Match Group (MTCH) AI Stock Analysis

• Market Cap: $7.57B
• Dividend Yield: 2.46%
• Average Volume (3M): 4.09M
• Price to Earnings (P/E): 15.2
• Beta (1Y): 0.41
• Revenue Growth: 0.40%
• EPS Growth: -11.05%
• Country: US
• Employees: 2,500
• Sector: Communication Services
• Sector Strength: 92
• Industry: Internet Content & Information
• EPS (TTM): 0.44
• Shares Outstanding: 245,225,330
• 10 Day Avg. Volume: 4,746,312
• 30 Day Avg. Volume: 4,089,698
• PEG Ratio: 1.21
• Price to Book (P/B): -32.58
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 24.60
• Enterprise Value/Market Cap: 1.98
• Enterprise Value/Revenue: 1.08
• Enterprise Value/Gross Profit: 6.04
• Enterprise Value/Ebitda: 3.77
• 1Y Price Target: $33.43
• Price Target Upside: 8.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14

• Rating: 64 Neutral
• Price Target: $33.00 ▲(6.97%Upside)

Match Group's overall stock score reflects a balance of strong operational efficiency and strategic initiatives against financial risks and challenges in key revenue segments. The company's focus on product innovation and efficiency, coupled with reasonable valuation metrics, supports a cautiously optimistic outlook. However, the high leverage and negative equity remain significant concerns that need addressing to ensure long-term stability.

Positive Factors

Organizational Strategy

Efforts to streamline the company organization and a new sense of urgency under Match’s new CEO are viewed as positives.

Product Development

Match Group announced a cost centralization plan set to save ~$100M annually, which will be reinvested in product development and international expansion.

Shareholder Returns

Continued commitment to shareholder returns is expected through dividends and share repurchases, with at least 100% of free cash flow to be deployed to shareholders in 2025.

Negative Factors

Growth Expectations

The stock has faded after the print, which is attributed to slower-than-expected Tinder growth, recent macro-led ALC weakness, lack of margin upside from the cost reduction, and negative investor sentiment.

Macro Environment

The worsening consumer discretionary macro is starting to impact Tinder among younger users.

User Trends

Continued Tinder declines, characterized as largely unintentional, have pressured the share price.

Match Group Business Overview & Revenue Model

Company Description

Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas.

How the Company Makes Money

Match Group generates revenue primarily through its subscription-based business model. Users can access basic features for free, but the company offers premium subscription options that provide additional features such as ad-free experiences, advanced search capabilities, and 'super likes' to increase visibility on platforms like Tinder. These subscriptions are the main revenue stream for Match Group. Additionally, the company earns money through in-app purchases, where users can buy virtual goods and enhanced functionalities to improve their chances of making connections. Advertising also contributes to revenue, though to a lesser extent, as Match Group allows limited advertising on its platforms. Strategic partnerships and acquisitions have further expanded its market presence and user base, contributing to its earnings.

Match Group Financial Statement Overview

Summary

Match Group's financial performance is mixed. Strong operational efficiency and cash flow management are evident, but high leverage and negative equity pose risks. Slowing revenue growth and a moderate net profit margin highlight areas for improvement.

Income Statement

Match Group's revenue growth has slowed, with a slight decrease in the latest TTM compared to the previous annual period. Gross profit margin remains strong at around 71.9% TTM, indicating efficient cost management. However, the net profit margin of 15.8% TTM suggests room for improvement in controlling non-operational costs. EBIT and EBITDA margins are solid, reflecting robust operational efficiency.

Balance Sheet

The company's balance sheet shows a negative stockholders' equity, indicating liabilities exceed assets, which is a potential risk factor. The debt-to-equity ratio cannot be calculated due to negative equity, but high total debt compared to assets suggests significant leverage. Despite these concerns, Match Group continues to generate income, as shown by positive net income figures.

Cash Flow

Match Group demonstrates strong cash flow generation, with robust operating cash flow compared to net income (1.54 TTM). The free cash flow to net income ratio is also healthy (1.45 TTM), indicating efficient cash utilization. However, the negative free cash flow growth rate suggests potential challenges in maintaining cash flow momentum.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.45B	3.48B	3.36B	3.19B	2.98B	2.39B
Gross Profit	2.48B	2.49B	2.41B	2.23B	2.14B	1.76B
EBITDA	955.26M	951.63M	1.05B	662.79M	921.64M	794.51M
Net Income	545.65M	551.28M	651.54M	361.95M	277.72M	587.68M
Balance Sheet
Total Assets	3.89B	4.47B	4.51B	4.18B	5.06B	3.05B
Cash, Cash Equivalents and Short-Term Investments	414.17M	970.73M	868.64M	581.12M	827.20M	739.16M
Total Debt	3.43B	3.85B	3.96B	3.84B	3.93B	3.84B
Total Liabilities	4.07B	4.53B	4.53B	4.54B	5.26B	4.46B
Stockholders Equity	-182.71M	-63.66M	-19.55M	-359.88M	-203.77M	-1.41B
Cash Flow
Free Cash Flow	792.96M	882.14M	829.38M	476.56M	832.53M	759.81M
Operating Cash Flow	841.73M	932.72M	896.79M	525.69M	912.50M	802.18M
Investing Cash Flow	-48.98M	-58.54M	-76.58M	-71.70M	-939.83M	-4.89B
Financing Cash Flow	-1.30B	-758.30M	-534.07M	-689.17M	111.11M	1.68B

Match Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTCH, the sentiment is Positive. The current price of 30.85 is below the 20-day moving average (MA) of 30.89, above the 50-day MA of 30.07, and below the 200-day MA of 32.39, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 52.34 is Neutral, neither overbought nor oversold. The STOCH value of 44.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MTCH.

Match Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OPRA	80 Outperform	$1.65B	25.06	9.18%	4.22%	26.71%	-23.67%
WB	73 Outperform	$2.37B	7.15	10.79%	8.48%	0.83%	22.06%
MTCH	64 Neutral	$7.57B	15.22	-865.98%	2.46%	0.40%	-11.05%
JOYY	64 Neutral	$2.64B	―	-2.48%	7.39%	-3.61%	-143.37%
IQ	64 Neutral	$1.70B	42.24	2.21%	―	-10.05%	-85.30%
Sector *	61 Neutral	$41.40B	-1.28	-14.21%	3.95%	2.45%	-73.69%
IAC	60 Neutral	$3.00B	―	-15.07%	―	-18.11%	-516.37%

Match Group Corporate Events

Match Group Stockholders Approve Key Governance Changes

On June 18, 2025, Match Group, a leading provider of dating products, held its annual stockholders meeting where several significant decisions were made. The stockholders approved an amendment to declassify the Board of Directors over a three-year period, which was part of the Fifth Amended and Restated Certificate of Incorporation. Additionally, they ratified the appointment of Ernst & Young LLP as the company’s independent auditor for the fiscal year 2025, approved executive compensation for 2024, and endorsed the Amended and Restated 2024 Stock and Incentive Plan. These decisions reflect Match Group’s ongoing efforts to streamline governance and enhance shareholder engagement.

The most recent analyst rating on (MTCH) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on Match Group stock, see the MTCH Stock Forecast page.

Match Group Announces Cash Dividend Amid Strategic Reorganization

On May 8, 2025, Match Group announced a cash dividend of $0.19 per share, payable on July 18, 2025. The company reported its first-quarter results, highlighting a strategic reorganization under new CEO Spencer Rascoff, aimed at enhancing product development and operational efficiency. Despite a 3% year-over-year revenue decline to $831 million, the company is focused on long-term growth through workforce reductions and centralizing key functions. These changes are expected to lead to over $100 million in annualized savings and improve user outcomes, ultimately benefiting shareholders and users alike.

Match Group Announces Board Changes and New Appointments

On April 28, 2025, Alan Spoon announced he would not seek re-election to Match Group‘s Board of Directors, with Kelly Campbell nominated to fill his position. The Board also expanded to include Darrell Cavens, reflecting strategic changes aimed at enhancing governance and leadership. Match Group entered an information sharing agreement with Anson Funds, which withdrew its director nominations and proposal to declassify the Board. This collaboration is part of Match Group’s focus on sustainable growth and long-term value creation, supported by Campbell’s expertise in consumer-facing technology and brand development.

Match Group Appoints Darrell Cavens to Board

On April 6, 2025, Match Group announced the appointment of Darrell Cavens, an experienced e-commerce executive, to its Board of Directors as part of its ongoing board refreshment strategy. This move is intended to enhance the board’s expertise in digital commerce and technology-driven innovation, aligning with the company’s focus on driving shareholder value and innovation across its dating brands. Additionally, Match Group plans to seek stockholder approval to declassify its Board at the 2025 Annual Meeting, a move aimed at strengthening corporate governance. The company also advised stockholders to vote for its nominees and not support those proposed by Anson Funds, which holds less than 0.5% of Match Group’s common stock.