Price Target AdjustmentThe price target is decreased to $64 from $70, based on a sum-of-the-parts analysis and the impact of lower numbers.
Quarterly Revenue Decline4Q24 revenue is forecast to decline 11.8% year-over-year, reflecting declines in ANGI, Search, and Emerging & Other revenues.
Revenue GuidanceThe outlook had a lot more noise, but the general takeaway was a relatively underwhelming 1Q25 revenue guide for both DDM and Care.