Kaltura shares surge 25.17% intraday after Q3 earnings beat, revenue guidance upgrade, and $27M eSelf.ai AI acquisition.

Kaltura (KLTR) surged 25.17% intraday following the release of Q3 earnings showing a narrower net loss, modest revenue growth, and upgraded revenue guidance. The company’s share repurchase of 14.4M shares at a 25% discount from Goldman Sachs and its $27M acquisition of eSelf.ai to integrate AI-driven virtual avatars into its Video Experience Cloud further bolstered investor confidence. Analysts highlighted improved adjusted EBITDA, robust cash flow, and a fair value estimate of $3.38 (vs. $1.84 closing price), underscoring undervaluation amid strategic AI expansion. Despite Q3 revenue falling short of expectations, the stock’s sharp rebound was driven by optimism around margin improvements, customer engagement innovations, and the buyback signaling management’s confidence in future value.