Janina Steinmetz Summary Match Group, Inc. (NASDAQ:MTCH) is the largest player in the online dating market, owning a portfolio of 14 of the most popular and well-known brands, including the marquee product, Tinder. Following a strong rebound coming out of COVID-19, paying user growth has slowed dramatically, and turned negative at Tinder. This, along with…
Luis Alvarez Investment thesis After a protracted decline since 2021, we believe Match Group’s (NASDAQ:MTCH) shares have come into buy territory. The company dominates the market of online dating platforms, which allows it to steadily increase prices for paid features, and its updated 2024 strategy could create additional momentum to revitalize financial results and stock…
ljubaphoto/E+ via Getty Images Investment Thesis Match Group, Inc. (NASDAQ:MTCH) the online dating platform, including Tinder and Match.com has fallen out of favor with investors. Therefore, expectations are muted. And the stock is primed for a turnaround. I make the case that MTCH is priced at 10x this year’s free cash flows. And that a…
Lea Scaddan/iStock via Getty Images Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company (“BDC”) sector from both the bottom-up – highlighting individual news and events – as well as the top-down – providing an overview of the broader market. We also try to…
Luis Alvarez Investment action I recommended a buy rating for Match Group, Inc. (NASDAQ:MTCH) when I wrote about it the last time, as I expected the business to grow as guided. Tinder’s Payer net-added performance should see improvement, and overall revenue should grow by double digits. Based on my current outlook and analysis of MTCH,…
Match Group, Inc. (NASDAQ:MTCH) Q3 2023 Earnings Conference Call November 1, 2023 8:30 AM ET Company Participants Tanny Shelburne – Senior Vice President of Investor Relations Bernard Kim – Chief Executive Officer Gary Swidler – President and Chief Financial Officer Conference Call Participants John Blackledge – TD Cowen Shweta Khajuria – Evercore ISI Justin Patterson…
Janina Steinmetz/DigitalVision via Getty Images Thesis Match Group, Inc. (NASDAQ:MTCH) holds a dominant position in the online dating industry, holding a large share of the global dating user base across its various brands. Tinder, in particular, stands out as the largest and most profitable dating app worldwide, while Hinge is rapidly expanding its presence globally….
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 core business fundamentals and growth prospects. While short-term challenges at Tinder have impacted…
naphtalina/iStock via Getty Images Investment briefing Establishment Labs Holdings Inc. (NASDAQ:ESTA) continues to sell within a range that’s held tight for the past 2-years. Following the firm’s Q2 numbers, it reversed sharply to the downside, catching the bottom end of this range, as seen in Figure 1. Since the June publication, it has sold off…
Match Group, Inc. (NASDAQ:MTCH) Q2 2023 Earnings Conference Call August 2, 2023 8:30 AM ET Company Participants Tanny Shelburne – Senior Vice President of Investor Relations Bernard Kim – Chief Executive Officer Gary Swidler – President and Chief Financial Officer Conference Call Participants Cory Carpenter – JPMorgan Youssef Squali – Truist Alexandra Steiger – Goldman…