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

31.40

Mkt cap

7.7B

Volume

3.6M

High

31.43

P/E Ratio

13.77

52-wk high

42.42

Low

30.66

Div yield

N/A

52-wk low

27.66

Susquehanna analyst Shyam Patil maintains a Positive rating on Match Group (MTCH) but lowers the price target from $46 to $45.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 11:45 am

UBS analyst Kunal Madhukar maintains a Neutral rating on Match Group (MTCH) and lowers the price target from $40 to $36.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 6:37 pm

RBC Capital analyst Brad Erickson maintains an Outperform rating on Match Group (NASDAQ:MTCH) but lowers the price target from $43 to $33.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 5:14 pm

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

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:22 pm

Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Match Group (MTCH) and lowers the price target from $31 to $30.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 4:08 pm

Deutsche Bank analyst Benjamin Black maintains a Buy rating on Match Group (MTCH) but lowers the price target from $42 to $38.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:52 pm

Keybanc analyst Justin Patterson has maintained an Overweight rating on Match Group (MTCH) but has lowered the price target from $46 to $44.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:23 pm

Bumble Inc (NASDAQ:BMBL) reported Q1 earnings with a 10% YoY revenue increase to $268 million and a 25% YoY increase in adjusted EBITDA to $74 million, surpassing expectations. JPMorgan's Cory A. Carpenter maintains an Overweight rating on BMBL, predicting a 45% upside, contrasting with Tinder's parent company Match Group Inc (NASDAQ:MTCH). Despite challenges, Bumble's management is optimistic about future growth, especially with the Bumble app relaunch showing promising initial results. BMBL's stock is currently up 6.28%, trading at $10.92.

Portfolio Pulse from Surbhi Jain

May 09, 2024 | 2:06 pm

Goldman Sachs analyst Alexandra Steiger maintains a Buy rating on Match Group (MTCH) but lowers the price target from $47 to $37.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 12:48 pm

Stocks faltered as Fed officials signaled a need for higher-for-longer interest rates, affecting market sentiment. The S&P 500 and Nasdaq 100 saw slight declines, while Uber and other stocks reacted to earnings reports. Energy sector stocks gained modestly following a report of declining crude oil inventories.

Portfolio Pulse from Piero Cingari

May 08, 2024 | 5:26 pm

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