Oppenheimer Reaffirms Their Buy Rating on Integral Ad Science (IAS)

Oppenheimer analyst Jason Helfstein maintained a Buy rating on Integral Ad Science (IAS – Research Report) today and set a price target of $20.00. The company’s shares closed yesterday at $9.47.

Helfstein covers the Communication Services sector, focusing on stocks such as Netflix, Integral Ad Science, and Alphabet Class A. According to TipRanks, Helfstein has an average return of 17.7% and a 51.56% success rate on recommended stocks.

Currently, the analyst consensus on Integral Ad Science is a Strong Buy with an average price target of $16.54, implying a 74.66% upside from current levels. In a report released on May 10, BMO Capital also reiterated a Buy rating on the stock with a $16.00 price target.

Based on Integral Ad Science’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $134.3 million and a net profit of $10.16 million. In comparison, last year the company earned a revenue of $117.44 million and had a net profit of $11.49 million

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IAS in relation to earlier this year.

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Integral Ad Science (IAS) Company Description:

Integral Ad Science Holding Corp is a digital advertising verification company. Its cloud-based technology platform delivers independent measurement and verification of digital advertising across all devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.