tiprankstipranks
Advertisement
Advertisement

IAC Completes Sale of Care.com, Refocuses Portfolio

Story Highlights
  • On March 16, 2026, IAC completed the sale of its subsidiary Care.com to Care Parent, LLC.
  • The divestiture removes Care.com from IAC’s portfolio, allowing capital and focus to shift elsewhere.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IAC Completes Sale of Care.com, Refocuses Portfolio

Claim 55% Off TipRanks

IAC/InteractiveCorp. ( (IAC) ) has issued an update.

On March 16, 2026, IAC Inc. completed the previously announced sale of its wholly owned subsidiary Care.com, Inc. to Care Parent, LLC, an indirect wholly owned subsidiary of Pacific Avenue Capital Partners. The transaction marks IAC’s exit from ownership of Care.com and reflects a continued portfolio-repositioning strategy, with potential implications for capital allocation priorities and a more focused operational profile.

By transferring Care.com to an entity controlled by Pacific Avenue Capital Partners, IAC shifts responsibility for the caregiving platform’s future growth and operations to the new owner. The deal may alter competitive dynamics in the care-services market while allowing IAC to redirect management attention and financial resources toward other core or higher-growth businesses in its portfolio.

The most recent analyst rating on (IAC) stock is a Hold with a $38.00 price target. To see the full list of analyst forecasts on IAC/InteractiveCorp. stock, see the IAC Stock Forecast page.

Spark’s Take on IAC Stock

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

The score is primarily held back by weak financial performance (declining revenue, ongoing losses, and volatile cash flow). The earnings call provides a partial offset with improving digital momentum and shareholder returns, while technicals are neutral-to-mixed and valuation remains challenged due to loss-making earnings and no dividend support.

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

More about IAC/InteractiveCorp.

IAC Inc. is a diversified holding company operating across multiple internet and digital media businesses, owning and developing online platforms and services through a portfolio of subsidiaries. Its strategy typically involves acquiring, growing, and, when appropriate, divesting operating companies in sectors such as online marketplaces, consumer services, and digital content.

Average Trading Volume: 1,093,471

Technical Sentiment Signal: Buy

Current Market Cap: $2.87B

Learn more about IAC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1