Match Group, Inc. (MTCH)

NASDAQ: MTCH · IEX Real-Time Price · USD
29.45
+0.11 (0.37%)
At close: Jul 2, 2024, 4:00 PM
29.50
+0.05 (0.17%)
After-hours: Jul 2, 2024, 7:50 PM EDT
0.37%
Market Cap 7.82B
Revenue (ttm) 3.44B
Net Income (ttm) 653.93M
Shares Out 265.67M
EPS (ttm) 2.29
PE Ratio 12.83
Forward PE 13.16
Dividend n/a
Ex-Dividend Date n/a
Volume 3,509,589
Open 29.46
Previous Close 29.34
Day's Range 29.21 - 29.62
52-Week Range 27.66 - 49.24
Beta 1.50
Analysts Buy
Price Target 43.54 (+47.84%)
Earnings Date Jul 30, 2024

About MTCH

Match Group, Inc. engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as a various other brands, each built to increase users' likelihood of connecting with others. Its services are available in over 40 languages to users worldwide. The company was incorporated in 1986 and is based in Dallas, Texas. [Read more]

IPO Date Nov 19, 2015
Employees 2,620
Stock Exchange NASDAQ
Ticker Symbol MTCH
Full Company Profile

Financial Performance

In 2023, Match Group's revenue was $3.36 billion, an increase of 5.51% compared to the previous year's $3.19 billion. Earnings were $651.54 million, an increase of 80.01%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for MTCH stock is "Buy." The 12-month stock price forecast is $43.54, which is an increase of 47.84% from the latest price.

Price Target
$43.54
(47.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Match and Jay Shetty Launch New Partnership To Help You Date Differently

Jay Shetty is now Match's Relationship Advisor, offering relationship guidance alongside new in-app features designed to tackle dating challenges DALLAS , June 4, 2024 /PRNewswire/ -- Today, dating le...

4 weeks ago - PRNewsWire

Very bad news for Bumble and Match Group stocks

Dating apps are in trouble. Bumble (NASDAQ: BMBL) stock price has collapsed by over 22% in 2024 and by over 86% from its all-time high.

Other symbols: BMBL
5 weeks ago - Invezz

Hinge Tests Limiting Unanswered Messages to Reduce Dating Burnout

NEW YORK , May 14, 2024 /PRNewswire/ -- Hinge is leading the charge against dating burnout by testing Your Turn Limits, a feature designed to increase daters' focus on quality over quantity of matches...

7 weeks ago - PRNewsWire

Match Group to Present at the J.P. Morgan Global Technology, Media, and Communications Conference

DALLAS , May 9, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Gary Swidler, President and CFO of Match Group, will participate in a fireside chat at the J.P. Morgan Global Techn...

7 weeks ago - PRNewsWire

Match Group Forecasts Revenue Below Analyst Estimates

In a challenging market environment, Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is reportedly expecting lower than estimated quarterly revenue. The Dallas-based company ...

7 weeks ago - PYMNTS

Match Group's Tinder posts further decline in payers, but Q1 results still top estimates

Match Group MTCH, -2.26% posted further declines in the number of paying users at dating app Tinder, an issue that is likely to exacerbate concerns about saturation in the online dating space despite ...

2 months ago - Market Watch

Match Group expects quarterly revenue below estimates as spending on dating apps falls

Tinder-parent Match Group forecast second-quarter revenue below Wall Street estimates on Tuesday, as users are likely to dial back spending on dating apps.

2 months ago - Reuters

Match Group Reports First Quarter 2024 Results

DALLAS , May 7, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its first quarter 2024 shareholder letter on the investor relations section of its website at https://ir.mtch.com. As announced p...

2 months ago - PRNewsWire

Hinge Introduces Hidden Words to Give Daters Curated Control of Comments

New feature enables users to filter the words, phrases and emojis they see in their incoming Likes with Comments for a more positive dating experience NEW YORK , April 24, 2024 /PRNewswire/ -- Today, ...

2 months ago - PRNewsWire

Match Group Releases Annual Impact Report

Report Highlights Company's Environmental, Social, and Governance Progress and Initiatives in 2023 DALLAS , April 23, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) released its fourth annual Impact ...

2 months ago - PRNewsWire

Morgan Stanley's “Show-Me” Story on Match Group

Seasons of love might be impacting the online dating company, Match Group. That's the verdict from Morgan Stanley's analyst saying innovation and improving the user experience could be the “key unlock...

2 months ago - Schwab Network

Match Group to Webcast Q1 2024 Earnings Conference Call

DALLAS , April 10, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) will webcast a conference call to review its first quarter 2024 financial results on Wednesday, May 8, 2024, at 8:30 a.m. Eastern Tim...

2 months ago - PRNewsWire

Three-Stock Lunch: Match Group, Caesars & UnitedHealth

Courtney Garcia, Payne Capital Management senior wealth advisor, joins 'Power Lunch' to discuss plays for three stocks including Match Group, Caesars and UnitedHealth.

Other symbols: CZRUNH
3 months ago - CNBC Television

Match adds two directors in deal with activist investor Elliott Management

Match announced an information sharing agreement with Elliott Management and will add an Instacart executive and a Zillow co-founder to its board.

3 months ago - CNBC

Tinder-owner Match Group names new board directors after Elliott push

Tinder-owner Match Group named Instacart executive Laura Jones and Zillow co-founder Spencer Rascoff to its board on Monday, after talks with activist investor Elliott Investment Management to improve...

3 months ago - Reuters

Match Group Appoints Laura Jones and Spencer Rascoff to Board of Directors

Appointments Follow Constructive Engagement with Elliott Investment Management DALLAS, March 25, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) ("Match" or the "Company") announced today that it has ...

3 months ago - PRNewsWire

Stir, The Leading Dating App For Single Parents, Joins Forces With Therabody To Combat Single Parent Back Pain

DALLAS , March 21, 2024 /PRNewswire/ -- Today, in recognition of National Single Parent Day, dating app Stir is teaming up with  Therabody , the wellness technology leaders behind the Theragun percuss...

3 months ago - PRNewsWire

Tinder to provide EU users with more clarity on prices to end probe

Match Group-owned dating app Tinder on Thursday agreed to better inform users about discounted prices for its premium services following scrutiny from national consumer watchdogs in the European Union...

4 months ago - Reuters

Match Group Teams Up with OpenAI to Spark a Love Affair with Innovation

Dating app industry leader secures over 1000 ChatGPT Enterprise licenses for employees DALLAS , Feb. 21, 2024 /PRNewswire/ -- In the world of dating apps, Match Group – the cupid behind Tinder, Hinge,...

4 months ago - PRNewsWire

Match Group to Present at the Morgan Stanley Technology, Media & Telecom Conference

DALLAS , Feb. 20, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Gary Swidler, President & Chief Financial Officer, and Faye Iosotaluno, CEO of Tinder, will participate in a fire...

4 months ago - PRNewsWire

Tinder, Match and other dating apps encourage ‘compulsive' use, lawsuit claims

Stuck in a dating app loop with no date in sight? A lawsuit filed Wednesday against Match Group claims that is by design.

4 months ago - Market Watch

Tinder, other Match dating apps encourage compulsive use, lawsuit claims

Match Group was sued on Wednesday in a proposed class action claiming that its dating apps Tinder, Hinge and The League are designed to addict users, generating more profit for the company, rather tha...

4 months ago - Reuters

Match Group Tells Users To Verify Their Profiles In Order To Go On More Dates

On Safer Internet Day, Match Group Platforms Will Send A Coordinated Reminder To Users With Unverified Profiles, Encouraging Them To Photo Verify Their Profiles. DALLAS , Feb. 6, 2024 /PRNewswire/ -- ...

5 months ago - PRNewsWire

Match Group says it hasn't yet decided if it will opt into Apple's new DMA rules

Dating app giant Match Group says it hasn't yet determined how it plans to adapt its products in light of the EU's Digital Markets Act (DMA), a new regulation that is forcing Apple to open up its plat...

5 months ago - TechCrunch

Match Group Reports Fourth Quarter 2023 Results

DALLAS , Jan. 30, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its fourth quarter 2023 shareholder letter on the investor relations section of its website at https://ir.mtch.com. As announce...

5 months ago - PRNewsWire