Added to YB: 2025-09-10
Pitch date: 2025-09-08
IAS [neutral]
Integral Ad Science Holding Corp.
+16.82%
current return
Author Info
P14 Capital is a former buy-side research analyst who uncovers undervalued opportunities in SMID-cap equities. Long-biased and generalist. Sign up for the newsletter.
Company Info
Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, Ireland, France, Germany, Spain, Italy, Singapore, Australia, Japan, India, and the Nordics.
Market Cap
$1.7B
Pitch Price
$8.80
Price Target
15.08 (+47%)
Dividend
N/A
EV/EBITDA
13.98
P/E
36.77
EV/Sales
2.74
Sector
Media
Category
growth
2Q25 ER Update Pt. 2: $IAS
IAS (earnings update): Beat Q2 rev $149M (+16% YOY), raised FY guide to $597-605M (+13% YOY) & EBITDA $208-214M (35% margin). Optimization CPMs +10%, Publisher +36%, social outpacing DV. AI speeds model validation 29x. Vista PE buyout possible w/ new CFO hire. PT $15 vs $11 current. Bear case $6.65 if performance shift stalls.
Read full article (5 min)