Cimpress (CMPR) Stock Forecast & Price Target

Cimpress PLC has demonstrated a positive financial trajectory, as evidenced by an 8% year-over-year increase in ad spend for its Vista segment, which reached $86.3 million and constituted 17.3% of total revenues. The company reported a 3% year-over-year increase in Vista segment revenue on an organic constant-currency basis during Q2/25, with strong bookings across several product categories reflecting growth rates in the high single digits to high teens. Additionally, diverse product segments, including promotional products, apparel, and signage, contributed to robust growth, which, coupled with expectations of at least 3% revenue growth for FY/25, reinforces a favorable outlook for Cimpress's stock performance.

Cimpress PLC reported a significant decline in Q2/25 adjusted EBITDA, which fell 20.5% year-over-year to $132.3 million, substantially underperforming both internal estimates and consensus expectations. The company anticipates a decrease in adjusted EBITDA for FY25, predicting at least $440 million, thus indicating a potential decline in free cash flow conversion that falls short of management's targets. Additionally, net leverage is projected to rise to a ratio of 3.0x by the end of FY25, reflecting concerns over increasing debt levels alongside disappointing revenue growth from key segments like Vista, particularly in business cards and seasonal consumer products.