Wedbush analyst Ygal Arounian maintained a Buy rating on IAC/InterActive on Wednesday, setting a price target of $193, which is approximately 21.58% above the present share price of $158.74.
Arounian expects IAC/InterActive to post earnings per share (EPS) of $3.70 for the second quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in IAC/InterActive, with an average price target of $259.55.
The analysts price targets range from a high of $302 to a low of $185.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $875.99 million and a net profit of -$11.83 million. The company's market cap is $22.52 billion.
According to TipRanks.com, Wedbush analyst Ygal Arounian is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 36.8% and a 64.60% success rate.
IAC is an Internet media company with segments that include ANGI Homeservices (NASDAQ:ANGI) (51% of total revenue), Vimeo (9%), Dotdash (7%), applications (14%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider, Match Group (NASDAQ:MTCH), in second-quarter 2020.