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Ziff Davis Divests Connectivity Unit in Strategic Shift

Story Highlights
  • Ziff Davis will sell its Connectivity division to Accenture for $1.2 billion, monetizing a key asset and retaining operations until closing.
  • The Connectivity unit contributed 16% of 2025 revenue and will be reclassified as discontinued operations, signaling a strategic portfolio shift for Ziff Davis.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ziff Davis Divests Connectivity Unit in Strategic Shift

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An update from Ziff Davis ( (ZD) ) is now available.

On March 2, 2026, Ziff Davis agreed to sell its Connectivity division to Accenture for $1.2 billion in cash, in a deal that management described as a transformative realization of value for shareholders. Connectivity’s globally recognized brands, including Ookla, Speedtest, Ekahau, Downdetector, and RootMetrics, provide network design, intelligence, testing, insights, and incident detection services across fixed broadband, mobile, and Wi-Fi.

The transaction, which remains subject to customary closing conditions and regulatory approvals, will see Ziff Davis retain and operate the business until completion, while using sale proceeds for general corporate purposes and capital allocation within the constraints of its debt agreements. Connectivity generated $231 million of revenue in 2025, about 16% of Ziff Davis’ total, and its results are expected to be reclassified as discontinued operations from the first quarter of fiscal 2026, underscoring a strategic portfolio shift that could reshape the company’s earnings profile and capital deployment options.

The most recent analyst rating on (ZD) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Ziff Davis stock, see the ZD Stock Forecast page.

Spark’s Take on ZD Stock

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

The score is supported primarily by solid underlying financial quality—especially strong free cash flow and manageable leverage—plus a generally constructive (though cautious) earnings outlook with continued buybacks. It is held back by very weak technicals (deeply oversold and below major moving averages) and only moderate valuation support, alongside uncertainty tied to Tech & Shopping pressure and deferred formal guidance.

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

More about Ziff Davis

Ziff Davis, Inc. is a vertically focused digital media and internet company whose portfolio spans technology, shopping, gaming and entertainment, health and wellness, connectivity, cybersecurity, and marketing technology. The NASDAQ-listed group operates leading online brands across these categories, monetizing audiences and services through advertising, licensing, and subscription-based offerings in global digital markets.

Its diversified platform positions the company as a multi-vertical operator in the broader digital media and online services industry, with exposure to both consumer-facing content and specialized enterprise solutions. Within this structure, the Connectivity division has been a significant contributor, reflecting Ziff Davis’ reach into network intelligence, testing, and optimization services for telecoms, enterprises, and regulators worldwide.

Average Trading Volume: 690,071

Technical Sentiment Signal: Strong Sell

Current Market Cap: $1.05B

For a thorough assessment of ZD stock, go to TipRanks’ Stock Analysis page.

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