Taboola.com, the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst John Blackledge from TD Cowen reiterated a Buy rating on the stock and has a $4.00 price target.
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John Blackledge has given his Buy rating due to a combination of factors including Taboola.com’s strong financial performance in the third quarter of 2025. The company reported gross revenue of $496.8 million, which was a 14.7% increase year-over-year and exceeded both the firm’s and consensus estimates. This growth was driven by the increased adoption of the Realize Platform and a rise in the number of scaled advertisers, as well as higher average revenue per advertiser.
Additionally, Taboola’s ex-TAC gross profit and EBITDA also surpassed expectations, with ex-TAC gross profit coming in at $176.7 million and EBITDA at $48.2 million. The company’s guidance for the fourth quarter indicates continued strength, with projected gross revenue and gross profit both expected to be ahead of previous estimates. These positive financial indicators and the momentum in the business underpin Blackledge’s Buy rating and the reaffirmation of the $4 price target.
According to TipRanks, Blackledge is a 5-star analyst with an average return of 13.3% and a 58.33% success rate. Blackledge covers the Communication Services sector, focusing on stocks such as Alphabet Class C, Match Group, and Meta Platforms.