Paltalk, Inc. (PALT)

NASDAQ: PALT · IEX Real-Time Price · USD
1.99
+0.04 (2.05%)
At close: Sep 22, 2023, 4:00 PM
1.96
-0.03 (-1.51%)
After-hours: Sep 22, 2023, 6:25 PM EDT
2.05%
Market Cap 18.35M
Revenue (ttm) 10.94M
Net Income (ttm) -2.15M
Shares Out 9.22M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE 195.10
Dividend n/a
Ex-Dividend Date n/a
Volume 52,917
Open 1.98
Previous Close 1.95
Day's Range 1.95 - 2.15
52-Week Range 1.28 - 4.60
Beta 0.58
Analysts Strong Buy
Price Target 5.00 (+151.26%)
Earnings Date Nov 6, 2023

About PALT

Paltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. It offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and owns and operates Vumber, a telecommunications services provider 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 land line telephone number. The company provides ManyCam, a live streaming software and virtual camera that allows us... [Read more]

Sector Technology
Founded 1998
Employees 19
Stock Exchange NASDAQ
Ticker Symbol PALT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for PALT stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(151.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Paltalk, Inc. Reports 12% Revenue Growth to $3.0 Million in Second Quarter 2023

Reports Significant Improvements in Net Income and Adjusted EBITDA

6 weeks ago - GlobeNewsWire

Paltalk to Host Second Quarter 2023 Earnings Results Conference Call on Tuesday, August 8, 2023 at 4:30 p.m. ET

JERICHO, NY, Aug. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a communications software innovator that powers multimed...

7 weeks ago - GlobeNewsWire

Paltalk, Inc. Reports First Quarter 2023 Financial Results

$13.9 Million in Cash and Cash Equivalents at March 31, 2023 JERICHO, NY , May 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –  Paltalk, Inc. (“Paltalk , ” the “ Company,” “we,” “our” or “us”) ( Nasda...

4 months ago - GlobeNewsWire

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

JERICHO, NY, May 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimedi...

5 months ago - GlobeNewsWire

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

JERICHO, NY, May 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers m...

5 months ago - GlobeNewsWire

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

Continued Sequential Quarterly Improvement in Net Loss and Reduced Operating Expenses

6 months ago - GlobeNewsWire

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

JERICHO, NY, March 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powe...

6 months ago - GlobeNewsWire

Paltalk to be Featured on Inaugural ClearThink IR Virtual Live Event on Wednesday, January 11, 2023 at 12 Noon ET

JERICHO, NY, Jan. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a communications software innovator that powers multimed...

9 months ago - GlobeNewsWire

Paltalk Adds Game Lobbies for Its Backgammon and Chess Games

Expected to Lead to Increased Usage and Engagement

9 months ago - GlobeNewsWire

Paltalk, Inc. Reports Third Quarter 2022 Financial Results

Sequential Quarterly Reduction in Operating Expenses   Cash Balance of $15.5 Million at Quarter End

11 months ago - GlobeNewsWire

Paltalk to Host Third Quarter 2022 Earnings Results Conference Call on Monday, November 7, 2022 at 4:30 p.m. ET

JERICHO, NY , Oct. 26, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers...

11 months ago - GlobeNewsWire

Paltalk And 3 Other Stocks Under $3 Insiders Are Aggressively Buying

The Dow Jones tumbled by over 500 points on Friday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: AGLEASTCOPFI
1 year ago - Benzinga

Paltalk, Inc. Reports Second Quarter 2022 Financial Results

Refining Strategy to Improve Performance and Optimize ManyCam Integration

1 year ago - GlobeNewsWire

Paltalk to Host Second Quarter 2022 Earnings Results Conference Call on Monday, August 8, 2022 at 4:30 p.m. ET

JERICHO, NY, July 27, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers ...

1 year ago - GlobeNewsWire

Paltalk Engages Roth Capital Partners to Assist With Its Strategic Initiative of Mergers and Acquisitions

To Focus on Buy-Side Opportunities to Accelerate Growth and Profitability

1 year ago - GlobeNewsWire

Paltalk, Inc. Announces Upgrade Release of ManyCam Version 8.0

Vast Improvements Over Prior Versions

1 year ago - GlobeNewsWire

Here's Why Paltalk Shares Are Trading Higher Premarket

Communications software innovator Paltalk, Inc (NASDAQ: PALT) acquired the core assets of ManyCam from Visicom Media Inc for $2.7 million cash plus a potential earn-out payment of up to $0.6 million. ...

1 year ago - Benzinga

5 Stocks To Watch For June 11, 2022

Some of the stocks that may grab investor focus today are: UP Fintech Holding Limited (NASDAQ: TIGR) is projected to report earnings results for the first quarter before the opening bell today. UP Fin...

Other symbols: DGXDOCUSFIXTIGR
1 year ago - Benzinga

Paltalk, Inc. Announces Acquisition of Visicom's ManyCam Assets

JERICHO, NY, June 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Paltalk, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a leading communications software innovator that powers ...

1 year ago - GlobeNewsWire

Paltalk, Inc. Reports First Quarter Financial Results

Commenced Plan to Increase Marketing Spend and Product Development to Target Subscribers and Advertising Growth    Cash Balance of $20.4 Million at Quarter End

1 year ago - GlobeNewsWire

Paltalk to Host First Quarter 2022 Earnings Results Conference Call on Tuesday, May 10, 2022 at 4:30pm ET

Jericho, NY, May 05, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire -- Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers...

1 year ago - GlobeNewsWire

Paltalk Launches Mobile Backgammon Game

Interactive with Real-Time Voice and Video

1 year ago - GlobeNewsWire

Paltalk to Participate in the 2022 Virtual Growth Conference Presented by Maxim Group LLC and hosted by M-Vest on March 28th - 30th from 9:00 a.m. - 5:00 p.m.

JERICHO, NY, March 25, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc., (“Paltalk,” the “Company,” “we,” “our” or “us”) (Nasdaq: PALT), a leading communications software innovator that powe...

1 year ago - GlobeNewsWire

Paltalk, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

Annual Revenue Growth of 3% Led to Full Year Net Income of $1.3 Million  Cash Balance of $21.6 Million, Board of Directors Approves a Stock Repurchase Plan

1 year ago - GlobeNewsWire

Paltalk to Host Fourth Quarter and Full Year 2021 Earnings Results Conference Call on Thursday, March 24, 2022 at 9:00am ET

JERICHO, NY , March 22, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (Nasdaq: PALT[HMC1]) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator th...

1 year ago - GlobeNewsWire