KeyBanc analyst Justin Patterson maintains $Match group (MTCH.US)$ with a buy rating, and sets the target price at $43.
According to TipRanks data, the analyst has a success rate of 51.6% and a total average return of 9.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Match group (MTCH.US)$'s main analysts recently are as follows:
Looking towards Match Group's analyst day, there is considerable discussion regarding the appropriate goals that would define the company's success. This comes as new segment disclosures have led to adjustments in the company's financial model.
Match Group's confidence in Tinder's revival has once again been delayed. The extent to which Tinder's difficulties can be ascribed to the iOS 18 update or to broader issues within the category is uncertain. Considering previous execution hurdles, it is anticipated that investors will prepare for less favorable outcomes, which could diminish the potential impact of Match's upcoming December investor day.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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