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.
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24 brokers have issued 1 year target prices for Match Group's stock. Their MTCH share price forecasts range from $27.00 to $130.00. On average, they predict the company's stock price to reach $74.44 in the next twelve months. This suggests a possible upside of 55.3% from the stock's current price.
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Match Group's stock was trading at $41.49 at the beginning of 2023. Since then, MTCH stock has increased by 15.5% and is now trading at $47.94.
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Match Group saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 9,270,000 shares, a decrease 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 days-to-cover ratio is presently 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 earnings results on Wednesday, February, 1st. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.17. The technology company earned $786.15 million during the quarter, compared to analysts' expectations of $787.34 million. Match Group had a negative trailing twelve-month return on equity of 146.76% and a net margin of 11.35%. The firm's revenue was down 2.5% on a year-over-year basis. During the same quarter last year, the business earned ($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 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 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 many different retail and institutional investors. Top institutional investors include Flossbach Von Storch AG (2.90%), Sustainable Growth Advisers LP (1.73%), Allspring Global Investments Holdings LLC (1.29%), Swiss National Bank (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.28%) and California Public Employees Retirement System (0.23%). 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.
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One share of MTCH stock can currently be purchased for approximately $47.94.

Match Group (NASDAQ:MTCH) has a market capitalization of $13.39 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.