IAC Inc. (IAC)

NASDAQ: IAC · Real-Time Price · USD
42.30
-0.55 (-1.28%)
At close: Jan 17, 2025, 4:00 PM
42.33
+0.03 (0.07%)
After-hours: Jan 17, 2025, 4:00 PM EST
-1.28%
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 24.51
Dividend n/a
Ex-Dividend Date n/a
Volume 724,908
Open 43.57
Previous Close 42.85
Day's Range 42.13 - 43.70
52-Week Range 39.61 - 58.29
Beta 1.34
Analysts Buy
Price Target 67.92 (+60.57%)
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]

IPO Date May 28, 1992
Employees 9,500
Stock Exchange NASDAQ
Ticker Symbol IAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for IAC stock is "Buy." The 12-month stock price forecast is $67.92, which is an increase of 60.57% from the latest price.

Price Target
$67.92
(60.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IAC: FCC Issues Could Be Limited, Spin-Off Now Confirmed

IAC confirms the spin-off of Angi, despite mixed feelings from the equity research community, though appeal to the minority Angi float. Angi's shift to a consumer-stated choice model should improve US...

1 day ago - Seeking Alpha

Top 3 Tech And Telecom Stocks That May Explode This Quarter

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: FUBOGETY
5 days ago - Benzinga

Angi Stock Rises as IAC to Spin Off Home Services Provider

Media and internet conglomerate IAC (IAC) announced that it planned to spin off its full stake in home services site Angi (ANGI) to its shareholders and said it would shake up IAC's executive leadersh...

Other symbols: ANGI
6 days ago - Investopedia

IAC Shares Jump On New Of Barry Diller's Return As CEO, Spinoff Of Angi Stake

Barry DIller is returning as CEO of InterActive Corp., the diversified digital company he founded in 1995. The company included the leadership news in a broader announcement about finalizing a plan to...

7 days ago - Deadline

IAC to Spin Off Stake in Angi, Longtime CEO to Step Down

Angi CEO Jeff Kip will continue to head the company as IAC's 10th fully independent company, IAC said.

7 days ago - WSJ

IAC CEO Joey Levin to step down as it spins off home services unit Angi

IAC said on Monday longtime boss Joey Levin will step down as CEO after the spinoff of its majority stake in home services marketplace Angi as the media and internet company looks to focus on Dotdash ...

7 days ago - Reuters

Barry Diller Will Once Again Lead IAC

Current CEO Joey Levin will step down to become executive chairman at IAC spinoff Angi.

7 days ago - Barrons

IAC approves spinoff of home improvement marketplace Angi

IAC on Monday announced that its board approved the spinoff of Angi, the home improvement marketplace it acquired in 2017. The holding company said it expects the spinoff to close in the second quarte...

7 days ago - CNBC

IAC Announces Plan to Spin Off Angi; Reorganizes Leadership

Angi Announces Joey Levin will guide Angi's next chapter as Executive Chairman NEW YORK and DENVER , Jan. 13, 2025 /PRNewswire/ -- IAC (NASDAQ: IAC) announced today its Board of Directors has approved...

Other symbols: ANGI
7 days ago - PRNewsWire

Charlotte Triggs Appointed First-Ever GM and Editor-in-Chief of the PEOPLE Group

NEW YORK , Jan. 13, 2025 /PRNewswire/ -- Dotdash Meredith, the largest digital and print publisher in America, today named Charlotte Triggs as its first-ever GM and Editor-in-Chief of PEOPLE Group, ef...

7 days ago - PRNewsWire

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...

Other symbols: MGMUNH
4 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Reuters

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.

2 months ago - Benzinga

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.

Other symbols: ANGI
2 months ago - Market Watch

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.

Other symbols: ANGI
2 months ago - CNBC Television

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...

Other symbols: ANGI
2 months ago - PRNewsWire

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 ...

Other symbols: ANGI
2 months ago - CNBC

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...

Other symbols: ANGI
2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: ANGI
3 months ago - PRNewsWire

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.

Other symbols: ANGI
4 months ago - PRNewsWire

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...

Other symbols: ANGI
5 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha