IAC/InteractiveCorp. ( (IAC) ) has provided an announcement.
On April 8, 2025, IAC Inc. announced the completion of the spin-off of Angi Inc., including Total Home Roofing, LLC, which was sold on November 1, 2023. This move, finalized on March 31, 2025, was executed through a special dividend distribution of Angi’s shares to IAC’s stockholders, resulting in Angi becoming an independent public company. Consequently, IAC has reclassified Angi’s operations as discontinued in its financial statements, reflecting this strategic shift in its business structure.
Spark’s Take on IAC Stock
According to Spark, TipRanks’ AI Analyst, IAC is a Neutral.
IAC’s overall stock score of 63 reflects a balanced view of its strengths and challenges. The company’s solid balance sheet and improving cash flows are positive financial indicators, but profitability issues and inconsistent revenue growth weigh on its financial performance. Technical analysis suggests short-term bullish momentum, while valuation remains a concern due to negative earnings. Recent earnings call insights and strategic corporate events provide a mixed but slightly positive outlook, highlighting operational improvements and strategic initiatives.
To see Spark’s full report on IAC stock, click here.
More about IAC/InteractiveCorp.
YTD Price Performance: -2.84%
Average Trading Volume: 1,103,502
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.84B
For a thorough assessment of IAC stock, go to TipRanks’ Stock Analysis page.