IAC (IAC) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IAC in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities 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 targets 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 year. This suggests a possible upside of 60.6% from the stock's current price.
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IAC's stock was trading at $44.40 at the start of the year. Since then, IAC stock has increased by 13.5% and is now trading at $50.39.
View the best growth stocks for 2023 here.

IAC saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,750,000 shares, a decrease 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. Approximately 2.4% of the company's shares 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) posted its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.76) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.76). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate 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."

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 $50.39.

IAC (NASDAQ:IAC) has a market capitalization of $4.03 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.