Streetbeat News

MTCH

Match Group, Inc.

https://www.mtch.com

Industry

Internet Content & Information

Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas.

Open

32.09

Mkt cap

8B

Volume

24M

High

32.76

P/E Ratio

13.53

52-wk high

42.42

Low

30.61

Div yield

N/A

52-wk low

27.66

Match Group Inc (NASDAQ:MTCH) experienced volatility after Bumble Inc reported worse-than-expected Q2 revenue results. This has led to concerns about ARPU and churn rates in the online dating industry, potentially impacting Match Group's profitability and revenue projections.

Portfolio Pulse from Henry Khederian

August 08, 2024 | 2:45 pm

TD Cowen analyst John Blackledge maintains a Buy rating on Match Group (NASDAQ:MTCH) and raises the price target from $44 to $46.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:42 pm

Citigroup analyst Ygal Arounian maintains a Neutral rating on Match Group (NASDAQ:MTCH) and raises the price target from $33 to $39.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:23 pm

Match Group, Inc. (NASDAQ:MTCH) reported better-than-expected Q2 revenue and issued strong Q3 guidance. Despite this, shares fell 4.7%. Analysts have raised their price targets, with some maintaining Hold ratings and others giving Buy ratings.

Portfolio Pulse from Avi Kapoor

August 01, 2024 | 5:46 pm

Goldman Sachs analyst Alexandra Steiger maintains a Buy rating on Match Group (NASDAQ:MTCH) and raises the price target from $39 to $45.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:38 pm

Deutsche Bank analyst Benjamin Black maintains a Buy rating on Match Group (NASDAQ:MTCH) and raises the price target from $38 to $45.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:06 pm

RBC Capital analyst Brad Erickson maintains an Outperform rating on Match Group (NASDAQ:MTCH) and raises the price target from $33 to $47.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:47 pm

Stifel analyst Mark Kelley maintains a Hold rating on Match Group (NASDAQ:MTCH) and raises the price target from $34 to $39.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:14 pm

Truist Securities analyst Youssef Squali maintains a Hold rating on Match Group (NASDAQ:MTCH) and raises the price target from $33 to $37.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:25 pm

Deutsche Bank analyst Benjamin Black maintains a Buy rating on Match Group (NASDAQ:MTCH) with a $38 price target.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 5:42 pm

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