Teads (TEAD)
Market Price (5/13/2026): $0.9445 | Market Cap: $90.9 MilSector: Communication Services | Industry: Interactive Media & Services
Teads (TEAD)
Market Price (5/13/2026): $0.9445Market Cap: $90.9 MilSector: Communication ServicesIndustry: Interactive Media & Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 33% Megatrend and thematic driversMegatrends include Digital Advertising. Themes include Ad-Tech Platforms. | Weak multi-year price returns2Y Excs Rtn is -106%, 3Y Excs Rtn is -143% | Penny stockMkt Price is 1.0 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -15 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.1% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 600% Weak revenue growthRev Chg QQuarterly Revenue Change % is -7.1% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.9% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -546% High stock price volatilityVol 12M is 116% Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 23.51 |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 33% |
| Megatrend and thematic driversMegatrends include Digital Advertising. Themes include Ad-Tech Platforms. |
| Weak multi-year price returns2Y Excs Rtn is -106%, 3Y Excs Rtn is -143% |
| Penny stockMkt Price is 1.0 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -15 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.1% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 600% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -7.1% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.1%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.9% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -546% |
| High stock price volatilityVol 12M is 116% |
| Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 23.51 |
Qualitative Assessment
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1. Accelerated Connected TV (CTV) Growth and Strategic Partnerships: Teads demonstrated significant momentum in its Connected TV (CTV) segment, with revenue surging over 50% year-over-year in Q1 2026. This growth was bolstered by strategic expansions and partnerships, including the renewal and expansion of its exclusive CTV HomeScreen partnership with LG Ad Solutions in April 2026, adding new markets such as Italy, Greece, Cyprus, and additional Asia-Pacific regions. Furthermore, Teads secured access to Google TV's Masthead placement in February 2026 and expanded its partnership with Lumen Research in May 2026 to introduce attention measurement across its global CTV HomeScreen placements, addressing a key measurement credibility gap for advertisers.
2. Improved Ex-TAC Gross Profit and Margin Expansion: Despite a 7% year-over-year decline in total revenue to $266.0 million in Q1 2026, Teads' Ex-TAC gross profit increased by 5% year-over-year to $107.9 million. The company also saw its Ex-TAC gross margin expand to 40.6% in Q1 2026, up from 36.0% in Q1 2025. This improvement in profitability was attributed to a favorable shift in revenue mix towards enterprise advertisers and agencies, alongside enhanced revenue per thousand impressions.
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Stock Movement Drivers
Fundamental Drivers
The 43.2% change in TEAD stock from 1/31/2026 to 5/12/2026 was primarily driven by a 33.9% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5122026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.67 | 0.96 | 43.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,183 | 1,280 | 8.2% |
| P/S Multiple | 0.1 | 0.1 | 33.9% |
| Shares Outstanding (Mil) | 95 | 96 | -1.2% |
| Cumulative Contribution | 43.2% |
Market Drivers
1/31/2026 to 5/12/2026| Return | Correlation | |
|---|---|---|
| TEAD | 43.2% | |
| Market (SPY) | 7.0% | 31.2% |
| Sector (XLC) | -3.2% | 27.4% |
Fundamental Drivers
The -34.9% change in TEAD stock from 10/31/2025 to 5/12/2026 was primarily driven by a -43.6% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5122026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.48 | 0.96 | -34.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,088 | 1,280 | 17.6% |
| P/S Multiple | 0.1 | 0.1 | -43.6% |
| Shares Outstanding (Mil) | 94 | 96 | -1.9% |
| Cumulative Contribution | -34.9% |
Market Drivers
10/31/2025 to 5/12/2026| Return | Correlation | |
|---|---|---|
| TEAD | -34.9% | |
| Market (SPY) | 8.8% | 36.0% |
| Sector (XLC) | 1.6% | 30.6% |
Fundamental Drivers
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Market Drivers
4/30/2025 to 5/12/2026| Return | Correlation | |
|---|---|---|
| TEAD | ||
| Market (SPY) | 34.6% | 37.5% |
| Sector (XLC) | 22.9% | 34.1% |
Fundamental Drivers
nullnull
Market Drivers
4/30/2023 to 5/12/2026| Return | Correlation | |
|---|---|---|
| TEAD | ||
| Market (SPY) | 84.4% | 37.5% |
| Sector (XLC) | 99.9% | 34.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TEAD Return | - | - | - | - | -74% | 43% | -62% |
| Peers Return | -22% | -53% | 37% | 75% | -35% | -15% | -52% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| TEAD Win Rate | - | - | - | - | 14% | 60% | |
| Peers Win Rate | 38% | 31% | 60% | 56% | 46% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| TEAD Max Drawdown | - | - | - | - | -78% | -17% | |
| Peers Max Drawdown | -47% | -63% | -16% | -11% | -55% | -33% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TTD, MGNI, PUBM, DSP.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/12/2026 (YTD)
How Low Can It Go
TEAD has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.
| Event | XLC | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -17.7% | -18.8% |
| % Gain to Breakeven | 21.5% | 23.1% |
| Time to Breakeven | 63 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -38.7% | -24.5% |
| % Gain to Breakeven | 63.1% | 32.4% |
| Time to Breakeven | 470 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -30.1% | -33.7% |
| % Gain to Breakeven | 43.2% | 50.9% |
| Time to Breakeven | 112 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -20.2% | -19.2% |
| % Gain to Breakeven | 25.3% | 23.7% |
| Time to Breakeven | 109 days | 105 days |
In The Past
State Street Communication Services Select Sector SPDR ETF's stock fell -17.7% during the 2025 US Tariff Shock. Such a loss loss requires a 21.5% gain to breakeven.
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Asset Allocation
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TEAD has limited trading history. Below is the Communication Services sector ETF (XLC) in its place.
| Event | XLC | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -38.7% | -24.5% |
| % Gain to Breakeven | 63.1% | 32.4% |
| Time to Breakeven | 470 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -30.1% | -33.7% |
| % Gain to Breakeven | 43.2% | 50.9% |
| Time to Breakeven | 112 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -20.2% | -19.2% |
| % Gain to Breakeven | 25.3% | 23.7% |
| Time to Breakeven | 109 days | 105 days |
In The Past
State Street Communication Services Select Sector SPDR ETF's stock fell -17.7% during the 2025 US Tariff Shock. Such a loss loss requires a 21.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Teads (TEAD)
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The company described in the background operates an online content recommendation platform, serving two primary categories of business customers:- Media Partners (Publishers): These are companies that own and operate websites, news publications, blogs, and other digital content properties. They utilize Outbrain's "Outbrain Engage" product suite to provide personalized content feeds, maximize user engagement, and monetize their content through data-driven advertising. Examples include major news outlets, online magazines, and lifestyle websites.
- Advertisers: These are businesses, brands, and marketing agencies that use Outbrain's "Outbrain Amplify" product suite to promote their content, products, or services. They leverage Outbrain's open web platform to connect with target audiences on premium digital properties across its network. Advertisers come from various industries and range from small businesses to large corporations.
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David Kostman, Chief Executive Officer
David Kostman has been the Chief Executive Officer of Teads since February 2025, following the company's acquisition by Outbrain, where he previously served as Co-CEO from October 2017 through March 2024. His prior experience includes being the Managing Director, Head of the Global Internet Group in the investment banking division of Lehman Brothers, and starting his career at NM Rothschild & Sons. He also held roles as Chief Operating Officer and Chief Executive Officer of Delta Galil USA, a subsidiary of publicly traded Delta Galil Industries Ltd., and as President of the International Division and Chief Operating Officer of publicly traded VerticalNet Inc. Kostman currently serves as Chairman of the Board of NICE Ltd (Nasdaq: NICE) and as a board member of Unity Software Inc. (Nasdaq: U) and TIVIT SA.
Jason Kiviat, Chief Financial Officer
Jason Kiviat assumed the role of Chief Financial Officer at Teads in February 2025. Before this, he was the CFO at Outbrain from December 2013 to March 2025, where he notably led the company's IPO process between November 2020 and July 2021. His tenure at Outbrain also included various managerial positions within the finance team, covering controllership, FP&A, IR, and special projects. Kiviat began his career in accounting at KPMG US.
Mollie Spilman, Chief Commercial Officer
Mollie Spilman serves as the Chief Commercial Officer at Teads, responsible for the company's global commercial strategy and execution. She brings extensive experience from the digital media and technology sectors, having previously been the Chief Revenue Officer at Oracle Advertising. Prior to that, Spilman held dual roles as CRO and COO at Criteo, where she was instrumental in growing the company's revenue from $600 million to over $2 billion and guiding its strategic expansion into retail media.
Asaf Porat, Chief Operating Officer
Asaf Porat holds the position of Chief Operating Officer at Teads.
Dani Cushion, Chief Marketing Officer
Dani Cushion joined Teads as Chief Marketing Officer, effective January 6, 2026. In this role, she leads Teads' global marketing, brand, communications, and go-to-market strategy. Cushion's previous experience includes serving as CMO at Innovid, ExecOnline, and Cardlytics, along with senior marketing roles at Millennial Media and other media organizations.
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Deprecation of Third-Party Cookies and Stricter Data Privacy Regulations
Outbrain's business model for delivering personalized content recommendations and targeted advertising across its network heavily relies on collecting and leveraging user data. The ongoing deprecation of third-party cookies by major web browsers (e.g., Google Chrome's planned phase-out) and the continuous tightening of global data privacy regulations (e.g., GDPR, CCPA, and similar emerging laws) pose a significant threat. These changes can severely limit Outbrain's ability to gather the necessary data for effective targeting and personalization, potentially degrading the performance of its advertising solutions (Outbrain Amplify) and the relevance of its content recommendations (Outbrain Engage). This could reduce value for both advertisers and media partners.
Emergence of Advanced AI and Generative Search
The rapid advancement of generative artificial intelligence and its increasing integration into search engines (e.g., Google's Search Generative Experience, ChatGPT, Perplexity AI) represents a clear emerging threat. These AI models are designed to provide direct, synthesized answers to user queries, potentially reducing the need for users to click through to individual articles on the open web. If users increasingly obtain information and discover content directly from AI interfaces, it could lead to a significant reduction in traffic to publisher websites (Outbrain's media partners). Consequently, this would diminish the inventory available for Outbrain's content recommendation and native advertising placements, fundamentally altering how users consume content and discover new information.
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Teads Holding Co. (NASDAQ: TEAD), formerly Outbrain Inc., operates an omnichannel outcomes platform for the open internet, offering a range of advertising solutions for marketers and technology solutions for media owners. The company's primary products and services address the significant and growing markets of digital advertising, native advertising, and Connected TV (CTV) advertising. The addressable markets for Teads' main products and services are as follows:- Global Digital Advertising Market: The global digital advertising market was valued at approximately USD 573.06 billion in 2025 and is projected to grow to USD 2,114.41 billion by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 15.61%. Another estimate places the global digital advertising and marketing market at US$595.0 billion in 2024, with a projection to reach US$1.1 trillion by 2030, growing at a CAGR of 11.0%.
- Global Native Advertising Market: The global native advertising market was valued at USD 104.63 billion in 2024 and is projected to grow between USD 121.58 billion in 2025 to USD 404.11 billion by 2033, demonstrating a CAGR of 16.2%. Other reports estimate the global native advertising market size at USD 105.88 billion in 2024, with a projection to reach USD 346.88 billion by 2033 at a CAGR of 13.9% from 2025. North America held the largest revenue share in the global native advertising market in 2024, accounting for 31.0%.
- Connected TV (CTV) Advertising Market: The global Connected TV (CTV) advertising spend is forecast to reach $37.95 billion in 2026. In the U.S. specifically, the connected TV advertising market is projected to reach $33.35 billion in 2025. eMarketer forecasts that CTV ad spending will surpass traditional TV ad spending in 2028, reaching approximately $46.89 billion.
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Capital Allocation Decisions for Teads Holding Co. (TEAD)
Share Repurchases
- Outbrain Inc., prior to its renaming as Teads Holding Co., approved a share repurchase program in December 2022, authorizing the repurchase of up to $30 million of common stock.
- Treasury stock repurchases and share withholdings on vested awards amounted to $(646) million for the full year 2025.
Share Issuance
- As part of the acquisition of Teads, Outbrain Inc. issued 43.75 million shares of common stock to Altice, the seller of Teads, valued at approximately $263 million.
Inbound Investments
- In February 2025, Outbrain Inc. completed a private offering of $637.5 million in 10.000% senior secured notes due 2030, primarily to finance the cash portion of the Teads acquisition.
Outbound Investments
- Outbrain Inc. completed the acquisition of Teads in February 2025 for a total transaction value of approximately $900 million.
- The acquisition consideration included $625 million in cash.
Capital Expenditures
- Teads Holding Co. invested approximately $789K in capital expenditures in Q3 2025.
- For the last 12 months, capital expenditures were approximately -$5.61 million.
Trade Ideas
Select ideas related to TEAD.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04242026 | CMCSA | Comcast | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -1.9% | -1.9% | -2.9% |
| 04022026 | TTD | Trade Desk | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.0% | 7.0% | -8.9% |
| 03272026 | META | Meta Platforms | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 16.4% | 16.4% | 0.0% |
| 03062026 | CARG | CarGurus | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 8.3% | 8.3% | -8.3% |
| 02132026 | YELP | Yelp | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 31.6% | 31.6% | -5.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 10.80 |
| Mkt Cap | 0.5 |
| Rev LTM | 723 |
| Op Inc LTM | 13 |
| FCF LTM | 41 |
| FCF 3Y Avg | 46 |
| CFO LTM | 83 |
| CFO 3Y Avg | 80 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.5% |
| Rev Chg 3Y Avg | 10.9% |
| Rev Chg Q | 5.5% |
| QoQ Delta Rev Chg LTM | 1.2% |
| Op Inc Chg LTM | 46.1% |
| Op Inc Chg 3Y Avg | 82.4% |
| Op Mgn LTM | 3.6% |
| Op Mgn 3Y Avg | -0.2% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 16.6% |
| CFO/Rev 3Y Avg | 28.4% |
| FCF/Rev LTM | 11.5% |
| FCF/Rev 3Y Avg | 16.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.5 |
| P/S | 1.6 |
| P/Op Inc | 14.8 |
| P/EBIT | 14.8 |
| P/E | 12.5 |
| P/CFO | 5.6 |
| Total Yield | 4.3% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 8.5% |
| D/E | 0.1 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 15.4% |
| 3M Rtn | 15.5% |
| 6M Rtn | -6.5% |
| 12M Rtn | -27.6% |
| 3Y Rtn | -35.9% |
| 1M Excs Rtn | 5.6% |
| 3M Excs Rtn | 8.8% |
| 6M Excs Rtn | 15.6% |
| 12M Excs Rtn | -54.8% |
| 3Y Excs Rtn | -98.4% |
Price Behavior
| Market Price | $0.96 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 07/23/2021 | |
| Distance from 52W High | -69.0% | |
| 50 Days | 200 Days | |
| DMA Price | $1.81 | $1.81 |
| DMA Trend | down | up |
| Distance from DMA | -46.8% | -46.8% |
| 3M | 1YR | |
| Volatility | 114.7% | 115.9% |
| Downside Capture | 308.79 | 474.46 |
| Upside Capture | 350.10 | 213.66 |
| Correlation (SPY) | 28.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.01 | 1.24 | 1.59 | 3.27 | -0.92 | -0.38 |
| Up Beta | 0.60 | 0.43 | 1.01 | 3.69 | -0.15 | -0.20 |
| Down Beta | 2.11 | 1.66 | 2.51 | 3.50 | -0.44 | 0.97 |
| Up Capture | 213% | 115% | 208% | 287% | 178% | 17% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 13 | 22 | 34 | 57 | 97 | 97 |
| Down Capture | 506% | 186% | 129% | 254% | 202% | 103% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 8 | 20 | 29 | 67 | 122 | 122 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TEAD | |
|---|---|---|---|---|
| TEAD | -61.0% | 115.9% | -0.31 | - |
| Sector ETF (XLC) | 20.8% | 13.3% | 1.17 | 33.7% |
| Equity (SPY) | 32.5% | 12.4% | 1.98 | 37.2% |
| Gold (GLD) | 41.3% | 26.9% | 1.26 | 7.6% |
| Commodities (DBC) | 50.3% | 18.5% | 2.06 | -1.1% |
| Real Estate (VNQ) | 12.8% | 13.5% | 0.65 | 21.7% |
| Bitcoin (BTCUSD) | -21.0% | 41.7% | -0.46 | 22.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TEAD | |
|---|---|---|---|---|
| TEAD | -17.1% | 115.9% | -0.31 | - |
| Sector ETF (XLC) | 9.7% | 20.7% | 0.38 | 33.7% |
| Equity (SPY) | 13.7% | 17.1% | 0.63 | 37.2% |
| Gold (GLD) | 21.0% | 17.9% | 0.95 | 7.6% |
| Commodities (DBC) | 11.4% | 19.4% | 0.47 | -1.1% |
| Real Estate (VNQ) | 3.9% | 18.8% | 0.11 | 21.7% |
| Bitcoin (BTCUSD) | 7.2% | 55.9% | 0.34 | 22.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TEAD | |
|---|---|---|---|---|
| TEAD | -9.0% | 115.9% | -0.31 | - |
| Sector ETF (XLC) | 9.6% | 22.3% | 0.50 | 33.7% |
| Equity (SPY) | 15.5% | 17.9% | 0.74 | 37.2% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | 7.6% |
| Commodities (DBC) | 8.4% | 17.9% | 0.39 | -1.1% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 21.7% |
| Bitcoin (BTCUSD) | 68.2% | 66.8% | 1.07 | 22.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/16/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/08/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 03/15/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q1 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Ex-TAC gross profit | 121.00 Mil | 126.00 Mil | 131.00 Mil | ||||
| Q2 2026 Adjusted EBITDA | 14.00 Mil | 18.00 Mil | 22.00 Mil | ||||
| 2026 Adjusted EBITDA | 100.00 Mil | 0 | Affirmed | Guidance: 100.00 Mil for 2026 | |||
Prior: Q4 2025 Earnings Reported 3/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Ex-TAC gross profit | 102.00 Mil | 104.00 Mil | 106.00 Mil | -29.2% | Lowered | Guidance: 147.00 Mil for Q4 2025 | |
| Q1 2026 Adjusted EBITDA | 0 | 1.50 Mil | 3.00 Mil | -95.2% | Lowered | Guidance: 31.00 Mil for Q4 2025 | |
| 2026 Adjusted EBITDA | 100.00 Mil | ||||||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Krindel, Yaffa | Direct | Buy | 12152025 | 0.70 | 1,892 | 1,324 | 77,719 | Form | |
| 2 | Krindel, Yaffa | Direct | Buy | 12152025 | 0.74 | 8,108 | 6,000 | 80,760 | Form | |
| 3 | Krindel, Yaffa | Direct | Buy | 9152025 | 1.61 | 1,250 | 2,013 | 162,653 | Form | |
| 4 | Krindel, Yaffa | Direct | Buy | 8262025 | 1.87 | 2,500 | 4,675 | 186,583 | Form | |
| 5 | Krindel, Yaffa | Direct | Buy | 8262025 | 1.88 | 2,500 | 4,700 | 182,881 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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