Match Group, Inc. (MTCH)
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]
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 StatementsAnalyst 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.
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...
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...
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.
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...
Final Trade: TGT, MTCH, XLU & IBM
The final trades of the day with the Fast Money traders.
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...
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.
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...
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...
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.
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...
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 ...
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.
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...
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.
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.
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...
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.
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.
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...
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.
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...
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 ...
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” ...
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...