Teads (NASDAQ:TEAD) Posts Earnings Results

Teads (NASDAQ:TEAD) issued its quarterly earnings results on Thursday. The company reported ($0.48) earnings per share for the quarter, FiscalAI reports. Teads had a negative return on equity of 49.37% and a negative net margin of 43.32%. The business had revenue of $235.07 million for the quarter.

Here are the key takeaways from Teads’ conference call:

• Teads reported Q3 revenue of approximately $235 million, down 26% year over year, and Ex-TAC gross profit of $93.5 million, down 28%. Adjusted EBITDA was a loss of $8.1 million.
• Open-internet pressures weighed heavily on results, especially in direct response and SME, where Ex-TAC gross profit fell 50%. Management cited publisher page-view declines of 20% to 60%, driven largely by AI search summaries and algorithm changes.
• Connected TV remained a growth area, with revenue up 37% and representing about 20% of enterprise business. Teads said its HomeScreen footprint now exceeds 500 million devices and that CTV momentum is helping it sell broader omnichannel campaigns.
• Management saw some revenue improvement in October, citing operational progress and seasonality, but said industry headwinds continue. It plans further cost reviews; liquidity was about $140 million at quarter-end, including a new accounts-receivable facility.

Teads Trading Down 36.6%

Shares of TEAD traded down $0.10 during trading hours on Thursday, hitting $0.17. The stock had a trading volume of 1,065,213 shares, compared to its average volume of 940,874. Teads has a 12-month low of $0.16 and a 12-month high of $1.42. The firm has a market cap of $17.11 million, a P/E ratio of -0.03 and a beta of 1.62. The company has a debt-to-equity ratio of 82.60, a quick ratio of 0.98 and a current ratio of 0.98. The company’s fifty day simple moving average is $0.45 and its 200 day simple moving average is $0.74.

Institutional Investors Weigh In On Teads

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP lifted its stake in shares of Teads by 20.0% in the 2nd quarter. Susquehanna International Group LLP now owns 1,008,138 shares of the company’s stock valued at $773,000 after purchasing an additional 168,159 shares in the last quarter. Empowered Funds LLC acquired a new stake in Teads during the 2nd quarter worth approximately $245,000. Bank of America Corp DE acquired a new stake in Teads during the 2nd quarter worth approximately $287,000. Hsbc Holdings PLC purchased a new position in Teads in the second quarter valued at approximately $37,000. Finally, Whitefort Capital Management LP purchased a new position in Teads in the second quarter valued at approximately $3,534,767. 60.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on TEAD. Wall Street Zen downgraded Teads from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. Weiss Ratings lowered Teads from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, August 13th. Finally, Needham & Company LLC lowered their price target on Teads from $1.00 to $0.40 and set a “buy” rating for the company in a report on Thursday. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $0.40.

Teads News Summary

Here are the key news stories impacting Teads this week:

• Positive Sentiment: Teads said third-quarter CTV revenue grew 37% year over year, which management described as outperforming the broader market. The company sees CTV as a structural growth opportunity. Teads outlines CTV as a structural tailwind
• Neutral Sentiment: Needham cut its price target to $0.40 from $1.00 but kept a Buy rating. The lower target reflects a more cautious outlook, while the retained rating signals the analyst still sees potential upside. Needham analyst rating
• Neutral Sentiment: Michael Coyle was named CFO, effective November 11, succeeding Jason Kiviat, who is leaving the role after 13 years. Teads names Michael Coyle CFO
• Negative Sentiment: Third-quarter results showed steep deterioration: revenue fell 26% year over year to $235.1 million, net loss widened to $325.5 million from $19.7 million, and adjusted EBITDA swung to an $8.1 million loss from $19.2 million in profit. The company also reported a $0.48 loss per share. Teads third-quarter 2026 results
• Negative Sentiment: A report said Teads withdrew its guidance as its debt crisis deepened, adding to concerns about its financial outlook. Report on Teads debt crisis and withdrawn guidance
• Negative Sentiment: Teads’ CTV growth is countered by reported declines of 20%–60% in open-web page views, a potential headwind for its broader advertising business. Report on CTV and open-web page views

Teads Company Profile

Teads is a global advertising technology company that operates an omnichannel digital advertising platform. The company connects advertisers and agencies with publishers and audiences across digital media, helping brands plan, buy, deliver and measure advertising campaigns through a combination of technology, data and creative services.

Its offerings include video, display, native, connected television and other digital advertising formats. Teads provides tools for campaign management, audience targeting, automated media buying, creative development and performance measurement.