Match Group (MTCH) AI Stock Analysis

• Market Cap: $7.21B
• Dividend Yield: 1.29%
• Average Volume (3M): 5.27M
• Price to Earnings (P/E): 14.5
• Beta (1Y): 0.39
• Revenue Growth: 0.40%
• EPS Growth: -11.05%
• Country: US
• Employees: 2,500
• Sector: Communication Services
• Sector Strength: 87
• Industry: Internet Content & Information
• EPS (TTM): 0.44
• Shares Outstanding: 245,225,330
• 10 Day Avg. Volume: 6,929,047
• 30 Day Avg. Volume: 5,271,834
• PEG Ratio: -1.82
• Price to Book (P/B): -107.47
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.60
• Enterprise Value/Market Cap: 1.33
• Enterprise Value/Revenue: 0.69
• Enterprise Value/Gross Profit: 3.95
• Enterprise Value/Ebitda: 2.51
• 1Y Price Target: $33.36
• Price Target Upside: 15.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14

Match Group's overall score reflects a balanced view of its strengths and challenges. Strong operational efficiency and strategic initiatives are countered by high leverage, declining revenues in key segments, and mixed technical indicators. The company's ability to implement its strategic plans effectively will be critical to future performance.

Positive Factors

Earnings

MTCH reported a modest beat and slight raise in Q1, aided by USD weakening.

Product Development

Tinder recently launched Double Date in several European markets, resonating with younger users and women, driving strong new user activation.

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

Market Sentiment

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.

Revenue

Tinder's direct revenue declined 7% year-over-year, reflecting a decrease in payers and revenue per payer.

User Trends

Tinder MAU and Payer trends remained negative and management noted some early indications of weakening ALC purchases at Tinder amid macro uncertainty.

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 primarily generates revenue through subscription fees and in-app purchases across its suite of dating platforms. Tinder, being one of its most popular apps, offers Tinder Plus, Tinder Gold, and Tinder Platinum subscription tiers, providing users with premium features such as unlimited swipes, profile boosts, and more. Besides subscriptions, Match Group also earns from in-app purchases, which allow users to buy features like Super Likes and Boosts. The company occasionally collaborates with third-party advertisers for additional revenue, leveraging its extensive user base for targeted advertising opportunities. While subscriptions form the bulk of its revenue, strategic acquisitions and partnerships help in expanding its reach and enhancing its service offerings.

Match Group Financial Statement Overview

Summary

Match Group demonstrates strong revenue and profit margins, indicating operational efficiency and a growing revenue base. However, the negative equity and high leverage present risks to financial stability. Cash flow management appears adequate, though recent declines and missing data warrant caution. Overall, while the company shows strengths in revenue and profitability, its financial stability is an area of concern.

Income Statement

Match Group exhibits a stable income performance with a consistent gross profit margin around 70-72% over the years. While the net profit margin has decreased slightly from 2023 to 2024, it remains healthy. Revenue growth is evident, increasing from $2.39 billion in 2020 to $3.48 billion in 2024, signifying a positive revenue trajectory despite a decline from 2019. EBIT and EBITDA margins are robust, indicating operational efficiency.

Balance Sheet

The balance sheet is concerning due to negative stockholders' equity, indicating potential financial instability. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio is negative, highlighting high leverage. This poses a risk, although the company maintains substantial assets.

Cash Flow

Cash flow analysis reveals inconsistent free cash flow growth. While operating cash flow remains positive, it has seen a decline in 2024. The company maintains a reasonable free cash flow to net income ratio, but the absence of recent free cash flow data limits analysis. Positive cash flow from operations suggests decent liquidity management.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.48B	3.36B	3.19B	2.98B	2.39B
	Gross Profit
2.49B	2.41B	2.23B	2.14B	1.76B
	EBIT
823.31M	916.90M	889.29M	386.64M	745.72M
	EBITDA
1.03B	1.05B	662.79M	921.64M	794.51M
	Net Income Common Stockholders
551.28M	651.54M	361.95M	277.72M	587.68M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
970.73M	868.64M	581.12M	827.20M	739.16M
	Total Assets
4.47B	4.51B	4.18B	5.06B	3.05B
	Total Debt
3.93B	3.96B	3.84B	3.93B	3.84B
	Net Debt
2.97B	3.09B	3.26B	3.11B	3.10B
	Total Liabilities
4.53B	4.53B	4.54B	5.26B	4.46B
	Stockholders Equity
-63.66M	-19.55M	-359.88M	-203.77M	-1.41B
Cash Flow		Free Cash Flow
0.00	829.38M	476.56M	832.53M	759.81M
	Operating Cash Flow
0.00	896.79M	525.69M	912.50M	802.18M
	Investing Cash Flow
0.00	-76.58M	-71.70M	-939.83M	-4.89B
	Financing Cash Flow
0.00	-534.07M	-689.17M	111.11M	1.68B

Match Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 28.98
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 28.98 is below the 20-day moving average (MA) of 29.46, below the 50-day MA of 29.95, and below the 200-day MA of 33.14, indicating a bearish trend. The MACD of -0.32 indicates Positive momentum. The RSI at 47.09 is Neutral, neither overbought nor oversold. The STOCH value of 52.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	$1.66B	25.14	9.18%	4.21%	26.71%	-23.67%
WB	68 Neutral	$2.17B	7.50	8.74%	9.17%	-0.29%	-12.84%
IQ	64 Neutral	$1.91B	17.31	6.01%	―	-9.84%	-61.26%
MTCH	63 Neutral	$7.21B	14.51	-865.98%	1.29%	0.40%	-11.05%
Sector *	60 Neutral	$14.02B	6.62	-2.88%	3.71%	2.35%	-37.08%
IAC	58 Neutral	$3.11B	―	-15.07%	―	-18.11%	-516.37%
JOYY	55 Neutral	$2.20B	―	-2.96%	2.19%	-1.33%	-148.56%

Match Group Corporate Events

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.

Spark’s Take on MTCH Stock

According to Spark, TipRanks’ AI Analyst, MTCH is a Neutral.

Match Group’s overall stock score reflects a balanced view of the company’s strengths and challenges. Strong revenue growth and promising product initiatives are key positives, while financial instability and growth challenges at Tinder are significant risks. Recent board changes and the appointment of a new CEO provide a fresh strategic direction, which is expected to enhance future performance.

To see Spark’s full report on MTCH stock, click here.

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.

Spark’s Take on MTCH Stock

According to Spark, TipRanks’ AI Analyst, MTCH is a Neutral.

Match Group’s overall stock score reflects a balanced view of the company’s strengths and challenges. Strong revenue growth and promising product initiatives are key positives, while financial instability and growth challenges at Tinder are significant risks. The appointment of a new CEO provides a fresh strategic direction, which is expected to enhance future performance.

To see Spark’s full report on MTCH stock, click here.

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.

Spark’s Take on MTCH Stock

According to Spark, TipRanks’ AI Analyst, MTCH is a Neutral.

Match Group’s overall stock score reflects strong revenue performance and operational efficiency, tempered by concerns about financial stability due to negative equity and high leverage. While technical indicators show short-term bearish momentum, the valuation appears fair. The new CEO appointment and the company’s strategic initiatives provide optimism, though challenges with Tinder and FX impacts persist.

To see Spark’s full report on MTCH stock, click here.

Match Group Appoints Hesam Hosseini as COO

On February 28, 2025, Match Group announced the appointment of Hesam Hosseini as Chief Operating Officer effective April 1, 2025, in addition to his role as CEO of Evergreen & Emerging Brands. The company also entered into an employment agreement with Hosseini, outlining his compensation and conditions for termination. Additionally, Gary Swidler, the company’s President, announced his resignation effective July 4, 2025, transitioning to an advisory role from April 1, 2025.