10 Best Debt-Free IT Penny Stocks to Buy

2. Vimeo Inc. (NASDAQ:VMEO)

EV to Market Cap: 0.6

Share Price: $3.9

Number of Hedge Fund Holders: 24

Vimeo Inc. (NASDAQ:VMEO) is one of the 10 best debt-free IT penny stocks to buy. Vimeo recently announced that its Chief Financial Officer, Gillian Munson, will be stepping down from her role, effective August 8, 2025. The company has begun the search for her successor with the help of an external recruitment firm. The company has entered into a separation agreement with Munson, which includes standard severance terms and a bonus arrangement.

On a brighter note, despite the leadership change, Vimeo has reiterated its financial guidance for the full year ending December 31, 2025. The company also plans to announce its second-quarter results on August 4.

On the other side, analyst sentiment saw a slight adjustment. In early May, Piper Sandler’s analyst Thomas Champion revised Vimeo’s price target from $10 to $8, citing a lower valuation multiple. Still, the firm maintained an Overweight rating on the stock. First-quarter revenue and EBITDA came in ahead of expectations, but the breakdown between segments showed a divergence. While the Self-Serve business returned to growth, helped by recent price increases, Enterprise bookings were softer, with macroeconomic pressures reportedly delaying some deals.

While the departure of the CFO introduces a degree of uncertainty, the reaffirmed outlook and steady performance in core metrics provide some reassurance.

Vimeo Inc. (NASDAQ:VMEO) operates a global video hosting, streaming, and editing platform tailored for professionals and enterprises.