Taboola.com Ltd. (TBLA) has seen significant upward revisions in its earnings estimates, with the current-quarter estimate rising by 600% to $0.10 per share, and a full-year estimate up 4,600% to $0.45 per share. These adjustments reflect strong optimism among analysts regarding the company’s earnings prospects.
Over the past month, one estimate for the current year has increased while there have been no negative revisions, leading to a 33.33% boost in the Zacks Consensus Estimate. Taboola.com currently holds a Zacks Rank of #2 (Buy), indicating strong potential for stock performance.
The stock has gained 5% over the past four weeks, and analysts suggest that continued improvements in earnings could further drive the stock price upward.
