Streetbeat News

TBLA

Taboola.com Ltd.

https://www.taboola.com

Industry

Internet Content & Information

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United Kingdom, the United States, Germany, France, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users. Taboola.com Ltd. was incorporated in 2006 and is headquartered in New York, New York.

Open

3.18

Mkt cap

1.1B

Volume

852K

High

3.18

P/E Ratio

-31.40

52-wk high

5.00

Low

3.10

Div yield

N/A

52-wk low

2.87

Taboola.com (NASDAQ:TBLA) reported Q2 earnings of $0.07 per share, a significant increase from $(0.00) per share YoY. Sales were $428.20M, slightly missing the $428.67M estimate but up 28.97% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:11 am

Taboola.com (NASDAQ:TBLA) reported Q2 2024 adjusted EPS of $(0.01), missing the undefined analyst estimate. Sales were $428.20M, slightly below the $428.67M estimate but up 28.97% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:09 am

Benchmark analyst Mark Zgutowicz has reiterated a Buy rating on Taboola.com (NASDAQ:TBLA) and maintained a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 2:31 pm

Taboola has adopted DoubleVerify's DV Authentic Marketplace Pre-Bid Activation solution to enhance its digital media measurement and analytics capabilities.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 1:02 pm

Taboola (NASDAQ:TBLA) has launched 'Taboola for Audience,' an AI-powered technology aimed at helping publishers drive more traffic. This new tool has already resulted in over 10% traffic growth for select publishers, making Taboola a top referral source after social media and search.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:14 pm

Taboola.com Ltd (NASDAQ:TBLA) has secured a deal with Apple Inc (NASDAQ:AAPL) to deliver native advertising within the Apple News and Apple Stocks apps. This partnership is expected to leverage Taboola's extensive network and Apple's significant ad revenue potential. Taboola's shares rose by 5.47% following the announcement.

Portfolio Pulse from Anusuya Lahiri

July 16, 2024 | 3:45 pm

Taboola.com shares are trading higher following a report suggesting the company will sell ads for Apple.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 3:02 pm

Taboola has struck a deal with Apple to power native advertising within the Apple News and Apple Stocks apps. This partnership validates Taboola's business model and highlights Apple's strategy to grow its ad business through outsourcing. The deal is significant for both companies, with Taboola leveraging its extensive network of publishers and advertisers, and Apple aiming to boost its ad revenues.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 2:25 pm

Needham analyst Laura Martin maintained a Buy rating on Taboola.com Ltd (NASDAQ:TBLA) but lowered the price target from $6 to $5. Despite strong Q2 projections, Martin reduced her revenue and earnings estimates for the second half of fiscal 2024 and fiscal 2025 due to integration delays with Yahoo's demand side. TBLA shares are trading lower by 4.18% at $3.33.

Portfolio Pulse from Anusuya Lahiri

July 05, 2024 | 6:16 pm

Top Wall Street analysts have updated their price targets and ratings for several US-listed companies. Notable changes include price target increases for Belden Inc., Quest Diagnostics, TeraWulf Inc., S&P Global, and Moody’s Corporation, while Arrowhead Pharmaceuticals, fuboTV Inc., Taboola.com Ltd., Constellation Brands, and Vale S.A. saw their price targets reduced.

Portfolio Pulse from Avi Kapoor

July 05, 2024 | 3:02 pm

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