LiveRamp Holdings, Inc. (NYSE:RAMP) is one of the small-cap tech stocks on Wall Street's radar.
Wells Fargo analyst Brian Fitzgerald upheld his Equal-Weight rating on LiveRamp Holdings, Inc. (NYSE: RAMP) on November 7, 2025, while raising the 12-month price target from $31 to $34, implying roughly a 9.7% upside at the time. The update came two days after the company released the Q2 results of their FY2026.
The results were solid because usage and ecosystem pull kicked in. Total revenue rose 8% to $200M as Marketplace & Other grew 18% to $50M while subscription rose 5% to $150M. That mix plus scale lifted operating leverage: GAAP operating income hit $21M and non-GAAP reached $45M. ARR climbed to $516M, the biggest sequential increase in seven quarters, signaling sturdier forward subscription growth.
Gross margin eased a couple points while the company leaned into data-collaboration demand and product launches, including AI agent orchestration, NL-driven segmentation, and search inside the marketplace.
LiveRamp Holdings, Inc. (NYSE:RAMP), headquartered in San Francisco and trading under ticker RAMP, provides a data-collaboration platform aimed at enabling enterprises to unify and activate customer identity data in a privacy-safe manner. Its business model spans identity resolution, data connectivity and measurement solutions sold to brands, agencies and data-owners globally.
While we acknowledge the potential of RAMP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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