
Yalla delivered Q2 2026 revenue and earnings ahead of consensus, with Q3 guidance aligning to raised baseline expectations. Gaming services are the primary growth engine, offsetting legacy audio segment declines; MAU grew 12.3% y/y to 47.6 mn, supporting long-term bullishness. YALA trades at net cash value, with a compelling 9.2% buyback yield and 6x forward multiple, suggesting limited downside and 40–80% upside to $7.50–$9.60/share.










