-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target price to $36 from $33, reflecting increasing confidence that MTCH's turnaround is gaining traction. We maintain our 2026 and 2027 EPS estimates of $2.64 and $3.00, respectively. The company is making tangible progress executing its transformation strategy. Tinder is showing signs of stabilization after years of declines, with engagement metrics inflecting positively even as monetization remains challenged. Hinge continues to exceed expectations as the portfolio's growth engine, with international expansion outpacing initial projections across Europe, Latin America, and upcoming markets like India. International represents the most compelling multiyear catalyst, in our view, with the potential to shift from roughly one-third of revenue today to approaching 40% by 2027. However, we believe the current valuation appropriately balances this growth potential against execution risks, continued Tinder revenue pressure, and broader concerns around dating app market saturation.