LiveRamp (NYSE:RAMP) Issues Quarterly Earnings Results, Beats Estimates By $0.03 EPS

LiveRamp (NYSE:RAMP) posted its quarterly earnings results on Monday. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.03, FiscalAI reports. The business had revenue of $206.09 million for the quarter, compared to analysts’ expectations of $205.49 million. LiveRamp had a return on equity of 6.40% and a net margin of 8.64%.

Here are the key takeaways from LiveRamp’s conference call:

• Publicis announced an all-cash agreement to acquire LiveRamp for an enterprise value of about $2.17 billion, with closing expected by year-end 2026 pending regulatory and shareholder approvals.
• Management said the deal should be accretive to headline EPS from the first year and estimated a roughly 2.9% positive impact on 2026 EPS on a fully diluted basis.
• The acquisition is positioned as a strategic move into a new data co-creation market for AI and agentic transformation, which management framed as a large opportunity tied to helping clients build smarter, more differentiated agents.
• Publicis expects at least $50 million of run-rate cost savings from public company cost elimination, shared services, procurement, and continuing LiveRamp’s margin improvement plan. Management also said LiveRamp will remain an independent, neutral, interoperable platform with Scott Howe continuing as CEO.
• The deal leads Publicis to raise its 2027/2028 objectives to constant-currency net revenue growth of 7%-8% and headline EPS growth of 8%-10%, up from prior targets of 6%-7% and 7%-9%.

LiveRamp Trading Down 0.0%

Shares of RAMP opened at $29.65 on Monday. LiveRamp has a 1 year low of $21.71 and a 1 year high of $35.20. The stock has a market cap of $1.87 billion, a P/E ratio of 27.97 and a beta of 1.19. The stock’s 50-day moving average price is $28.08 and its two-hundred day moving average price is $27.67.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Evercore assumed coverage on LiveRamp in a report on Tuesday, March 24th. They issued an “outperform” rating and a $37.00 price target on the stock. DA Davidson decreased their price target on LiveRamp from $45.00 to $35.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Benchmark reduced their target price on LiveRamp from $53.00 to $38.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. Wells Fargo & Company raised their target price on LiveRamp from $34.00 to $38.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of LiveRamp in a report on Friday, March 27th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, LiveRamp currently has a consensus rating of “Hold” and a consensus target price of $39.00.

LiveRamp declared that its Board of Directors has initiated a share buyback program on Thursday, February 12th that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 13.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Hedge Funds Weigh In On LiveRamp

Several institutional investors have recently modified their holdings of the business. Lido Advisors LLC raised its position in LiveRamp by 4.8% in the 4th quarter. Lido Advisors LLC now owns 9,418 shares of the company’s stock valued at $261,000 after buying an additional 429 shares during the last quarter. Engineers Gate Manager LP raised its position in LiveRamp by 0.5% in the 2nd quarter. Engineers Gate Manager LP now owns 113,424 shares of the company’s stock valued at $3,748,000 after buying an additional 561 shares during the last quarter. US Bancorp DE raised its position in LiveRamp by 8.8% in the 3rd quarter. US Bancorp DE now owns 6,944 shares of the company’s stock valued at $188,000 after buying an additional 564 shares during the last quarter. California State Teachers Retirement System raised its position in LiveRamp by 1.1% in the 2nd quarter. California State Teachers Retirement System now owns 61,432 shares of the company’s stock valued at $2,030,000 after buying an additional 640 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in LiveRamp by 1.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,234 shares of the company’s stock valued at $999,000 after buying an additional 677 shares during the last quarter. Institutional investors own 93.83% of the company’s stock.

LiveRamp Company Profile

LiveRamp Holdings, Inc is a leading provider of data connectivity and identity resolution services for marketers, publishers and platforms. The company’s core technology enables organizations to link disparate data sources—such as CRM systems, web engagements and offline transaction records—into a single, privacy-safe view of individual consumers. By standardizing and anonymizing identifiers, LiveRamp’s platform facilitates targeted media activation, measurement and analytics across digital, mobile, addressable TV and offline channels.

The company offers a suite of products designed to support every stage of the data lifecycle.