IAC (IAC) Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IAC in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IAC shares.
View IAC analyst ratings or view top-rated stocks.

12 equities research analysts have issued 12-month price objectives for IAC's stock. Their IAC share price forecasts range from $66.00 to $115.00. On average, they expect the company's stock price to reach $80.93 in the next twelve months. This suggests a possible upside of 62.2% from the stock's current price.
View analysts price targets for IAC or view top-rated stocks among Wall Street analysts.

IAC's stock was trading at $44.40 at the beginning of 2023. Since then, IAC stock has increased by 12.4% and is now trading at $49.91.
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IAC saw a decline in short interest in September. As of September 15th, there was short interest totaling 1,750,000 shares, a decline of 10.7% from the August 31st total of 1,960,000 shares. Based on an average trading volume of 566,500 shares, the short-interest ratio is currently 3.1 days. Currently, 2.4% of the shares of the company are sold short.
View IAC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our IAC earnings forecast.

IAC Inc. (NASDAQ:IAC) released its earnings results on Tuesday, August, 8th. The company reported ($0.76) earnings per share for the quarter, meeting the consensus estimate of ($0.76). The business earned $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. IAC had a negative trailing twelve-month return on equity of 4.67% and a net margin of 5.56%.

ETFs with the largest weight of IAC (NASDAQ:IAC) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX), SPDR S&P Internet ETF (XWEB), Invesco Next Gen Media and Gaming ETF (PBS), Amplify Online Retail ETF (IBUY), Global X Social Media Index ETF (SOCL), Invesco Global Listed Private Equity ETF (PSP), Goldman Sachs Hedge Industry VIP ETF (GVIP) and First Trust S-Network E-Commerce ETF (ISHP).

33 employees have rated IAC Chief Executive Officer Joey Levin on Glassdoor.com. Joey Levin has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other IAC investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Salesforce (CRM), Broadcom (AVGO), Adobe (ADBE), Walt Disney (DIS), Visa (V), Netflix (NFLX) and Lam Research (LRCX).

IAC trades on the NASDAQ under the ticker symbol "IAC."

IAC's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (6.91%), ShawSpring Partners LLC (5.22%), BlackRock Inc. (4.28%), Thompson Siegel & Walmsley LLC (1.66%), State Street Corp (1.57%) and Geode Capital Management LLC (1.44%). Insiders that own company stock include Iac Inc and Michael D Eisner.
View institutional ownership trends.

Shares of IAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of IAC stock can currently be purchased for approximately $49.91.

IAC (NASDAQ:IAC) has a market capitalization of $4.00 billion and generates $5.24 billion in revenue each year. The company earns $-1,170,170,000.00 in net income (profit) each year or $2.74 on an earnings per share basis.

The company employs 11,000 workers across the globe.

The official website for the company is www.iac.com. The company can be reached via phone at (212) 314-7300 or via email at ir@iac.com.