IAC: Could Be An Inflection Point With OpenAI Deal Inked [Seeking Alpha]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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US:NASDAQ Investor Relations:
iac.com/investor-relations/overview
Company Research
Source: Seeking Alpha
Jul. 05, 2024 9:00 AM ET IAC Inc. (IAC) Stock ANGI Valkyrie Trading Society Investing Group Leader Follow Summary IAC is undergoing major cost control and restructuring efforts, with a focus on improving profitability across all businesses, including Angi and DDM. Moreover, they have inked a deal with OpenAI who will pay them for the license to their content, which will translate at high margin into profits. We have reduced the P/S on DDM for conservativeness compared to last article, but the upside is just growing further as IAC reaches close to all-time lows. We are sounding a buy alert, and would buy ourselves if only cash were available. NASDAQ: IAC Recommended For You About IAC Stock More on IAC Related Stocks Trending Analysis Trending News
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News
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IAC
Earnings
- 8/6/24 - Miss
IAC
Sec Filings
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- IAC's page on the SEC website