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IAC/InteractiveCorp. ( (IAC) ) has issued an update.
On March 2, 2026, IAC announced a definitive agreement to sell all of its shares in Care.com to an affiliate of Pacific Avenue Capital Partners for approximately $320 million in cash, with closing expected in the first half of 2026 subject to customary conditions and a no-earlier-than date of March 13, 2026. The move is part of IAC’s strategy to streamline its portfolio around core assets such as People Inc. and its MGM stake, monetizing a profitable non-core holding after revamping Care.com’s brand, technology and product mix, while Pacific Avenue positions the carve-out as a standalone growth platform in the family care market, particularly in enterprise offerings.
Both sides highlighted that Care.com exits IAC from a position of profitability and operational strength, with Pacific Avenue planning to leverage its carve-out expertise to accelerate growth and performance under existing leadership. For IAC investors, the transaction enhances financial flexibility and simplifies the corporate structure, while for Care.com’s stakeholders it marks a transition to private equity ownership aimed at scaling services for families, caregivers and employer partners without the overhang of financing contingencies.
The most recent analyst rating on (IAC) stock is a Hold with a $36.00 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 held down primarily by weak financial performance (shrinking revenue base, continued net losses, and a sharp step-down in 2025 free cash flow) and soft technical momentum. The earnings call provided a partial offset with improved digital execution at People, continued buybacks, and clearer annual targets for 2026, but valuation remains challenged given negative earnings and no dividend yield provided.
To see Spark’s full report on IAC stock, click here.
More about IAC/InteractiveCorp.
IAC Inc. is a New York-based holding company that builds and operates category-leading digital businesses, historically spinning out multiple publicly traded companies. Its current portfolio includes People Inc. and Care.com, alongside strategic equity stakes in MGM Resorts International and Turo Inc., reflecting a focus on media, online services and consumer marketplaces.
Care.com, acquired by IAC in 2020, is a major online marketplace in the roughly $400 billion family care sector, offering a large U.S. network of background-checked child and senior caregivers and expanding into senior care, pet care and housekeeping. The platform also provides enterprise solutions, partnering with more than 700 employers to deliver care benefits to their workforces and emphasizing trust, safety and upgraded technology under IAC’s ownership.
Average Trading Volume: 1,094,414
Technical Sentiment Signal: Buy
Current Market Cap: $2.95B
Find detailed analytics on IAC stock on TipRanks’ Stock Analysis page.