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Google Competitor Taboola Gains Serious Momentum As Stock Surges Nearly 50%

MarketDash Editorial Team
2 hours ago
Native advertising platform Taboola.com is experiencing renewed strength after a sluggish start to the year, with its stock climbing nearly 50% since mid-October and momentum metrics hitting multi-week highs.

Taboola.com Ltd. (TBLA), the native advertising platform that competes with Alphabet Inc. (GOOG) (GOOGL) in the online advertising space, is having a moment. After drifting sideways for most of the year, the stock suddenly caught fire in October and hasn't looked back.

The renewed strength has pushed Taboola's Momentum score sharply higher, signaling that institutional and retail traders are starting to pay attention to this overlooked adtech name.

What's Behind The Momentum Surge?

Momentum scores measure how a stock is performing relative to everything else in the market, factoring in price movements and volatility across multiple timeframes before ranking stocks on a percentile basis. It's basically a way to spot which names are gaining strength while others sputter.

For the New York-based Taboola, that score jumped from 53.12 to 70.35 within a single week. That kind of move doesn't happen in a vacuum. The stock has climbed 48.85% since mid-October and is now up 21.72% year-to-date, a remarkable turnaround for a company that seemed stuck in neutral just months ago.

The catalyst? Taboola's Realize platform is gaining serious traction. Management described it as reaching an "inflection point" during the company's recent third-quarter earnings report, and it appears to be the primary driver behind the improved financial results.

Analysts are taking notice too. The consensus price target sits at $5.15 per share, representing a 13.43% upside from current levels. That's not a moonshot prediction, but it suggests the Street believes there's more room to run.

Beyond momentum, Taboola scores well on growth metrics, with favorable price trends across short, medium, and long-term timeframes. For investors hunting for adtech plays beyond the usual mega-cap suspects, this smaller competitor might be worth a closer look as it builds on its recent strength heading into the new year.

Back to Stock Market News

Google Competitor Taboola Gains Serious Momentum As Stock Surges Nearly 50%

MarketDash Editorial Team
2 hours ago
Native advertising platform Taboola.com is experiencing renewed strength after a sluggish start to the year, with its stock climbing nearly 50% since mid-October and momentum metrics hitting multi-week highs.

Taboola.com Ltd. (TBLA), the native advertising platform that competes with Alphabet Inc. (GOOG) (GOOGL) in the online advertising space, is having a moment. After drifting sideways for most of the year, the stock suddenly caught fire in October and hasn't looked back.

The renewed strength has pushed Taboola's Momentum score sharply higher, signaling that institutional and retail traders are starting to pay attention to this overlooked adtech name.

What's Behind The Momentum Surge?

Momentum scores measure how a stock is performing relative to everything else in the market, factoring in price movements and volatility across multiple timeframes before ranking stocks on a percentile basis. It's basically a way to spot which names are gaining strength while others sputter.

For the New York-based Taboola, that score jumped from 53.12 to 70.35 within a single week. That kind of move doesn't happen in a vacuum. The stock has climbed 48.85% since mid-October and is now up 21.72% year-to-date, a remarkable turnaround for a company that seemed stuck in neutral just months ago.

The catalyst? Taboola's Realize platform is gaining serious traction. Management described it as reaching an "inflection point" during the company's recent third-quarter earnings report, and it appears to be the primary driver behind the improved financial results.

Analysts are taking notice too. The consensus price target sits at $5.15 per share, representing a 13.43% upside from current levels. That's not a moonshot prediction, but it suggests the Street believes there's more room to run.

Beyond momentum, Taboola scores well on growth metrics, with favorable price trends across short, medium, and long-term timeframes. For investors hunting for adtech plays beyond the usual mega-cap suspects, this smaller competitor might be worth a closer look as it builds on its recent strength heading into the new year.