Bending Spoons (NASDAQ:BSP) Posts Earnings Results, Beats Estimates By $0.19 EPS

Bending Spoons (NASDAQ:BSP) posted its quarterly earnings results on Thursday. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.19, FiscalAI reports. The business had revenue of $704.15 million during the quarter. The company’s revenue was up 126.3% on a year-over-year basis.

Here are the key takeaways from Bending Spoons’ conference call:

• Q2 revenue rose 126% to $704 million, while adjusted operating income increased 150% to $381 million, with the margin expanding to 54%. Diluted EPS and adjusted EPS increased 163% and 167%, respectively.
• Management reiterated strong M&A momentum, completing the $759 million Tractive acquisition and agreeing to acquire Airtable for $1.29 billion. The company said its pipeline remains robust and that the Airtable deal is expected to close before year-end, although it is not included in current guidance.
• Management reported progress integrating AOL, Eventbrite, and Vimeo, including more than 70 product improvements and major technology modernizations. At Eventbrite, paid user-acquisition spending fell about 30% without harming top-of-funnel metrics, while advertising monetization improved approximately 20%.
• Organic revenue growth was 3%, with strength from WeTransfer and Tractive offset by declines at Remini and Splice. Management said AI has not materially disrupted most businesses, though it may be contributing to greater competition and customer-acquisition difficulty at Remini.
• The company’s long-term expansion depends on attracting talent, integrating acquisitions, and accessing capital, with operational capacity identified as a potential bottleneck. Interest expense increased 205% year over year amid higher debt levels, although post-quarter IPO proceeds and new financing provide funding for Airtable and additional deals.

Bending Spoons Trading Down 3.9%

Bending Spoons stock traded down $1.61 during midday trading on Friday, hitting $39.31. The company’s stock had a trading volume of 2,236,254 shares, compared to its average volume of 2,723,653. Bending Spoons has a 1-year low of $30.11 and a 1-year high of $58.94.

Bending Spoons News Roundup

Here are the key news stories impacting Bending Spoons this week:

• Positive Sentiment: Bending Spoons reported Q2 2026 adjusted EPS of $0.46, exceeding the $0.27 analyst consensus by $0.19. Revenue reached approximately $704 million, up 126.3% year over year and above expectations by about $21 million. Bending Spoons Q2 earnings report
• Positive Sentiment: Benchmark raised its price target from $45 to $50 and maintained a “buy” rating, implying substantial upside. The firm cited the inaugural earnings and revenue beat. Benchmark price-target increase
• Neutral Sentiment: Third-quarter revenue guidance of $733 million to $745 million brackets the $738.6 million consensus estimate, suggesting continued growth but limited near-term upside relative to expectations. Full-year revenue guidance of approximately $2.8 billion is below the $2.9 billion consensus forecast. Bending Spoons Q2 results
• Neutral Sentiment: Management’s earnings call focused on the company’s rapid expansion and acquisition strategy, which is driving strong reported growth but also increasing the financial burden of mergers and acquisitions. Bending Spoons Q2 earnings call transcript
• Negative Sentiment: JPMorgan raised its target from $35 to $38 but kept a “neutral” rating, while Bank of America downgraded the stock to “underperform.” These cautious views indicate concerns about valuation, execution or the sustainability of acquisition-led growth. JPMorgan analyst action Bank of America downgrade

Analyst Upgrades and Downgrades

Several equities analysts have commented on BSP shares. Benchmark upped their price objective on shares of Bending Spoons from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday. Mizuho set a $72.00 target price on shares of Bending Spoons in a research note on Tuesday. The Goldman Sachs Group started coverage on shares of Bending Spoons in a report on Monday, July 27th. They set a “buy” rating and a $43.00 target price for the company. Wall Street Zen raised shares of Bending Spoons to a “hold” rating in a report on Sunday, July 12th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Bending Spoons from $35.00 to $38.00 and gave the stock a “neutral” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.80.

About Bending Spoons

Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.