IAC/Interactivecorp

IAC reported a Q1 loss per share of $0.94 on revenue of $422.9 million, missing analyst expectations by a wide margin and sending the stock sharply lower. The digital publishing segment People Inc. showed growth in revenue and adjusted EBITDA, while print and especially the search business plunged. The company plans a restructuring and a rebranding to People Incorporated, expects cost savings and confirms its 2026 full-year guidance despite risks from the restructuring. » Mere på de.investing.com

IAC’s shares reached a new 52-week high of $41.88 and are currently trading around $41.89, corresponding to a market capitalization of about $3.21 billion. Year-to-date the stock is up roughly 24.02%, and an InvestingPro analysis currently classifies the stock as undervalued. IAC also completed the sale of Care.com to Pacific Avenue Capital Partners for $320 million, which represents a book loss compared with the earlier purchase price; Benchmark nevertheless maintains a buy rating with a $57 price target. » Mere på de.investing.com

IAC has entered into a binding agreement to sell Care.com to an affiliate of Pacific Avenue Capital Partners for about $320 million in cash. Closing is expected in the first half of 2026 and follows IAC’s strategy to focus on core businesses such as People Inc. and its stake in MGM while monetizing non-core holdings. J.P. Morgan is advising IAC exclusively and Moelis & Company is advising Pacific Avenue; the transaction is subject to customary closing conditions. » Mere på de.investing.com

IAC reported Q4 2025 revenue of $646m (-10% y/y) and EPS of -$0.99, with the stock up 4.5% premarket after the results. People Inc. materially helped stabilize results with 14% digital revenue growth and nine consecutive quarters of growth; digital revenues amounted to $355m. IAC repurchased shares, increased its MGM holdings, and views its non‑public assets, after subtracting MGM and cash, as significantly undervalued. For 2026 the company expects adjusted EBITDA of $260–335m and mid‑ to high‑single‑digit digital growth for People Inc., but sees pressure from Google-related legal costs. » Mere på de.investing.com

FPA Queens Road Small Cap Value Fund named IAC as a midsized holding, arguing the company’s sum-of-the-parts asset value exceeds its share price while IAC is suppressing cash flow to fund investments. The letter notes IAC’s holdings include DotDash Meredith, stakes in MGM Resorts and Turo, Care.com and Vivian, and cites the company’s history of spinning off assets to realize value. IAC shares fell 2.82% over one month and 18.26% over 52 weeks, closing at $32.70 on November 21, 2025 with a $2.621 billion market cap. » Mere på finance.yahoo.com