Rentrak: A Subscription-Based Secular Grower Transforming Media Ad Buying
- A recent Russell 2000-driven sell-off yields attractive opportunity with 60% upside.
- Revenue growth to accelerate to +50% CAGR over next 3 years, with significant operating margin expansion.
- A subscription-based business with significant pricing power and >90% renewal rates.
- Secular growth driven by programmatic ad buying and fragmentation of TV-viewing.