Taboola.com (NASDAQ:TBLA) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Taboola.com (NASDAQ:TBLA) issued its quarterly 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 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 Stock Performance

Shares of NASDAQ:TBLA traded down $0.62 during mid-day trading on Wednesday, reaching $3.08. 1,689,273 shares of the company traded hands, compared to its average volume of 761,046. Taboola.com has a 52 week low of $2.87 and a 52 week high of $4.96. The firm has a market cap of $898.48 million, a PE ratio of -30.95 and a beta of 1.27. The company’s 50 day moving average price is $3.75 and its 200-day moving average price is $3.55. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 1.31.

Analyst Ratings Changes

Several research firms have recently weighed in on TBLA. Benchmark reissued a “buy” rating and set a $5.00 price objective on shares of Taboola.com in a report on Tuesday. JMP Securities lowered their target price on Taboola.com from $6.00 to $5.00 and set a “market outperform” rating on the stock in a report on Monday, January 27th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $5.00 price objective on shares of Taboola.com in a research note on Friday, January 17th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus 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.