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 Q3 regulatory filings by fund managers ($100M+ AUM)
321% more call options, than puts
Call options by funds: $560M | Put options by funds: $133M
18% more capital invested
Capital invested by funds: $8.21B [Q2] → $9.72B (+$1.5B) [Q3]
15% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 15 (+2) [Q3]
1% less funds holding
Funds holding: 556 [Q2] → 551 (-5) [Q3]
6% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 83
2.22% less ownership
Funds ownership: 101.81% [Q2] → 99.59% (-2.22%) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 213
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Morgan Stanley Nathan Feather 100% 1-year accuracy 1 / 1 met price target | 7%upside $33 | Equal-Weight Maintained | 12 Nov 2024 |
Keybanc Justin Patterson 58% 1-year accuracy 40 / 69 met price target | 40%upside $43 | Overweight Maintained | 12 Nov 2024 |
Barclays Mario Lu 64% 1-year accuracy 7 / 11 met price target | 73%upside $53 | Overweight Maintained | 8 Nov 2024 |
RBC Capital Brad Erickson 77% 1-year accuracy 47 / 61 met price target | 14%upside $35 | Outperform Maintained | 8 Nov 2024 |
UBS Kunal Madhukar 75% 1-year accuracy 3 / 4 met price target | 24%upside $38 | Neutral Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 40 articles about MTCH published over the past 30 days
