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's shares surged following the announcement of their Q1 revenue surpassing expectations, along with the release of their Q2 guidance and reaffirmation of the FY24 outlook.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:40 am

Taboola.com (NASDAQ:TBLA) reported Q1 2024 earnings with a GAAP EPS of $(0.08), meeting analyst consensus estimates. The company's quarterly sales reached $414.008M, surpassing the $403.097M estimate by 2.71% and marking a 26.34% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:14 am

In Monday's after-market session, several Communication Services stocks showed notable movements. EverQuote, Vimeo, Innovid, Angi, Gaia, and PSQ Holdings were among the gainers, with EverQuote leading by a 14.4% increase after their Q1 earnings report. On the downside, National CineMedia, NFT, Grindr, Taboola.com, iClick Interactive Asia, and LQR House faced declines, with National CineMedia dropping 10.9% following their Q1 earnings release.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 8:31 pm

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

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 1:01 pm

Earnings reports and a dovish Federal Reserve stance lifted stocks last week, with Apple and Amazon leading the charge. FactSet reports 80% of S&P 500 companies have exceeded earnings expectations. This week, attention turns to Disney, Palantir, Robinhood, and Reddit's debut report. The SPDR S&P 500 ETF Trust and Invesco QQQ Trust saw gains, reflecting positive market sentiment.

Portfolio Pulse from Shanthi Rexaline

May 06, 2024 | 9:25 am

In Thursday's after-market session, communication services stocks saw significant movements. Notably, Snap and Alphabet reported their Q1 earnings, leading to substantial gains in their stock prices, with Snap up 25.4% and Alphabet (GOOGL and GOOG) up by approximately 12%. Pinterest, MoneyHero, and MultiMetaVerse Holdings also saw gains. Conversely, Chicken Soup for the Soul, GD Culture Group, Taboola.com, NFT, Society Pass, and VS Media Holdings experienced declines.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 8:33 pm

Analysts have mixed views on Taboola.com (NASDAQ:TBLA), with recent ratings showing a bullish trend. The average 12-month price target is $5.81, up 10.67% from the previous target. Taboola.com's financial performance is strong, with a revenue growth rate of 13.07%, a net margin of 0.89%, and an ROE of 0.35%. The company's debt-to-equity ratio is conservative at 0.2, indicating low dependency on debt financing.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 2:01 pm

B. Riley Securities analyst Zach Cummins has reinstated a Buy rating on Taboola.com (NASDAQ:TBLA) and set a price target of $5.25.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:41 pm

In Tuesday's after-market session, several communication services stocks saw significant movements. Chicken Soup for the Soul (CSSE) led the gainers with a 63.5% increase, following its Q4 earnings report. Other notable gainers included VS Media Holdings (VSME) and Taboola.com (TBLA). On the losing end, Society Pass (SOPA) and 9F (JFU) experienced the largest declines. The movements reflect a mix of earnings reports and market reactions.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 8:31 pm

Taboola (NASDAQ:TBLA) announced a successful holiday advertising campaign with Bombas, achieving a 300% Return On Ad Spend (ROAS) in November 2023 using Taboola's Maximize Conversions bidding technology. This technology automates CPC bidding to maximize conversions within a specified budget. The campaign resulted in a 224% total ROAS, surpassing the goal by 50%, and a $36 CPA, 49% lower than the target. This collaboration highlights Taboola's role in driving customer acquisition and optimizing campaign spending for Bombas.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 1:19 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.