2023-03-07 21:38:20 ET
Summary
- Taboola is a leading advertising technology platform that gives advertisers access to major publishers from Bloomberg to the Huffington Post.
- The company reported solid financial results for Q4,22 as it beat both revenue and earnings estimates, despite a tough macroeconomic climate, which has impacted the advertising market tremendous.
- My discounted cash flow model indicates TBLA stock is undervalued intrinsically and relative to historic multiples.
For further details see:
Taboola: Earnings Beat Despite Advertising Market Headwinds