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TBLA - Taboola: At A Key Inflection Point Right Time To Buy
Taboola.com Ltd.
2024-04-04 10:23:48 ET
Summary
Taboola's partnership with Yahoo has the potential to generate $1 billion in annual revenue and is expected to materialize in its financials in FY2024.
The strategic partnerships with Yahoo but also with Apple validate Taboola's technology and market positioning, diversifying its revenue streams and attracting leading global brands.
The current valuation reflects excessive scepticism around execution of the company's transformative growth plans, enabling an attractive entry price point.