Paltalk, Inc. (PALT)

NASDAQ: PALT · IEX Real-Time Price · USD
1.55
+0.13 (9.15%)
At close: Sep 26, 2022 4:00 PM
1.45
-0.10 (-6.45%)
Pre-market: Sep 27, 2022 7:00 AM EDT
9.15%
Market Cap 15.07M
Revenue (ttm) 12.06M
Net Income (ttm) -2.28M
Shares Out 9.72M
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 76,397
Open 1.49
Previous Close 1.42
Day's Range 1.45 - 1.61
52-Week Range 1.42 - 15.20
Beta -0.36
Analysts Sell
Price Target 4.08 (+163.2%)
Earnings Date Nov 7, 2022

About PALT

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, we... [Read more...]

Industry Software-Application
Founded 1998
Employees 21
Stock Exchange NASDAQ
Ticker Symbol PALT
Full Company Profile

Financial Performance

In 2021, Paltalk's revenue was $13.27 million, an increase of 3.44% compared to the previous year's $12.83 million. Earnings were $1.32 million, a decrease of -3.44%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for PALT stock is "Sell." The 12-month stock price forecast is 4.08, which is an increase of 163.23% from the latest price.

Price Target
$4.08
(163.23% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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 month ago - Benzinga

Paltalk, Inc. Reports Second Quarter 2022 Financial Results

Refining Strategy to Improve Performance and Optimize ManyCam Integration

1 month 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 mu...

2 months 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

2 months ago - GlobeNewsWire

Paltalk, Inc. Announces Upgrade Release of ManyCam Version 8.0

Vast Improvements Over Prior Versions

3 months ago - GlobeNewsWire

Paltalk Stock Soars 25% on Visicom Asset Acquisition News

This morning, Paltalk announced acquiring live streaming software, ManyCam from Visicom Media. PALT stock is up 7% on the news.

3 months ago - InvestorPlace

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. Ma...

3 months 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 Finte...

Other symbols: DGXDOCUSFIXTIGR
3 months 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 mu...

3 months 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

4 months 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 m...

4 months ago - GlobeNewsWire

Paltalk Launches Mobile Backgammon Game

Interactive with Real-Time Voice and Video

5 months ago - GlobeNewsWire

Paltalk to Participate in the 2022 Virtual Growth Conference Presented by Maxim Group LLC and hosted by M-Vest on Mar...

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 powers...

6 months 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

6 months ago - GlobeNewsWire

Paltalk to Host Fourth Quarter and Full Year 2021 Earnings Results Conference Call on Thursday, March 24, 2022 at 9:0...

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 that...

6 months ago - GlobeNewsWire

Paltalk Selects yellowHEAD to Lead Its Increased Marketing Efforts for Its Camfrog Application

Will Focus on ASO and SEO to Increase Usage and Revenue

7 months ago - GlobeNewsWire

Paltalk Partners with NoGood to Accelerate User Acquisition for its Paltalk Application

Targeting New Users to Lead to Increase in Subscribers and Revenue

7 months ago - GlobeNewsWire

Paltalk to Present at Aegis Capital Virtual Conference

Scheduled for Friday, February 25, 2022

7 months ago - GlobeNewsWire

DWAC and 5 Social Media Stocks to Watch Ahead of Truth Social's Launch

Alternate social media stocks are gaining traction ahead of the Truth Social launch. Here are a few ways you can play this trend.

Other symbols: DATSDWACKIND
8 months ago - InvestorPlace

Paltalk Rolls Out New Content Moderation Software for Increased User Experience

Jericho, NY, Jan. 12, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (NASDAQ: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers m...

8 months ago - GlobeNewsWire

Paltalk to Present at the Sidoti & Company Virtual Microcap Conference on December 9, 2021

Jericho, NY, Nov. 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers m...

9 months ago - GlobeNewsWire

Paltalk Launches Paltalk Feed Message Board Functionality Aimed at Increasing User Engagement

Jericho, NY, Nov. 16, 2021 (GLOBE NEWSWIRE) -- via  NewMediaWire --  Paltalk, Inc. (Nasdaq:  PALT ) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powe...

10 months ago - GlobeNewsWire

Paltalk, Inc. Reports Third Quarter 2021 Financial Results

6th Consecutive Quarter of Greater Than $3.3 Million Revenue and Positive Adjusted EBITDA Driven by Recurring Subscription Revenue

10 months ago - GlobeNewsWire

Paltalk Successfully Upgrades Rewards Program as User Engagement Continues to Grow

Jericho, NY, Oct. 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Paltalk, Inc. (Nasdaq: PALT) (“Paltalk,” the “Company,” “we,” “our” or “us”), a leading communications software innovator that powers m...

11 months ago - GlobeNewsWire

Short Squeeze Stocks: PTGX, AGC and 3 Others Experts Think Are Ready to Pop

Here are five short squeeze stocks many investors are putting on their radar right now as a result of higher short interest and borrow fees. The post Short Squeeze Stocks: PTGX, AGC and 3 Others Experts...

Other symbols: DBGIPTGX
11 months ago - InvestorPlace