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

2.94

Mkt cap

Volume

1.5M

High

3.03

P/E Ratio

-298.00

52-wk high

4.60

Low

2.90

Div yield

N/A

52-wk low

2.69

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

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

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