Match Group Inc. (NASDAQ:MTCH) Stock Has Consensus Price Target of $45.64

Shares of Match Group Inc. (NASDAQ:MTCH) have received a consensus recommendation of “Moderate Buy” from the eighteen research firms that are covering the company, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $45.64.

A number of analysts recently weighed in on MTCH shares. Morgan Stanley set a $40.00 price objective on Match Group in a report on Wednesday, August 5th. TD Cowen upped their price target on Match Group from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, October 27th. UBS Group increased their price target on Match Group from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday. BTIG Research restated a “neutral” rating on shares of Match Group in a research report on Tuesday. Finally, Susquehanna lifted their price objective on Match Group from $45.00 to $50.00 and gave the stock a “positive” rating in a research note on Tuesday.

Insider Activity

In related news, CAO Philip D. Eigenmann sold 15,000 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $41.70, for a total value of $625,500.00. Following the transaction, the chief accounting officer owned 19,389 shares in the company, valued at $808,521.30. The trade was a 43.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Glenn Schiffman purchased 3,000 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $36.63 per share, for a total transaction of $109,890.00. Following the transaction, the director directly owned 56,370 shares of the company’s stock, valued at approximately $2,064,833.10. The trade was a 5.62% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 23,291 shares of company stock worth $976,478 over the last quarter. Company insiders own 0.71% of the company’s stock.

Institutional Investors Weigh In On Match Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Eastern Bank bought a new stake in Match Group during the third quarter valued at approximately $31,000. Whittier Trust Co. increased its holdings in shares of Match Group by 91.3% in the 1st quarter. Whittier Trust Co. now owns 903 shares of the technology company’s stock worth $29,000 after buying an additional 431 shares during the last quarter. Elevation Wealth Partners LLC increased its holdings in shares of Match Group by 1,319.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 951 shares of the technology company’s stock worth $36,000 after buying an additional 884 shares during the last quarter. Contravisory Investment Management Inc. purchased a new stake in shares of Match Group during the 2nd quarter valued at $76,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Match Group during the 3rd quarter valued at $118,000. Institutional investors own 94.05% of the company’s stock.

Match Group Trading Down 8.5%

NASDAQ:MTCH opened at $38.50 on Wednesday. The stock’s 50-day moving average is $42.21 and its 200-day moving average is $36.57. Match Group has a 1-year low of $28.81 and a 1-year high of $46.67. The stock has a market cap of $8.84 billion, a P/E ratio of 13.10, a price-to-earnings-growth ratio of 0.63 and a beta of 1.47.

Match Group (NASDAQ:MTCH) last posted its earnings results on Monday, November 2nd. The technology company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.02. The firm had revenue of $891.23 million for the quarter, compared to analyst estimates of $892.45 million. Match Group had a net margin of 20.69% and a negative return on equity of 324.86%. The company’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.62 EPS. As a group, equities analysts forecast that Match Group will post 3.31 EPS for the current year.

Match Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 21st. Stockholders of record on Wednesday, January 6th will be given a $0.20 dividend. The ex-dividend date is Wednesday, January 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.1%. Match Group’s payout ratio is 28.27%.

More Match Group News

Here are the key news stories impacting Match Group this week:

• Positive Sentiment: Tinder’s U.S. daily active users returned to year-over-year growth in September, with growth continuing into October, after more than three years. Hinge also posted double-digit year-over-year growth in users, revenue and payers—encouraging signs for Match’s recovery efforts. Reuters report on Tinder user growth
• Positive Sentiment: Match declared a quarterly dividend of $0.20 per share, equivalent to $0.80 annually.
• Neutral Sentiment: Several analysts raised their price targets, including Barclays to $52, Citi to $45, Truist to $44 and UBS to $43, but most maintained neutral or hold ratings. Wells Fargo cut its target to $38. The mixed views suggest analysts see potential upside but remain cautious. Citi rating update
• Negative Sentiment: Third-quarter revenue was about $891.2 million, slightly below consensus and down 2.5% year over year; paying users also declined. Adjusted EPS was reported at $0.93 versus a $1.05 estimate, raising concerns about earnings momentum. Yahoo Finance earnings report
• Negative Sentiment: Fourth-quarter revenue guidance of $865 million–$875 million implies a 1% decline to roughly flat year over year and offers little near-term growth. Match also flagged an approximately one-percentage-point margin headwind in 2027, adding pressure to profit expectations. Fourth-quarter revenue outlook

About Match Group

Match Group, Inc is a global provider of online dating and social discovery services. The company operates a portfolio of dating applications and websites designed to help people form relationships, including Tinder, Hinge, Match, Meetic, OkCupid, Plenty of Fish, BLK, Chispa and The League.

Its platforms serve users across a broad range of geographies and relationship preferences. Match Group generates revenue primarily through paid subscriptions, premium features, à la carte purchases and advertising.