Shares of LiveRamp (RAMP) have gained 17.4% over the past four weeks to close the last trading session at $25.63, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $45.14 indicates a potential upside of 76.1%. The average comprises seven short-term price targets ranging from a low of $34 to a high of $56, with a standard deviation of $7.36. While the lowest estimate indicates an i ...

LiveRamp's Solution Improves Data Security and Accuracy for Cineverse's Advertisers and Will Be Available to All Matchpoint™ Customers LOS ANGELES, Sept. 4, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced the full integration of LiveRamp's Authenticated Traffic Solution. This cookieless infrastructure will be available to all current and future customers of Matchpoint™, Cineverse's proprietary complete OTT solution that enabl ...

Core Viewpoint - LiveRamp (RAMP) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. LiveRamp's Earnings Outlook - For the fiscal year ending March 2025, LiveRamp is projected to earn $1.63 per share, reflecting a 12.4% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for LiveRamp has risen by 23.3%, indicating a positive trend in earnings expectations [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The upgrade of LiveRamp to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [9].

SAN FRANCISCO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- LiveRamp® (NYSE: RAMP), the leading data collaboration platform, today announced that its Board of Directors increased the Company's share repurchase authorization by $200 million to $1.3 billion and extended the expiration by two years to December 31, 2026. Fiscal year-to-date the Company has repurchased $35 million in stock, including $19 million repurchased during the ongoing fiscal second quarter through August 14, 2024. With this program expansion, the C ...

Financial Data and Key Metrics Changes - Q1 revenue reached $176 million, exceeding guidance by $4 million, with a 14% year-on-year increase [21][22] - Operating income was $27 million, $2 million above guidance, with an operating margin of 15%, up two points year-on-year [21][25] - Annual recurring revenue (ARR) grew by 12% year-on-year, totaling $478 million, with a quarter-on-quarter increase of $11 million [22][23] - Subscription net retention improved to 105%, a two-point increase sequentially [22][25] Business Line Data and Key Metrics Changes - Subscription revenue was $135 million, up 11%, with fixed subscription revenue growing by 12% and subscription usage revenue up by 1% [22][25] - Marketplace and other revenue increased by 28% to $41 million, driven by strong demand in digital advertising, particularly in CTV, which doubled year-on-year [22][24] Market Data and Key Metrics Changes - The digital advertising market showed strength in Q1, benefiting the company's marketplace performance [36] - Data marketplace revenue, which accounted for 78% of marketplace revenue, grew by 23% [24][36] Company Strategy and Development Direction - The company aims to be a "Rule of 40" company, targeting sustainable revenue growth of 10% to 15% [4][19] - Focus on data collaboration opportunities, emphasizing ease of use and building a robust collaboration network [12][20] - Integration of Habu is progressing well, contributing approximately $3 million in revenue [22][39] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic uncertainties affecting customer behavior and sales cycles, leading to cautious spending [5][24][50] - Despite the uncertain environment, the company remains optimistic about long-term growth driven by megatrends in data collaboration and personalized marketing [10][20] Other Important Information - Operating cash flow was negative $9 million due to seasonal working capital movements, expected to normalize over the year [25] - The company repurchased $16 million of stock in Q1, with approximately $142 million remaining under the current authorization [26] Q&A Session Summary Question: What needs to happen for advertisers to better understand and adopt RampID and ATS? - Management noted the need to evangelize the benefits of these technologies, especially in a challenging economic environment [33][34] Question: Can you provide an update on the integration of Habu? - Integration is progressing smoothly, with a robust pipeline and consistent bookings expected [38][39] Question: How does the new cookie deprecation discussion affect clients on the fence? - Clients are not overly concerned, as they believe the market will still move towards authenticated solutions due to economic pressures [58][60] Question: What is the outlook for the marketplace related to Oracle? - The company expects a net positive impact from Oracle, with incremental data marketplace gains anticipated to outweigh subscription revenue [54][56]

LiveRamp (RAMP) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 12.90%. A quarter ago, it was expected that this dataservices company would post earnings of $0.23 per share when it actually produced earnings of $0.25, delivering a surprise of 8.70%. Over the last four quarters, the co ...

Core Viewpoint - LiveRamp, a leading global data collaboration platform, is set to release its fiscal 2025 first quarter financial results on August 7, 2024, followed by a conference call to discuss these results [2]. Group 1: Financial Results Announcement - The financial results for the first quarter of fiscal 2025 will be released after the financial markets close on August 7, 2024 [2]. - A conference call to discuss the financial results will take place on the same day at 1:30 p.m. PT [2]. Group 2: Conference Call Access - The conference call can be accessed via telephone by dialing (800) 715-9871 or (646) 307-1963, with the conference call ID being 4779146 [3]. - A live webcast of the conference call will be available on the LiveRamp Investor Relations website [5]. Group 3: Company Overview - LiveRamp is recognized as the data collaboration platform of choice for innovative companies, focusing on consumer privacy, data ethics, and foundational identity [4]. - The company provides a connected customer view while ensuring brand and consumer trust, allowing for collaboration across various data use cases [4]. - LiveRamp serves a diverse range of global innovators, including consumer brands, tech platforms, retailers, financial services, and healthcare leaders, enhancing customer engagement and maximizing the value of first-party data [4].

Core Viewpoint - LiveRamp Holdings, Inc. is well-positioned to capitalize on the increasing demand for secure first-party data collaboration, which is essential for addressable digital advertising in the context of third-party signal loss [4][7]. Financial Performance - LiveRamp's revenue increased significantly from $148.6 million in March 2023 to $171.9 million in March 2024, driven by a more productive sales force and a growing digital advertising market [6]. - The company's gross margin remained stable at around 72-74% throughout the year, indicating effective cost management despite fluctuating costs of revenue [6]. - Operating income peaked at $16.5 million in December 2023 but fell to -$8.7 million in March 2024 due to higher performance-based compensation and costs associated with the acquisition of Habu [6][10]. - The profit margin experienced fluctuations, reaching -3.13% in March 2024 after a positive period in December 2023, reflecting ongoing challenges in balancing growth with profitability [6][10]. Opportunities - LiveRamp plans to enhance its data collaboration platform and partner ecosystem, particularly through the integration of Habu's Clean Room technology, which has received positive customer feedback [7]. - A potential partnership with Google's DSP, Display & Video 360, aims to enable secure alignment of first-party data for personalized advertising, which is crucial as third-party cookies phase out [7]. Challenges - The delay in Google's third-party cookie changes to early 2025 creates uncertainty for LiveRamp's PAIR implementation and may disrupt customer advertising strategies [8]. - The competitive environment necessitates continuous product upgrades and customer loyalty, requiring the company to excel in customer care and technological advancements [8]. Valuation - LiveRamp's gross margin of 72.79% is significantly higher than the sector median of 48.96%, indicating strong profitability and effective cost management [14]. - The company's P/E ratio of 211.4 is substantially above the sector's 30.55, reflecting high market expectations for future growth, while the P/S ratio is relatively close to the sector median [14]. - Adjustments to the P/E and P/S ratios suggest that investing in LiveRamp is advantageous given its growth prospects in the digital advertising sector [14].

Here's one thing that could be holding shares back from more gains. Shares of advertising technology company LiveRamp Holdings (RAMP 8.84%) jumped higher on Thursday after the company reported financial results for its fiscal fourth quarter of 2024. As of 11 a.m. ET today, LiveRamp stock was up almost 11%. Another good quarter for LiveRamp Without getting into the nitty gritty, LiveRamp's platform provides data for advertisers that's important as digital advertising transitions away from third-party identif ...

LiveRamp Holdings, Inc. (NYSE:RAMP) Q4 2024 Earnings Conference Call May 22, 2024 4:30 PM ET Company Participants Drew Borst - VP of IR Scott Howe - CEO Lauren Dillard - CFO Conference Call Participants Shyam Patil - Susquehanna Jason Kreyer - Craig-Hallum Capital Group Elizabeth Porter - Morgan Stanley Mark Zgutowicz - Benchmark Peter Burkly - Evercore ISI Brian Fitzgerald - Wells Fargo Operator Good afternoon ladies and gentlemen, and welcome to LiveRamp's Fiscal 2024 Fourth Quarter Earnings Call. [Operat ...