IAC Inc. (IAC)
| Market Cap | 3.65B |
| Revenue (ttm) | 3.88B |
| Net Income (ttm) | -22.39M |
| Shares Out | 86.27M |
| EPS (ttm) | -0.27 |
| PE Ratio | n/a |
| Forward PE | 24.50 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,669,423 |
| Open | 41.36 |
| Previous Close | 41.75 |
| Day's Range | 41.36 - 42.97 |
| 52-Week Range | 41.08 - 58.29 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 68.69 (+62.47%) |
| Earnings Date | Feb 11, 2025 |
About IAC
IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the An... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for IAC stock is "Buy." The 12-month stock price forecast is $68.69, which is an increase of 62.47% from the latest price.
News
Tax Loss Selling, Three (More) Oversold Stocks
UnitedHealth Group shares have dropped over 20% due to public backlash and political rhetoric; current valuation suggests 17-30% upside potential. IAC remains undervalued in a SOTP framework, with MGM...
IAC: Ad Market Improvements To Be Offset By FCC, And Angi Spin-Off Confusions
IAC saw an improving ad market despite the issues of being an advertiser in a distracting election cycle. The sum of the parts analysis could be more emphasized by a lower tax burden, depending on ele...
IAC Inc. (IAC) Q3 2024 Earnings Call Transcript
IAC Inc. (NASDAQ:IAC) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO Jeff Kipp - CEO and Director, Angi Inc. C...
IAC weighs home services unit Angi's spin-off as Dotdash Meredith drives revenue
IAC said it was exploring a spin-off of its majority stake in home services unit Angi after the internet holding company beat third-quarter revenue expectations on Monday thanks to steady ad demand fo...
IAC Considers A Spin-Off Of Angi After Q3 Report
IAC IAC announced in its third-quarter earnings report that it is considering a strategic move to spin off its ownership stake in Angi Inc. ANGI.
Angi, the home improvement site, could become a standalone company, IAC says
Angi, the home improvement site once known as Angie's List, could soon be on the market as parent IAC Inc. seeks to simplify itself and free up capital.
IAC CEO on M&A opportunities, spinoff from ANGI and AI
Joey Levin, IAC CEO, joins 'Closing Bell: Overtime' to discuss IAC earnings, considering a spin-off of its ownership stake in ANGI, M&A opportunities and AI.
IAC Earnings Release and Letter to Shareholders Available on Company's Website
NEW YORK , Nov. 11, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its third quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.co...
IAC exploring spinoff of home improvement marketplace Angi
IAC is weighing a spinoff of its 85% stake in home improvement services platform Angi. The company said there's no specific timeline for when the Angi spinoff will take place, but a transaction would ...
IAC to Participate in Truist Securities Internet Growth Summit
NEW YORK , Nov. 6, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in Truist Securities Internet Growth Summit on Thursday, November 14, 2024. Chris Halpin, Executive Vice President, CFO and C...
Vivian Health and RightSourcing Partner to Deliver Innovative Contingent Staffing Solution for the Healthcare Industry
SAN FRANCISCO , Oct. 30, 2024 /PRNewswire/ -- Vivian Health , an IAC (NASDAQ: IAC) company and the leading job marketplace for healthcare professionals, and RightSourcing by Magnit , a pioneering prov...
IAC TO ANNOUNCE Q3 2024 EARNINGS ON NOVEMBER 11th AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 12th
NEW YORK , Oct. 16, 2024 /PRNewswire/ -- After the close of market trading on Monday, November 11, 2024, IAC (NASDAQ: IAC) will post its third quarter results and simultaneously IAC CEO Joey Levin wil...
IAC to Participate in the Goldman Sachs Communacopia & Technology Conference
NEW YORK , Sept. 4, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communacopia & Technology Conference on Tuesday, September 10, 2024.
IAC to Participate in Citi's 2024 Global TMT and GEMS Conference
NEW YORK , Aug. 28, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in Citi's 2024 Global TMT and GEMS Conference on Friday, September 6, 2024. Neil Vogel, Chief Executive Officer of Dotdash M...
IAC Inc. Is A Steal, But It Needs A Deal
IAC has signalled to the market that it's ready to make deals. Any kind of transaction (sale, acquisition, or IPO) could unlock shareholder value. If the private assets are indeed worth what we specul...
It's Too Soon to Sell Nvidia, Says This Investor. Why She Likes GM and IAC Stock.
Samantha McLemore of Patient Capital sees plenty of value in the Magnificent Seven, and in small-caps and energy shares.
IAC to Participate in the Oppenheimer 27th Annual Technology, Internet & Communications Conference
NEW YORK , Aug. 7, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Oppenheimer 27th Annual Technology, Internet & Communications Conference on Tuesday, August 13, 2024. Christopher Halp...
IAC Inc. (IAC) Q2 2024 Earnings Call Transcript
IAC Inc. (NASDAQ:IAC) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Christopher Halpin - EVP, CFO & COO Joey Levin - CEO of IAC Inc. Jeff Kipp - CEO of Angi Inc. Con...
IAC's core profit rises after unit Dotdash Meredith sees uptick in advertising, licensing revenue
IAC posted a 24% rise in its core profit in the second quarter, banking on advertising and licensing revenues of Dotdash Meredith, its biggest business.
Barry Diller hints IAC no longer in race for Paramount deal, fears merger will face litigation: report
Diller said he will be "shocked" if the merger does not face a lot of legal challenges.
Barry Diller says Paramount pursuit 'might be over' for IAC, CNBC reports
Billionaire Barry Diller signaled his digital-media conglomerate IAC was no longer in the race to buy Paramount Global , CNBC reported on Friday.
IAC TO ANNOUNCE Q2 2024 EARNINGS ON AUGUST 6th AND HOST EARNINGS CONFERENCE CALL ON AUGUST 7th
NEW YORK , July 17, 2024 /PRNewswire/ -- After the close of market trading on Tuesday, August 6, 2024, IAC (NASDAQ: IAC) will post its second quarter results and simultaneously IAC CEO Joey Levin will...
IAC CEO Joey Levin on OpenAI deal, impact of AI and 2024 election
CNCB's Julia Boorstin and IAC CEO Joey Levin join 'Squawk Box' to discuss the state of the company, interest in Paramount, OpenAI deal, impact of AI, state of the 2024 presidential election, and more.
IAC: Could Be An Inflection Point With OpenAI Deal Inked
IAC is undergoing major cost control and restructuring efforts, with a focus on improving profitability across all businesses, including Angi and DDM. Moreover, they have inked a deal with OpenAI who ...