Match Group (MTCH) PT Lowered to $53 at Barclays

Go back to Match Group (MTCH) PT Lowered to $53 at Barclays

Increasing unusual put option volume: MTCH FLR APTV AKAM TMDX DBX TIP BAX FITB PSEC

November 8, 2024 5:02 AM EST

Increasing unusual put option volume: MTCH FLR APTV AKAM TMDX DBX TIP BAX FITB PSEC

... More

Match Group (MTCH) PT Lowered to $40 at Goldman Sachs

November 8, 2024 4:57 AM EST

Goldman Sachs analyst Alexandra Steiger lowered the price target on Match Group (NASDAQ: MTCH) to $40.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "In its Q324 earnings report, Match Group produced a weaker set of results with Tinder facing several headwinds including pressure on user... More

Match Group (MTCH) PT Lowered to $35 at Truist Securities

November 7, 2024 2:21 PM EST

Truist 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 EST

Increasing unusual put option volume: YETI NXE FSLY TRIP EWW MTCH EQNR DT PTEN CRH CSX OWL

... More

After-hours movers: Qualcomm, e.l.f. Beauty, Lyft and more

November 6, 2024 4:53 PM EST

After-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.

e.l.f. Beauty (NYSE: ELF)... More

Match forecasts lackluster revenue as Tinder turnaround takes longer

November 6, 2024 4:21 PM EST

By 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 EST

Match 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