LiveRamp Shares Surge After Publicis Acquisition Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2026
0mins
Source: Fool
- Acquisition Agreement: Publicis Groupe has agreed to acquire LiveRamp for $38.50 per share in cash, representing a nearly 30% premium, valuing the deal at approximately $2.2 billion, with a projected close by year-end pending regulatory and shareholder approval.
- Stock Surge: LiveRamp's shares surged 27.34% on Monday to $37.77, reflecting a positive market reaction to the acquisition and indicating investor optimism about future growth prospects.
- Enhanced Data Integration: The acquisition will bolster Publicis' data co-creation capabilities by integrating data from over 25,000 publisher sites and 500 technology partners, creating higher-value data assets and advancing the development of smarter AI agents.
- Earnings Forecast Upgrade: Publicis expects the acquisition to enhance adjusted profits in the first year post-closing, with 2027 earnings per share now projected to rise by 8% to 10%, up from a previous forecast of 7% to 9%, demonstrating the financial benefits of the acquisition.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RAMP?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on RAMP
Wall Street analysts forecast RAMP stock price to rise
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 37.660
Low
31.00
Averages
40.33
High
53.00
Current: 37.660
Low
31.00
Averages
40.33
High
53.00
About RAMP
LiveRamp Holdings, Inc. is a data collaboration technology company. The Company’s data collaboration network seamlessly unites data across advertisers, platforms, publishers, data providers, and commerce media networks. It offers flexibility to collaborate wherever data lives to support a range of data collaboration use cases. The LiveRamp Data Collaboration Platform enables an organization to unify customer and prospect data (first, second, or third-party) to build a single view of the customer in a way that protects consumer privacy. First-party data is data collected firsthand through a company’s-controlled channels. Second-party data is data that a company shares directly with a business partner. Third-party data is data collected and sold by a company through an online data marketplace to companies with which it does not have a direct relationship. It serves a global customer base from locations in the United States, Europe, and the Asia-Pacific (APAC) region.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Legal Investigation Launched: Halper Sadeh LLC is investigating LiveRamp Holdings, Inc. (NYSE: RAMP) regarding its sale to Publicis Groupe at $38.50 per share, potentially infringing on shareholder rights.
- Merger Review: The merger between NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. will result in NextEra shareholders owning approximately 74.5% of the combined entity, prompting Halper Sadeh LLC to assess the transaction's compliance.
- Pharmaceutical Sale Inquiry: Centessa Pharmaceuticals plc (NASDAQ: CNTA) is being sold to Eli Lilly for $38.00 in cash per share plus up to $9.00 in contingent value rights, with Halper Sadeh LLC reviewing whether this transaction aligns with shareholder interests.
- Financial Transaction Scrutiny: Green Dot Corporation (NYSE: GDOT) is selling for $8.11 in cash and 0.2215 shares of a new publicly traded bank holding company, leading Halper Sadeh LLC to investigate if the terms restrict superior competing offers.
See More
- Legal Investigation Launched: Halper Sadeh LLC is investigating Dominion Energy, Inc. (NYSE: D) regarding its sale to NextEra Energy, Inc. for 0.8138 shares of NextEra per share of Dominion, which may infringe on shareholder rights.
- Shareholder Rights Protection: The firm encourages LiveRamp Holdings, Inc. (NYSE: RAMP) shareholders to consider their rights in the sale to Publicis Groupe for $38.50 per share, which could impact shareholder interests.
- Merger Transaction Review: The merger between Equity Residential (NYSE: EQR) and AvalonBay Communities, Inc. will result in Equity Residential shareholders owning approximately 48.8% of the combined entity, prompting Halper Sadeh LLC to seek increased compensation for shareholders.
- Cash Acquisition Concerns: Global Business Travel Group, Inc. (NYSE: GBTG) is being sold to Long Lake Management for $9.50 per share in cash, with Halper Sadeh LLC advising shareholders to be aware of their legal rights and potential remedies.
See More
- Dominion Energy Merger: Dominion Energy will be acquired by NextEra Energy in an all-stock transaction with a fixed exchange ratio of 0.8138 shares of NextEra for each share of Dominion, resulting in shareholders owning approximately 74.5% and 25.5% of the combined entity, with investigations focusing on potential breaches of fiduciary duties by the board.
- Global Business Travel Group Deal: American Express Global Business Travel will be acquired by Long Lake Management for $9.50 per share in an all-cash deal valued at approximately $6.3 billion, with investigations examining whether the board failed to conduct a fair process in the transaction.
- Equity Residential Merger: Equity Residential will merge with AvalonBay Communities, where AvalonBay shareholders will receive 2.793 shares of Equity Residential for each share owned, with investigations looking into whether the board breached fiduciary duties to shareholders.
- LiveRamp Acquisition: LiveRamp will be acquired by Publicis Groupe for a total enterprise value of $2.167 billion at a price of $38.50 per share, with investigations questioning the fairness of the transaction process conducted by the board.
See More
- Earnings Announcement: LiveRamp is set to announce its Q4 earnings on May 21, with a consensus EPS estimate of $0.59, reflecting a significant year-over-year growth of 96.7%, which could further solidify its market position in data connectivity.
- Revenue Growth Expectations: The anticipated revenue for Q4 is $211.97 million, representing a 12.2% year-over-year increase, indicating sustained demand for data solutions and potentially attracting more investor interest.
- Strong Performance Record: Over the past two years, LiveRamp has beaten EPS estimates 88% of the time and revenue estimates 100% of the time, showcasing its robust profitability and market adaptability, thereby enhancing investor confidence.
- Estimate Revision Trends: In the last three months, EPS estimates have seen one upward revision and no downward adjustments, while revenue estimates experienced one upward and one downward revision, reflecting optimistic market expectations for LiveRamp's future performance.
See More
- Legal Investigation Launched: Halper Sadeh LLC is investigating the transaction between LiveRamp Holdings, Inc. and Publicis Groupe at $38.50 per share, potentially infringing on shareholder rights, prompting investors to be aware of their rights.
- Merger Transaction Review: In the merger between Dominion Energy, Inc. and NextEra Energy, Inc., Dominion shareholders will receive 0.8138 shares of NextEra for each Dominion share, with Halper Sadeh LLC possibly seeking increased compensation and disclosures.
- Shareholder Rights Protection: The merger of Sachem Capital Corp. with Industrial Realty Group will result in Sachem shareholders owning approximately 5.9% of the combined entity, and Halper Sadeh LLC urges shareholders to pay attention to their rights and options.
- Merger Impact Analysis: The merger between NextEra Energy, Inc. and Dominion Energy, Inc. will allow NextEra shareholders to hold about 74.5% of the combined company, with Halper Sadeh LLC potentially advocating for additional benefits and compensation for shareholders.
See More
- Shareholder Protection: Monteverde & Associates is investigating the transaction between LiveRamp Holdings, Inc. and Publicis Groupe, where shareholders are expected to receive $38.50 per share in cash, raising questions about the fairness of this deal.
- Law Firm Recognition: The firm has been recognized as a Top 50 firm in the 2025 ISS Securities Class Action Services Report, highlighting its strong capabilities and successful track record in protecting shareholder rights.
- Strategic Location: Headquartered in the Empire State Building in New York City, Monteverde & Associates operates as a national class action securities firm, providing convenient legal services to clients.
- Free Consultation Offer: The firm offers free consultations, encouraging shareholders with concerns about the transaction to reach out proactively to ensure their rights are effectively protected.
See More











