Match GroupMTCH
About: Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).
Employees: 2,620
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
67% more call options, than puts
Call options by funds: $393M | Put options by funds: $235M
8% more funds holding in top 10
Funds holding in top 10: 12 [Q1] → 13 (+1) [Q2]
3.58% more ownership
Funds ownership: 96.99% [Q1] → 100.56% (+3.58%) [Q2]
7% less funds holding
Funds holding: 596 [Q1] → 555 (-41) [Q2]
14% less capital invested
Capital invested by funds: $9.42B [Q1] → $8.11B (-$1.31B) [Q2]
24% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 230
36% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 113
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Wells Fargo Ken Gawrelski 69% 1-year accuracy 29 / 42 met price target | 8%downside $35 | Equal-Weight Maintained | 8 Oct 2024 |
TD Cowen John Blackledge 83% 1-year accuracy 10 / 12 met price target | 21%upside $46 | Buy Maintained | 1 Aug 2024 |
Citigroup Ygal Arounian 64% 1-year accuracy 9 / 14 met price target | 3%upside $39 | Neutral Maintained | 1 Aug 2024 |
Goldman Sachs Alexandra Steiger 47% 1-year accuracy 9 / 19 met price target | 18%upside $45 | Buy Maintained | 1 Aug 2024 |
Deutsche Bank Benjamin Black 91% 1-year accuracy 10 / 11 met price target | 18%upside $45 | Buy Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 5 articles about MTCH published over the past 30 days