5 big analyst AI moves: Apple lifted to Buy, AI chip bets reassessed
Investing.com - Citizens has reiterated its Market Outperform rating and $47.00 price target on IAC/InterActiveCorp (NASDAQ:IAC), citing multiple potential catalysts across the company’s portfolio. Currently trading at $33.29, near its 52-week low, IAC appears undervalued according to InvestingPro analysis, with analyst targets ranging up to $60.
The firm highlighted D/Cipher+’s potential to consolidate advertising demand onto People Inc.’s platform as one of the key growth drivers for IAC.
Citizens also pointed to Care.com’s rebrand and product overhaul as significant improvements, noting the expansion of care categories, enhanced safety features, and upgraded messaging, search, and matching functionality.
The research firm emphasized IAC’s long-standing track record of incubating businesses and creating shareholder value as central to its investment thesis.
Citizens believes IAC’s current assets are undervalued and expects the company’s continued discipline around capital returns and M&A activities to drive additional shareholder value.
In other recent news, Vimeo, Inc. announced a definitive agreement to be acquired by Bending Spoons for approximately $1.38 billion in an all-cash transaction. Vimeo shareholders will receive $7.85 per share, which represents a 91% premium over the company’s 60-day volume-weighted average share price as of September 9, 2025. Meanwhile, IAC/InterActiveCorp reported its Q2 2025 earnings, surprising with an EPS of $2.57 against a forecast of a negative $0.2927. However, the company’s revenue fell short of expectations at $586.9 million compared to the anticipated $601.35 million.
In light of these developments, Jefferies lowered its price target for IAC to $45 from $51, maintaining a Buy rating, while highlighting the revenue miss. Goldman Sachs, on the other hand, raised its price target for IAC to $46, citing digital growth and the rebranding of DotdashMeredith to People Inc. Benchmark also reiterated its Buy rating on IAC, setting a price target of $60. These recent developments underscore the market’s mixed reactions to IAC’s strategic moves and financial performance.
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