
IAC/InterActiveCorp (IAC) Stock Forecast & Price Target
IAC/InterActiveCorp (IAC) Analyst Ratings
Bulls say
IAC is in a transformation process that is expected to unlock value, reinforced by the recent sale of Care.com and reduction in corporate overhead. Despite declines in sessions-based revenue, growth in non-sessions based revenue is driving nominal revenue and operating profit growth. With further consolidation around core assets, there is potential for valuation support. Although the current sum-of-the-part discount is at historical highs, the potential bull case of higher valuations for People Inc. and the Turo stake suggest a potential upside range of 21%-33%. The company's segments, including Dotdash Meredith, Care.com, and Emerging & Other, have seen declines in revenue and AEBITDA, but overall, the company's positive outlook is driven by gradual improvements and promising investments in larger businesses such as People Inc., MGM, and Turo.
Bears say
IAC is a diverse conglomerate with a negative outlook due to concerns about the company's ability to grow its businesses and create shareholder value. The company's segments, including People Inc, Care.com, and Search, have varying levels of growth potential and face risks such as competition and macroeconomic conditions. Additionally, IAC's reliance on Google for a significant portion of its revenue exposes it to potential changes in Google's algorithms and policies. The recent sale of Care.com may bring some positive value for shareholders, but there are also risks such as volatility in IAC's stock price and the inability to spin-off other assets. Overall, the company's history of scaling and improving operations at its internet businesses has not been enough to outweigh these concerns, leading to a negative outlook on IAC's stock.
This aggregate rating is based on analysts' research of IAC/InterActiveCorp and is not a guaranteed prediction by Public.com or investment advice.
IAC/InterActiveCorp (IAC) Analyst Forecast & Price Prediction
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