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Added to YB: 2024-12-05

Pitch date: 2024-12-03

MTCH [bullish]

Match Group, Inc.

+2.51%

current return

Author Info

No bio for this author

Company Info

Match Group, Inc. engages in the provision of digital technologies. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia.

Market Cap

$9.3B

Pitch Price

$32.38

Price Target

41.00 (+24%)

Dividend

1.96%

EV/EBITDA

12.64

P/E

19.07

EV/Sales

3.62

Sector

Interactive Media and Services

Category

value

Show full summary:
MTCH: Wolfe Sees Path to Re-Rating or Privatization with $41 Price Target

MTCH: Wolfe Research bullish, $41 PT. Low expectations pre-analyst day (Dec 11). Privatization possible. 13x '26 EPS, 11% FCF yield. 3-4 quarters to prove execution. Upside: re-rating on improved trends, margin expansion, buybacks. Downside: privatization at reasonable valuation.

Read full article (1 min)