LiveRamp (NYSE:RAMP) Announces Quarterly Earnings Results

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

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 Stock Down 0.0%

RAMP stock opened at $29.65 on Monday. LiveRamp has a 12 month low of $21.71 and a 12 month high of $35.20. The firm has a market cap of $1.87 billion, a P/E ratio of 27.97 and a beta of 1.19. The company’s 50-day moving average price is $28.08 and its two-hundred day moving average price is $27.67.

Hedge Funds Weigh In On LiveRamp

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. grew its holdings in shares of LiveRamp by 26.2% during the 4th quarter. Invesco Ltd. now owns 331,032 shares of the company’s stock valued at $9,722,000 after purchasing an additional 68,678 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in LiveRamp during the 4th quarter worth approximately $258,000. State of Tennessee Department of Treasury grew its holdings in LiveRamp by 33.9% during the 4th quarter. State of Tennessee Department of Treasury now owns 47,737 shares of the company’s stock worth $1,402,000 after acquiring an additional 12,086 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in shares of LiveRamp in the 4th quarter worth approximately $391,000. Finally, Mackenzie Financial Corp lifted its position in shares of LiveRamp by 10.3% in the 4th quarter. Mackenzie Financial Corp now owns 149,772 shares of the company’s stock worth $4,454,000 after purchasing an additional 14,026 shares during the period. 93.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

LiveRamp declared that its board has approved a stock repurchase plan on Thursday, February 12th that permits the company to repurchase $200.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 13.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

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.