
NASDAQ:IAC
This summary was created by AI, based on 1 opinions in the last 12 months.
IAC/Interactive (IAC-Q) is currently viewed positively by experts in light of its recent activities, including an aggressive bid for the remaining 80% of MGM that it does not already own. This strategic move has been met with optimism, as the company is recognized for being undervalued in a competitive market. Under the guidance of its leadership, there is a strong belief that now may be an opportune time to invest in IAC, as indicated by a recent top pick rating. The consideration of a position in IAC reflects the general sentiment that the company's growth potential is not yet fully recognized by the market.
It It owns a number of businesses and spins out some of them to shareholders. It owns a lot of stock in MGM resorts. It also has a couple of operating businesses and smaller properties. The CEO is a very smart manager and the management team is great. It has a very clean balance sheet with cash. Buy 12 Hold 3 Sell 0
(Analysts’ price target is $50.62)IAC/Interactive is a American stock, trading under the symbol IAC (previously IAC-Q on Stockchase) on the NASDAQ (IAC). It is usually referred to as NASDAQ:IAC or IAC
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on IAC (previously IAC-Q on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for IAC/Interactive.
IAC/Interactive was recommended as a Top Pick by Mike S. Newton, CIM FCSI on 2015-10-28. Read the latest stock experts ratings for IAC/Interactive.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for IAC/Interactive.
IAC/Interactive is covered by Stockchase experts and is worth watching.
On 2026-06-08, IAC/Interactive (IAC) stock closed at a price of $42.08.
(Now People Inc, PPLI-Q) Last week, made an aggressive bid for the 80% of MGM it doesn't own. We'll see if it goes through. Still a very undervalued company, and he'd take a position today.