6 Analysts Assess Taboola.com: What You Need To Know
Portfolio Pulse from Benzinga Insights
Six analysts have recently provided ratings for Taboola.com Ltd (NASDAQ:TBLA), with all six maintaining a bullish stance. The average 12-month price target is $5.67, marking a 13.4% increase from the previous target of $5.00. The company has shown an 8.35% revenue growth rate as of September 30, 2023, but faces challenges with a net margin of -6.42% and an ROE of -2.14%. Taboola.com's market capitalization is below industry averages, and it has a conservative debt-to-equity ratio of 0.25.
January 08, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Taboola.com Ltd (NASDAQ:TBLA) maintains a bullish outlook from analysts with a raised average price target of $5.67. The company's financial performance shows revenue growth but struggles with profitability and efficiency.
The unanimous bullish stance from analysts and the raised price target suggest a positive short-term impact on TBLA's stock price. However, the concerns regarding profitability and efficiency may temper the stock's upward momentum. The high relevance is due to the direct mention and focus on TBLA, while the importance is high because analyst ratings and price targets are critical factors for investors. The confidence level is high due to the clear consensus among analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100