QuinStreet Acquires HomeBuddy for $115 Million to Expand Market Reach
- Acquisition Deal: QuinStreet announced the acquisition of HomeBuddy for $115 million in cash, expected to close in early 2026, which will further enhance its competitive position in the home services market.
- Revenue Growth Expectation: HomeBuddy generated approximately $141 million in revenue for the twelve months ended September 30, 2025, and QuinStreet anticipates the acquisition will add over $30 million to its adjusted EBITDA, boosting overall financial performance.
- Market Expansion: By integrating HomeBuddy, QuinStreet will add over 2,000 service professionals across more than 30 high-value trades, significantly expanding its client base and market share.
- Product Line Enrichment: HomeBuddy will introduce exclusive high-intent lead generation to QuinStreet's Modernize platform, utilizing an auction format to enhance ROI for home services professionals, driving sustainable business growth.
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Three Delivery Service Stocks to Monitor as the Industry Faces Challenges
Industry Overview: The Zacks Internet - Delivery Services industry includes companies providing various online services such as food delivery, travel booking, and web hosting, with many facing challenges in profitability due to high R&D and marketing costs.
Growth Drivers: Increased smartphone usage and internet penetration are driving growth in the industry, while shifting consumer preferences towards online services and technological innovations enhance customer experiences.
Economic Risks: The industry faces potential risks from tariff wars affecting small businesses and advertising spending, alongside higher upfront costs for expansion that could impact profitability amid intense competition from major tech companies.
Performance and Outlook: The industry has underperformed compared to the S&P 500 and the broader tech sector, with a Zacks Industry Rank indicating poor near-term prospects and a negative earnings outlook for constituent companies.
MakeMyTrip (MMYT) Shares Rise 5.2%: Is Further Growth Ahead?
Stock Performance: MakeMyTrip (MMYT) shares rose 5.2% to $82.6, driven by increased trading volume and a 3.2% gain over the past month, reflecting optimism in the travel sector despite seasonal disruptions.
Earnings Expectations: The company is projected to report quarterly earnings of $0.43 per share, a 10.3% increase year-over-year, with revenues expected to reach $313.62 million, up 17.3% from the previous year.
Earnings Estimate Trends: The consensus EPS estimate for MMYT has remained stable over the last 30 days, indicating that stock price movements may be influenced by future earnings estimate revisions.
Industry Comparison: QuinStreet (QNST), another company in the same industry, has also maintained its EPS estimate at $0.21, with a Zacks Rank of #3 (Hold), highlighting a similar market sentiment.
