LiveRamp Holdings, Inc.

We are updating our price target to $28 to reflect the updated estimates and the prevailing valuation multiple. Our current expectations are: Q4 FY25: We expect subscription revenue of $140m, marketplace & other revenue of $46m…

We are updating our model following Q3 FY25 report. We maintain Neutral rating and adjust our price target to $36 to reflect the updated estimates and the prevailing valuation multiple. Q4 FY25: We expect subscription revenue…

We are updating our model ahead of Q3 FY25 report. Q3 FY25: We expect subscription revenue of $144m, marketplace & other revenue of $48m and total company revenue of $191m. We are modeling adjusted gross profit…

We are updating our model following Q2 FY25 report. We maintain Neutral rating and adjust our price target to $28 to reflect the updated estimates and the prevailing valuation multiple. Q3 FY25: We expect subscription revenue…

we are updating our estimate of subscription revenue for Q2 FY25. Q2 FY25: We expect subscription revenue of $136m, marketplace & other revenue of $40m and total company revenue of $176m. We are modeling adjusted gross…

We are updating our model following Q1 FY25 report. We maintain Neutral rating and adjust our price target to $23.50 to reflect the recent valuation multiple compression. Q2 FY25: We expect subscription revenue of $176m, marketplace…

Q1 FY25: We expect subscription revenue of $134m, marketplace & other revenue of $38m and total company revenue of $172m. We are modeling adjusted gross profit of $128m and non-GAAP operating income of $25m. FY25: We expect…

We are updating our model following Q4 FY24 report. Q1 FY25: We expect subscription revenue of $172m, marketplace & other revenue of $38m and total company revenue of $172m. We are modeling adjusted gross profit of…

Q4 results and Q1 FY25 guidance ahead of expectations, guidance for the full FY25 in line with our model but ahead of the consensus. Looks like the company expects a deceleration in Y/Y revenue growth…

We believe that for the stock to work from here RAMP will have to show a sustained acceleration in organic revenue growth as well as the benefits of the acquisition of Habu. The company has…

We are updating our estimates ahead of Q2FY24 report. We are raising our price target to $28 to reflect the recent prevailing trading EV/Sales multiple. Q2 FY24: We expect subscription revenue of $124m, marketplace &…

We are updating our estimates ahead of Q1 FY24 report. Introducing Q1 FY24 estimates We expect subscription revenue of $120m, marketplace & other revenue of $27m and total company revenue of $147m. We are modeling…

We think that the results and the guidance for Q1 and full FY24 are better than feared following the management’s comments on the previous earnings call. The Marketplace revenue line which is levered to the…

This would have been a usual RAMP quarter with in line results followed by in line guidance for the next quarter if not for the cautious commentary on the likely revenue trajectory in FY24. In…