Match Group, Inc. (MTCH)

NASDAQ: MTCH · IEX Real-Time Price · USD
32.18
-0.04 (-0.12%)
At close: Apr 19, 2024, 4:00 PM
32.00
-0.18 (-0.56%)
After-hours: Apr 19, 2024, 7:54 PM EDT
-0.12%
Market Cap 8.62B
Revenue (ttm) 3.36B
Net Income (ttm) 651.54M
Shares Out 268.01M
EPS (ttm) 2.26
PE Ratio 14.24
Forward PE 14.43
Dividend n/a
Ex-Dividend Date n/a
Volume 4,040,621
Open 32.32
Previous Close 32.22
Day's Range 31.98 - 32.48
52-Week Range 27.85 - 49.24
Beta 1.48
Analysts Buy
Price Target 47.77 (+48.45%)
Earnings Date May 7, 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 19 analysts, the average rating for MTCH stock is "Buy." The 12-month stock price forecast is $47.77, which is an increase of 48.45% from the latest price.

Price Target
$47.77
(48.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

9 days 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
18 days 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.

26 days 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...

26 days 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 ...

26 days 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...

4 weeks 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...

6 weeks 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,...

2 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...

2 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.

2 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...

2 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/ -- ...

2 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...

2 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...

2 months ago - PRNewsWire

Activist Elliott spots an opportunity to restore growth at Match. Here's what may happen next

Match Group is a leader in online dating apps, but the stock's performance has been lackluster.

3 months ago - CNBC

Match Group to Webcast Q4 2023 Earnings Conference Call

DALLAS , Jan. 10, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) will webcast a conference call to review its fourth quarter 2023 financial results on Wednesday, January 31, 2024, at 8:30 a.m. Easter...

3 months ago - PRNewsWire

Match Group promotes Faye Iosotaluno to Tinder CEO

Dating app behemoth Match Group has named Faye Iosotaluno as the new Tinder CEO, two years after the previous CEO Renate Nyborg left the company in August 2022. During that time, Match Group CEO Berna...

3 months ago - TechCrunch

Match Group Appoints Faye Iosotaluno Chief Executive Officer of Tinder

DALLAS , Jan. 9, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced that Faye Iosotaluno, who currently serves as Chief Operating Officer of Tinder, has been appointed Tinder's Chief Exec...

3 months ago - PRNewsWire

Match shares surge on report activist investor Elliott takes $1 billion stake

Elliott Management has reportedly built a large stake in the Hinge- and Tinder-owner, and is seeking to overhaul the company's performance.

3 months ago - CNBC

Match's stock soars toward biggest gain in 14 months after WSJ report that Elliott has acquired a 10% stake

Shares of Match Group Inc. MTCH, +3.30% shot up 12.4% in premarket trading Tuesday, putting them on track for the biggest gain in 14 months, after The Wall Street Journal reported that Elliott Investm...

3 months ago - Market Watch

Match Group, Grindr, Bumble: are these dating apps stocks good buys?

Dating apps are not doing well as growth slows after booming during the Covid-19 pandemic. This view is confirmed by the performance of dating app stocks in the United States.

Other symbols: BMBLGRND
3 months ago - Invezz

Activist investor Elliott takes big stake in Match Group, seeks changes: report

Elliott Investment Management has taken a significant stake in online dating company Match Group Inc., and plans to push for changes to boost its stock, the Wall Street Journal reported Monday night.

3 months ago - Market Watch

Tinder Owner Match Draws Elliott Investment

The activist has a roughly $1 billion stake and intends to meet with Match to discuss ways to improve the online dating company's performance.

3 months ago - WSJ

S&P 500 Gains and Losses Today: Match Group Jumps Amid Optimistic Growth Outlook

U.S. equities were little changed on Thursday, with the S&P 500 grinding out a gain of less than 0.1% after spending much of the session within a few points of its all-time closing high. The Dow added...

4 months ago - Investopedia