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

Over the last three months, five analysts have evaluated Taboola.com (NASDAQ:TBLA), with all ratings being bullish. The average 12-month price target is $5.65, down from a previous $6.00. Analysts have adjusted their ratings and price targets based on recent developments, reflecting a mix of maintained and lowered buy ratings.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:01 pm

Needham analyst Laura Martin maintains a Buy rating on Taboola.com (NASDAQ:TBLA) but lowers the price target from $6 to $5.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

Multiple AI companies are reportedly bypassing a tool used by publishers to prevent content scraping, according to licensing startup Tollbit.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 2:39 pm

Taboola has partnered with Foundry to enhance content recommendations across Foundry's network of consumer sites.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 1:01 pm

In the past three months, 7 analysts have released ratings for Taboola.com (NASDAQ:TBLA), with the majority being bullish. The average 12-month price target has increased to $5.89. Analysts have maintained or raised their ratings, reflecting positive sentiment towards the company. Taboola.com has shown significant revenue growth and strong financial performance, despite some challenges in asset utilization.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 1:00 pm

Needham analyst Laura Martin reiterates a Buy rating on Taboola.com (NASDAQ:TBLA) and maintains a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 10:44 am

Taboola and a360media have announced a partnership where a360media will use Taboola's products to grow its audience. This collaboration aims to leverage Taboola's technology to enhance audience engagement and expand reach.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:10 pm

Needham analyst Laura Martin has reiterated a Buy rating on Taboola.com (NASDAQ:TBLA) and maintained a $6 price target.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 7:29 pm

Taboola.Com Ltd (NASDAQ:TBLA) reported a 26.3% year-over-year revenue growth for Q1 fiscal 2024, reaching $414 million and surpassing the consensus of $403.097 million. The growth was driven by new and renewed publisher partnerships and investments in AI. Despite a contraction in gross margin, the company saw improvements in operating loss, cash flow, and free cash flow. Taboola also bought back $28 million in shares and reiterated its positive outlook for 2024, expecting continued acceleration in business.

Portfolio Pulse from Akanksha Bakshi

May 08, 2024 | 4:31 pm

U.S. stocks are set for a mixed open amid mixed earnings and anticipation of Federal Reserve officials' speeches. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showed slight premarket movements. Arista Networks (ANET) saw a significant premarket jump following its earnings announcement, while other companies like Electronic Arts (EA) and Coupang (CPNG) experienced declines. The market's focus remains on central bank officials' comments on rates and inflation, with traders hopeful for rate cuts.

Portfolio Pulse from Shanthi Rexaline

May 08, 2024 | 11:13 am

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