LiveRamp Holdings

LiveRamp shares rose to a 52-week high of $37.92, up 29% year-to-date and 35% over the past six months. With a market capitalization of $2.3 billion and a P/E ratio of 17, InvestingPro classifies the stock as undervalued. At the same time, LiveRamp reported better-than-expected Q4 results, agreed to be acquired by Publicis for $2.5 billion, and launched the LiveRamp Agent Builders program to integrate partner-developed AI agents into its platform. » More on de.investing.com

Brian O’Kelley has resigned from LiveRamp’s board of directors with immediate effect; the company said the resignation was not due to disagreements over business operations or practices. LiveRamp reported revenue of $212 million for the third fiscal quarter, slightly beating expectations, improved operating results, and announced an increase to its share buyback program by $200 million to $1.5 billion through the end of 2027. The company is also integrating AI-powered forecasting models into its platform, appointed Kristi Argyilan to the board, and received positive analyst reactions with raised price targets. » More on de.investing.com

At the Morgan Stanley conference LiveRamp presented its strategy: AI is intended to accelerate the data offering and collaboration, the Data Marketplace accounts for around 20% of revenue and is growing in the high double-digit percentage range. Management is targeting the Rule of 40 by 2028 and expects margin expansions of about four percentage points each in the coming years. LiveRamp is introducing a usage-based pricing model with 12-month tokens, expanding into healthcare and the public sector, and aims to simplify the platform for smaller, non-technical users. The company is working with over 20 AI partners, expanding Clean Rooms and integrating CTV data as well as AI models and training datasets into the marketplace. » More on de.investing.com