Match Group (MTCH) PT Lowered to $40 at Goldman Sachs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Match Group (MTCH) PT Lowered to $53 at Barclays
November 8, 2024 5:10 AM ESTBarclays analyst Ross Sandler lowered the price target on Match Group (NASDAQ: MTCH) to $53.00 (from $55.00) while maintaining a Overweight rating.
The analyst comments "The Key Take-Away: MTCH reported revenue and EBITDA that were broadly in-line with consensus but guided below for 4Q. The... More
Match Group (MTCH) PT Lowered to $35 at Truist Securities
November 7, 2024 2:21 PM ESTTruist Securities analyst Youssef Squali lowered the price target on Match Group (NASDAQ: MTCH) to $35.00 (from $37.00) while maintaining a Hold rating.
The analyst comments "We remain at Hold awaiting better visibility into the turnaround at Tinder, which now may take until 2H25... More
BofA Securities Downgrades Match Group (MTCH) to Neutral, 'significantly weaker-than-expected 4Q guidance'
November 7, 2024 10:24 AM EST(Updated - November 7, 2024 10:28 AM EST)
BofA Securities analyst Curtis Nagle downgraded Match Group (NASDAQ: MTCH) from Buy to Neutral with a price target of $35.00 (from $50.00).
The analyst comments "We downgrade Match to Neutral following significantly weaker-than-expected 4Q guidance and a big step back in Tinder payer... More
Increasing unusual put option volume: YETI NXE FSLY TRIP EWW MTCH EQNR DT PTEN CRH CSX OWL
November 7, 2024 5:06 AM ESTIncreasing unusual put option volume: YETI NXE FSLY TRIP EWW MTCH EQNR DT PTEN CRH CSX OWL
... MoreAfter-hours movers: Qualcomm, e.l.f. Beauty, Lyft and more
November 6, 2024 4:53 PM ESTAfter-Hours Stock Movers:
Qualcomm (NASDAQ: QCOM) rose 7% after it reported strong quarterly results and guidance. It also announced a new $15 billion buyback program.
Match forecasts lackluster revenue as Tinder turnaround takes longer
November 6, 2024 4:21 PM ESTBy Jaspreet Singh
(Reuters) -Match Group projected fourth-quarter revenue below Wall Street estimates on Wednesday, signaling that a turnaround of its dating apps including Tinder would take longer and sending shares of the company down more than 13% in extended trading.
The company also missed third-quarter revenue estimates. Smaller rival Bumble, meanwhile, posted its first decline in quarterly sales since going public in 2021 and also said it would take longer for its app revamp to payoff.
Match's weak results could give... More
Match Group (MTCH) Tops Q3 EPS by 3c, Guidance Misses Consensus
November 6, 2024 4:15 PM ESTMatch Group (NASDAQ: MTCH) reported Q3 EPS of $0.51, $0.03 better than the analyst estimate of $0.48. Revenue for the quarter came in at $895 million versus the consensus estimate of $902.86 million.
GUIDANCE:
Match Group sees Q4 2024 revenue of $865-875 million, versus the consensus of $906 million.
For Q4, we expect... More