IAC Announces New Share Repurchase Authorization

An announcement from IAC/InteractiveCorp. ( (IAC) ) is now available.

In the first quarter of 2025, IAC completed the spin-off of Angi Inc., repurchased 4.5 million shares, and announced a new 10 million share repurchase authorization. Despite a 9% decrease in total revenue compared to Q1 2024, IAC reported a significant increase in operating income and adjusted EBITDA, driven by strong performance in its largest business, Dotdash Meredith. The company remains optimistic about capital allocation opportunities and continues to grow its digital revenue amidst industry challenges.

Spark’s Take on IAC Stock

According to Spark, TipRanks’ AI Analyst, IAC is a Neutral.

IAC’s overall stock score reflects a mix of strengths and challenges. The strong balance sheet and strategic corporate events provide stability and potential for future growth. However, profitability challenges and unattractive valuation metrics weigh heavily on the score. Technical analysis suggests bearish momentum, adding to the cautious outlook. While there are positive developments highlighted in the earnings call and corporate strategies, the stock faces significant hurdles that impact its overall score.

To see Spark’s full report on IAC stock, click here.

More about IAC/InteractiveCorp.

IAC/InteractiveCorp is a media and internet company that operates various businesses in the digital space. Its primary services include digital publishing through Dotdash Meredith, home services via Angi, and online care services with Care.com. The company focuses on leveraging its scale and brand strength to drive growth in digital revenue and advertising performance.

YTD Price Performance: -0.65%

Average Trading Volume: 1,217,217

Technical Sentiment Signal: Buy

Current Market Cap: $2.83B

See more data about IAC stock on TipRanks’ Stock Analysis page.