Taboola.com (NASDAQ:TBLA) Announces Earnings Results, Misses Expectations By $0.01 EPS

Taboola.com (NASDAQ:TBLAGet Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01), Zacks reports. Taboola.com had a negative net margin of 1.96% and a negative return on equity of 1.68%. Taboola.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Taboola.com Trading Down 16.4 %

Shares of TBLA traded down $0.61 during trading hours on Wednesday, hitting $3.10. The stock had a trading volume of 7,806,378 shares, compared to its average volume of 934,509. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a market cap of $903.73 million, a P/E ratio of -30.95 and a beta of 1.27. The company’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $3.55. Taboola.com has a 12-month low of $2.87 and a 12-month high of $4.96.

Wall Street Analysts Forecast Growth

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

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About Taboola.com

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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.

Further Reading

Earnings History for Taboola.com (NASDAQ:TBLA)

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