Analyst Consensus ?
ConsensusHold31 ratings
Bullish1548.4%
Neutral1651.6%
Bearish00.0%
Match Group, Inc. · MTCH · FY2026 Q1 · Calendar Q2 2026
Match Group Q1 2026: Revenue and EBITDA Beat as Tinder Turnaround Gains Traction
Match Group's Q1 FY2026 print showed a product-led Tinder turnaround gaining traction, with revenue of $864 million beating consensus even as EPS of $0.69 missed estimates. Hinge's 28% revenue growth remained the standout growth engine, while the OneMG restructuring and AI enablement initiatives signal a portfolio being reshaped for efficiency. The market's initial reaction was a slight negative abnormal move of -0.46%, followed by a more pronounced subsequent drift of -8.53%, suggesting investors remain cautious about the sustainability of the Tinder recovery given Q2 guidance for flat to slightly down revenue.
Reported After market closeNASDAQCommunication Services
$9.17B market cap
100quality score
Company context
Snapshot as of publicationMatch Group, Inc. provides digital technologies in the United States and internationally. It operates through four segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia. The company's portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and other brands, built to increase users' likelihood of connecting with others. It provides tailored services to meet the various preferences of its users. Match Group, Inc. was incorporated in 1986 and is based in Dallas, Texas.
Earnings scorecard
Reported versus consensus
Reported EPS
$0.69
Consensus $1
EPS surprise
-4.2%
Reported versus consensus
Reported revenue
$863.9M
Consensus $854.7M
Revenue surprise
+1.1%
Reported versus consensus
Earnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$39.41Current
$32Low
$75.45Average
$178High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Jul 31, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Jul 7, 2026 |
| UBS | Neutral | Neutral | Maintain | May 6, 2026 |
| TD Cowen | Buy | Buy | Maintain | May 6, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | May 6, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | May 6, 2026 |
| Citigroup | Neutral | Neutral | Maintain | May 6, 2026 |
| Barclays | Overweight | Overweight | Maintain | May 6, 2026 |
| Truist Securities | Hold | Hold | Maintain | Feb 4, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Feb 4, 2026 |
| Evercore ISI Group | In Line | In Line | Maintain | Nov 5, 2025 |
| Susquehanna | Positive | Positive | Maintain | Aug 7, 2025 |
| Stifel | Hold | Hold | Maintain | Apr 23, 2025 |
| B of A Securities | Neutral | Neutral | Maintain | Apr 21, 2025 |
| Jefferies | Hold | Buy | Downgrade | Dec 17, 2024 |
| Piper Sandler | Overweight | Overweight | Maintain | Dec 12, 2024 |
| Loop Capital | Hold | Hold | Maintain | Dec 12, 2024 |
| Keybanc | Overweight | Overweight | Maintain | Nov 12, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Aug 1, 2024 |
| Deutsche Bank | Buy | Buy | Maintain | Aug 1, 2024 |
| BTIG | Buy | Neutral | Upgrade | Aug 2, 2023 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Jun 21, 2023 |
| Oppenheimer | Perform | Outperform | Downgrade | Feb 2, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 2, 2023 |
| BMO Capital | Outperform | Market Perform | Upgrade | Mar 9, 2022 |
| Wedbush | Neutral | Neutral | Maintain | Feb 10, 2021 |
| SunTrust Robinson Humphrey | Buy | Hold | Upgrade | Nov 25, 2020 |
| Nomura Instinet | Buy | Buy | Maintain | Nov 25, 2020 |
| Nomura | Neutral | Neutral | Maintain | Nov 25, 2020 |
| Guggenheim | Buy | Neutral | Upgrade | Nov 25, 2020 |
| BTIG Research | Neutral | Sell | Upgrade | Nov 25, 2020 |
| Bank of America | Buy | Buy | Maintain | Nov 25, 2020 |
Named analyst price targets
Upside is calculated against the persisted current price $39.41. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Ken Gawrelski | $41 | $37.67 | +4.0% | Jul 7, 2026 |
| Truist Financial | Analyst unavailable | $37 | $38.34 | -6.1% | May 6, 2026 |
| RBC Capital | Brad Erickson | $42 | $36.9 | +6.6% | May 6, 2026 |
| Goldman Sachs | Eric Sheridan | $43 | $37.65 | +9.1% | May 6, 2026 |
| Morgan Stanley | Nathan Feather | $38 | $37.65 | -3.6% | May 6, 2026 |
| UBS | Analyst unavailable | $38 | $37.65 | -3.6% | May 6, 2026 |
| Piper Sandler | Ross Sandler | $51 | $37.65 | +29.4% | May 6, 2026 |
| Cowen & Co. | Analyst unavailable | $37 | $30.61 | -6.1% | Feb 4, 2026 |
| Truist Financial | Analyst unavailable | $34 | $30.47 | -13.7% | Feb 4, 2026 |
| UBS | Analyst unavailable | $34 | $30.23 | -13.7% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $35 | $28.9 | -11.2% | Feb 4, 2026 |
| UBS | Analyst unavailable | $37 | $32 | -6.1% | Jan 13, 2026 |
| Wolfe Research | Analyst unavailable | $43 | $32.46 | +9.1% | Jan 5, 2026 |
| RBC Capital | Brad Erickson | $37 | $33.94 | -6.1% | Dec 10, 2025 |
| Truist Financial | Analyst unavailable | $35 | $33.2 | -11.2% | Nov 5, 2025 |
| Wells Fargo | Analyst unavailable | $33 | $31.55 | -16.3% | Nov 5, 2025 |
| Evercore ISI | Mark Mahaney | $35 | $31.55 | -11.2% | Nov 5, 2025 |
| Morgan Stanley | Nathan Feather | $34 | $32.5 | -13.7% | Oct 20, 2025 |
| Evercore ISI | Robert Coolbrith | $32 | $29.34 | -18.8% | May 21, 2025 |
| KeyBanc | Justin Patterson | $43 | $36.86 | +9.1% | Nov 12, 2024 |
| Barclays | Ross Sandler | $53 | $30.7 | +34.5% | Nov 8, 2024 |
| KeyBanc | Justin Patterson | $45 | $38.37 | +14.2% | Oct 15, 2024 |
| HSBC | Mohammed Khallouf | $43.2 | $35.88 | +9.6% | Aug 5, 2024 |
| Goldman Sachs | Alexandra Steiger | $45 | $37.06 | +14.2% | Aug 1, 2024 |
| RBC Capital | Brad Erickson | $47 | $36.92 | +19.3% | Aug 1, 2024 |
| Evercore ISI | Jian Li | $43 | $38.24 | +9.1% | Jul 31, 2024 |
| Morgan Stanley | Nathan Feather | $33 | $30.94 | -16.3% | Jul 10, 2024 |
| RBC Capital | Brad Erickson | $33 | $29.82 | -16.3% | May 9, 2024 |
| KeyBanc | Justin Patterson | $44 | $30.34 | +11.6% | May 9, 2024 |
| KeyBanc | Justin Patterson | $46 | $32.02 | +16.7% | May 6, 2024 |
| Morgan Stanley | Nathan Feather | $37 | $32.28 | -6.1% | Apr 18, 2024 |
| Piper Sandler | Matt Farrell | $45 | $35.54 | +14.2% | Mar 27, 2024 |
| RBC Capital | Brad Erickson | $52 | $28.88 | +31.9% | Nov 1, 2023 |
| Susquehanna | and/or apps | $55 | $45.99 | +39.6% | Aug 3, 2023 |
| Truist Financial | Youssef Squali | $42 | $46.01 | +6.6% | Aug 2, 2023 |
| Deutsche Bank | Analyst unavailable | $60 | $52.15 | +52.2% | Feb 2, 2023 |
| Cowen & Co. | Analyst unavailable | $74 | $50.65 | +87.8% | Feb 2, 2023 |
| New Street | Analyst unavailable | $54 | $41.06 | +37.0% | Jan 4, 2023 |
| UBS | Analyst unavailable | $46 | $42.71 | +16.7% | Dec 8, 2022 |
| Raymond James | Patrick Tyler Brown | $74 | $43 | +87.8% | Oct 24, 2022 |
| Deutsche Bank | Benjamin Black | $85 | $64.9 | +115.7% | Aug 17, 2022 |
| Morgan Stanley | Analyst unavailable | $100 | $64.81 | +153.7% | Aug 4, 2022 |
| Goldman Sachs | Analyst unavailable | $80 | $65.13 | +103.0% | Aug 4, 2022 |
| Cowen & Co. | Analyst unavailable | $100 | $63.24 | +153.7% | Aug 4, 2022 |
| Susquehanna | Analyst unavailable | $85 | $63.24 | +115.7% | Aug 4, 2022 |
| Oppenheimer | Analyst unavailable | $78 | $63.24 | +97.9% | Aug 4, 2022 |
| Piper Sandler | Analyst unavailable | $80 | $63.24 | +103.0% | Aug 4, 2022 |
| Truist Financial | Youssef Squali | $68 | $61.84 | +72.5% | Aug 3, 2022 |
| Cowen & Co. | Analyst unavailable | $128 | $69.89 | +224.8% | Jul 26, 2022 |
| Barclays | Analyst unavailable | $65 | $66.36 | +64.9% | Jul 19, 2022 |
| J.P. Morgan | Analyst unavailable | $105 | $65.13 | +166.4% | Jul 19, 2022 |
| Evercore ISI | Analyst unavailable | $90 | $75.2 | +128.4% | Jul 8, 2022 |
| Evercore ISI | Analyst unavailable | $95 | $76.59 | +141.1% | Jul 7, 2022 |
| Goldman Sachs | Alexandra Steiger | $105 | $68.56 | +166.4% | Jun 19, 2022 |
| Cantor Fitzgerald | Brian Fitzgerald | $115 | $72.29 | +191.8% | May 9, 2022 |
| RBC Capital | Analyst unavailable | $115 | $74.92 | +191.8% | May 5, 2022 |
| Morgan Stanley | Analyst unavailable | $150 | $75.47 | +280.6% | May 5, 2022 |
| BTIG | Analyst unavailable | $110 | $79.49 | +179.1% | May 5, 2022 |
| Piper Sandler | Matt Farrell | $125 | $83.88 | +217.2% | May 4, 2022 |
| Morgan Stanley | Lauren Schenk | $77 | $79.46 | +95.4% | Apr 27, 2022 |
| J.P. Morgan | Analyst unavailable | $135 | $82.48 | +242.6% | Apr 26, 2022 |
| Deutsche Bank | Benjamin Black | $135 | $88.45 | +242.6% | Mar 11, 2022 |
| BMO Capital | Daniel Salmon | $130 | $112.42 | +229.9% | Feb 8, 2022 |
| Morgan Stanley | Lauren Schenk | $175 | $111.98 | +344.0% | Feb 3, 2022 |
| Barclays | Mario Lu | $132 | $111.98 | +234.9% | Feb 3, 2022 |
| Evercore ISI | Shweta Khajuria | $175 | $118.01 | +344.0% | Feb 2, 2022 |
| KeyBanc | Justin Patterson | $155 | $112.7 | +293.3% | Jan 31, 2022 |
| Cowen & Co. | John Blackledge | $154 | $106.5 | +290.8% | Jan 27, 2022 |
| Goldman Sachs | Alexandra Steiger | $157 | $124.08 | +298.4% | Jan 12, 2022 |
| Wolfe Research | Deepak Mathivanan | $163 | $132.97 | +313.6% | Jan 4, 2022 |
| Bank of America Securities | Nat Schindler | $178 | $154.09 | +351.7% | Nov 1, 2021 |
| Oppenheimer | Jason Helfstein | $165 | $139.96 | +318.7% | May 6, 2021 |
Track every rating change on MTCH the moment it posts. Free to start.
Start freeMarket reaction
event-close to next-session close
Stock move
+0.9%
Event window
SPY move
+1.4%
Same window
Abnormal move
-0.5%
Stock minus SPY
Volume
2.4×
Versus trailing sessions
Subsequent drift
-8.5%
Up to 20 sessions
MTCHSPY benchmark
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Try FN2 freeTranscript intelligence
What changed
This quarter marked several notable shifts from the prior quarter's narrative. Tinder's turnaround moved from 'early signs' to concrete progress, with Sparks improving, MAU decline slowing, and Gen Z-focused features (Astrology Mode, Music Mode, Double Date) gaining traction. The bullish score rose from 68 to 78. Hinge revenue growth accelerated from 26% to 28%, with expansion into ten additional international markets. New portfolio actions included the OneMG organizational simplification, a $100 million minority stake in Sniffies, the winding down of the Archer app, and a company-wide AI enablement program. A new headwind emerged from the Apple App Store removal of Azar (~$20 million revenue impact), while Canada's digital services tax rescission was a positive regulatory development. Q2 guidance expects flat to slightly down revenue but EBITDA growth, consistent with the maintained full-year 2026 outlook.
Guidance delta
Management maintained full-year 2026 guidance, consistent with the prior quarter's outlook of approximately $3.4-$3.53 billion in revenue and 37-38% adjusted EBITDA margins. Q2-specific guidance calls for flat to slightly down revenue sequentially but higher EBITDA margins. New this quarter: the Azar App Store removal creates a ~$20 million headwind, partially offset by other brands, while the MG Asia consolidation into E&E is expected to generate ~$15 million in annualized cost savings. Guidance sentiment remained 'maintained' quarter-over-quarter.
Key takeaways
- Revenue of $864 million beat consensus by ~1.1%, and adjusted EBITDA of $343 million also exceeded expectations.
- EPS of $0.69 missed the $0.72 consensus by ~4.2%, producing a mixed beat/miss profile.
- Tinder's product-led turnaround shows concrete progress: Sparks improving, MAU decline slowing, Gen Z features (Astrology, Music, Double Date) driving engagement.
- Hinge delivered 28% revenue growth, up from 26% last quarter, and expanded into ten additional international markets.
- OneMG restructuring consolidates MG Asia into E&E for ~$15 million in annualized cost savings.
- $100 million minority investment in Sniffies with option to acquire the remainder.
Management priorities
- Execute Tinder's product-led turnaround through AI-driven recommendations and Gen Z-focused features (Astrology, Music, Double Date).
- Scale Hinge internationally with continued feature expansion and market launches.
- Implement OneMG organizational simplification to reduce costs and align AI resources across brands.
- Deploy company-wide AI enablement program to become an AI-native organization.
- Expand Tinder Connect partnerships (Duolingo, Bally) and launch Video Speed Date and IRL events.
- Host June 11 investor webinar on decoding Gen Z dating.
Related earnings events
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- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
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- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-31T20:01:47.263232+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.