Teads (NASDAQ:TEAD) Announces Quarterly Earnings Results

Teads (NASDAQ:TEAD - Get Free Report) released its earnings results on Thursday. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.02), Zacks reports. The firm had revenue of $318.77 million during the quarter. Teads had a negative net margin of 5.76% and a negative return on equity of 4.37%.Teads Stock Down 45.9%NASDAQ TEAD traded down $0.68 during trading hours on Thursday, reaching $0.79. The company's stock had a trading volume of 7,230,547 shares, compared to its average volume of 358,496. The company's fifty day simple moving average is $1.59. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.10 and a quick ratio of 1.10. Teads has a 52 week low of $0.72 and a 52 week high of $7.87. Analyst Ratings ChangesTEAD has been the topic of several research reports. Wall Street Zen upgraded Teads from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Needham & Company LLC lowered their price target on shares of Teads from $5.00 to $3.50 and set a "buy" rating on the stock in a research note on Thursday, August 7th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Teads in a research note on Wednesday, October 8th. JMP Securities lowered their price target on shares of Teads from $10.00 to $5.00 and set a "market outperform" rating on the stock in a research note on Friday, August 8th. Finally, Citigroup lowered their price target on shares of Teads from $3.90 to $3.40 and set a "neutral" rating on the stock in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $3.97.Check Out Our Latest Stock Analysis on TeadsAbout Teads (Get Free Report)Outbrain Inc, together with its subsidiaries, operates an online content recommendation platform worldwide. It offers Outbrain Engage, a product suite for media partners that provides personalized feeds and data-driven recommendations, as well as a solution to maximize user engagement. The company's Outbrain Engage solution also includes a web-based dashboard to manage and control various aspects of the platform, including content, formats, sources, frequency, and categories of ads delivered on their properties, as well as monetizes the content through customized data-driven advertising.Recommended StoriesFive stocks we like better than Teads3 Warren Buffett Stocks to Buy NowCAVA Stock Looking for Direction After Earnings MissWhat is diluted earnings per share (Diluted EPS)?3 Small AI Stocks Ready to Explode (All Under $20)The 3 Best Fintech Stocks to Buy NowAfter 16% Fall, Analysts Eye a Big Recovery in Meta PlatformsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Teads Right Now?Before you consider Teads, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Teads wasn't on the list.While Teads currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here