Match Group (NASDAQ:MTCH) Stock Price Expected to Rise, UBS Group Analyst Says

Match Group (NASDAQ:MTCH) had its target price raised by investment analysts at UBS Group from $38.00 to $43.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. UBS Group‘s price target suggests a potential upside of 8.95% from the company’s current price.

A number of other equities research analysts have also recently commented on MTCH. Barclays raised their price target on shares of Match Group from $51.00 to $52.00 and gave the stock an “overweight” rating in a report on Tuesday. Zacks Research cut shares of Match Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. BTIG Research restated a “neutral” rating on shares of Match Group in a research note on Tuesday. Wall Street Zen lowered Match Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Susquehanna upped their price target on Match Group from $45.00 to $50.00 and gave the stock a “positive” rating in a research note on Tuesday. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Match Group Stock Performance

Shares of Match Group stock traded down $2.60 on Tuesday, reaching $39.47. 2,128,972 shares of the company’s stock were exchanged, compared to its average volume of 3,984,106. The company has a market capitalization of $9.06 billion, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 0.63 and a beta of 1.43. Match Group has a 52 week low of $28.81 and a 52 week high of $46.67. The firm’s 50-day moving average is $42.28 and its two-hundred day moving average is $36.54.

Match Group (NASDAQ:MTCH) last released its quarterly earnings data on Monday, November 2nd. The technology company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.02. Match Group had a net margin of 20.17% and a negative return on equity of 324.82%. The company had revenue of $891.23 million during the quarter, compared to analyst estimates of $892.45 million. During the same quarter in the previous year, the business posted $0.62 EPS. Match Group’s revenue for the quarter was down 2.5% compared to the same quarter last year. On average, analysts expect that Match Group will post 3.31 EPS for the current fiscal year.

Insider Buying and Selling at Match Group

In other Match Group news, Director Glenn Schiffman bought 3,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $36.63 per share, for a total transaction of $109,890.00. Following the acquisition, 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. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ann Mcdaniel sold 3,531 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $42.43, for a total transaction of $149,820.33. Following the completion of the sale, the director owned 26,839 shares in the company, valued at $1,138,778.77. This represents a 11.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 23,291 shares of company stock valued at $976,478 over the last three months. Corporate insiders own 0.71% of the company’s stock.

Institutional Trading of Match Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MTCH. Alps Advisors Inc. bought a new position in shares of Match Group during the 3rd quarter worth $9,319,000. Ashton Thomas Private Wealth LLC bought a new stake in Match Group in the 3rd quarter valued at about $224,000. Chicago Partners Investment Group LLC raised its stake in Match Group by 7.9% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 55,562 shares of the technology company’s stock valued at $2,541,000 after acquiring an additional 4,073 shares during the period. AIA Group Ltd purchased a new stake in Match Group during the third quarter valued at about $221,000. Finally, Greenleaf Trust purchased a new stake in Match Group during the third quarter valued at about $209,000. 94.05% of the stock is owned by institutional investors.

More Match Group News

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

• Positive Sentiment: Tinder usage is improving. Tinder’s U.S. daily active users returned to year-over-year growth in September and October, an important milestone after more than three years of declines. Match also highlighted continued double-digit user, revenue and payer growth at Hinge. Reuters report on Tinder user growth
• Positive Sentiment: Quarterly results were slightly better on adjusted earnings. Match reported third-quarter revenue of approximately $891 million, broadly in line with expectations, while earnings per share of $0.73 exceeded the cited consensus estimate of $0.71. Revenue, however, declined 2.5% year over year. Match Group third-quarter results
• Neutral Sentiment: Analyst views remain divided. Barclays raised its price target from $51 to $52 and retained an Overweight rating, while Wells Fargo lowered its target from $39 to $38 and maintained Equal Weight. Morgan Stanley and JPMorgan also kept Hold ratings, with targets of $40 and $43, respectively. Barclays rating action
• Negative Sentiment: Near-term growth remains weak. Match guided to fourth-quarter revenue of $865 million to $875 million, implying revenue will be down approximately 1% to flat and is centered near consensus. Investors are also concerned about falling payers and the company’s disclosure of an approximately one-percentage-point margin headwind in 2027. Match Group fourth-quarter guidance
• Negative Sentiment: The recovery is not yet translating into proven monetization or profit growth. Analysts noted that Tinder stabilization, payer trends and margin expansion remain uncertain, limiting the impact of improving engagement metrics on the stock’s valuation. Morgan Stanley Match Group rating

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.