Truist Financial Has Lowered Expectations for Match Group (NASDAQ:MTCH) Stock Price

Match Group (NASDAQ:MTCH) had its target price reduced by stock analysts at Truist Financial from $35.00 to $34.00 in a research note issued to investors on Wednesday, Marketbeat reports. The firm presently has a “hold” rating on the technology company’s stock. Truist Financial’s target price would suggest a potential upside of 10.21% from the stock’s current price.

Several other equities research analysts have also recently issued reports on MTCH. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Match Group in a report on Thursday, January 22nd. Morgan Stanley raised their price target on Match Group from $34.00 to $37.00 and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Raymond James Financial reaffirmed a “market perform” rating on shares of Match Group in a report on Wednesday, December 10th. UBS Group set a $37.00 target price on Match Group in a research report on Tuesday, January 13th. Finally, Wall Street Zen cut shares of Match Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Five research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $35.86.

Match Group Stock Performance

Shares of NASDAQ:MTCH opened at $30.85 on Wednesday. The firm has a market cap of $7.28 billion, a price-to-earnings ratio of 12.96, a P/E/G ratio of 0.57 and a beta of 1.32. The firm has a fifty day moving average price of $32.30 and a 200 day moving average price of $33.94. Match Group has a fifty-two week low of $26.39 and a fifty-two week high of $39.20.

Insiders Place Their Bets

In other news, CEO Spencer M. Rascoff acquired 14,000 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were acquired at an average price of $31.84 per share, for a total transaction of $445,760.00. Following the completion of the transaction, the chief executive officer directly owned 165,128 shares of the company’s stock, valued at approximately $5,257,675.52. The trade was a 9.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.64% of the stock is owned by company insiders.

Hedge Funds Weigh In On Match Group

Hedge funds have recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. bought a new stake in Match Group in the third quarter worth about $25,000. Root Financial Partners LLC purchased a new stake in shares of Match Group in the third quarter worth approximately $27,000. Advisory Services Network LLC purchased a new stake in shares of Match Group in the third quarter worth approximately $28,000. Activest Wealth Management lifted its stake in shares of Match Group by 6,523.1% during the 4th quarter. Activest Wealth Management now owns 861 shares of the technology company’s stock worth $28,000 after acquiring an additional 848 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new position in Match Group during the 2nd quarter valued at $28,000. 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: Q4 results beat expectations — revenue and EPS topped estimates, adjusted profits rose ~29% year-over-year, with Hinge growth helping offset declines in other products. Match Q4 beat
• Positive Sentiment: Company highlighted improving traction in its turnaround, strong cash flow and an upbeat revenue outlook on the earnings call — messaging that supports a recovery thesis if product initiatives continue to gain users/monetization. Earnings call highlights
• Positive Sentiment: Board increased the quarterly dividend to $0.20 (ex-dividend Apr 7), a ~5% raise that modestly boosts shareholder return and may attract income-focused investors.
• Neutral Sentiment: Citi kept a Hold rating while noting early signs of a product-led turnaround and set a $33 price target — a cautious view that balances opportunity and execution risk. Citi note
• Neutral Sentiment: BTIG maintained a Hold rating, citing Hinge strength offset by Tinder weakness and fair valuation — another cautious analyst stance that may limit upside from multiple expansion. BTIG note
• Negative Sentiment: Truist trimmed its price target to $34 (from $35) and kept a Hold — a modest cut that signals limited near-term upside from current levels. Truist PT cut
• Negative Sentiment: JPMorgan lowered its target to $31 and moved to Neutral, further compressing analyst expectations and implying constrained upside relative to recent price action. JPMorgan PT cut
• Negative Sentiment: Independent coverage flagged user trends: reports that Tinder is losing users and that Hinge growth may be slowing — metrics that, if sustained, could undermine future monetization and revenue momentum. User trends article

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.