Wells Fargo (NYSE:WFC) analyst Brian Fitzgerald reiterated a Buy rating on IAC/InterActive on Thursday, setting a price target of $175, which is approximately 17.88% above the present share price of $148.45.
Fitzgerald expects IAC/InterActive to post earnings per share (EPS) of $2.18 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in IAC/InterActive, with an average price target of $174.18.
The analysts price targets range from a high of $200 to a low of $150.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $829.55 million and a net profit of -$28.42 million. The company's market cap is $11.78 billion.
According to TipRanks.com, Wells Fargo analyst Brian Fitzgerald is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 33.9% and a 71.85% success rate.
IAC is an Internet media company with segments that include ANGI Homeservices (NASDAQ:ANGI) (51% of total revenue), Vimeo (NASDAQ:VMEO) (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.