NASDAQ:PALT Paltalk (PALT) Stock Forecast, Price & News $2.71 +0.05 (+1.88%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$2.60▼$2.7550-Day Range$1.81▼$2.9152-Week Range$1.28▼$4.60Volume56,216 shsAverage Volume238,695 shsMarket Capitalization$24.99 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Paltalk (NASDAQ:PALT) StockPaltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. The company offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and Vumber, a telecommunications application that enables users to have multiple phone numbers in any area code through which calls can be forwarded to a user's existing cell phone or landline telephone number. In addition, the company provides product payment options, where users can pay by credit card, PayPal, western union, check, local e-wallet providers, or complete an in-app purchase through the Apple App Store or Google Play Store for Android users. It also provides technology services and professional services, such as development, integration, engineering, licensing, other services. The company was formerly known as PeerStream, Inc. and changed its name to Paltalk, Inc. in May 2020. Paltalk, Inc. is based in Jericho, New York.Read More Receive PALT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paltalk and its competitors with MarketBeat's FREE daily newsletter. Email Address PALT Stock News HeadlinesJune 2, 2023 | finance.yahoo.comOne Paltalk, Inc. (NASDAQ:PALT) Broker Just Cut Their Revenue Forecasts By 17%May 29, 2023 | americanbankingnews.comPaltalk, Inc. (NASDAQ:PALT) Short Interest Down 14.5% in MayJune 6, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 12, 2023 | finance.yahoo.comWe're Hopeful That Paltalk (NASDAQ:PALT) Will Use Its Cash WiselyMay 11, 2023 | americanbankingnews.comPaltalk (NASDAQ:PALT) Lifted to "Buy" at Maxim GroupMay 9, 2023 | msn.comPaltalk: Q1 Earnings InsightsMay 9, 2023 | finance.yahoo.comPaltalk, Inc. Reports First Quarter 2023 Financial ResultsMay 8, 2023 | msn.comPreview: Paltalk's EarningsJune 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 8, 2023 | americanbankingnews.comPaltalk (PALT) Set to Announce Earnings on TuesdayMay 2, 2023 | finance.yahoo.comPaltalk, Inc. to Adjust Annual Meeting Start Time by One HourMay 2, 2023 | finance.yahoo.comPaltalk to Host First Quarter 2023 Earnings Results Conference Call on Tuesday, May 9, 2023 at 4:30 p.m. ETApril 14, 2023 | marketwatch.comInstant Messaging App Market With Types of Research ReportApril 5, 2023 | americanbankingnews.comAnalyzing Paltalk (NASDAQ:PALT) and DoorDash (NYSE:DASH)March 27, 2023 | finance.yahoo.comPaltalk, Inc. (NASDAQ:PALT) Q4 2022 Earnings Call TranscriptMarch 25, 2023 | markets.businessinsider.comPaltalk (PALT) Gets a Hold from Maxim GroupMarch 25, 2023 | finance.yahoo.comPaltalk Full Year 2022 Earnings: Beats ExpectationsMarch 24, 2023 | finance.yahoo.comQ4 2022 Paltalk Inc Earnings CallMarch 23, 2023 | finance.yahoo.comPaltalk, Inc. Reports Fourth Quarter and Full Year 2022 Financial ResultsMarch 22, 2023 | marketwatch.comGlobal Instant Messaging App Market Size Report Analysis, 2023-2031March 22, 2023 | finance.yahoo.comPaltalk, Inc. (PALT) Stock Historical Prices & Data - Yahoo FinanceMarch 22, 2023 | americanbankingnews.comPaltalk (PALT) Set to Announce Earnings on ThursdayMarch 21, 2023 | marketwatch.comInstant Messaging App Market Growth and Forecast till 2029March 13, 2023 | finance.yahoo.comPaltalk, Inc. Confirms No Relationship With Silicon Valley BankMarch 13, 2023 | finance.yahoo.comPaltalk to Host Fourth Quarter and Full Year 2022 Earnings Results Conference Call on Thursday, March 23, 2023 at 4:30 p.m. ETFebruary 22, 2023 | marketwatch.comInstant Messaging App Market Massive Growth Strikes Due To Technological Innovation During 2023-2028February 10, 2023 | marketwatch.comInstant Messaging App Market (New Research Report) By 2023 Which is Experiencing Strong Growth in the Globe till 2029See More Headlines PALT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PALT Company Calendar Last Earnings3/23/2023Today6/06/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:PALT CUSIPN/A CIK1355839 Webwww.paltalk.com Phone212-967-5120FaxN/AEmployees21Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.37) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-3,410,000.00 Net Margins-32.09% Pretax Margin-34.33% Return on Equity-15.81% Return on Assets-13.17% Debt Debt-to-Equity RatioN/A Current Ratio4.44 Quick Ratio4.44 Sales & Book Value Annual Sales$10.99 million Price / Sales2.27 Cash FlowN/A Price / Cash FlowN/A Book Value$2.24 per share Price / Book1.21Miscellaneous Outstanding Shares9,220,000Free Float7,793,000Market Cap$24.99 million OptionableNot Optionable Beta0.71 Key ExecutivesMr. Jason Katz (Age 60)Founder, Chairman, Pres, CEO & COO Comp: $315.01kMs. Kara B. Jenny (Age 54)Chief Financial Officer Comp: $301.96kMr. Adam Zalko (Age 39)VP of Engineering Comp: $265.98kMs. Wilmary Soto-GuignetCorp. Sec.Key CompetitorsSPAR GroupNASDAQ:SGRPExela TechnologiesNASDAQ:XELADigital Media SolutionsNYSE:DMSSociety PassNASDAQ:SOPASmart PowerrNASDAQ:CREGView All CompetitorsInsiders & InstitutionsState Street CorpBought 37,200 shares on 5/16/2023Ownership: 0.575%Geode Capital Management LLCBought 19,545 shares on 5/16/2023Ownership: 0.488%Jane Street Group LLCBought 39,207 shares on 5/16/2023Ownership: 0.425%Two Sigma Investments LPBought 26,791 shares on 5/15/2023Ownership: 0.291%Renaissance Technologies LLCBought 20,500 shares on 5/12/2023Ownership: 0.222%View All Insider TransactionsView All Institutional Transactions PALT Stock - Frequently Asked Questions Should I buy or sell Paltalk stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paltalk in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PALT shares. View PALT analyst ratings or view top-rated stocks. How have PALT shares performed in 2023? Paltalk's stock was trading at $1.32 at the beginning of the year. Since then, PALT shares have increased by 105.3% and is now trading at $2.71. View the best growth stocks for 2023 here. Are investors shorting Paltalk? Paltalk saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 160,700 shares, a decrease of 14.5% from the April 30th total of 187,900 shares. Based on an average trading volume of 180,200 shares, the short-interest ratio is presently 0.9 days. Approximately 3.1% of the shares of the company are sold short. View Paltalk's Short Interest. When is Paltalk's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our PALT earnings forecast. How were Paltalk's earnings last quarter? Paltalk, Inc. (NASDAQ:PALT) released its quarterly earnings data on Thursday, March, 23rd. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm earned $2.79 million during the quarter. Paltalk had a negative net margin of 32.09% and a negative trailing twelve-month return on equity of 15.81%. What is Paltalk's stock symbol? Paltalk trades on the NASDAQ under the ticker symbol "PALT." Who are Paltalk's major shareholders? Paltalk's stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (0.57%), Geode Capital Management LLC (0.49%), Jane Street Group LLC (0.43%), Two Sigma Investments LP (0.29%) and Renaissance Technologies LLC (0.22%). Insiders that own company stock include Jason Katz and Yoram Abada. View institutional ownership trends. How do I buy shares of Paltalk? Shares of PALT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Paltalk's stock price today? One share of PALT stock can currently be purchased for approximately $2.71. How much money does Paltalk make? Paltalk (NASDAQ:PALT) has a market capitalization of $24.99 million and generates $10.99 million in revenue each year. The company earns $-3,410,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis. How can I contact Paltalk? Paltalk's mailing address is 30 JERICHO EXECUTIVE PLAZA SUITE 400E, JERICHO NY, 11753. The official website for the company is www.paltalk.com. The company can be reached via phone at 212-967-5120 or via email at ir@paltalk.com. 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