Match Group (NASDAQ:MTCH) Price Target Raised to $45.00

Match Group (NASDAQ:MTCH) had its price objective hoisted by investment analysts at Citigroup from $39.00 to $45.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. Citigroup‘s target price would indicate a potential upside of 16.17% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Evercore raised Match Group from a “cautious” rating to an “outperform” rating and set a $53.00 price target on the stock in a research report on Monday, October 19th. BTIG Research reissued a “neutral” rating on shares of Match Group in a report on Tuesday. Weiss Ratings upgraded shares of Match Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. TD Cowen increased their price target on shares of Match Group from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, October 27th. Finally, Needham & Company LLC upgraded shares of Match Group to a “buy” rating in a research note on Tuesday. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $45.64.

Match Group Trading Down 7.9%

Shares of Match Group stock traded down $3.33 during trading hours on Tuesday, reaching $38.73. 3,900,927 shares of the company’s stock were exchanged, compared to its average volume of 3,993,075. The company has a 50 day moving average of $42.28 and a two-hundred day moving average of $36.54. Match Group has a fifty-two week low of $28.81 and a fifty-two week high of $46.67. The stock has a market cap of $8.89 billion, a P/E ratio of 13.67, a P/E/G ratio of 0.63 and a beta of 1.43.

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

Insider Activity at Match Group

In other Match Group news, CAO Philip D. Eigenmann sold 15,000 shares of the stock in a transaction dated 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 directly owned 19,389 shares of the company’s stock, valued at $808,521.30. This represents a 43.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen Bailey sold 4,760 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $42.26, for a total transaction of $201,157.60. Following the sale, the director owned 11,742 shares of the company’s stock, valued at $496,216.92. This trade represents a 28.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 23,291 shares of company stock worth $976,478. 0.71% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Match Group

Large investors have recently made changes to their positions in the company. Bank of America Corp DE acquired a new position in shares of Match Group during the 2nd quarter worth approximately $77,859,000. PointState Capital LP bought a new position in Match Group during the 2nd quarter worth $41,754,000. Man Group plc bought a new position in Match Group during the 2nd quarter worth $23,631,000. Redwood Investment Management LLC acquired a new position in Match Group in the 2nd quarter valued at $2,275,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Match Group in the 2nd quarter valued at $1,910,000. Institutional investors own 94.05% of the company’s stock.

Trending Headlines about Match Group

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

• Positive Sentiment: Tinder’s turnaround showed progress. Tinder’s U.S. daily active users returned to year-over-year growth in October, while Hinge delivered double-digit growth in users, revenue and payers. These developments support management’s efforts to improve user experience and reaccelerate growth. Tinder’s US daily active users return to growth in October as Match ramps up AI efforts
• Positive Sentiment: Some analysts raised their price targets. Barclays increased its target to $52 and retained an Overweight rating, while Truist lifted its target to $44 and UBS raised its target to $43. The revisions suggest some analysts see upside if Tinder’s stabilization develops into sustained monetization and profit growth.
• Neutral Sentiment: Third-quarter results were mixed. Adjusted earnings per share of $0.73 modestly exceeded the $0.71 consensus, while revenue of $891.2 million was broadly in line with estimates. However, revenue declined 2.5% year over year, and key payer metrics weakened. Match Group Announces Third Quarter Results
• Neutral Sentiment: Fourth-quarter guidance was close to expectations. Match Group forecast revenue of $865 million to $875 million, implying results could be down 1% to flat year over year and bracketing the $871.3 million consensus estimate. The outlook does not indicate a near-term acceleration, but it also avoids a major forecast cut. Match Group sees Q4 revenue down 1% to flat at $865M-$875M
• Negative Sentiment: Monetization and margins remain concerns. Management outlined an approximately one-percentage-point margin headwind for 2027 related to app-store fees, while analysts noted that Tinder’s recovery has not yet translated into proven payer growth or stronger profitability. Morgan Stanley and J.P. Morgan maintained Hold ratings, and Wells Fargo lowered its target to $38 with an Equal Weight 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.