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 year. 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 brokerages have issued 1-year target prices for Match Group's shares. Their MTCH share price forecasts range from $46.00 to $130.00. On average, they predict the company's share price to reach $75.76 in the next year. This suggests a possible upside of 56.4% from the stock's current price.
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Match Group's stock was trading at $41.49 at the start of the year. Since then, MTCH shares have increased by 16.8% and is now trading at $48.45.
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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 volume of 4,490,000 shares, the days-to-cover 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) released its earnings results on Wednesday, February, 1st. The technology company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by $0.17. The technology company earned $786.15 million during the quarter, compared to the consensus estimate 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 company's quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.60) EPS.

Match Group updated its first quarter 2023 earnings guidance on Tuesday, January, 31st. The company provided 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 (IPO) 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 many different institutional and retail investors. Top institutional shareholders include 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%), New York State Common Retirement Fund (0.10%) and AustralianSuper Pty Ltd (0.09%). 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 $48.45.

Match Group (NASDAQ:MTCH) has a market capitalization of $13.53 billion and generates $3.19 billion in revenue each year. The technology company earns $277.72 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.