Despite acquiring successful businesses, IAC Inc.'s stock has declined, facing profitability concerns and dropping estimates.
From Zacks Investment Research: 2025-06-20 05:00:00
IAC Inc. has seen a continued stock decline despite acquiring successful businesses, with spinoffs like Match Group and Vimeo falling 40% in the last three years. Profitability concerns linger as IAC is projected to post an adjusted loss of -$2.23 a share in fiscal 2025. While their digital printing businesses show strength, their medical subsidiary Care.com faces challenges affecting the bottom line. With estimates dropping over 30% in the last 60 days, IAC’s long-standing strategy to unlock shareholder value through spinoffs has not panned out, raising doubts about their future growth prospects.
Read more at Zacks Investment Research: Bear of the Day: IAC Inc (IAC) – June 20, 2025