Analyst maintained TBLA with Buy rating and lowered price target to $5. Lowered revenue and earnings estimates for fiscal years 2024 and 2025. Concerns about longer integration time for Yahoo's demand side into Taboola's system. Maintained estimates for fiscal 2024 second quarter but adjusted second half estimates. Cut fiscal 2025 revenue and EPS estimates due to lower projections.
- Taboola.com Ltd. is expected to report a year-over-year decline in earnings and higher revenues. - Analysts predict a quarterly loss of $0.09 per share and revenues of $401.73 million. - Earnings ESP for Taboola.com is -5.88% with a Zacks Rank of #4. - Positively leveraged Earnings ESP can indicate an earnings beat. - Past earnings surprises show Taboola.com beating consensus EPS estimates four times. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis
