People (PPLI)


Market Price (11/5/2026): $41.9 | Market Cap: $3.1 BilSector: Communication Services | Industry: Interactive Media & Services

People (PPLI)


Market Price (11/5/2026): $41.9
Market Cap: $3.1 Bil
Sector: Communication Services
Industry: Interactive Media & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Low stock price volatility
Vol 12M is 35%

Weak multi-year price returns
2Y Excs Rtn is -48%, 3Y Excs Rtn is -83%

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.04, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.9%, Rev Chg QQuarterly Revenue Change % is -3.6%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -16%

Key risks
PPLI key risks include [1] intense competition across its diverse portfolio of digital businesses and [2] the operational and integration challenges inherent in its strategy of managing a complex portfolio through acquisitions and divestitures.

0 Low stock price volatility
Vol 12M is 35%
1 Weak multi-year price returns
2Y Excs Rtn is -48%, 3Y Excs Rtn is -83%
2 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.04, Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15%
3 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.9%, Rev Chg QQuarterly Revenue Change % is -3.6%
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -16%
5 Key risks
PPLI key risks include [1] intense competition across its diverse portfolio of digital businesses and [2] the operational and integration challenges inherent in its strategy of managing a complex portfolio through acquisitions and divestitures.

PPLI in ETFs

Weight = PPLI's share of each fund

VTI0.00%
ITOT0.00%
IWB0.00%
IJR0.13%
VB0.03%
VIOV0.29%
IJS0.24%
SLYV0.24%
+8 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 11/4/2026

People (PPLI) stock has remained largely at the same level since 7/31/2026 because of the following key factors:

1. Massive Unrealized Loss from MGM Resorts Investment.

People Incorporated reported a net loss of $687.5 million in fiscal Q3 2026, a significant increase from the $21.9 million loss in Q3 2025. This substantial loss was primarily driven by a $1.12 billion unrealized loss on its investment in MGM Resorts International during the quarter. This non-cash charge significantly impacted the company's reported earnings per share, which was a GAAP loss of $9.15, well below the analysts' consensus estimate of -$0.19.

2. Underperforming Core Media Business with AI Headwinds.

The company's core media business faced significant headwinds, with total revenue declining 4% year-over-year to $430.8 million in fiscal Q3 2026, falling short of analyst estimates. This decline was largely attributed to accelerated pressure on session-based digital advertising revenue, as core web sessions dropped 26% year-over-year. Management linked this decline to the growing impact of AI-oriented search and content discovery, particularly Google's AI Overviews, affecting a substantial portion of search queries.

Show more
Updated on 11/4/2026

People (PPLI) stock has remained largely at the same level since 7/31/2026 because of the following key factors:

1. Massive Unrealized Loss from MGM Resorts Investment.

People Incorporated reported a net loss of $687.5 million in fiscal Q3 2026, a significant increase from the $21.9 million loss in Q3 2025. This substantial loss was primarily driven by a $1.12 billion unrealized loss on its investment in MGM Resorts International during the quarter. This non-cash charge significantly impacted the company's reported earnings per share, which was a GAAP loss of $9.15, well below the analysts' consensus estimate of -$0.19.

2. Underperforming Core Media Business with AI Headwinds.

The company's core media business faced significant headwinds, with total revenue declining 4% year-over-year to $430.8 million in fiscal Q3 2026, falling short of analyst estimates. This decline was largely attributed to accelerated pressure on session-based digital advertising revenue, as core web sessions dropped 26% year-over-year. Management linked this decline to the growing impact of AI-oriented search and content discovery, particularly Google's AI Overviews, affecting a substantial portion of search queries.

3. Strategic Financial Maneuvers and Capital Returns.

Despite operational and investment losses, People Incorporated undertook strategic financial actions that likely provided some stability to the stock. On August 4, 2026, the company completed a fund-stake sale, generating $185.1 million in net proceeds and recording a $174.9 million pre-tax gain. Additionally, management has been actively repurchasing shares, with 12.5 million shares remaining under authorization as of September 30, 2026, and initiated a 6% workforce reduction in October 2026 aimed at improving cost efficiency.

4. Mixed Analyst Sentiment and Valuation Perception.

Following the fiscal Q3 2026 earnings report, several analysts revised their price targets downward for People Incorporated. However, many maintained "Buy" or "Hold" ratings, with an average price target still implying potential upside from the stock's prevailing levels. This mixed analyst sentiment, alongside the perception by some that the company's non-MGM private holdings are undervalued, contributed to preventing a more severe downturn in the stock's price despite the challenging quarterly results.

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Stock Movement Drivers

Fundamental Drivers

The 1.0% change in PPLI stock from 7/31/2026 to 11/4/2026 was primarily driven by a 2.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)731202611042026Change
Stock Price ($)41.5741.991.0%
Change Contribution By: 
Total Revenues ($ Mil)2,4052,382-0.9%
P/S Multiple1.31.3-0.2%
Shares Outstanding (Mil)77752.2%
Cumulative Contribution1.0%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/4/2026
ReturnCorrelation
PPLI1.0% 
Market (SPY)2.6%39.5%
Sector (XLC)-3.0%39.0%

Fundamental Drivers

The -5.8% change in PPLI stock from 4/30/2026 to 11/4/2026 was primarily driven by a -6.0% change in the company's P/S Multiple.
(LTM values as of)430202611042026Change
Stock Price ($)44.5641.99-5.8%
Change Contribution By: 
Total Revenues ($ Mil)2,4642,382-3.3%
P/S Multiple1.41.3-6.0%
Shares Outstanding (Mil)78753.7%
Cumulative Contribution-5.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/4/2026
ReturnCorrelation
PPLI-5.8% 
Market (SPY)7.0%25.4%
Sector (XLC)-9.7%41.5%

Fundamental Drivers

The 30.3% change in PPLI stock from 10/31/2025 to 11/4/2026 was primarily driven by a 17.3% change in the company's P/S Multiple.
(LTM values as of)1031202511042026Change
Stock Price ($)32.2241.9930.3%
Change Contribution By: 
Total Revenues ($ Mil)2,2882,3824.1%
P/S Multiple1.11.317.3%
Shares Outstanding (Mil)80756.8%
Cumulative Contribution30.3%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/4/2026
ReturnCorrelation
PPLI30.3% 
Market (SPY)13.4%34.1%
Sector (XLC)-7.8%41.2%

Fundamental Drivers

The -1.3% change in PPLI stock from 10/31/2023 to 11/4/2026 was primarily driven by a -49.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)1031202311042026Change
Stock Price ($)42.5541.99-1.3%
Change Contribution By: 
Total Revenues ($ Mil)4,7432,382-49.8%
P/S Multiple0.71.377.7%
Shares Outstanding (Mil)837510.6%
Cumulative Contribution-1.3%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/4/2026
ReturnCorrelation
PPLI-1.3% 
Market (SPY)89.7%44.7%
Sector (XLC)67.3%43.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PPLI Return-31%-66%18%-18%-9%7%-78%
Peers Return13%-25%42%-4%9%-5%19%
S&P 500 Return27%-19%24%23%16%11%102%

Monthly Win Rates [3]
PPLI Win Rate33%25%58%33%50%64% 
Peers Win Rate60%42%68%52%55%51% 
S&P 500 Win Rate75%42%67%75%67%36% 

Max Drawdowns [4]
PPLI Max Drawdown-53%-70%-40%-28%-37%-25% 
Peers Max Drawdown-26%-42%-23%-27%-26%-34% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NYT, NWSA, YELP, BFAM, SCHL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/4/2026 (YTD)

How Low Can It Go

EventPPLIS&P 500
2025 US Tariff Shock
  % Loss-29.9%-18.8%
  % Gain to Breakeven42.6%23.1%
  Time to Breakeven450 days79 days
2020 COVID-19 Crash
  % Loss-44.6%-33.7%
  % Gain to Breakeven80.7%50.9%
  Time to Breakeven47 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-21.7%-19.2%
  % Gain to Breakeven27.7%23.8%
  Time to Breakeven48 days105 days

Compare to NYT, NWSA, YELP, BFAM, SCHL

In The Past

People's stock fell -29.9% during the 2025 US Tariff Shock. Such a loss loss requires a 42.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPPLIS&P 500
2025 US Tariff Shock
  % Loss-29.9%-18.8%
  % Gain to Breakeven42.6%23.1%
  Time to Breakeven450 days79 days
2020 COVID-19 Crash
  % Loss-44.6%-33.7%
  % Gain to Breakeven80.7%50.9%
  Time to Breakeven47 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-21.7%-19.2%
  % Gain to Breakeven27.7%23.8%
  Time to Breakeven48 days105 days

Compare to NYT, NWSA, YELP, BFAM, SCHL

In The Past

People's stock fell -29.9% during the 2025 US Tariff Shock. Such a loss loss requires a 42.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About People (PPLI)

IAC/InterActiveCorp operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle. It also operates a digital marketplace that connects home service professionals with consumers for repairing, remodeling, cleaning, landscaping, maintenance, and enhancement services under the Angi Ads, Angi Leads, and Angi Services brands. In addition, the company operates websites that offer general search services and information, including Ask.com, a search site with a variety of fresh and contemporary content; Reference.com that offers content across select vertical categories; Consumersearch.com, which offers content designed to simplify the product research process; and Shopping.net, a vertical shopping search site that contains a mix of search services and/or content targeted to various user or segment demographics, as well as offers direct-to-consumer downloadable desktop applications. Further, it offers Care.com, an online destination for families to connect with caregivers for their children, aging parents, pets, and homes; develops and provides subscription mobile applications across the communication, language, weather, business, health, and lifestyle verticals; a technology driven staffing platform for flexible W-2 work under the Bluecrew name; a platform to connect healthcare professionals with job opportunities under the Vivian Health name; The Daily Beast, a website dedicated to news, commentary, culture, and entertainment that publishes original reporting and opinion; and production and producer services for feature films for sale and distribution through theatrical releases and video-on-demand services. The company was formerly known as IAC HOLDINGS, INC. IAC/InterActiveCorp is headquartered in New York, New York.

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The key risks for People (symbol: PPLI), which operates as a diversified media and internet company, are primarily driven by the highly competitive and dynamic nature of its various digital segments, its reliance on digital advertising, and the complexities inherent in managing a broad portfolio of businesses.

  1. Intense Competition Across Diversified Digital Segments: People operates across numerous highly competitive digital markets, including digital publishing (e.g., PEOPLE, Food & Wine), home services (Angi), care services (Care.com), and search (Ask.com). Each of these segments faces intense competition from established players, numerous startups, and evolving consumer preferences, which can challenge market share, user acquisition, and pricing power across its diverse offerings.
  2. Sensitivity to Digital Advertising Market Fluctuations and Platform Changes: A substantial portion of People's revenue, particularly from its digital content, publishing, and search properties, is derived from advertising and performance marketing. This exposes the company to risks associated with macroeconomic downturns impacting advertising spending, changes in internet search engine algorithms that can affect traffic and visibility, and evolving data privacy regulations that may limit ad targeting capabilities and effectiveness.
  3. Operational and Integration Risks Associated with its Multi-Faceted Business Strategy: People, formerly IAC/InterActiveCorp, has a history of building and managing a diverse portfolio of businesses through acquisitions and divestitures, as exemplified by its significant minority stake in MGM Resorts International. This strategy carries inherent risks related to successfully integrating new businesses, effectively allocating capital across varied segments, and making sound strategic decisions, such as large acquisition bids that can impact investor confidence and financial performance.

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The rapid integration of generative artificial intelligence (AI) into dominant search engines and content creation platforms poses a significant threat. This could fundamentally alter how users find information, potentially making IAC's traditional search properties (Ask.com, Reference.com, Consumersearch.com) less relevant. Concurrently, the increasing capability of AI to generate high-quality content could intensify competition and devalue human-created content, thereby threatening IAC's digital content publishing arm (articles, illustrations, videos, magazines, The Daily Beast).

Another emerging threat comes from large retail chains, particularly in the home improvement sector, increasingly expanding their direct-to-consumer home service offerings. By leveraging their established customer base and brand trust, these retailers can provide competing services directly to consumers, thereby bypassing and threatening the marketplace model of IAC's Angi (Angi Ads, Angi Leads, Angi Services) brands.

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For the public company People (symbol: PPLI), which operates as IAC/InterActiveCorp, the addressable markets for its main products and services are sized as follows:

  • Home Services (Angi): The total addressable market for home services in the U.S. was estimated at $657 billion in 2022 by Angi's own report. More recently, in February 2026, U.S. spending on home services was approximately $700 billion. The U.S. home services market was valued at USD 842.04 billion in 2026 and is projected to reach USD 989.22 billion by 2031.
  • Family Care Services (Care.com): The addressable market for family care in the U.S. was estimated at $300 billion as of 2020.
  • Digital Content and Media (publishing, content sites like The Daily Beast): The global digital media market size was valued at USD 1,120 billion in 2025 and is expected to reach USD 3,850 billion by 2035. North America accounted for approximately 38% of the global digital media market.
  • Online Staffing and Recruitment (Bluecrew, Vivian Health): The global online recruitment market size was valued at USD 40.57 billion in 2025 and is expected to reach USD 103.33 billion by 2035. The global on-demand staffing market was valued at $74.6 billion in 2025 and is projected to reach $178.4 billion by 2034. The global gig economy market, a broader category, is valued at $674.1 billion in 2026.
  • Subscription Mobile Applications: Global consumer spending on subscription apps is estimated at around $205–210 billion in 2026. The global mobile application market size is estimated to reach $378 billion in 2026.
  • Feature Film Production: The global film and video production market stood at USD 316.37 billion in 2026 and is projected to reach USD 443.67 billion by 2035.

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Expected Drivers of Future Revenue Growth for People Incorporated (PPLI)

People Incorporated (PPLI), formerly IAC/InterActiveCorp, is focusing on several key areas to drive revenue growth over the next 2-3 years, including the strategic expansion of its digital publishing arm, a significant transformation within its home services segment, and increased strategic involvement with MGM Resorts International.

1. Expansion of Dotdash Meredith's Digital Revenue

People Incorporated's publishing segment, Dotdash Meredith, is projected to achieve mid- to high-single-digit digital revenue growth in 2026. This growth is expected to be driven by a sharpened focus and increased investment in its core digital brands, such as People, Allrecipes, Health, InStyle, Martha Stewart, and Verywell Mind. The company's strategy emphasizes high-quality, fast-loading content and a business model that prioritizes user engagement by reducing intrusive advertisements. Furthermore, the innovative, cookie-independent ad targeting solution, D/Cipher, is enhancing ad performance and expanding audience reach, contributing significantly to digital advertising revenue. Social-first storytelling and branded entertainment are also playing a role in scaling these core brands.

2. Angi's Strategic Pivot to Transactional Services and AI-Driven Efficiencies

Angi, the company's home services marketplace, is undergoing a significant strategic shift from a lead-referral model to a transactional services model, aiming to capture more of the overall project value in categories like cleaning and HVAC. This pivot is expected to contribute to a return to mid-single-digit revenue growth, projected to begin in 2025 or 2026. Key initiatives include scaling marketplace liquidity, implementing AI-driven matching for improved efficiency, and rolling out recurring maintenance subscriptions to boost customer lifetime value. Angi is also adopting an "AI-first" operating model to automate workflows for professionals, with an ambitious long-term goal to reach $5 billion in revenue. Strategic retail partnerships, such as those with Walmart and Lowe's, for point-of-sale booking of installation services, are also anticipated to drive growth.

3. Increased Strategic Involvement with MGM Resorts International

People Incorporated holds a significant minority stake in MGM Resorts International and recently made a non-binding proposal to acquire a controlling interest, aiming for just over 50.1% ownership. This increased strategic involvement is based on the belief that MGM's "real world assets" are resilient to AI disruption and offer "exceptional digital growth opportunities," particularly in online gaming through ventures like BetMGM. While the direct revenue impact on People Incorporated depends on the finalization of any acquisition, a controlling stake would lead to a larger share of MGM's financial performance being reflected in People Incorporated's results, leveraging MGM's strong revenue performance, including its record net revenue in Q1 2026.

4. Cost Reduction and Operational Streamlining

The company is undergoing a corporate consolidation and streamlining of its operations, focusing on core assets and divesting non-core businesses like Care.com and the search segment. These actions are expected to generate over $40 million in annual operating expense savings and reduce stock-based compensation by $20-$25 million. By simplifying its structure and concentrating resources on its most promising segments, People Incorporated aims to improve overall profitability and free up capital for reinvestment in key growth drivers, ultimately enhancing revenue generation from its core operations.

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Share Repurchases

  • Since the beginning of 2025, People Incorporated (formerly IAC) repurchased 13% of its equity, with cumulative spending reaching $448 million by Q1 2026.
  • Between August 6, 2025, and October 31, 2025, the company repurchased 7.3 million common shares for an aggregate of $300 million.
  • As of October 31, 2025, the company had 6.4 million shares remaining in its share repurchase authorization.

Share Issuance

No information available.

Inbound Investments

No information available.

Outbound Investments

  • In Q1 2026, People Incorporated purchased an additional 1 million MGM shares for $37 million.
  • As of October 31, 2025, the company held 64.7 million shares of MGM, valued at $2.1 billion, representing a 24% stake.
  • On June 1, 2026, People Incorporated proposed to acquire all remaining outstanding shares of MGM Resorts International that it does not already own for $48.30 per share in cash, aiming to take MGM private with over 50% control.

Capital Expenditures

  • Capital expenditures for the trailing twelve months amounted to approximately -$19.20 million.

Better Bets vs. People (PPLI)

Peer Outperformance in Interactive Media & Services

PPLI has trailed 53% of its 32 Interactive Media & Services peers over 5Y. Among the peers that beat it is CARG. Interactive Media & Services ranks 5th of 9 industries in Communication Services by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Interactive Media & Services constituents that PPLI has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
98%
of 40 industry peers · 31.2% return
3Y
66%
of 35 industry peers · -6.3% return
5Y
47%
of 32 industry peers · -72.0% return
Interactive Media & Services peers with revenue growth within 4pp of PPLI's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
PPLI People -4.9% -9.6x 31.2%-6.3%-72.0% —
CARG CarGurus -1.8% 18.7x 7.5%95.6%2.2% +74pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Communication Services sector, ranked by 5Y. Interactive Media & Services is PPLI's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Wireless Telecommunication Services 3 -8.2%13.5%36.5% ECHO 280% · TMUS 36%
Publishing 5 19.3%9.4%12.5% NYT 37% · NWSA 36%
Movies & Entertainment 23 17.3%48.9%-28.0% IMAX 163% · CNK 102% · BATRA 83%
Integrated Telecommunication Services 21 -14.5%11.9%-28.3% GSAT 234% · AD 122% · TDS 111%
Interactive Media & Services ← 33 -28.1%-30.1%-68.6% GOOGL 97% · META 89% · CARG 2%
Broadcasting 14 -7.0%-19.9%-70.1% FOXA 79% · NXST 35% · SIRI -37%
Interactive Home Entertainment 8 -40.8%-58.4%-70.2% TTWO 8% · RBLX -40% · PINS -51%
Alternative Carriers 4 -33.4%16.5%-70.4% IRDM 11% · LUMN -64%
Advertising 18 -30.7%-7.3%-74.1% APP 176% · OMC 55% · STGW 12%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PPLINYTNWSAYELPBFAMSCHLMedian
NamePeople New York.News CorpYelp Bright H.Scholast. 
Mkt Price41.9066.6530.4522.1356.3738.4140.15
Mkt Cap3.110.816.61.22.70.72.9
Rev LTM2,3823,0469,0281,4733,0671,5732,714
Op Inc LTM665091,14217329325233
FCF LTM99593811297253-14275
FCF 3Y Avg16149964128423438259
CFO LTM1316261,23735035638353
CFO 3Y Avg1865311,03732533091328

Growth & Margins

PPLINYTNWSAYELPBFAMSCHLMedian
NamePeople New York.News CorpYelp Bright H.Scholast. 
Rev Chg LTM13.8%10.8%6.8%1.5%6.7%-2.5%6.8%
Rev Chg 3Y Avg-4.9%8.0%4.2%5.2%9.6%-1.9%4.7%
Rev Chg Q-3.6%9.7%10.8%1.4%4.8%-3.9%3.1%
QoQ Delta Rev Chg LTM-0.7%2.3%2.6%0.3%1.3%-0.6%0.8%
Op Inc Chg LTM76.8%18.0%19.5%-5.5%-7.6%60.1%18.7%
Op Inc Chg 3Y Avg94.6%22.9%19.2%49.8%18.9%-13.7%21.1%
Op Mgn LTM2.8%16.7%12.6%11.7%9.6%1.6%10.6%
Op Mgn 3Y Avg-0.5%15.3%11.1%11.0%9.7%1.6%10.4%
QoQ Delta Op Mgn LTM1.0%0.2%0.7%-0.7%-0.7%-0.0%0.1%
CFO/Rev LTM5.5%20.6%13.7%23.7%11.6%2.4%12.7%
CFO/Rev 3Y Avg10.4%19.0%11.9%22.7%11.6%5.7%11.7%
FCF/Rev LTM4.2%19.5%9.0%20.2%8.3%-0.9%8.6%
FCF/Rev 3Y Avg9.1%17.8%7.3%19.8%8.2%2.4%8.7%

Valuation

PPLINYTNWSAYELPBFAMSCHLMedian
NamePeople New York.News CorpYelp Bright H.Scholast. 
Mkt Cap3.110.816.61.22.70.72.9
P/S1.33.51.80.80.90.51.1
P/Op Inc47.521.114.67.19.328.717.8
P/EBIT-20.721.014.67.0872.77.411.0
P/E-9.626.329.09.7-20.312.811.2
P/CFO24.017.213.53.57.719.115.3
Total Yield-10.4%5.1%4.7%10.4%-4.9%10.4%4.9%
Dividend Yield0.0%1.2%1.2%0.0%0.0%2.6%0.6%
FCF Yield 3Y Avg4.5%5.2%4.3%15.2%4.9%5.0%4.9%
D/E0.40.00.20.10.80.70.3
Net D/E0.0-0.10.00.00.70.50.0

Returns

PPLINYTNWSAYELPBFAMSCHLMedian
NamePeople New York.News CorpYelp Bright H.Scholast. 
1M Rtn0.4%4.5%5.2%19.6%-12.2%3.3%3.9%
3M Rtn-5.1%2.2%5.1%-13.9%-25.4%-8.4%-6.7%
6M Rtn-0.8%-19.8%16.6%-21.8%-15.1%-2.5%-8.8%
12M Rtn30.9%16.8%18.9%-29.5%-45.1%39.8%17.9%
3Y Rtn-6.5%64.3%42.0%-50.5%-34.5%5.9%-0.3%
1M Excs Rtn4.7%7.6%9.8%25.2%-11.9%7.6%7.6%
3M Excs Rtn-0.6%5.1%4.8%-9.8%-22.0%-0.7%-0.6%
6M Excs Rtn-3.6%-22.6%13.9%-24.6%-17.8%-5.3%-11.6%
12M Excs Rtn18.2%7.7%7.6%-43.6%-56.1%27.5%7.7%
3Y Excs Rtn-82.9%-11.6%-30.4%-128.7%-105.7%-69.4%-76.1%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
People Inc.1,7931,7981,7161,958459
Care.com347370375363 
Search213388629731873
Emerging & Other7189229461753
Intersegment eliminations-31-23-30-42-5
Angi Inc.   1,7641,619
Total2,3932,6222,9195,2353,700


Operating Income by Segment
$ Mil20252024202320222021
People Inc.3572952231527
Care.com47455647 
Search10184483108
Emerging & Other-28-36-11-70-31
Stock-based compensation expense-32-78-74-123 
Depreciation-38-41-81-131 
Amortization of intangibles-93-142-288-308 
Corporate Adjusted EBITDA loss-113-90-98-80-153
Goodwill impairment-2070-9-113 
Acquisition-related contingent consideration fair value adjustments   1 
Angi Inc.   66-68
Total-97-29-238-475-137


Price Behavior

Price Behavior
Market Price$41.99 
Market Cap ($ Bil)3.2 
First Trading Date03/11/2016 
Distance from 52W High-11.8% 
   50 Days200 Days
DMA Price$38.84$40.49
DMA Trenddownindeterminate
Distance from DMA8.1%3.7%
 3M1YR
Volatility41.5%35.3%
Downside Capture92.3384.84
Upside Capture31.4494.80
Correlation (S&P 500)15.4%31.8%
PPLI Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta0.110.641.340.690.871.06
Up Beta3.491.183.111.781.221.20
Down Beta0.260.900.320.510.610.94
Up Capture-152%21%71%10%78%65%
Bmk +ve Days12182862130427
Stock +ve Days6162456130366
Down Capture98%77%161%83%87%105%
Bmk -ve Days10253664121325
Stock -ve Days16274068119378

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PPLI
PPLI30.8%35.4%0.81-
Sector ETF (XLC)-6.8%16.7%-0.6041.3%
Equity (SPY)13.2%12.9%0.6834.0%
Gold (GLD)1.0%28.8%0.037.1%
Commodities (DBC)35.9%21.2%1.34-28.6%
Real Estate (VNQ)14.3%14.1%0.7020.3%
Bitcoin (BTCUSD)-28.2%43.4%-0.6513.3%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PPLI
PPLI-22.5%40.5%-0.52-
Sector ETF (XLC)6.7%21.1%0.2355.4%
Equity (SPY)12.5%17.2%0.5552.6%
Gold (GLD)17.3%19.1%0.735.4%
Commodities (DBC)8.0%19.6%0.293.0%
Real Estate (VNQ)1.8%18.9%-0.0141.7%
Bitcoin (BTCUSD)5.5%51.5%0.2928.2%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PPLI
PPLI-4.5%46.2%0.11-
Sector ETF (XLC)8.6%22.1%0.4247.2%
Equity (SPY)15.4%18.0%0.7345.1%
Gold (GLD)11.9%16.5%0.596.8%
Commodities (DBC)7.4%18.1%0.339.1%
Real Estate (VNQ)5.7%20.7%0.2334.8%
Bitcoin (BTCUSD)61.0%66.2%1.0115.1%

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Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity11.6 Mil
Short Interest: % Change Since 93020261.9%
Average Daily Volume1.0 Mil
Days-to-Cover Short Interest11.0 days
Basic Shares Quantity75.1 Mil
Short % of Basic Shares15.4%

Earnings Returns History

Updated 11/5/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/2/20264.4%  
8/3/202610.4%-3.3%-8.4%
5/4/2026-8.4%-7.9%-6.5%
2/3/2026-3.0%-0.9%5.3%
11/3/2025-1.7%4.5%11.1%
8/4/2025-13.0%-13.8%-8.2%
5/5/2025-3.6%11.3%3.5%
2/11/20255.8%13.7%6.2%
...
SUMMARY STATS   
# Positive111310
# Negative141114
Median Positive5.8%9.1%8.1%
Median Negative-3.4%-7.9%-9.8%
Max Positive11.9%13.7%21.7%
Max Negative-16.3%-21.4%-31.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/2/20264.4%  
8/3/202610.4%-3.3%-8.4%
5/4/2026-8.4%-7.9%-6.5%
2/3/2026-3.0%-0.9%5.3%
11/3/2025-1.7%4.5%11.1%
8/4/2025-13.0%-13.8%-8.2%
5/5/2025-3.6%11.3%3.5%
2/11/20255.8%13.7%6.2%
11/12/2024-12.6%-14.3%-16.0%
8/6/20246.5%11.2%13.2%
5/7/2024-2.3%2.3%-11.1%
2/13/20245.6%11.9%-0.1%
11/7/20230.0%7.1%7.0%
8/8/2023-16.3%-15.8%-19.5%
5/9/202311.9%9.1%9.2%
2/13/20235.1%1.6%-1.0%
11/8/2022-2.1%13.7%4.8%
8/9/2022-5.7%0.5%-17.4%
5/9/20228.9%10.2%21.7%
2/15/2022-10.3%-21.4%-23.2%
11/4/2021-3.2%-8.8%-13.9%
8/4/2021-0.5%-6.2%-0.7%
5/6/20214.6%-4.8%-31.4%
2/3/2021-0.9%7.2%-1.1%
11/5/20207.0%-0.1%9.7%
SUMMARY STATS   
# Positive111310
# Negative141114
Median Positive5.8%9.1%8.1%
Median Negative-3.4%-7.9%-9.8%
Max Positive11.9%13.7%21.7%
Max Negative-16.3%-21.4%-31.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202611/02/202610-Q
06/30/202608/03/202610-Q
03/31/202605/04/202610-Q
12/31/202502/20/202610-K
09/30/202511/03/202510-Q
06/30/202508/04/202510-Q
03/31/202505/05/202510-Q
12/31/202402/28/202510-K
09/30/202411/12/202410-Q
06/30/202408/07/202410-Q
03/31/202405/07/202410-Q
12/31/202302/29/202410-K
09/30/202311/07/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/01/202310-K
Collapse to Preview
Report DateFiling DateFiling
09/30/202611/02/202610-Q
06/30/202608/03/202610-Q
03/31/202605/04/202610-Q
12/31/202502/20/202610-K
09/30/202511/03/202510-Q
06/30/202508/04/202510-Q
03/31/202505/05/202510-Q
12/31/202402/28/202510-K
09/30/202411/12/202410-Q
06/30/202408/07/202410-Q
03/31/202405/07/202410-Q
12/31/202302/29/202410-K
09/30/202311/07/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/01/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q
03/31/202205/10/202210-Q
12/31/202103/01/202210-K
09/30/202111/05/202110-Q
06/30/202108/06/202110-Q
03/31/202105/10/202110-Q
12/31/202002/17/202110-K
09/30/202011/06/202010-Q
06/30/202008/10/202010-Q
03/31/202006/03/202010-Q

Recent Forward Guidance

Updated 11/3/2026

Latest: Q3 2026 Earnings Reported 11/2/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q4 2026 Severance and employee separation benefits expenseReported15.00 Mil17.50 Mil20.00 Mil   
Q4 2026 Digital Revenue GrowthReported      
2026 Stock-based compensation expenseReported85.00 Mil87.50 Mil90.00 Mil-200.0% RaisedGuidance: -87.50 Mil for 2026
2026 DepreciationReported30.00 Mil31.00 Mil32.00 Mil-212.7% RaisedGuidance: -27.50 Mil for 2026
2026 Amortization of intangiblesReported70.00 Mil72.50 Mil75.00 Mil-200.0% RaisedGuidance: -72.50 Mil for 2026
2026 Restructuring costs, including certain severance and employee separation benefitsReported30.00 Mil32.50 Mil35.00 Mil-360.0% RaisedGuidance: -12.50 Mil for 2026
2026 Transaction-related costsReported7.00 Mil8.50 Mil10.00 Mil-213.3% RaisedGuidance: -7.50 Mil for 2026
2026 Litigation mattersReported12.00 Mil13.50 Mil15.00 Mil-177.1% RaisedGuidance: -17.50 Mil for 2026
2026 Digital Revenue GrowthReported      
2026 Total Operating incomeReported6.00 Mil27.50 Mil49.00 Mil-42.1% LoweredGuidance: 47.50 Mil for 2026
2026 Adjusted EBITDA - People Inc.Reported330.00 Mil337.50 Mil345.00 Mil-0.7% LoweredGuidance: 340.00 Mil for 2026
2026 Adjusted EBITDA - Emerging & OtherReported13.00 Mil14.00 Mil15.00 Mil12.0% RaisedGuidance: 12.50 Mil for 2026
2026 Adjusted EBITDA - CorporateReported-80.00 Mil-78.50 Mil-77.00 Mil-1.9% RaisedGuidance: -80.00 Mil for 2026
2026 Total Adjusted EBITDAReported263.00 Mil273.00 Mil283.00 Mil0.2% RaisedGuidance: 272.50 Mil for 2026


Prior: Q2 2026 Earnings Reported 8/3/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Stock-based compensation expenseReported-90.00 Mil-87.50 Mil-85.00 Mil0 AffirmedGuidance: -87.50 Mil for 2026
2026 DepreciationReported-30.00 Mil-27.50 Mil-25.00 Mil0 AffirmedGuidance: -27.50 Mil for 2026
2026 Amortization of intangiblesReported-75.00 Mil-72.50 Mil-70.00 Mil-3.3% RaisedGuidance: -75.00 Mil for 2026
2026 Restructuring costsReported-15.00 Mil-12.50 Mil-10.00 Mil   
2026 Transaction-related costsReported-10.00 Mil-7.50 Mil-5.00 Mil   
2026 Litigation mattersReported-20.00 Mil-17.50 Mil-15.00 Mil   
2026 Digital Revenue GrowthReported5.0%7.0%9.0% 0AffirmedGuidance: 7.0% for 2026
2026 Total Operating incomeReported15.00 Mil47.50 Mil80.00 Mil5.6% RaisedGuidance: 45.00 Mil for 2026
2026 Adjusted EBITDA (People Inc.)Reported325.00 Mil340.00 Mil355.00 Mil4.6% RaisedGuidance: 325.00 Mil for 2026
2026 Adjusted EBITDA (Emerging & Other)Reported10.00 Mil12.50 Mil15.00 Mil25.0% RaisedGuidance: 10.00 Mil for 2026
2026 Adjusted EBITDA (Corporate)Reported -80.00 Mil -20.0% RaisedGuidance: -100.00 Mil for 2026
2026 Total Adjusted EBITDAReported255.00 Mil272.50 Mil290.00 Mil16.0% RaisedGuidance: 235.00 Mil for 2026
2026 Digital Adjusted EBITDA GrowthReported5.0%7.0%9.0%   
2027 Corporate annual stock-based compensation expenseReported 30.00 Mil    
2027 Corporate annual run-rate operating expenseReported 45.00 Mil    

Q1 2026 Earnings Reported 5/4/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Stock-based compensation expenseReported-90.00 Mil-87.50 Mil-85.00 Mil   
2026 DepreciationReported-30.00 Mil-27.50 Mil-25.00 Mil   
2026 Amortization of intangiblesReported-80.00 Mil-75.00 Mil-70.00 Mil   
2026 Digital Revenue GrowthReported5.0%7.0%9.0%   
2026 Total Operating incomeReported10.00 Mil45.00 Mil80.00 Mil-68.4%-68.4%LoweredGuidance: 142.50 Mil for 2026
2026 People Inc. Adjusted EBITDAReported310.00 Mil325.00 Mil340.00 Mil0 AffirmedGuidance: 325.00 Mil for 2026
2026 Emerging & Other Adjusted EBITDAReported5.00 Mil10.00 Mil15.00 Mil1 RaisedGuidance: 5.00 Mil for 2026
2026 Corporate Adjusted EBITDAReported-105.00 Mil-100.00 Mil-95.00 Mil17.6% LoweredGuidance: -85.00 Mil for 2026
2026 Total Adjusted EBITDAReported210.00 Mil235.00 Mil260.00 Mil-21.0% LoweredGuidance: 297.50 Mil for 2026

Q4 2025 Earnings Reported 2/3/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Operating IncomeReported95.00 Mil142.50 Mil190.00 Mil61.0% Higher NewActual: 88.50 Mil for 2025
2026 Adjusted EBITDAReported260.00 Mil297.50 Mil335.00 Mil20.9% Higher NewActual: 246.00 Mil for 2025
2026 People Inc. Adjusted EBITDAReported310.00 Mil325.00 Mil340.00 Mil-2.3% Lower NewActual: 332.50 Mil for 2025
2026 Care.com Adjusted EBITDAReported45.00 Mil50.00 Mil55.00 Mil5.3% Higher NewActual: 47.50 Mil for 2025
2026 Search Adjusted EBITDAReported-5.00 Mil2.50 Mil10.00 Mil-79.2% Lower NewActual: 12.00 Mil for 2025
2026 Emerging & Other Adjusted EBITDAReported05.00 Mil10.00 Mil  Higher NewActual: -31.00 Mil for 2025
2026 Corporate Adjusted EBITDAReported-90.00 Mil-85.00 Mil-80.00 Mil  Higher NewActual: -115.00 Mil for 2025

Insider Activity

Updated 7/20/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schwerdtman, Michael HSVP and CAODirectSell601202640.546,878278,8011,165,103Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schwerdtman, Michael HSVP and CAODirectSell601202640.546,878278,8011,165,103Form
Core Cache Last Updated: 11/4/2026