Match Group Stock: Well-Positioned For Growth Despite Temporary Headwinds (NASDAQ:MTCH)

Online dating app in mobile phone. Like or swipe to match. Single man looking for love and relationship with smartphone. Woman with beautiful profile picture on internet site.

Tero Vesalainen

Investment Thesis

Match Group (NASDAQ:MTCH) remains the dominant global leader in online dating, but bears have soured on the stock due to slowing growth over the past year. At 13x forward earnings, Match Group is significantly undervalued given its robust

Revenue $5,450m
EPS $5.67
P/E ratio 15
Target price $85
Annualized Return ~17.8%

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