Cautious Outlook on LiveRamp Holdings Amid Conservative Revenue Guidance and Strategic Initiatives

Alec Brondolo, an analyst from Wells Fargo, maintained the Hold rating on LiveRamp Holdings (RAMP – Research Report). The associated price target is $26.00.

Alec Brondolo has given his Hold rating due to a combination of factors influencing LiveRamp Holdings’ stock outlook. The company is expected to report results in line with or slightly above guidance for the fourth quarter, following positive trends in the ad-tech sector. However, there is caution regarding the fiscal year 2026 revenue guidance, which is anticipated to be conservative, reflecting management’s previous cautious outlooks and the potential impact of weaker first-half bookings on future revenues.
Despite recent improvements in bookings and a robust long-term growth target, LiveRamp’s stock performance has been relatively flat compared to broader market indices. This suggests that increasing the customer base is crucial for unlocking value, and while a new pricing initiative could aid in this, more details are awaited. Additionally, the company is focusing on new partnerships, user interface enhancements, and growth in connected TV, which are key areas to watch in upcoming earnings announcements.