Match Group (MTCH) Stock Forecast, Price & News

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last year. There are currently 5 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MTCH shares.
View MTCH analyst ratings or view top-rated stocks.

22 brokerages have issued twelve-month price targets for Match Group's stock. Their MTCH share price forecasts range from $38.00 to $97.00. On average, they predict the company's share price to reach $58.55 in the next year. This suggests a possible upside of 42.7% from the stock's current price.
View analysts price targets for MTCH or view top-rated stocks among Wall Street analysts.

Match Group's stock was trading at $41.49 at the start of the year. Since then, MTCH stock has decreased by 1.1% and is now trading at $41.03.
View the best growth stocks for 2023 here.

Match Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 10,780,000 shares, an increase of 25.1% from the August 15th total of 8,620,000 shares. Based on an average trading volume of 4,500,000 shares, the days-to-cover ratio is presently 2.4 days.
View Match Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our MTCH earnings forecast.

Match Group, Inc. (NASDAQ:MTCH) issued its quarterly earnings results on Tuesday, August, 1st. The technology company reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The technology company earned $830 million during the quarter, compared to analyst estimates of $811.55 million. Match Group had a net margin of 14.68% and a negative trailing twelve-month return on equity of 121.94%. The company's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.70 earnings per share.

ETFs with the largest weight of Match Group (NASDAQ:MTCH) stock in their portfolio include Global X Social Media Index ETF (SOCL), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), SPDR S&P Internet ETF (XWEB), FMC Excelsior Focus Equity ETF (FMCX), Neuberger Berman Next Generation Connected Consumer ETF (NBCC), iShares Virtual Work and Life Multisector ETF (IWFH) and Fidelity Disruptive Communications ETF (FDCF).

Match Group updated its third quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $875.00 million-$885.00 million, compared to the consensus revenue estimate of $863.37 million.

44 employees have rated Match Group Chief Executive Officer Mandy Ginsberg on Glassdoor.com. Mandy Ginsberg has an approval rating of 91% among the company's employees. This puts Mandy Ginsberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Match Group investors own include NVIDIA (NVDA), Shopify (SHOP), Netflix (NFLX), Alibaba Group (BABA), Walt Disney (DIS), Block (SQ), PayPal (PYPL), Tesla (TSLA), Trade Desk (TTD) and Salesforce (CRM).

(MTCH) raised $433 million in an initial public offering on Thursday, November 19th 2015. The company issued 33,300,000 shares at a price of $12.00-$14.00 per share. J.P. Morgan, Allen & Company, BofA Merrill Lynch, Deutsche Bank Securities, BMO Capital Markets, Barclays and BNP PARIBAS acted as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.

Match Group trades on the NASDAQ under the ticker symbol "MTCH."

Match Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (18.65%), BlackRock Inc. (10.31%), State Street Corp (4.75%), Nuveen Asset Management LLC (3.14%), Nuveen Asset Management LLC (3.13%) and Flossbach Von Storch AG (2.97%). Insiders that own company stock include Ann Mcdaniel, Bernard Jin Kim, Glenn Schiffman, Jared F Sine, Joseph Levin, Philip D Eigenmann, Thomas Mcinerney and Wendi Murdoch.
View institutional ownership trends.

Shares of MTCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MTCH stock can currently be purchased for approximately $41.03.

Match Group (NASDAQ:MTCH) has a market capitalization of $11.41 billion and generates $3.19 billion in revenue each year. The technology company earns $361.95 million in net income (profit) each year or $1.64 on an earnings per share basis.

The company employs 2,720 workers across the globe.

Match Group's mailing address is 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX, 75231. The official website for the company is www.mtch.com. The technology company can be reached via phone at (214) 576-9352, via email at ir@match.com, or via fax at 212-314-7309.