IPG Stock Recent News

Offers 60% Floor Space Saving, Simplified Integration and Better Reliability Offers 60% Floor Space Saving, Simplified Integration and Better Reliability

NEW YORK--(BUSINESS WIRE)--IPG Mediabrands, the media holding company within the Interpublic Group of Companies (NYSE: IPG), today announced the appointment of Stacy DeRiso as Brand President of Initiative, leading the agency globally. Over the last few years, Stacy has been instrumental in helping to shape Initiative's vision and strategy, particularly through the "Fame & Flow" framework. She has a proven track record, deep understanding of Initiative and its clients, and a strong collabor.

No-Headquarters/BOZEMAN, Mont. & NEW YORK--(BUSINESS WIRE)--Snowflake (NYSE: SNOW), the AI Data Cloud company, and Acxiom® , the connected data and technology foundation of Interpublic Group of Companies, Inc. (NYSE: IPG), today announced a strategic initiative to build and deliver a modern, AI-powered marketing data infrastructure that will fundamentally transform how brands leverage AI for marketing. This collaboration will enable IPG to bring its proprietary data, identity, and collaboration.

The Federal Trade Commission could reportedly bar advertising giants Omnicom and Interpublic from suppressing ads to websites over their political views as a condition for approving their pending merger.

The Federal Trade Commission, reviewing ad giants Omnicom and Interpublic's proposed merger, may impose a condition that will stop the combined company from boycotting platforms because of political content, the New York Times reported on Thursday.

The U.S. Federal Trade Commission has sought information from some of the world's top advertising firms as part of a probe into whether advertising and advocacy groups violated antitrust laws by coordinating boycotts of certain sites, the Wall Street Journal reported.

Among firms that received requests are Omnicom, WPP, Dentsu, Interpublic and Publicis.

Interpublic (IPG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

We initiate coverage on The Interpublic Group of Companies with a Strong Buy rating, as we believe the market underestimates durable earnings power with structural cost discipline among near-term restructuring. Our internal estimates imply FY25E EPS of $2.17 (19% below consensus), with authentic margin recapture only in late FY26E. We believe investors who act now will benefit from an attractive R/R as IPG's margin expansion and re-acceleration of earnings will drive a re-rating by late FY26E.

The heavy selling pressure might have exhausted for Interpublic (IPG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.