IAC/InteractiveCorp: Undervalued Enterprise with Resilient Operations and Strategic Growth Potential

IAC/InteractiveCorp is undervalued with strategic growth potential and resilient operations, according to Benchmark Co. Analyst Daniel Kurnos maintained a Buy rating and $60.00 price target, citing the company's enterprise value, digital growth in the People segment, and investments in new technologies. Despite recent challenges, such as margin compression and halted stock buybacks, Kurnos sees potential in the company's strategic initiatives and believes the stock will move upward with the resumption of buybacks.

IAC/InteractiveCorp, a key player in the Communication Services sector, has received a positive evaluation from Wall Street analyst Daniel Kurnos of Benchmark Co. Kurnos maintained a Buy rating on the stock, with a price target of $60.00, citing the company's undervalued enterprise value and strategic growth potential [1].

Despite recent challenges, such as margin compression in the People segment and the temporary halt of stock buybacks, Kurnos sees potential in IAC/InteractiveCorp's strategic initiatives aimed at growth and transformation. The company's enterprise value, when adjusted for its holdings in MGM and Turo, appears undervalued, making it an attractive investment opportunity. Additionally, while the recent quarterly revenue missed expectations, the EBITDA performance was better than anticipated, indicating resilience in the company's operations [1].

Kurnos believes that the digital growth within the People segment, alongside investments in new technologies like D/Cipher+, will contribute to future profitability. The expectation of a resumption in stock repurchases and the current trading valuation further support the Buy rating, as they present an opportunity for upward movement in the stock price [1].

Another analyst, KeyBanc, also maintained a Buy rating on the stock with a $45.00 price target, further validating the positive outlook on IAC/InteractiveCorp [1].

In a separate development, TPG-backed online lending platform Fibe has begun engaging with bankers to raise ₹1,000-1,500 crore through an initial public offering (IPO) and will target a valuation of over a billion dollars [2]. This move comes amidst strong growth, profitability, and rising fintech listings. Fibe's NBFC entity, EarlySalary Services Pvt Ltd, recently raised ₹225 crore in debt from various financial institutions, indicating robust financial health and growth potential [2].

Porch Group, Inc. (PRCH) reported its financial results for the second quarter of 2025, revealing a significant revenue beat and a positive market reaction. The company's earnings per share (EPS) stood at $0.03, surpassing the forecasted -$0.08, while revenue reached $119.2 million, exceeding expectations of $99.39 million [3]. The stock price rose by 2.33% to $13.16 in after-hours trading following the announcement.

In conclusion, the financial outlook for IAC/InteractiveCorp, Fibe, and Porch Group is promising, with analysts and market conditions supporting the potential for growth and profitability in the respective sectors.

References:
[1] https://www.tipranks.com/news/ratings/iac-interactivecorp-undervalued-enterprise-with-strategic-growth-potential-and-resilient-operations-ratings
[2] https://www.livemint.com/companies/start-ups/tpgbacked-fibe-plans-to-raise-up-to-rs-1-500-crore-via-ipo-at-over-1-billion-valuation-11754498172990.html
[3] https://uk.investing.com/news/transcripts/earnings-call-transcript-porch-group-q2-2025-sees-revenue-beat-stock-rises-93CH-4202331