IAC Inc. (IAC)

NASDAQ: IAC · IEX Real-Time Price · USD
51.64
+0.43 (0.84%)
At close: Mar 18, 2024, 4:00 PM
51.38
-0.26 (-0.50%)
After-hours: Mar 18, 2024, 6:25 PM EDT
0.84%
Market Cap 4.47B
Revenue (ttm) 4.37B
Net Income (ttm) 265.94M
Shares Out 85.97M
EPS (ttm) 2.97
PE Ratio 17.39
Forward PE 96.15
Dividend n/a
Ex-Dividend Date n/a
Volume 377,785
Open 51.35
Previous Close 51.21
Day's Range 51.31 - 52.32
52-Week Range 41.39 - 69.85
Beta 1.36
Analysts Strong Buy
Price Target 80.00 (+54.92%)
Earnings Date May 7, 2024

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 11,000
Stock Exchange NASDAQ
Ticker Symbol IAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for IAC stock is "Strong Buy." The 12-month stock price forecast is $80.0, which is an increase of 54.92% from the latest price.

Price Target
$80.0
(54.92% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Amentum Awarded $245 Million IAC MAC Contract to Deliver Microelectronics Capabilities for the U.S. Navy

CHANTILLY, Va.--(BUSINESS WIRE)-- #AmentumWin--Amentum has been awarded a $245 million, five-year task order by the U.S. Air Force for the Defense Technical Information Center (DTIC) supporting Microe...

7 days ago - Business Wire

IAC's core profit more than doubles in fourth quarter

Internet holding company IAC said on Tuesday that a key profit metric doubled in the fourth quarter, amid an uptick in online traffic and advertising revenue, as well as profit growth in its three big...

4 weeks ago - Reuters

IAC Earnings Release and Letter to Shareholders Available on Company's Website

NEW YORK , Feb. 13, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its fourth quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.c...

Other symbols: ANGI
4 weeks ago - PRNewsWire

IAC TO ANNOUNCE Q4 2023 EARNINGS ON FEBRUARY 13th AND HOST EARNINGS CONFERENCE CALL ON FEBRUARY 14th

NEW YORK , Jan. 17, 2024 /PRNewswire/ -- After the close of market trading on Tuesday, February 13, 2024, IAC (NASDAQ: IAC) will post its fourth quarter results and simultaneously IAC CEO Joey Levin w...

Other symbols: ANGI
2 months ago - PRNewsWire

Robotexts Jump to 19 Billion As 2023 Winds Down, According to Robokiller Insights

NEW YORK , Jan. 11, 2024 /PRNewswire/ --  Robotexts increased by 37% but robocalls dropped by 25% in December , more proof that scammers believe SMS is the best way to target consumers, especially aro...

2 months ago - PRNewsWire

Italy's Bending Spoons acquires Mosaic Group's digital assets from IAC

Italian app developer Bending Spoons said on Wednesday it had agreed to buy the digital assets of IAC mobile software subsidiary Mosaic Group.

2 months ago - Reuters

Bending Spoons Acquires Mosaic Group Digital Assets From IAC

MILAN--(BUSINESS WIRE)--Bending Spoons announces today that it has agreed to acquire the assets of IAC mobile software subsidiary Mosaic Group for an undisclosed sum, subject to closing conditions. Un...

2 months ago - Business Wire

Partnership with the Indy Autonomous Challenge (IAC) Expanded: dSPACE Supports University Autonomous Racing Teams as Exclusive Software-in-the-Loop Technology Sponsor

PADERBORN, Germany & LAS VEGAS--(BUSINESS WIRE)-- #CES2024--dSPACE, one of the world's leading providers of simulation and validation solutions, is expanding its partnership with the Indy Autonomous C...

2 months ago - Business Wire

Indy Autonomous Challenge Unveils Next Gen Autonomous Vehicle Platform IAC AV-24

LAS VEGAS--(BUSINESS WIRE)--The Indy Autonomous Challenge today announced the launch of its Next Gen Autonomous Vehicle Platform, the IAC AV-24.

2 months ago - Business Wire

Robotexts Reach 13 Billion in November, According to Robokiller Insights

NEW YORK , Dec. 14, 2023 /PRNewswire/ --  Robotexts increased by 8% to 13.9 billion  amid the holiday shopping season, a far cry from 2022 robotexts within the same timeframe. Meanwhile, robocalls dro...

3 months ago - PRNewsWire

IAC to Participate in the Barclays Global Technology Conference

NEW YORK , Nov. 29, 2023 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Barclays Global Technology Conference on Thursday, December 7, 2023. Christopher Halpin, Executive Vice President, CF...

Other symbols: ANGI
3 months ago - PRNewsWire

IAC to Participate in the 2023 RBC Capital Markets Global Technology, Internet, Media, Telecommunications Conference

NEW YORK , Nov. 9, 2023 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the 2023 RBC Capital Markets Global Technology, Internet, Media, Telecommunications Conference on Tuesday, November 14, 20...

Other symbols: ANGI
4 months ago - PRNewsWire

Robotexts And Robocalls Spike In October, According to Robokiller Insights

NEW YORK , Nov. 9, 2023 /PRNewswire/ --  Robotexts reached 12.8 billion while robocalls soared to 4.8 billion in October, a combined 6% month-over-month increase, according to Robokiller Insights. The...

4 months ago - PRNewsWire

IAC narrowly beats Wall Street third-quarter revenue estimates

Internet holding company IAC beat Wall Street third-quarter revenue estimates on Tuesday, as the owner of publisher Dotdash Meredith saw traffic growth return for core brands.

4 months ago - Reuters

IAC Sees Turnaround Coming at Angi and Dotdash Meredith

For the third quarter, the company posted revenue of $1.11 billion, about in line with Wall Street consensus.

4 months ago - Barrons

Top 4 Tech And Telecom Stocks That May Explode This Month - Iridium Comms (NASDAQ:IRDM), IAC (NASDAQ:IAC)

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

Other symbols: IRDMOOMAZIP
5 months ago - Benzinga

Robokiller Adds Personal Data Protection To Its Award-Winning Mobile Protection Offering

NEW YORK , Oct. 26, 2023 /PRNewswire/ -- Robokiller , the app that eliminates 99% of robocalls and robotexts, today announced the addition of personal data protection to its mobile security suite. Usi...

5 months ago - PRNewsWire

OpsCanvas Emerges from Stealth Mode with its Cloud Deployment Solution Using Generative IaC

ALEXANDRIA, Va.--(BUSINESS WIRE)--Today, OpsCanvas, Inc., marked a significant milestone as it emerged from stealth mode, showcasing its Draw & Deploy platform engineered specifically to address the u...

5 months ago - Business Wire

IAC TO ANNOUNCE Q3 2023 EARNINGS ON NOVEMBER 7th AND HOST EARNINGS CONFERENCE CALL ON NOVEMBER 8th

NEW YORK , Oct. 18, 2023 /PRNewswire/ -- After the close of market trading on Tuesday, November 7, 2023, IAC (NASDAQ: IAC) will post its third quarter results and simultaneously IAC CEO Joey Levin wil...

Other symbols: ANGI
5 months ago - PRNewsWire

Robotexts Rebound To 12 Billion On The Heels Of Three Month Decreases, According To Robokiller Insights

NEW YORK , Oct. 5, 2023 /PRNewswire/ -- Robotexts jumped to 12 billion in September, a 9% month-over-month increase, according to Robokiller Insights . Meanwhile, robocalls plummeted to 4.6 billion  i...

5 months ago - PRNewsWire

Meryllion Increases Tenement Position in Tasmanian IAC Rare Earth Project

Vancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - Meryllion Resources Corporation (CSE: MYR) ("Meryllion" or the "Company") is pleased to announce that, further to its press release of...

5 months ago - Newsfile Corp

Barry Diller on Hollywood writers' strike, streaming economy and media landscape

Barry Diller, IAC and Expedia chairman and senior executive, joins 'Squawk Box' to discuss the end of the Hollywood writers' strike, the media landscape at large, A.I. revolution & the impact on enter...

6 months ago - CNBC Television

Robocalls Increase By 5% While Robotexts Decrease In August, According to Robokiller Insights

NEW YORK , Sept. 14, 2023 /PRNewswire/ -- Robocalls increased by 5% in August to 5.4 billion , a reversal from recent month-over-month decreases, according to Robokiller Insights.

6 months ago - PRNewsWire

IAC to Participate in the Goldman Sachs Communicopia + Technology Conference

NEW YORK , Aug. 30, 2023  /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communicopia + Technology Conference on Thursday, September 7, 2023. Christopher Halpin, Executive Vic...

Other symbols: ANGI
7 months ago - PRNewsWire

IAC CEO Joey Levin: The ad market overall is still not in a great shape

IAC CEO Joey Levin joins 'Squawk on the Street' to discuss what happened with the company's quarterly earnings results, whether there's been a real turnaround in advertising spend, and more.

7 months ago - CNBC Television