Match Group - MTCH Stock Forecast, Price & News

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last twelve months. There are currently 8 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MTCH shares.
View MTCH analyst ratings or view top-rated stocks.

24 analysts have issued 12-month price targets for Match Group's stock. Their MTCH share price forecasts range from $46.00 to $130.00. On average, they predict the company's stock price to reach $75.76 in the next year. This suggests a possible upside of 59.6% 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 on January 1st, 2023. Since then, MTCH shares have increased by 14.4% and is now trading at $47.46.
View the best growth stocks for 2023 here.

Match Group saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 9,270,000 shares, a drop of 14.5% from the December 31st total of 10,840,000 shares. Based on an average daily trading volume, of 4,490,000 shares, the short-interest ratio is currently 2.1 days.
View Match Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our MTCH earnings forecast.

Match Group, Inc. (NASDAQ:MTCH) issued its quarterly earnings data on Wednesday, February, 1st. The technology company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.47 by $0.17. The technology company had revenue of $786.15 million for the quarter, compared to the consensus estimate of $787.34 million. Match Group had a net margin of 11.35% and a negative trailing twelve-month return on equity of 146.76%. The company's revenue was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.60) earnings per share.

Match Group issued an update on its first quarter 2023 earnings guidance on Tuesday, January, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $790.00 million-$800.00 million, compared to the consensus revenue estimate of $817.34 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 served 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 number of institutional and retail investors. Top institutional investors include Flossbach Von Storch AG (2.90%), Sustainable Growth Advisers LP (1.73%), Allspring Global Investments Holdings LLC (1.29%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Alta Capital Management LLC (0.15%) and New York State Common Retirement Fund (0.10%). Insiders that own company stock include Ann Mcdaniel, Bernard Jin Kim, Gary Swidler, Glenn Schiffman, Jared F Sine, Joseph Levin, Philip D Eigenmann, Sharmistha Dubey and Thomas Mcinerney.
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 $47.46.

Match Group (NASDAQ:MTCH) has a market capitalization of $13.26 billion and generates $3.19 billion in revenue each year. The technology company earns $361.95 million in net income (profit) each year or $1.23 on an earnings per share basis.

The company employs 2,540 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.