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Taboola.com - AI Stock Analysis
Analysis generated November 26, 2024
Taboola.com is a leading tech company specializing in content discovery and personalized advertising. The company operates a digital platform that provides recommendations for users across various websites. By leveraging advanced algorithms, Taboola aims to drive user engagement and revenue for partners. This dual-focus approach makes it an essential platform within the digital ad-tech landscape.
Fundamental Analysis
Revenue for the last quarter was $433M. This represents a 1.13% increase compared to the previous quarter and a 20.21% increase year-over-year. This indicates positive overall growth metrics. However, the net income for the last quarter was $6.5M, which is a decrease of 50.41% compared to the previous quarter but an increase of 72.10% compared to the same quarter last year. These figures suggest a need for better operational efficiency.
EBITDA for the last quarter stood at $29M, showing an increase of 61.00% from the previous quarter and a massive 300.92% jump year-over-year. EBITDA is a crucial measure of a company's profitability and operational performance, and these figures show significant improvement.
There has also been insider selling over the last few months, which could be a bearish signal. This may indicate some concerns among insiders about the company’s short-term performance or valuation.
Technical Analysis
Today's stock price is $3.47, a decrease of 5.19% from a month ago and a decline of 9.87% year-over-year. Short-term price movements may be concerning, but technical indicators suggest a potential reversal. The SMA10 is currently $3.39, up from the previous $3.35, signaling a possible upward trend. Additionally, the RSI of 39.1 places the stock in a neutral condition, neither overbought nor oversold.
Alternative Data Analysis
Taboola.com has 96 open job positions, a rise of 35% over the past few months, indicating growth and expansion. Employee sentiment is highly positive with 82% expressing a favorable outlook, a positive sign for internal morale and operational stability.
In terms of customer acquisition, Taboola.com boasts approximately 2.18 billion visitors to their webpage, up by 49% recently, showing a strong bullish trend. However, mobile app downloads remain stagnant. Customer engagement metrics show 49,000 Instagram followers (up 4%) and 11,000 Twitter followers, with no change recently. Lastly, the AI score from AltIndex stands at 69, interpreted as a buy signal.
Conclusion and Recommendation
Taking into account all the above analyses, Taboola.com exhibits robust year-over-year growth in revenue and EBITDA. Despite short-term declines in net income and stock price, there are strong technical signals indicating a potential reversal. The alternative data presents a positive sentiment and increasing customer engagement. Based on these factors, it is reasonable to consider Taboola.com stock as a potential buy.
Disclaimer: This AI stock analysis, generated by an experimental AI tool, is for informational purposes only and not financial advice. Information is based on publicly available data and may not always be accurate or current.
