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

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%.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 6:01 pm

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

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 5:25 pm

In Friday's after-market session, several Communication Services stocks experienced notable movements. NextPlay Technologies, Chicken Soup for the Soul, VS Media Holdings, Scienjoy Holding, MediaCo Holding, and Taboola.com saw gains, with increases ranging from 4.81% to 8.1%. Conversely, Hanryu Holdings, National CineMedia, Fangdd Network Group, Zhihu, Blue Hat Interactive, and Global Mofy Metaverse faced declines, with decreases ranging from 3.07% to 5.6%.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 9:34 pm

In Thursday's after-market session, several Communication Services stocks experienced notable movements. Gainers included Treasure Global (TGL), Lytus Technologies Holdings (LYT), Taboola.com (TBLA), Chicken Soup for the Soul (CSSE), DHI Group (DHX), and Grindr (GRND), with increases ranging from 3.32% to 6.2%. Losers were led by Grom Social Enterprises (GROM), Asset Entities (ASST), Brera Holdings (BREA), MultiMetaVerse Holdings (MMV), Nextdoor Holdings (KIND), and Anghami (ANGH), with declines between 2.92% and 7.9%. Grindr's stock rise was attributed to its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:31 pm

Oppenheimer analyst Jason Helfstein has maintained an Outperform rating on Taboola.com (NASDAQ:TBLA) and increased the price target from $5.5 to $6.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 3:55 pm

Taboola.com (NASDAQ:TBLA) received mixed analyst ratings over the past three months, with a total of 4 bullish ratings. The average 12-month price target for TBLA has been raised to $5.75 from $5.00, indicating a 15.0% increase. Analysts from Needham and B. Riley Securities have raised their price targets to $6.00, reflecting optimism about the company's future performance. Despite positive revenue growth of 8.35% as of September 30, 2023, Taboola.com's financial indicators such as net margin, ROE, and ROA remain below industry averages, suggesting potential challenges ahead.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:01 pm

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

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:27 pm

Taboola.com's shares experienced increased trading volume following a note from Needham indicating that Apple has contracted Taboola.com to monetize Apple News in Canada and Australia. This new partnership is attributed to Taboola's previous success with Yahoo in November 2022, which attracted numerous high-quality brand buyers to Taboola for the first time.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:17 pm

Taboola.com's shares surged following the announcement of its Q4 earnings, alongside a revenue outlook for Q1 and FY24 that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 12:17 pm

Taboola.com has filed for a mixed shelf offering of up to $300 million. Additionally, selling shareholders are offering up to 93.74 million ordinary shares. This move could potentially increase the company's financial flexibility but also dilute current shareholders' equity.

Portfolio Pulse from Charles Gross

February 28, 2024 | 12:11 pm

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