Professional
Added to YB: 2024-02-01
Pitch date: 2024-02-01
MTCH [neutral]
Match Group, Inc.
+2.92%
current return
Author Info
Company Info
Match Group, Inc. provides digital technologies in the United States and internationally. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia.
Market Cap
$8.8B
Pitch Price
$36.82
Price Target
N/A
Dividend
2.11%
EV/EBITDA
10.65
P/E
14.50
EV/Sales
3.35
Sector
Interactive Media and Services
Category
turnaround
Match Group 4Q23 Update
MTCH Q4: Tinder payers -8% to 10M, rev +11% on 21% RPP growth. Pricing drove payer loss, stabilization delayed to Q3. Product refresh for younger users key to revitalization. $100M investment in Tinder & marketing. Hinge growing. Elliott stake may optimize apps & R&D spend. $1B buyback. Upside if payer growth resumes.
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