LiveRamp Holdings (RAMP) AI Stock Analysis

• Market Cap: $1.75B
• Dividend Yield: N/A
• Average Volume (3M): 536.65K
• Price to Earnings (P/E): 125.8
• Beta (1Y): 1.21
• Revenue Growth: 12.16%
• EPS Growth: 139.72%
• Country: US
• Employees: 1,400
• Sector: Technology
• Sector Strength: 92
• Industry: Software - Infrastructure
• EPS (TTM): 0.44
• Shares Outstanding: 65,605,415
• 10 Day Avg. Volume: 885,186
• 30 Day Avg. Volume: 536,655
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.07
• Enterprise Value/Revenue: 2.44
• Enterprise Value/Gross Profit: 3.45
• Enterprise Value/Ebitda: 43.08
• 1Y Price Target: $39.75
• Price Target Upside: 48.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 66 Neutral
• Price Target: $29.00 ▲(8.17% Upside)

LiveRamp Holdings' overall stock score of 66 reflects a strong financial performance and positive earnings call sentiment, which are the most significant factors. The company's strategic initiatives and growth prospects in AI-driven solutions are promising. However, the technical analysis indicates bearish momentum, and the high P/E ratio suggests the stock is overvalued, which tempers the overall score.

Positive Factors

Financial Performance

RAMP's F4Q saw its strongest sequential RPO growth since the company began reporting the metric in FY19, indicating strong performance momentum.

Revenue Growth

RAMP is expected to exceed Data Marketplace & Other revenue guidance, implying growth driven by CTV incrementality and contributions from Oracle clients.

Negative Factors

Customer Metrics

Concerns on muted customer metrics and a slower forward pace of net revenue retention are worth monitoring.

Sales Cycle

RAMP is not out of the thick macro woods, noting still extended sales cycles for new logos.

LiveRamp Holdings Business Overview & Revenue Model

Company Description

LiveRamp Holdings, Inc., a technology company, provides enterprise data connectivity platform solutions in the United States, Europe, and the Asia-Pacific. The company offers RampID, a true people-based identifier; Safe Haven, an enterprise data enablement platform; LiveRamp Data Marketplace, a solution that seamlessly connects data owners' audience data across the marketing ecosystem; and AbiliTec, an offline identity resolution platform. It serves financial, insurance and investment services, retail, automotive, telecommunications, high tech, consumer packaged goods, healthcare, travel, entertainment, non-profit, and government industries. The company was formerly known as Acxiom Holdings, Inc. and changed its name to LiveRamp Holdings, Inc. in October 2018. LiveRamp Holdings, Inc. was incorporated in 2018 and is headquartered in San Francisco, California.

How the Company Makes Money

LiveRamp generates revenue primarily through its subscription-based model, where clients pay for access to its suite of data services and tools. The main revenue streams include data onboarding services, identity resolution, and analytics solutions, which are offered to advertisers, agencies, and publishers. Additionally, LiveRamp capitalizes on partnerships with other technology firms, data providers, and advertising networks, which enhance its service offerings and expand its market reach. The company also benefits from transaction-based fees for certain services, further contributing to its earnings.

LiveRamp Holdings Financial Statement Overview

Summary

LiveRamp Holdings shows strong revenue growth and improving operational efficiency, as evidenced by better EBIT and EBITDA margins. However, profitability remains a challenge due to net losses, impacting the net profit margin and return on equity. The balance sheet is stable with low leverage, and cash flow generation is improving, providing a solid foundation for future growth.

Income Statement

LiveRamp Holdings demonstrates strong revenue growth, with revenues increasing consistently over the past few years. The gross profit margin is robust, indicative of effective cost management. However, there are concerns with the net profit margin, as the company has struggled with profitability, posting net losses in multiple years. The EBIT and EBITDA margins have shown improvement, suggesting a move towards operational efficiency.

Balance Sheet

The company's balance sheet is stable, with a healthy equity ratio indicating that a substantial portion of assets is financed through equity. The debt-to-equity ratio is low, implying conservative leverage. Return on equity has been negative due to net losses, which is a concern. Overall, the balance sheet reflects a solid financial position but highlights the need for improved profitability.

Cash Flow

LiveRamp Holdings has shown significant improvement in operating cash flow, indicating effective cash management and operational improvements. The free cash flow has increased, demonstrating enhanced cash generation. However, the free cash flow to net income ratio is impacted by net losses, suggesting room for better profit conversion. The trajectory for cash flow is positive, contributing to financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	764.44M	745.58M	659.66M	596.58M	528.66M	443.03M
Gross Profit	541.96M	529.67M	480.17M	426.50M	381.23M	299.02M
EBITDA	43.38M	40.22M	36.51M	-60.70M	-39.81M	-93.90M
Net Income	14.42M	-814.00K	11.88M	-124.11M	-33.83M	-90.27M
Balance Sheet
Total Assets	1.23B	1.26B	1.23B	1.17B	1.33B	1.29B
Cash, Cash Equivalents and Short-Term Investments	371.11M	420.83M	368.91M	497.25M	600.16M	572.79M
Total Debt	35.11M	36.29M	42.22M	47.17M	61.23M	13.77M
Total Liabilities	284.28M	310.51M	282.31M	246.63M	270.68M	207.64M
Stockholders Equity	947.81M	948.86M	949.13M	926.08M	1.06B	1.08B
Cash Flow
Free Cash Flow	148.01M	154.61M	103.19M	35.15M	73.58M	-22.74M
Operating Cash Flow	149.16M	155.65M	107.45M	39.84M	78.08M	-20.56M
Investing Cash Flow	21.07M	21.39M	-173.68M	-29.00M	7.58M	-87.89M
Financing Cash Flow	-121.03M	-102.70M	-59.12M	-146.01M	-66.98M	-43.49M

LiveRamp Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 26.81
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RAMP, the sentiment is Negative. The current price of 26.81 is below the 20-day moving average (MA) of 29.93, below the 50-day MA of 31.54, and below the 200-day MA of 30.04, indicating a bearish trend. The MACD of -1.69 indicates Positive momentum. The RSI at 33.19 is Neutral, neither overbought nor oversold. The STOCH value of 24.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RAMP.

LiveRamp Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CSGS	74 Outperform	$1.79B	21.61	29.06%	1.98%	3.31%	31.16%
ODD	71 Outperform	$3.46B	34.43	30.36%	―	26.12%	28.03%
FIVN	70 Neutral	$2.04B	288.93	1.42%	―	14.21%	―
EVCM	67 Neutral	$1.97B	―	-1.92%	―	-7.25%	51.12%
RAMP	66 Neutral	$1.75B	125.84	1.34%	―	12.16%	139.72%
Sector *	61 Neutral	$35.97B	6.65	-10.17%	1.99%	8.60%	-7.54%
AVDX	60 Neutral	$2.06B	1,189.16	-1.17%	―	8.04%	39.57%

LiveRamp Holdings Corporate Events

LiveRamp Holdings Approves Key Proposals at Annual Meeting

LiveRamp Holdings held its Annual Meeting on August 12, 2025, where shareholders voted on several key proposals. The election of Clark M. Kokich and Brian O’Kelley to the Board for three-year terms was confirmed, and an increase of 2,500,000 shares under the 2005 Plan was approved. Additionally, shareholders approved the executive compensation and ratified KPMG LLP as the independent registered public accountant for fiscal year 2026.