Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
IAC-InterActiveCorp Market Cap
From what 13 stock analysts predict, the share price for IAC-InterActiveCorp (IAC) might increase by 44.4% in the next year. This is based on a 12-month average estimation for IAC. Price targets go from $55 to $105. The majority of stock analysts believe IAC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
IAC-InterActiveCorp has a total of 13 Wall St Analyst ratings. There are 11 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that IAC-InterActiveCorp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of IAC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Justin Patterson Keybanc | Overweight | $60 | Maintains | Nov 20, 2024 |
| Tim Nollen Macquarie | Outperform | $14 | Maintains | Nov 14, 2024 |
| John Blackledge TD Cowen | Buy | $77 | Maintains | Nov 13, 2024 |
| Daniel Kurnos Benchmark | Buy | $105 | Maintains | Nov 13, 2024 |
| Ross Sandler Barclays | Overweight | $66 | Maintains | Nov 13, 2024 |
| Youssef Squali Truist Securities | Buy | $80 | Maintains | Nov 13, 2024 |
| Daniel Kurnos Benchmark | Buy | $110 | Reiterates | Nov 12, 2024 |
| Daniel Kurnos Benchmark | Buy | $110 | Reiterates | Aug 27, 2024 |
| Justin Patterson Keybanc | Overweight | $66 | Maintains | Aug 16, 2024 |
| Ygal Arounian Citigroup | Buy | $66 | Maintains | Aug 8, 2024 |
| Ross Sandler Barclays | Overweight | $70 | Maintains | Aug 8, 2024 |
| Daniel Kurnos Benchmark | Buy | $110 | Reiterates | Aug 8, 2024 |
| Youssef Squali Truist Securities | Buy | $88 | Maintains | Aug 8, 2024 |
| Nicholas Jones JMP Securities | Market Outperform | $78 | Initiates | Jul 9, 2024 |
| Brian Fitzgerald Wells Fargo | Overweight | $84 | Maintains | May 14, 2024 |
| Justin Patterson Keybanc | Overweight | $67 | Maintains | May 13, 2024 |
| Youssef Squali Truist Securities | Buy | $87 | Maintains | May 10, 2024 |
| Jason Helfstein Oppenheimer | Outperform | $75 | Maintains | May 9, 2024 |
| Ross Sandler Barclays | Overweight | $73 | Maintains | May 9, 2024 |
| Ygal Arounian Citigroup | Buy | $70 | Maintains | May 9, 2024 |
When did it IPO
1993
Staff Count
9,500
Country
United States
Sector/Industry
Communication Services/Internet Content & Information
CEO
Mr. Joseph M. Levin
Market Cap
$4.15B
In 2023, IAC generated $4.37B in revenue, which was a decrease of -16.62% from the previous year. This can be seen as a signal that IAC's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 11 Nov 2024
Sentiment - POSITIVE
Source - CNBC
Summary - IAC is considering spinning off its 85% stake in Angi, with no specific timeline, but a potential transaction could occur by the end of the second quarter of 2024.
Why It Matters - A spinoff can unlock shareholder value, potentially leading to a more focused business strategy for IAC and Angi, impacting stock prices and investment decisions.
Mon, 11 Nov 2024
Sentiment - NEUTRAL
Source - Benzinga
Summary - IAC reported in Q3 earnings that it may spin off its stake in Angi Inc. (ANGI), indicating potential changes in its investment strategy.
Why It Matters - IAC's potential spin-off of Angi Inc. could unlock shareholder value, streamline operations, and focus on core businesses, impacting stock performance and investor sentiment.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - IAC Inc. held its Q3 2024 earnings call on November 12, 2024, featuring executives including CEO Joey Levin and CFO Christopher Halpin, with analysts from major financial firms participating.
Why It Matters - The earnings call provides insights into IAC Inc.'s financial performance and strategic direction, influencing investor sentiment and stock valuation.
Mon, 11 Nov 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - IAC CEO Joey Levin discussed earnings and potential spin-off of ANGI, along with M&A opportunities and AI developments, on 'Closing Bell: Overtime.'
Why It Matters - IAC's potential spin-off of ANGI and focus on M&A and AI could unlock value, signal strategic shifts, and impact stock performance, influencing investor sentiment and market positioning.
Tue, 12 Nov 2024
Sentiment - POSITIVE
Source - Reuters
Summary - IAC is considering a spin-off of its majority stake in Angi after surpassing Q3 revenue expectations, driven by strong ad demand for its Dotdash Meredith business.
Why It Matters - IAC's potential spin-off of Angi signals a strategic shift, potentially unlocking value and focusing resources, which could impact stock performance and investor sentiment.
Mon, 11 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - IAC reported a quarterly loss of $2.93 per share, significantly worse than the expected loss of $0.20, and compared to a loss of $0.30 per share a year earlier.
Why It Matters - IAC's larger-than-expected quarterly loss signals worsening financial health, potentially impacting stock prices and investor sentiment negatively.
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