Match Group, Inc. (MTCH)

NASDAQ: MTCH · Real-Time Price · USD
37.60
+0.31 (0.83%)
Oct 4, 2024, 4:00 PM EDT - Market closed
0.83%
Market Cap 9.70B
Revenue (ttm) 3.47B
Net Income (ttm) 649.90M
Shares Out 257.90M
EPS (ttm) 2.31
PE Ratio 16.31
Forward PE 11.18
Dividend n/a
Ex-Dividend Date n/a
Volume 3,469,210
Open 37.52
Previous Close 37.29
Day's Range 37.37 - 38.17
52-Week Range 27.66 - 42.43
Beta 1.49
Analysts Buy
Price Target 43.00 (+14.36%)
Earnings Date Oct 29, 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 $43.0, which is an increase of 14.36% from the latest price.

Price Target
$43.0
(14.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Plenty of Fish's Eighth Annual Dating Trends Revealed: Expect Singles to be "Smutten" and "Freak Matching"

New Terms Reflect TikTok and Pop Culture's Impact on Dating in 2025 VANCOUVER, BC , Sept. 25, 2024 /PRNewswire/ -- Dating app Plenty of Fish today revealed its eighth annual list of dating trends, pro...

10 days ago - PRNewsWire

Match Group & Uber Team Up with 'It's On Us' to Empower College Students to Date Safely

New Guide Offers Expert Safety Tips for Chatting with Matches, Meeting IRL, or Catching a Ride DALLAS , Sept. 16, 2024 /PRNewswire/ -- Match Group, the parent company of Tinder and Hinge, is teaming u...

19 days ago - PRNewsWire

Match Group Names Sean Edgett Chief Legal Officer & Secretary

DALLAS , Sept. 9, 2024 /PRNewswire/ -- Match Group today announced the appointment of Sean Edgett as Chief Legal Officer & Secretary, effective September 23.

25 days ago - PRNewsWire

Match Group: Swiping Right On The Stock

Both Bumble and Match Group present compelling investment opportunities in the online dating market. Match Group's competitive strength is underscored by its popular apps, Tinder and Hinge. Match Grou...

4 weeks ago - Seeking Alpha

Final Trade: TGT, MTCH, XLU & IBM

The final trades of the day with the Fast Money traders.

Other symbols: IBMTGTXLU
4 weeks ago - CNBC Television

CHISPA AND VOTO LATINO UNITE TO EMPOWER GEN Z LATINO VOTERS FOR THE 2024 PRESIDENTIAL ELECTION

Third Partnership Seeks to Engage Latino Voters Before National Voter Registration Day NEW YORK , Sept. 4, 2024 /PRNewswire/ -- Match Group's  Chispa , the leading dating app for Latine singles in the...

4 weeks ago - PRNewsWire

Match Group's Stock Swipes Right On Golden Cross: What Does This Mean For Investors?

Match Group Inc. MTCH — the owner of dating app services Tinder, Hinge, and OkCupid — has just seen its stock make a significant technical move.

4 weeks ago - Benzinga

Match Group to Present at the Goldman Sachs Communacopia + Technology Conference

DALLAS , Aug. 27, 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 Goldman Sachs Communac...

5 weeks ago - PRNewsWire

LATINE STUDENTS NAVIGATE FINANCIAL PRESSURES, SOCIAL AND POLITICAL CHALLENGES: STUDY REVEALS

The 3rd Annual Dating App-Led Research Study Highlights Inflation's Grip on Gen Z Latines, Evolving Views on Immigration, War, and Rising Mental Health Concerns DALLAS , Aug. 8, 2024 /PRNewswire/ -- M...

2 months ago - PRNewsWire

These Analysts Boost Their Forecasts On Match Group Following Upbeat Sales

Match Group, Inc. MTCH reported better-than-expected second-quarter revenue results and issued strong third-quarter revenue guidance, after the closing bell on Tuesday.

2 months ago - Benzinga

Match Group, Inc. (MTCH) Q2 2024 Earnings Call Transcript

Match Group, Inc. (NASDAQ:MTCH) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Tanny Shelburne - Senior Vice President, Investor Relations Bernard Kim - Chief Executiv...

2 months ago - Seeking Alpha

Match Group cuts 6% of staff as it shifts focus from livestreaming to AI

Match Group announced Tuesday that it has discontinued livestreaming services in its dating apps, resulting in a 6% reduction in workforce. The news was delivered during the dating app giant's second ...

2 months ago - TechCrunch

Earnings in Focus: SBUX, MTCH, PINS, MA

Markets opened strong on Wednesday morning, bolstered by positive earnings from big companies. Not everyone met the same expectations.

Other symbols: SBUXMAPINS
2 months ago - Schwab Network

Match Group Q2 Earnings: The Likelihood Of Going Private Increases

Match Group reported Q2 earnings, with Hinge performing well while Tinder struggled. While revenue increased by single digits, the volume of paying users fell across the board with only Hinge reportin...

2 months ago - Seeking Alpha

Tinder parent Match sees ‘transformation' for the dating app, which has been losing users

Shares of Match Group rallied about 10% in the extended session Tuesday after the online-dating company said it sees a clear path for growth at Tinder, which has been losing users.

2 months ago - Market Watch

Tinder-parent Match forecasts quarterly revenue below estimates

Tinder-parent Match Group forecast third-quarter revenue below Wall Street estimates on Tuesday, anticipating weak discretionary spending on dating apps as its paying users decline.

2 months ago - Reuters

Match Group Reports Second Quarter 2024 Results

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

2 months ago - PRNewsWire

Activist Starboard took a stake in Match. Here are steps the investor may take to help lift shares

Starboard Value's plan to boost shareholder value at Match is thoughtful and complex.

2 months ago - CNBC

Why Tinder-Parent Match Was a Top Stock in the S&P 500 Today

The online dating company behind Tinder, Hinge and OkCupid is having a great day after a years-long decline.

2 months ago - Barrons

Starboard's 6.6% stake sends Match Group stock up 10%: Strategic moves expected?

Match Group Inc (NASDAQ: MTCH) surged nearly 10% on Tuesday following the news of Starboard Value acquiring a 6.6% stake in the dating app giant. The move by Starboard, known for its aggressive shareh...

2 months ago - Invezz

Tinder parent Match Group faces activist campaign from Starboard: ‘Lack of innovation'

Starboard is in ongoing talks with Match Group and its board regarding ways to boost its profitability and cut costs, the activist fund's boss Jeff Smith said in a letter.

2 months ago - New York Post

Match Group Surges as Starboard Value Buys Stake in Online Dating Giant

Shares of Match Group (MTCH) jumped in premarket trading Tuesday on the news that activist hedge fund Starboard Value has taken a significant stake in the online dating giant and is already pushing fo...

2 months ago - Investopedia

Match's stock surges after activist investor Starboard urges exploring a sale

Shares of Match Group Inc. MTCH shot up 8.4% toward a three-month high in premarket trading Tuesday, after activist investor Starboard Value LP urged the online-dating company to explore a sale if it ...

2 months ago - Market Watch

Starboard Value Sends Letter to Match Group Regarding Opportunities to Substantially Increase Shareholder Value

NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), which holds approximately 6.6% of the outstanding common shares of Match Group, Inc. (NASDAQ: MTCH) (“Match” ...

2 months ago - Business Wire

Activist investor Starboard says it's acquired 6.5% stake in Match Group

Jeff Smith's Starboard Value has a more than 6.5% stake in Match Group and is pushing the company to focus on product innovation and margin improvement. Starboard has been in talks with management, bu...

2 months ago - CNBC