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 "buy" IAC shares.
View IAC analyst ratings or view top-rated stocks.

12 brokerages have issued 1-year price targets for IAC's stock. Their IAC share price forecasts range from $54.00 to $154.00. On average, they anticipate the company's share price to reach $88.13 in the next year. This suggests a possible upside of 70.4% 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 start of the year. Since then, IAC shares have increased by 16.5% and is now trading at $51.71.
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IAC saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 1,800,000 shares, a decline of 11.8% from the February 28th total of 2,040,000 shares. Based on an average daily trading volume, of 932,300 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.3% of the shares of the stock are sold short.
View IAC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our IAC earnings forecast.

IAC Inc. (NASDAQ:IAC) released its earnings results on Monday, February, 13th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.32. The company earned $1.25 billion during the quarter, compared to the consensus estimate of $1.25 billion. IAC had a negative net margin of 22.35% and a negative trailing twelve-month return on equity of 4.52%.

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), Amplify Online Retail ETF (IBUY), Global X Social Media ETF (SOCL), Invesco Global Listed Private Equity ETF (PSP), First Trust S-Network E-Commerce ETF (ISHP), Davis Select Worldwide ETF (DWLD) and Ballast Small/Mid Cap ETF (MGMT).

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 many different institutional and retail investors. Top institutional investors include Moneta Group Investment Advisors LLC (17.52%), JPMorgan Chase & Co. (6.70%), ShawSpring Partners LLC (4.85%), Price T Rowe Associates Inc. MD (3.28%), Southeastern Asset Management Inc. TN (3.12%) and First Manhattan Co. (2.86%). Insiders that own company stock include Iac Inc, Iac/Interactivecorp, Michael D Eisner and Michael H Schwerdtman.
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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 $51.71.

IAC (NASDAQ:IAC) has a market capitalization of $4.30 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 ($13.50) 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.