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Down 20.5% in 4 Weeks, Here's Why Taboola.com (TBLA) Looks Ripe for a Turnaround
ZACKS· 2026-03-04 15:36
Group 1 - Taboola.com Ltd. (TBLA) has experienced significant selling pressure, resulting in a 20.5% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The Relative Strength Index (RSI) for TBLA is currently at 29.29, indicating that the stock is in oversold territory, which may suggest a potential rebound as selling pressure exhausts [5] - There has been a strong consensus among sell-side analysts to raise earnings estimates for TBLA, leading to a 61.5% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7] Group 2 - TBLA holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [8]