Taboola.com Ltd. (NASDAQ:TBLA) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Taboola.com Ltd. (NASDAQ:TBLA) have received a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $4.50.

Several brokerages recently issued reports on TBLA. BTIG Research began coverage on Taboola.com in a report on Tuesday, October 7th. They issued a “neutral” rating for the company. B. Riley increased their target price on Taboola.com from $4.00 to $4.50 and gave the company a “buy” rating in a research note on Thursday, August 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Taboola.com in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded Taboola.com from a “hold” rating to a “strong-buy” rating in a report on Saturday, November 8th.

Taboola.com Trading Down 0.2%

NASDAQ TBLA opened at $4.09 on Friday. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 51.13 and a beta of 1.27. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.06 and a current ratio of 1.06. Taboola.com has a one year low of $2.50 and a one year high of $4.30. The company’s 50 day moving average price is $3.57 and its 200 day moving average price is $3.50.

Taboola.com (NASDAQ:TBLA) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.03). Taboola.com had a return on equity of 8.12% and a net margin of 1.34%.The business had revenue of $496.76 million for the quarter, compared to analysts’ expectations of $465.57 million. During the same quarter in the prior year, the firm earned ($0.02) earnings per share. Taboola.com’s quarterly revenue was up 14.7% compared to the same quarter last year. Taboola.com has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Insiders Place Their Bets

In related news, Director Nechemia Jacob Peres sold 6,387,648 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $3.67, for a total transaction of $23,442,668.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Eldad Maniv sold 414,816 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $3.78, for a total transaction of $1,568,004.48. Following the completion of the transaction, the chief operating officer owned 10,392,460 shares in the company, valued at $39,283,498.80. This represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 6,812,509 shares of company stock valued at $25,048,341. Company insiders own 24.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC increased its holdings in Taboola.com by 13.1% during the 1st quarter. Acadian Asset Management LLC now owns 2,875,922 shares of the company’s stock worth $8,476,000 after purchasing an additional 332,660 shares during the last quarter. Pallas Capital Advisors LLC purchased a new position in shares of Taboola.com during the 2nd quarter valued at approximately $41,000. LSV Asset Management acquired a new stake in shares of Taboola.com during the second quarter worth approximately $345,000. Bridgeway Capital Management LLC increased its stake in shares of Taboola.com by 15.5% in the first quarter. Bridgeway Capital Management LLC now owns 1,572,984 shares of the company’s stock worth $4,640,000 after buying an additional 210,562 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its holdings in Taboola.com by 59.0% in the first quarter. Cubist Systematic Strategies LLC now owns 573,067 shares of the company’s stock valued at $1,691,000 after acquiring an additional 212,584 shares in the last quarter. Hedge funds and other institutional investors own 42.89% of the company’s stock.

Taboola.com Company Profile

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.