Match Group, Inc. (MTCH)
Market Cap | 9.92B |
Revenue (ttm) | 3.28B |
Net Income (ttm) | 506.46M |
Shares Out | 271.81M |
EPS (ttm) | 1.77 |
PE Ratio | 20.62 |
Forward PE | 17.18 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 4,369,440 |
Open | 36.51 |
Previous Close | 36.73 |
Day's Range | 36.15 - 36.77 |
52-Week Range | 27.85 - 54.60 |
Beta | 1.49 |
Analysts | Buy |
Price Target | 50.48 (+38.3%) |
Earnings Date | Jan 30, 2024 |
About MTCH
Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, The League, Azar, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and Hakuna, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas. [Read more]
Financial Performance
In 2022, Match Group's revenue was $3.19 billion, an increase of 6.89% compared to the previous year's $2.98 billion. Earnings were $361.95 million, an increase of 30.33%.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for MTCH stock is "Buy." The 12-month stock price forecast is $50.48, which is an increase of 38.30% from the latest price.
News
S&P 500 Gains and Losses Today: Match Group Jumps Amid Optimistic Growth Outlook
U.S. equities were little changed on Thursday, with the S&P 500 grinding out a gain of less than 0.1% after spending much of the session within a few points of its all-time closing high. The Dow added...
Which stocks benefited from mentioning AI in their Q3 earnings?
Artificial intelligence (AI) has fueled impressive gains for many investors in 2023. But as we get ready to usher in a new year, some analysts and investors wonder if artificial intelligence is a bubb...
Busy Philipps Debuts as Milf on the Shilf for Dating App Stir to Help Single Parents Unwrap their Inner Milf or Dilf this Holi-dating Season
DALLAS , Dec. 11, 2023 /PRNewswire/ -- Actress and single mom Busy Philipps is on a mission – and it's to help her fellow single parents have a little fun and embrace their inner Milf or Dilf this hol...
Hinge Announces $1 Million Fund to Help Gen Z Build Community In-Person
NEW YORK , Dec. 5, 2023 /PRNewswire/ -- Today, Hinge is announcing One More Hour ™ — a new social impact initiative mobilizing Gen Z to add more in-person connection to their lives. The program launch...
Match Group to Present at the 2023 Wells Fargo TMT Summit
DALLAS , Nov. 15, 2023 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Gary Swidler, President & Chief Financial Officer, will present at the Wells Fargo TMT Summit on Wednesday, Novem...
Match Group Announces "Are You Sure?" To Expand To Millions Of Users Across Match, Stir, OurTime & More
Feature rolled out on Tinder, Plenty of Fish, and Meetic beginning in 2021, and over time intervention prevented 500 million potentially problematic or harassing messages from being sent DALLAS , Nov....
Capitalizing on value: 3 undervalued stocks ready for resurgence
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Match Group stock plunges after decline in people paying for Tinder
Match Group shares plummeted Wednesday after the company released its third-quarter earnings Tuesday.
WeWork shares plunge on report of looming bankruptcy as Match Group stock slumps on Tinder owner's Israel warning
Novovax Inc. NVAX shares jumped 3% after the U.S. pharma firm's new COVID vaccine gained approval in the European Union.
Alphabet, Match settle Google Play antitrust claims before US trial
Alphabet 's Google has settled claims by dating app developer Match Group that it monopolized Android app distribution with its Play Store, leaving “Fortnite” maker Epic Games as the sole plaintiff in...
Match Group's stock slumps 8% on flat revenue, weak guidance
Shares of Match Group Inc. MTCH, +1.65% dropped 8% in extended trading Tuesday after the online-dating service reported quarterly results that included weak revenue guidance. Match reported fiscal thi...
Google and Match Group reach settlement in app store antitrust case
Google and Match announced today they've reached a settlement in the antitrust battle Match waged against the tech giant, even as its court case continues with Fortnite maker Epic Games. As part of th...
Tinder-owner Match issues dour forecast; shares tumble
Tinder-owner Match Group on Tuesday forecast fourth-quarter revenue below estimates, as stubborn inflation and unrest in some markets weigh on growth at some of its major dating platforms, sending its...
Match Group Reports Third Quarter 2023 Results
DALLAS , Oct. 31, 2023 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its third quarter 2023 shareholder letter on the investor relations section of its website at https://ir.mtch.com. As announced...
Meet the parents: Tinder introduces approval tool for friends and family
Dating app users will be able to show possible matches to others for their opinions and recommendations
2024 Dating Trends: Plenty of Fish Predicts Big Buzz for "Rizz-Colored Glasses" and "Canon-Bailing"
Plenty of Fish gives singles a better way to define their dating experiences with this year's terms VANCOUVER, BC , Oct. 12, 2023 /PRNewswire/ -- Match Group Company and dating app Plenty of Fish toda...
Match Group to Webcast Q3 2023 Earnings Conference Call
DALLAS , Oct. 11, 2023 /PRNewswire/ -- Match Group (NASDAQ: MTCH) will webcast a conference call to review its third quarter 2023 financial results on Wednesday, November 1, 2023, at 8:30 a.m. Eastern...
Tinder Puts a Price on Love With $499 Membership
As dating apps look to drive more revenue from their most active users, adding premium subscription tiers, Tinder is reportedly launching a VIP membership for as much as $499 a month.
Tinder snobs can now pay $499 per month to be matched with the ‘most-sought after' profiles
Tinder has rolled out its promised high-end membership, a pricey $499 per month subscription dubbed “Tinder Select,” which includes unique perks like the ability to be seen by more users, including Ti...
Tinder launches $500-per-month subscription to its most active users
CNBC's Joe Kernen reports on the latest news.
Plenty of Fish Finds Singles Embracing Their Cringe
Nearly 3 in 4 Believe Authenticity Will Lead to Their Perfect Cringe Counterparts VANCOUVER, BC , Sept. 19, 2023 /PRNewswire/ -- New insights from dating app Plenty of Fish reveal that 74% of Gen Z an...
Match Stock Is on a Losing Streak. Why J.P. Morgan Says It's ‘Time to Swipe Right.'
J.P. Morgan added the parent company of Tinder and Hinge to its Top Pick & Analyst Focus List.
Hinge Releases a 'Distraction-Free Dating' Guide to Spark More Quality Time on Dates
NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Today, Hinge released a 'Distraction-Free Dating' guide encouraging daters to minimize distractions while getting to know other people, with guidance from the...
The League Launches "Be A GoalDigger" Campaign, Hailing GoalMates as the new Soulmates
Inclusive of the global campaign, The League introduces a new feature that advances the rise of goal setting in dating NEW YORK , Sept. 6, 2023 /PRNewswire/ -- The League , the dating app for ambitiou...