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Investing.com - Benchmark raised its price target on LiveRamp Holdings Inc. (NYSE:RAMP) to $51.00 from $48.00 on Tuesday, while maintaining a Buy rating on the data connectivity platform provider. According to InvestingPro data, the stock has delivered a strong 21% return over the past year, with analysts setting targets ranging from $28 to $50. Analysis suggests the stock is currently undervalued based on InvestingPro’s Fair Value model.
The price target increase comes ahead of LiveRamp’s fiscal first-quarter earnings report scheduled for Thursday, August 7, 2025. Benchmark’s estimates for total revenue and non-GAAP operating income align with consensus expectations and company guidance. InvestingPro subscribers can access 10+ additional exclusive tips and comprehensive metrics about RAMP’s financial health, which currently rates as "GOOD" with a score of 2.9 out of 5.
Benchmark highlighted that LiveRamp’s fiscal fourth quarter showed the strongest sequential RPO (remaining performance obligation) growth since the company began reporting this metric in fiscal year 2019. This growth trend has been somewhat overshadowed by conservative macroeconomic factors built into the company’s fiscal 2026 revenue growth guidance of 6%-10% year-over-year.
The research firm noted that LiveRamp’s fiscal 2026 guidance, even at the low end, was described as containing "a healthy dose of conservatism," particularly regarding potential lengthening of the company’s average sales cycle.
LiveRamp provides a data connectivity platform that enables companies to better connect, control, and activate data across the digital ecosystem.
In other recent news, LiveRamp Holdings Inc. reported a 10% increase in revenue for the fourth quarter of 2025, reaching $189 million. Both earnings per share and revenue surpassed market expectations, highlighting the company’s strong financial performance despite a challenging economic environment. Benchmark analysts responded to these results by raising their price target for LiveRamp to $48, maintaining a Buy rating. This adjustment was influenced by the company’s notable growth in Annual Recurring Revenue and Remaining Performance Obligations, with the latter experiencing its highest sequential growth since fiscal year 2019. Additionally, DA Davidson initiated coverage on LiveRamp with a Buy rating and a $45 price target. The firm emphasized LiveRamp’s significant role in the data collaboration ecosystem and its underappreciated network effects. These developments reflect LiveRamp’s strategic initiatives and innovative product offerings, which have contributed to its robust financial results.
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