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Home โบ Stocks โบ Paltalk, Inc. (PALT) Stock Forecast & Price Prediction United States | NASDAQ | Technology | Software - Application
$1.97
-0.01 (-0.76%)Did PALT Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Paltalk is one of their latest high-conviction picks.
PALT has shown a year-to-date change of -1.0% and a 1-year change of -8.4%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for PALT. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PALT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 14, 2025 | Maxim Group | Buy | Upgrade | $N/A | |
| Aug 14, 2024 | Maxim Group | Allen Klee | Hold | Downgrade | $N/A |
| May 10, 2024 | Maxim Group | Buy | Maintains | $N/A | |
| May 10, 2023 | Maxim Group | Buy | Upgrade | $N/A | |
| Aug 9, 2022 | Maxim Group | Hold | Downgrade | $N/A | |
| Nov 8, 2021 | Maxim Group | Buy | Initiates | $N/A |
The following stocks are similar to Paltalk based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Paltalk, Inc. has a market capitalization of $18.75M with a P/E ratio of -16.4x. The company generates $10.28M in trailing twelve-month revenue with a -18.4% profit margin.
Revenue growth is -24.7% quarter-over-quarter, while maintaining an operating margin of -52.8% and return on equity of -9.6%.
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Develops communications software and multimedia applications.
The company generates revenue by offering consumer applications for live video chat, such as Paltalk, Camfrog, and Tinychat, along with telecommunications services through Vumber. Additionally, it monetizes ManyCam, a live streaming software, and provides various payment options for users to facilitate transactions.
Paltalk was formerly known as PeerStream, Inc. before its rebranding in May 2020. Established in 2005, it is based in Jericho, New York, and has a global reach in its product offerings.
Technology
Software - Application
17
Mr. Jason Katz
United States
2021
Paltalk, Inc. (NASDAQ:PALT) will host its Q3 2024 earnings conference call on November 12, 2024, at 4:30 PM ET, featuring CFO Kara Jenny and CEO Jason Katz.
Paltalk's Q3 earnings call will provide insights into its financial performance and future outlook, influencing investor sentiment and stock valuation.
Monteverde & Associates is investigating Paltalk, Inc. regarding its merger with Newtek Technology Solutions, involving a $4M cash payment and issuance of 4M shares of preferred stock.
The investigation into Paltalk's merger with Newtek could signal potential risks or value changes, impacting share prices and investor sentiment regarding the deal's viability.
The communication services sector has identified oversold stocks, indicating potential opportunities for investors to buy undervalued companies.
Oversold stocks in communication services indicate potential for price recovery, making them attractive for value investing and future capital gains.
Paltalk, Inc. (NASDAQ: PALT) announced a final judgment in its patent infringement lawsuit against Cisco Systems, granted by the District Court for the Western District of Texas on October 8, 2024.
Paltalk's favorable court ruling in its patent lawsuit against Cisco could enhance its market position and potentially increase investor confidence, influencing stock performance.
NewtekOne, Inc. transformed into a bank holding company amid high interest rates. Q2 2024 revenue rose 22.4% YoY, with GAAP earnings at $0.43 per share and a 6.5% dividend yield.
NewtekOne's strong revenue growth and earnings beat amid a banking crisis signal resilience, making its 6.5% dividend yield attractive for income-focused investors.
Paltalk Inc (NASDAQ: PALT) won a $65.7 million patent infringement case against Cisco Systems, marking a significant legal victory for the company.
Paltalk's $65.7 million legal victory enhances its financial position, boosts investor confidence, and may encourage future growth, while casting uncertainty on Cisco's financials.
Analyst forecasts for Paltalk, Inc. (PALT) are not currently available. The stock is trading at $1.97.
According to current analyst ratings, PALT has 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.97. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for PALT are not currently available. The stock is trading at $1.97.
The company generates revenue by offering consumer applications for live video chat, such as Paltalk, Camfrog, and Tinychat, along with telecommunications services through Vumber. Additionally, it monetizes ManyCam, a live streaming software, and provides various payment options for users to facilitate transactions.
Price targets from Wall Street analysts for PALT are not currently available. The stock is trading at $1.97.
Price targets from Wall Street analysts for PALT are not currently available. The stock is trading at $1.97.
The overall analyst consensus for PALT is neutral. Out of 2 Wall Street analysts, 0 rate it as Buy, 1 as Hold, and 0 as Sell.
Stock price projections, including those for Paltalk, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.