Taboola.com (NASDAQ:TBLA) Releases Quarterly Earnings Results

Taboola.com (NASDAQ:TBLA) released its earnings results on Wednesday. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01), Zacks reports. Taboola.com had a negative return on equity of 1.68% and a negative net margin of 1.96%. Taboola.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Taboola.com Stock Performance

Taboola.com stock traded down $0.61 during mid-day trading on Wednesday, reaching $3.10. 7,806,378 shares of the company’s stock were exchanged, compared to its average volume of 934,509. Taboola.com has a one year low of $2.87 and a one year high of $4.96. The business’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $3.55. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $903.73 million, a PE ratio of -30.95 and a beta of 1.27.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on TBLA shares. Oppenheimer reissued a “market perform” rating on shares of Taboola.com in a report on Wednesday. JMP Securities reduced their price objective on shares of Taboola.com from $6.00 to $5.00 and set a “market outperform” rating for the company in a research note on Monday, January 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $5.00 target price on shares of Taboola.com in a report on Friday, January 17th. Finally, Benchmark restated a “buy” rating and set a $5.00 price objective on shares of Taboola.com in a research report on Tuesday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $5.25.

About Taboola.com

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, 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.