What Analysts Are Saying About Taboola.com Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Taboola.com (NASDAQ:TBLA), with ratings ranging from bullish to bearish over the last quarter. The average 12-month price target has been raised to $5.75, up from $5.25. Key analysts from Needham and Oppenheimer have maintained or raised their ratings, with price targets reaching up to $6.00. Taboola.com, a tech company specializing in AI-based recommendations, shows strong financial performance with a notable revenue growth rate of 13.07%, a net margin of 0.89%, and an ROE of 0.35%.
March 28, 2024 | 6:01 pm
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Taboola.com has received mixed analyst ratings but shows strong financial performance with significant revenue growth and profitability.
The mixed analyst ratings, combined with the positive financial indicators such as revenue growth, net margin, and ROE, suggest a potentially positive short-term impact on TBLA's stock price. The increase in the average price target and the strong financial performance are likely to instill investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100