IAC Inc. Has Surged Over 25% In Six Months, Here Is Why?

IAC Inc. (NASDAQ:IAC) is one of the 10 Best Internet Content and Information Stocks to Buy. 

Over the past six months, IAC Inc. (NASDAQ:IAC) has surged over 25%, and in the last month, the shares rose over 9.50%. Comparing the 19.50% return in the one-year period as of April 13, with the five-year negative returns of over 71% suggest modest positive momentum.

IAC is continuing to clean its portfolio and focus on its exposure around People Inc. and MGM Resorts stake. On March 2, IAC announced an agreement to sell its Care.com business to an affiliate of Pacific Avenue Capital Partners in an all-cash deal worth nearly $320 million. The transaction is expected to close during the second half of 2026.

For IAC, this is an intentional move as the CFO, Christopher Halpin, has been vocal about enhancing the operations of People Inc. and its MGM stake. The sale of Care.com sets IAC on its path to monetizing non-core assets to simplify the portfolio and create financial flexibility.

Care.com brings in cash proceeds of $320 million, which means that the company can strengthen its balance sheet, either return the capital to shareholders or invest in higher-conviction plans.

Out of 14 analysts covering IAC, 11 rate the stock as a Buy, while 3 have a Hold rating. The median price target of $46.50 indicates an upside potential of more than 13.80%.

IAC Inc. (NASDAQ:IAC), along with its subsidiaries, operates as a media and internet company worldwide. The company owns, operates, and builds over 150 digital products across media, the internet, and services. IAC Inc. was formerly known as IAC/InterActiveCorp. and is headquartered in New York.

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