's also worth noting from the company details that they have a relatively small market cap (around $617 million) and some fundamental points like high debt and negative revenue growth overall (though SaaS is growing). Small cap stocks can be more volatile, and the debt/overall revenue picture are things to keep an eye on, even with the positive SaaS news.

Disclaimer: This analysis is based on the provided data and is for informational purposes only. It is not financial advice. Stock investing involves risk, and you could lose money. Always do your own thorough research and consider consulting with a qualified financial advisor before making any investment decisions.