IAC Inc. Stock Forecast:
According to 17 analysts who provided stock forecasts for IAC Inc., the average target price for the company over the next 12 months is USD 85.65. The average rating from these analysts is Strong Buy. Stock Target Advisor has conducted their own analysis of IAC Inc.’s stock and has determined it to be Slightly Bearish based on 4 positive signals and 7 negative signals. Currently, IAC Inc.’s stock is trading at USD 53.82, which is down by -1.59% over the past week, up by +3.28% over the past month, and down by -59.13% over the past year.
Analysts Coverage Change:
- Benchmark Research: maintains IAC Inc. (IAC:NSD) with a “Buy” rating and lowers price target to USD 120 from USD 130
- Oppenheimer & Co.: reiterates an “Outperform” rating with a price target of USD 70
- Barclays: maintains an “Overweight” rating and raises price target to USD 75 from USD 70
- Goldman Sachs & Co.: maintains a “Buy” rating and lowers price target to USD 74 from USD 83
- Credit Suisse Group: maintains an “Outperform” rating and raises price target to USD 120 from USD 108
IAC Inc News:
Last week, the full-year results for IAC Inc. (IAC:NSD) were released, presenting an opportune moment to evaluate its performance. The results were largely consistent with what analysts had predicted, with revenues totaling US$5.2 billion and a statutory loss of US$13.55 per share.