LiveRamp Holdings Inc Dossier
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SectorInformation Technology IndustrySoftware - Infrastructure Beta (adjusted)1.17 Intrinsic Value $27.44median of 5 methods · middle span $15-$30based on filings through 30 Jun 2026 Market Price $37.70Price as of 1 Oct 2026 OvervaluedIntrinsic value is 27% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $2.3B Enterprise Value $1.9B Shares Outstanding 60.2M diluted Moat Rating Narrow Next Earnings Date31 Dec 2026 Last ex-dividend19 Aug 2008 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary LiveRamp has entered into a definitive agreement to be acquired by Publicis Groupe for $38.50 per share in cash, representing an equity value of approximately $2.55 billion and an enterprise value of $2.17 billion. The transaction represents a 29.8% premium to LiveRamp's closing price on May 15, 2026, prior to the announcement. Given that the transaction has been unanimously approved by both boards and is expected to close by the end of calendar year 2026, the stock is highly likely to trade close to the acquisition price of $38.50. Therefore, a 'Hold' recommendation is appropriate as the stock's upside is capped by the cash offer, while downside risk is mitigated by the definitive merger agreement. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$38.00 Mean target$40.58 High · most bullish analyst$50.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $38.00 The merger fails to close due to regulatory hurdles (such as antitrust or CFIUS challenges) or failure to obtain shareholder approval. In this scenario, the stock would likely fall back to its pre-announcement trading range of $22.00 to $25.00, reflecting standalone fundamentals and the loss of the acquisition premium. Base CaseCentral scenario $40.58 Matches the consensus meanThe transaction closes by the end of calendar year 2026 as planned, subject to customary closing conditions, including shareholder and regulatory approvals. The stock trades slightly below the $38.50 offer price, reflecting a minimal merger arbitrage spread. Bull CaseUpside scenario $50.00 The acquisition proceeds smoothly and closes ahead of schedule before the end of 2026. Regulatory clearances are obtained without restrictive conditions, and the stock trades exactly at the $38.50 cash buyout price. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
Thesis Invalidation Triggers
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |