Taboola.com Ltd. Ordinary Shares (TBLA)
Taboola Ltd. is a global advertising technology company specializing in content discovery and native advertising. It offers a platform that helps publishers, advertisers, and brands enhance user engagement by recommending relevant content across digital properties. Founded in 2007, Taboola is known for its content recommendation widgets that drive traffic, increase revenue, and facilitate targeted advertising campaigns. The company operates worldwide, integrating its technology across a vast network of publishers and marketers.
Company News
Gannett has implemented Taboola's DeeperDive, a generative AI answer engine on USA TODAY, providing AI-generated responses enriched with journalistic content for over 195 million monthly unique visitors.
Needham analyst Laura Martin lowered Taboola's price target from $6 to $5, citing slower-than-expected integration of Yahoo's demand side into Taboola's system, which led to reduced revenue and earnings estimates for the second half of fiscal 2024 and fiscal 2025.
Taboola.com (TBLA) delivered earnings and revenue surprises of 11.11% and 3.06%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Its third-quarter earnings win is rewriting the ad market playbook.
In addition to showing “Taylor Swift: The Eras Tour” in its own cinemas, AMC is also the theatrical distributor for the movie