
NASDAQ:IAC
This summary was created by AI, based on 1 opinions in the last 12 months.
IAC/Interactive, trading under the symbol IAC-Q, holds a diverse portfolio of businesses, with a strong focus on strategic spin-offs for its shareholders. Ownership stakes in well-known entities like MGM Resorts enhance its market position. The company is managed by a highly skilled CEO and an exceptional management team, which adds confidence to potential investors. Additionally, IAC boasts a robust balance sheet characterized by significant cash reserves, indicating financial stability. With a consensus rating of 'Buy' from analysts and a price target of $50.62, experts appear optimistic about the company's future prospects.
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, 2 stock analysts published opinions about IAC (previously IAC-Q on Stockchase). 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation 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 help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of IAC/Interactive published on Stockchase.
On 2026-06-08, IAC/Interactive (IAC) stock closed at a price of $42.17.
(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.