MTCH - Match Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
74.93
-1.24 (-1.63%)
At close: 4:00PM EDT

74.85 -0.08 (-0.11%)
Pre-Market: 4:15AM EDT

Stock chart is not supported by your current browser
Previous Close 76.17
Open 75.82
Bid 73.50 x 900
Ask 0.00 x 900
Day's Range 74.65 - 77.05
52 Week Range 33.30 - 95.32
Volume 1,332,250
Avg. Volume 2,198,369
Market Cap 21.054B
Beta (3Y Monthly) -0.00
PE Ratio (TTM) 44.71
EPS (TTM) 1.68
Earnings Date Nov 4, 2019 - Nov 8, 2019
Forward Dividend & Yield N/A (N/A)
Ex-Dividend Date 2018-12-04
1y Target Est 88.56
Trade prices are not sourced from all markets
  • Viral robot Sophia says she’s a ‘fan’ of dating apps — and determined who should pay on first dates
    Yahoo Finance

    Viral robot Sophia says she’s a ‘fan’ of dating apps — and determined who should pay on first dates

    Lifelike humanoid robot Sophia says humans should be open to dating apps and that she finally solved who should pays on first dates.

  • Match Group (MTCH) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Match Group (MTCH) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Match Group (MTCH) closed at $74.83, marking a -0.94% move from the previous day.

  • Can Competitive Pricing Boost Apple's Revenues?
    Zacks

    Can Competitive Pricing Boost Apple's Revenues?

    The tech behemoth has lowered the price of its cheapest iPhone significantly.

  • Facebook Dating Yet Another Positive Catalyst for FB Stock
    InvestorPlace

    Facebook Dating Yet Another Positive Catalyst for FB Stock

    Facebook (NASDAQ:FB) hit a home run when the company announced its dating feature in the U.S. markets. Match Group (NASDAQ:MTCH) will no longer enjoy the absence of competition in the online dating market. Facebook has a huge user base and now has the chance to leverage Instagram alongside Facebook and the Facebook Dating app.Facebook will help its billions of users find a match based on common interests in events, groups, and hobbies. It will even integrate Instagram so that users may include such posts on their Facebook dating profile. The "Secret Crush" lists allow users to add both their Instagram followers and their friends. By the end of the year, users may add Instagram Stories. Dating Faces Safety ConcernsAfter the data leak, users might express skepticism over Facebook Dating safety. But users must opt in to this new feature. The Dating profile is also separate from a user's main profile. The fundamental difference between Facebook and this Dating feature is that users may choose to get matches with friends, friends of friends, and people not in the friend circle.InvestorPlace - Stock Market News, Stock Advice & Trading TipsInvestors recognized the threat Facebook has on the online dating market. Last week, Match stock fell ~5% to $81.47. The chart watchers saw a "double top" at around $90 on the charts. Government Scrutiny IntensifiesOn Sept. 6, New York State Attorney General Letitia James said she would lead an investigation against Facebook for antitrust issues. "Even the largest social media platform in the world must follow the law and respect consumers," she said. "I am proud to be leading a bipartisan coalition of attorneys general in investigating whether Facebook has stifled competition and put users at risk." * 7 Deeply Discounted Energy Stocks to Buy The bad news for investors is that Facebook may have to settle without admitting guilt. The government gets paid but the end-users ultimately pay for the damages.Recall that on July 24 Facebook agreed to a settlement with the Federal Trade Commission. It will pay a record $5 billion fine over its privacy policies. This amount represents 9% of its 2018 revenue. Still, the company generated revenue of $16.9 billion in the second quarter alone. Much of its revenue is from advertising. So long as add spend from U.S. and Canada grows, Facebook can afford to settle with the government. EU Investigates FacebookMeanwhile, EU antitrust regulators are scrutinizing Facebook's planned Libra currency launch. The EU is worried that the cryptocurrency may shut out rivals and restrict competition through the use of information and consumer data. Sadly, Facebook did not even launch the currency, so the investigation may prove premature. Besides, there are many other well-established payment systems. Visa (NYSE:V), MasterCard (NYSE:MA), and PayPal (NASDAQ:PYPL) all offer some form of electronic payment options.The EU's pre-emptive strike against Facebook is unwise. It may deter the social networking giant from entering the market. This would pave the way for a China-based firm to come in instead. Conversely, the U.S. banks and credit card companies may get a head start if the EU delays' Facebook's entry in the cryptocurrency market. * 7 Stocks to Buy In a Flat Market Valuation Here and NowInvestors who forecast a ~20% CAGR in a 5-year DCF growth exit model will arrive at a fair value of $196-$273 for Facebook stock. At a 9.5% discount rate, the implied fair value is $228. Its intrinsic value based on future cash flow is even more bullish. Per Simplywall.St, FB stock is more than 20% discounted from its future cash flow and has plenty of upside for shareholders ahead.On Wall Street, Facebook stock has a $234 target average among 36 analysts tracked by TipRanks.Facebook continues to attract healthy advertising spending. It faces no immediate competition from other social networking sites, either. Investors will do well holding or accumulating FB stock at current levels.Disclosure: As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post Facebook Dating Yet Another Positive Catalyst for FB Stock appeared first on InvestorPlace.

  • Huya Stock Joins Stocks To Watch With Twitter, Match, Momo, Yandex
    Investor's Business Daily

    Huya Stock Joins Stocks To Watch With Twitter, Match, Momo, Yandex

    Huya stock is among the stocks to watch, along with fellow leaders Twitter, Match, Yandex and Momo. The live streaming esports player is nearing a buy point.

  • PR Newswire

    Match Group to Participate at Deutsche Bank 2019 Technology Conference

    DALLAS , Sept. 9, 2019 /PRNewswire/ -- Match Group (NASDAQ: MTCH) will attend the Deutsche Bank 2019 Technology Conference in Las Vegas at the Encore at Wynn on Tuesday, September 10 , 2019.  Gary Swidler ...

  • 3 A-Grade Stocks With Best-In-Class Momentum
    TipRanks

    3 A-Grade Stocks With Best-In-Class Momentum

    If you are looking for fresh investing inspiration, look no further. The following three stocks are displaying very strong momentum right now. Year-to-date the returns of these stocks easily surpass the S&P 500’s 19% gain. And what’s more the Street is confident that this momentum is sustainable. That’s reflected in the ‘buy’ consensus for each stock. Here we use TipRanks to find out why best-performing analysts believe these stocks are poised for continued outperformance: Lululemon Athletica inc. (LULU)Vancouver-based specialty retailer Lululemon is buzzing right now. The company is a key pioneer of the popular athleisure look. With over 400 stores to its name, LULU sells technical, high quality, and premium-priced athletic apparel- and most crucially, is set for significant expansion.Shares have exploded 67% year-to-date, with a 10% boost in just the last five days. Indeed, the company has just reported first-rate earnings results for the second quarter. LULU’s 2Q EPS of $0.96 sailed past Street estimates for $0.89. This was largely due to: 1) big same-store-sales (SSS) beat (+17% ex-FX vs Street +12%) and; 2) largely ~in-line gross margins. In a report titled “Warrior 2Q: Best-in-Class Momentum + Investing for the Long-Term Continues”, Credit Suisse analyst Michael Binetti ramped up his price target from $198 all the way to $235 (16% upside potential). “We’re significantly impressed that LULU accelerated SSS (1-yr and 2-yr basis) in an increasingly volatile macro in 2Q” the analyst explained. Similarly high praise comes from Bank of America’s Rafe Jadrosich, who has a buy rating and $230 price target on the stock. That’s up from just $200 previously. “We believe LULU is one of the best sq. footage growth stories in retail with a strong brand, innovative product and significant international expansion opportunity. We expect solid same-store sales growth to support continued operating margin expansion” cheers the analyst, calling LULU an ‘outlier’ in the challenging retail environment.Overall the stock has a Moderate Buy analyst consensus, with some analysts citing an ‘elevated’ valuation as keeping them on the sidelines. Docusign Inc (DOCU)As the name suggests, Docusign helps organizations connect and automate including how they prepare, sign, act on, and manage agreements. On September 5, DOCU returned to its usual beat and raise story- reassuring investors that last quarter’s disappointing billings growth was just a blip on the radar. The company posted robust 2Q headline numbers with billings the clear star of the show accelerating 47% year over year supported by a top line that beat the Street by ~7%. For instance, revenue of $235.61 million swept past the $220 million expected by analysts. “Based on the stellar results last night, our increased confidence in the company's ability to execute, and increased estimates we are upgrading DOCU to Outperform from Neutral and raising our price target to $65 from $48” top Wedbush analyst Daniel Ives told investors. His new price target indicates 16% upside potential from current levels.For Ives a main highlight was DOCU's impressive international business. The company reported 47% y/y growth with particular strength in the UK, Canada and Australia as this segment continues to catch up with its North American counterpart. This is very encouraging says Ives, as international is a major key in DOCU's strategy to maintaining its steep growth trajectory.As a result, the analyst concluded: “Our lingering concerns around the company's ability to navigate success and execution issues, especially internationally, is now a worry in the rear view mirror in our opinion.” Indeed, the stock boasts a Strong Buy Street consensus, with 8 out of 9 analysts rating DOCU a ‘buy’ right now. “eSignature is still a largely untapped opportunity and the competition is falling farther and farther behind” enthuses JMP Securities analyst Patrick Walravens. Meanwhile the average price target of $67 indicates 20% upside potential for the coming months. Match Group Inc (MTCH)If you are looking for love, chances are you have checked out one of Match Group’s offerings. The company is the name behind some of the biggest online dating platforms in the business- from Tinder, to OKCupid to Match.com.Shares have rallied an incredible 90% year-to-date, but analysts remain confident further growth lies ahead. Indeed, SunTrust Robinson analyst Youssef Squali has just moved to the bull camp while hitching his price target from $90 to $106. “Positive intra-quarter app traffic and revenue trends for MTCH's myriad of brands across several geographies show sustained positive momentum QTD [quarter to date], causing us to raise our estimates and upgrade the stock to Buy from Hold” explained the analyst. He is confident that, come Q3, Tinder will once again print one of its best quarterly net adds ever, with further headroom to grow. “Non-Tinder subsidiaries seem to have stabilized with legacy brands -- Match and OkCupid, turning the corner given a bigger marketing push, while newer brands namely Hinge, Pairs, and Harmonica are showing early promise” the analyst added. And keep an eye out for short term catalysts including pending divestiture from the mothership IAC (IAC) and a buyback reload.Encouragingly, the Street remains on side despite Facebook’s (FB) recent expansion into the dating arena. The social media giant has just announced that it is planning to introduce its dating product to 20 geographies, including the US. The product is mostly the same as the one launched at the F8 developer conference in 2018 with the rollout of the “secret crush” feature from F8 2019 and a deeper Instagram integration. “More bark than bite so far” wrote Squali on September 5, adding “while it is a major headline risk for Match Group, the worldwide market leader, we do not see it as posing a material financial risk to the company.” He believes that 1) Match's portfolio approach of brands focusing on specific interest groups, 2) under-penetration of the category in most markets served, and 3) current leadership position, should ensure continued healthy growth with relatively limited FB impact.In total, MTCH shows a Moderate Buy consensus, with 6 buy ratings vs 4 hold ratings. The average price target works out at $95 (16% upside potential). Discover the Street’s best-rated stocks with the Top Analysts’ Stocks tool

  • Benzinga

    Facebook Dating Vs. Match.com Vs. Tinder

    If you’re looking for love, over 18 and on Facebook, you can now opt in to the new Facebook Dating platform and create a separate Dating profile. Facebook, Inc . (NASDAQ: FB )’s new dating platform will ...

  • Will Facebook Dating Break Tinder's Heart?
    Motley Fool

    Will Facebook Dating Break Tinder's Heart?

    Facebook's answer to Match Group's Tinder app finally arrives in its home market.

  • Facebook Dating Feature Expands Into U.S.; Match Stock Falls On News
    Investor's Business Daily

    Facebook Dating Feature Expands Into U.S.; Match Stock Falls On News

    Facebook expanded its online dating service to the U.S. on Thursday, and is now taking on the popular mobile dating app Tinder. Shares of Match, Tinder's parent fell on the Facebook news.

  • Can Facebook Dating Push FB Stock Higher?
    Zacks

    Can Facebook Dating Push FB Stock Higher?

    The social media giant's dating venture could prove to be a turning point for the stock.

  • This DFW millennial leader is bringing fresh insights that tap age-old approaches to romance
    American City Business Journals

    This DFW millennial leader is bringing fresh insights that tap age-old approaches to romance

    Don't confuse Match with Tinder: Hesam Hosseini in Dallas is recharging the service with new tech and a human touch for building relationships.

  • Will Facebook Do to Match What It Did to Snap?
    Motley Fool

    Will Facebook Do to Match What It Did to Snap?

    The social media giant's new dating feature could be a major challenge for Match Group.

  • MarketWatch

    Match's stock swings lower after Facebook Dating is launched, dragging IAC shares down as well

    Shares of Match Group Inc. reversed course Thursday, swinging to a loss of 6.0% in afternoon trading after being up as much as 4.4% soon after the open, after Facebook Inc. entered the matchmaking fray with the launch of Facebook Dating. Match's stock had gained earlier after SunTrust Robinson Humphrey upgraded it to buy from hold, citing optimism for the continued growth of its Tinder dating app. Although the stock sold off after Facebook became a competitor, Analyst Benjamin Black at Evercore ISI said the launch of Facebook Dating "more than anything else" just validates the total addressable market of the online dating market. "Notably, FB Dating was launched in mid-2018, expanding its presence into 19 countries (before the U.S. launch) with no discernible impact on [Match's] subscriber or revenue growth trajectory, as users demonstrated a preference to separate their social and dating lives," Black wrote in a note to clients. Meanwhile, Match's stock selloff dragged shares of IAC/InterActiveCorp down 4.3%, after they were up as much as 1.7% earlier. IAC is Match's largest shareholder, as IAC is Match's parent company. Last month, IAC said it was reviewing whether to spin off Match.

  • Match Group Has the Most to Lose as Facebook Debuts Its Dating Service
    Motley Fool

    Match Group Has the Most to Lose as Facebook Debuts Its Dating Service

    The long-awaited Dating option is now available in the U.S.

  • Facebook launches dating service in United States
    Reuters

    Facebook launches dating service in United States

    The company said users will be able to integrate their Instagram accounts with Facebook's dating profile and add Instagram followers to their "Secret Crush" lists. The service would be optional for Facebook and Instagram users, the company said, adding that dating activity of users will not appear on their profile or news feed. The service will be available only to users aged 18 and over, who can decide who gets to see their dating profile, Facebook said.

  • Barrons.com

    Match Group Stock Is Falling, but One Analyst Rates It Buy Based on ‘Positive Momentum’

    With continued strength at Tinder and signs of promise at its other dating brands, shares of (MTCH)should keep rising, a bullish analyst wrote Thursday. Match stock (ticker: MTCH), up roughly 100% in 2019, was down 4.5% to $81.79 Thursday morning as the S&P 500rose 1.4% on optimism about the U.S.-China trade relationship. SunTrust Robinson Humphrey analyst Youssef Squali upgraded the shares to Buy from Hold, raising his price target from $90 to a Street-high—by $1, it should be noted—$106.

  • UPDATE 2-Facebook launches dating service in United States
    Reuters

    UPDATE 2-Facebook launches dating service in United States

    Facebook Inc is launching its dating services in the United States, the social network said on Thursday, sending its shares up 2%. The company said users will be able to integrate their Instagram accounts with Facebook's dating profile and add Instagram followers to their "Secret Crush" lists. The service would be optional for Facebook and Instagram users, the company said, adding that dating activity of users will not appear on their profile or news feed.

  • Benzinga

    Facebook Dating Service Arrives

    The new platform is already live and a Facebook user can opt into Facebook Dating and create a Dating profile, which is separate from the main profile. Users can browse the Dating platform and find connections based on preferences, interests, and other things a user does on Facebook.

  • Bloomberg

    Facebook Boosts New Dating App With Instagram Integration

    (Bloomberg) -- Facebook Inc.’s new dating feature has led to at least one important match: The marriage of users’ Facebook and Instagram profiles for the first time. The social giant announced Thursday that it is launching its nascent dating service in the U.S.—a feature that’s been tested in 19 other countries since it was unveiled in May 2018.Users can combine elements of their Facebook and Instagram accounts to create a separate dating profile—the most notable way Facebook has ever combined the two entities from a product perspective. Facebook Dating will exist inside Facebook’s main app, but users will be able to pull photos from their Instagram profiles into their dating profile, and by the end of the year be able to publish their Instagram Stories to their dating profile as well.Facebook daters can also use their Instagram followers for a feature called “Secret Crush,” which could match them with another Facebook Dating user from their Instagram network. Users can’t be matched with one of their Facebook friends simply by listing them as a “secret crush”— an effort to avoid embarrassing or awkward connections. They can, however, match with a friend if both people add each other. The secret crush list had been limited to a user’s Facebook friends, but has been expanded to include Instagram contacts as well.  While the two services have always shared resources and data behind the scenes, including information gathered for targeted advertising, Facebook and Instagram have historically operated independently. Those lines began to blur in early 2018 as Facebook executives demanded Instagram help spur growth through product changes that would drive more users to Facebook’s core app from Instagram. Facebook pushed Instagram to find more ways to link users back to their Facebook profile, for example, while simultaneously scaling back its effort to increase Instagram usage from within the Facebook app.Instagram co-founders Kevin Systrom and Mike Krieger ultimately left Facebook last year after clashing with Chief Executive Officer Mark Zuckerberg over Instagram’s autonomy. Since then, multiple Instagram teams have been restructured to report to Facebook, employees have been given Facebook email addresses to replace their Instagram ones and Facebook is working behind the scenes to connect the two apps’ messaging services. Despite the changes, Instagram’s product has always felt independent from Facebook’s core app. It’s not uncommon for users to be unaware that Facebook owns and operates Instagram, too. Facebook dating will likely be a small feature within the broader Facebook service, but the symbolism of combining the products on the consumer level is notable, especially given the other changes happening at Facebook behind the scenes. Facebook launched dating in May 2018—shortly after the Cambridge Analytica privacy scandal—with the idea that the social network’s mission to bring people closer together should include romantic relationships. The company declined to say how many people use the feature, but has expanded it to 20 countries, including Brazil, Mexico and Vietnam, in the past 16 months. The service is free.“Right now it’s a really feel-good mission, it’s just connecting people,” said Nathan Sharp, the product executive leading Facebook’s dating efforts. “There are no plans for ads and no plans for subscriptions.”Facebook’s efforts could become significant competition for Match Group Inc., which owns the currently most-popular dating site, Tinder.  With its new service, Facebook could leverage its extensive web of connections among people and data on relationships as well as its massive financial resources to compete with rivals.Match shares tumbled as much as 7% Thursday after Facebook’s announcement. They are still up 91% this year. Such gains prompted an ill-timed upgrade from SunTrust Robinson Humphrey, which wrote in a note published earlier in the day that Match was seeing “sustained momentum’’ in the third quarter and that it has “further room to grow.” Facebook shares gained 2%.Sharp says Facebook has put a lot of thought into the dating feature and its privacy implications—an effort Facebook wants to highlight given the company’s repeated privacy missteps. Data from a user’s dating profile, for example, won’t be used for targeted advertising, Sharp said. If you use Facebook dating, your Facebook friends won’t be alerted or matched with you, he added. (Unless you are matched with your “secret crush.”)To contact the author of this story: Kurt Wagner in San Francisco at kwagner71@bloomberg.netTo contact the editor responsible for this story: Andrew Pollack at apollack1@bloomberg.net, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Match Group (MTCH) Down 6.7% Since Last Earnings Report: Can It Rebound?
    Zacks

    Match Group (MTCH) Down 6.7% Since Last Earnings Report: Can It Rebound?

    Match Group (MTCH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Better Buy: Momo vs. Match Group
    Motley Fool

    Better Buy: Momo vs. Match Group

    Should you invest in the “Tinders of China” instead of the original Tinder?

  • TheStreet.com

    Facebook Goes for the Heart With Dating Site, Match Group Sobs

    Facebook launches its dating site, Facebook Dating, in the U.S., a heartbreaker for Match Group and its parent IAC/InterActive IAC.

  • Facebook is getting into the dating game because they want you to find love
    Yahoo Finance Video

    Facebook is getting into the dating game because they want you to find love

    Facebook shares are up after the tech giant announced its new dating service, “Facebook Dating.” According to Facebook, the company's goal is to “take the work out of creating a dating profile and give you a more authentic look at who someone is.” Yahoo Finance’s Myles Udland, Jen Rogers and Dan Howley sit down to find out what it'll take to find love.

  • Facebook launches dating services
    Yahoo Finance Video

    Facebook launches dating services

    Facebook is launching its new dating service called “Facebook Dating.” According to Facebook, the service will, “take the work out of creating a dating profile and gives you a more authentic look at who someone is.” Yahoo Finance’s Zack Guzman and Kristin Myers discuss with Payne Capital Management Financial Advisor Courtney Dominguez