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

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

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 Price Performance

RAMP opened at $29.65 on Monday. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 27.97 and a beta of 1.19. The firm has a 50 day simple moving average of $28.08 and a 200 day simple moving average of $27.67. LiveRamp has a fifty-two week low of $21.71 and a fifty-two week high of $35.20.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On LiveRamp

A number of institutional investors and hedge funds have recently modified their holdings of the business. Lido Advisors LLC raised its stake in shares of LiveRamp by 4.8% during the fourth quarter. Lido Advisors LLC now owns 9,418 shares of the company’s stock worth $261,000 after buying an additional 429 shares during the last quarter. Engineers Gate Manager LP increased its stake in LiveRamp by 0.5% in the second quarter. Engineers Gate Manager LP now owns 113,424 shares of the company’s stock valued at $3,748,000 after purchasing an additional 561 shares in the last quarter. US Bancorp DE increased its stake in LiveRamp by 8.8% in the third quarter. US Bancorp DE now owns 6,944 shares of the company’s stock valued at $188,000 after purchasing an additional 564 shares in the last quarter. California State Teachers Retirement System increased its stake in LiveRamp by 1.1% in the second quarter. California State Teachers Retirement System now owns 61,432 shares of the company’s stock valued at $2,030,000 after purchasing an additional 640 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in LiveRamp by 1.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,234 shares of the company’s stock valued at $999,000 after purchasing an additional 677 shares in the last quarter. 93.83% of the stock is owned by institutional investors.

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 repurchase up to 13.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management 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.