NASDAQ:PALT

Paltalk (PALT) Stock Forecast, Price & News

$2.71

+0.05 (+1.88%)

(As of 06/5/2023 ET)

Compare

Today's Range: $2.60
▼
$2.75
50-Day Range: $1.81
▼
$2.91
52-Week Range: $1.28
▼
$4.60

Volume: 56,216 shs
Average Volume: 238,695 shs
Market Capitalization: $24.99 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Paltalk (NASDAQ:PALT) Stock

Paltalk, 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.

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PALT Stock News Headlines

June 2, 2023 | finance.yahoo.com

One Paltalk, Inc. (NASDAQ:PALT) Broker Just Cut Their Revenue Forecasts By 17%

May 29, 2023 | americanbankingnews.com

Paltalk, Inc. (NASDAQ:PALT) Short Interest Down 14.5% in May

June 6, 2023 | Behind the Markets (Ad)

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May 12, 2023 | finance.yahoo.com

We're Hopeful That Paltalk (NASDAQ:PALT) Will Use Its Cash Wisely

May 11, 2023 | americanbankingnews.com

Paltalk (NASDAQ:PALT) Lifted to "Buy" at Maxim Group

May 9, 2023 | msn.com

Paltalk: Q1 Earnings Insights

May 9, 2023 | finance.yahoo.com

Paltalk, Inc. Reports First Quarter 2023 Financial Results

May 8, 2023 | msn.com

Preview: Paltalk's Earnings

June 6, 2023 | Behind the Markets (Ad)

"Unknown laser company making HUGE profit from Russia-Ukraine War"

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May 8, 2023 | americanbankingnews.com

Paltalk (PALT) Set to Announce Earnings on Tuesday

May 2, 2023 | finance.yahoo.com

Paltalk, Inc. to Adjust Annual Meeting Start Time by One Hour

May 2, 2023 | finance.yahoo.com

Paltalk to Host First Quarter 2023 Earnings Results Conference Call on Tuesday, May 9, 2023 at 4:30 p.m. ET

April 14, 2023 | marketwatch.com

Instant Messaging App Market With Types of Research Report

April 5, 2023 | americanbankingnews.com

Analyzing Paltalk (NASDAQ:PALT) and DoorDash (NYSE:DASH)

March 27, 2023 | finance.yahoo.com

Paltalk, Inc. (NASDAQ:PALT) Q4 2022 Earnings Call Transcript

March 25, 2023 | markets.businessinsider.com

Paltalk (PALT) Gets a Hold from Maxim Group

March 25, 2023 | finance.yahoo.com

Paltalk Full Year 2022 Earnings: Beats Expectations

March 24, 2023 | finance.yahoo.com

Q4 2022 Paltalk Inc Earnings Call

March 23, 2023 | finance.yahoo.com

Paltalk, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

March 22, 2023 | marketwatch.com

Global Instant Messaging App Market Size Report Analysis, 2023-2031

March 22, 2023 | finance.yahoo.com

Paltalk, Inc. (PALT) Stock Historical Prices & Data - Yahoo Finance

March 22, 2023 | americanbankingnews.com

Paltalk (PALT) Set to Announce Earnings on Thursday

March 21, 2023 | marketwatch.com

Instant Messaging App Market Growth and Forecast till 2029

March 13, 2023 | finance.yahoo.com

Paltalk, Inc. Confirms No Relationship With Silicon Valley Bank

March 13, 2023 | finance.yahoo.com

Paltalk to Host Fourth Quarter and Full Year 2022 Earnings Results Conference Call on Thursday, March 23, 2023 at 4:30 p.m. ET

February 22, 2023 | marketwatch.com

Instant Messaging App Market Massive Growth Strikes Due To Technological Innovation During 2023-2028

February 10, 2023 | marketwatch.com

Instant Messaging App Market (New Research Report) By 2023 Which is Experiencing Strong Growth in the Globe till 2029

See More Headlines

PALT Price History

30 days | 90 days | 365 days | Advanced Chart

PALT Company Calendar

Last Earnings: 3/23/2023
Today: 6/06/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:PALT
CUSIP: N/A
CIK: 1355839
Web: www.paltalk.com
Phone: 212-967-5120
Fax: N/A
Employees: 21
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net 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 Ratio: N/A
Current Ratio: 4.44
Quick Ratio: 4.44

Sales & Book Value

Annual Sales: $10.99 million
Price / Sales: 2.27
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.24 per share
Price / Book: 1.21

Miscellaneous

Outstanding Shares: 9,220,000
Free Float: 7,793,000
Market Cap: $24.99 million
Optionable: Not Optionable
Beta: 0.71

Key Executives

Mr. Jason Katz (Age 60)
Founder, Chairman, Pres, CEO & COO
Comp: $315.01k

Ms. Kara B. Jenny (Age 54)
Chief Financial Officer
Comp: $301.96k

Mr. Adam Zalko (Age 39)
VP of Engineering
Comp: $265.98k

Ms. Wilmary Soto-Guignet
Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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.

This page (NASDAQ:PALT) was last updated on 6/6/2023 by MarketBeat.com Staff

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