AllAnalyst Report
logoMorningstarMay 11, 2022

IAC Inc.: IAC Reports Strong Q1 Revenue; Views Market for Acquisitions Attractive; Shares Undervalued

Symbols
IAC
Sector(s)
Communication Services
Rating
Current Price
$48.00
Fair Value
Economic Moat
Stewardship
Summary

IAC is an Internet media company with segments that include Angi (47% of total revenue), Dotdash (10%), search (24%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider Match Group in second-quarte

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Analyst Profile

Ali Mogharabi

Senior Equity Analyst
Ali Mogharabi is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers Internet and software companies.Before joining Morningstar in 2016, Mogharabi was a senior equity analyst for Singular Research, where he covered the technology and biotechnology sectors. His previous experience also includes roles as a senior equity analyst for B. Riley & Co., associate analyst for Roth Capital Partners, sales consultant for Oracle, and business development consultant for Aerospike.Mogharabi holds a bachelor’s degree in economics from the University of California, San Diego; a master’s degree in business administration from University of California, Irvine; and a master’s degree in applied economics from the University of Michigan.