Match Group (NASDAQ:MTCH) Now Covered by Wells Fargo & Company

Wells Fargo & Company started coverage on shares of Match Group (NASDAQ:MTCH) in a research note published on Tuesday, Marketbeat.com reports. The brokerage issued an equal weight rating and a $30.00 price target on the technology company’s stock.

MTCH has been the subject of several other research reports. TD Cowen dropped their price target on shares of Match Group from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Truist Financial dropped their price target on shares of Match Group from $35.00 to $34.00 and set a “hold” rating for the company in a research report on Wednesday, February 4th. Morgan Stanley set a $35.00 price target on shares of Match Group in a research report on Wednesday, February 4th. JPMorgan Chase & Co. dropped their price target on shares of Match Group from $33.00 to $31.00 and set a “neutral” rating for the company in a research report on Wednesday, February 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $37.00 price target on shares of Match Group in a research report on Wednesday, December 10th. Five analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $35.64.

Match Group Stock Performance

Shares of Match Group stock opened at $31.92 on Tuesday. Match Group has a 52-week low of $26.39 and a 52-week high of $39.20. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 13.41, a price-to-earnings-growth ratio of 0.51 and a beta of 1.30. The company has a fifty day moving average of $30.98 and a 200-day moving average of $32.23.

Match Group (NASDAQ:MTCH) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.17). The business had revenue of $878.01 million during the quarter, compared to analysts’ expectations of $872.86 million. Match Group had a net margin of 17.59% and a negative return on equity of 289.29%. Match Group’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the company posted $0.59 EPS. On average, equities research analysts forecast that Match Group will post 2.44 earnings per share for the current fiscal year.

Match Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, April 7th. This represents a $0.80 annualized dividend and a dividend yield of 2.5%. This is a positive change from Match Group’s previous quarterly dividend of $0.19. Match Group’s dividend payout ratio is 33.61%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Hsbc Holdings PLC increased its stake in shares of Match Group by 24.2% in the 4th quarter. Hsbc Holdings PLC now owns 532,665 shares of the technology company’s stock worth $17,147,000 after acquiring an additional 103,774 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Match Group by 100.2% in the 4th quarter. Corient Private Wealth LLC now owns 56,770 shares of the technology company’s stock worth $1,818,000 after acquiring an additional 28,408 shares in the last quarter. Wick Capital Partners LLC bought a new position in shares of Match Group in the 4th quarter worth about $255,000. Kera Capital Partners Inc. increased its stake in shares of Match Group by 92.2% in the 4th quarter. Kera Capital Partners Inc. now owns 19,697 shares of the technology company’s stock worth $614,000 after acquiring an additional 9,447 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Match Group by 9.8% in the 4th quarter. Invesco Ltd. now owns 9,799,389 shares of the technology company’s stock worth $316,422,000 after acquiring an additional 872,524 shares in the last quarter. 94.05% of the stock is currently owned by institutional investors.

Match Group News Roundup

Here are the key news stories impacting Match Group this week:

• Positive Sentiment: Hong Kong investor interest: Coverage notes efforts to court Hong Kong investors, which could expand Match’s investor base and regional visibility if accompanied by business or listing actions. Digital Matchmaker Milian Looks For Love From Hong Kong Investors
• Neutral Sentiment: ETF/market structure pressure: BlackRock’s new IQQ ETF is positioned as a major rival to QQQ — a reshuffling in ETF flows can shift demand across large-cap tech exposure and affect sentiment for Nasdaq‑listed consumer‑tech names like MTCH. Impact on Match is indirect. QQQ Just Met Its Match With This New ETF. Here’s Why It’s a Win for Investors.
• Neutral Sentiment: Technology trend — real‑time matching: Coverage of Uber increasing use of AWS chips to speed real‑time matching highlights broader industry focus on low‑latency matching platforms; positive for companies that can monetize improved matching, but unclear near‑term benefit to Match’s revenue/ margins. Uber Bets on AWS Chips to Cut Costs and Supercharge Real-Time Matching
• Negative Sentiment: Analyst headwind: Wells Fargo initiated coverage with an “equal weight” rating and a $30 price target, implying downside from current levels — this adds near‑term selling pressure from investors who track broker PTs. Benzinga Coverage
• Negative Sentiment: Recent earnings miss: Match reported Q4 EPS of $0.83 vs. $1.00 expected and modest revenue growth; the EPS shortfall and mixed guidance keep questions on margin recovery and growth cadence, weighting on the stock. MarketBeat MTCH Earnings & Data

About Match Group

Match Group, Inc (NASDAQ: MTCH) is a leading provider of online dating products and services. The company owns and operates a diverse portfolio of consumer brands that connect singles through digital platforms. Its flagship offerings include Match.com, Tinder, Hinge, OkCupid and PlentyOfFish, which together serve users looking for long-term relationships, casual encounters and social networking opportunities.

Originating with the launch of Match.com in 1995, Match Group has grown through a combination of organic development and strategic acquisitions.