Analyst Consensus ?
ConsensusBuy31 ratings
Bullish1651.6%
Neutral1548.4%
Bearish00.0%
Match Group, Inc. · MTCH · FY2026 Q3 · Calendar Q4 2026
Match Group’s Q3: Tinder engagement improves as fee and E&E risks persist
Q3 analysis points to improving product engagement at Tinder and continued Hinge growth, supporting a more constructive operating trajectory. That progress is offset by in-app purchase fee pressure, a slower E&E recovery, and execution questions around monetization and marketing.
Reported After market closeNASDAQCommunication Services
$9.66B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.73
Consensus $0.71
EPS surprise
+2.2%
Reported versus consensus
Reported revenue
$891.2M
Consensus $892.4M
Revenue surprise
-0.1%
Reported versus consensus
Market reaction
close-to-close (session unavailable)
Stock move
+1.6%
Event window
SPY move
-0.5%
Same window
Abnormal move
+2.1%
Stock minus SPY
Volume
1.4×
Versus trailing sessions
Subsequent drift
0.0%
Up to 20 sessions
MTCHSPY benchmark
Ask FN2 about MTCH FY2026 Q3
Transcript, numbers and history already loaded
Why did MTCH rise 1.6% after beating EPS estimates in FY2026 Q3?What changed in MTCH's guidance and outlook in FY2026 Q3?Give me the bull and bear case for MTCH after FY2026 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, the Q3 update describes Tinder DAU growth as positive and the MAU decline as halved, while Hinge remains on a double-digit growth path. Management also outlined near-term product expansion and identified additional in-app purchase fee costs as a forward margin headwind.
Guidance delta
Management maintained guidance, expects 2026 revenue to finish near the midpoint of its range, and said free cash flow should exceed targets with higher adjusted EBITDA margins.
Key takeaways
- Tinder engagement improved, with positive year-over-year DAU growth and a halving of MAU decline, according to the supplied analysis.
- Hinge grew 19% year over year; management said it remains on track for $1 billion in 2027 revenue.
- Management highlighted Better with Friends features, including Events and Groups, alongside real-time recommendations and AI-enabled product and efficiency work.
- In-app purchase fees are expected to weigh on adjusted EBITDA margin in 2027.
Management priorities
- Develop and expand Tinder social features, Events, Groups, and Double Date.
- Roll out real-time recommendations and unify queues across user types.
- Expand Hinge geographically, including Japan, while using lower-priced subscriptions to support payer conversion.
- Maintain disciplined marketing, AI tooling, and cost controls.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$42.07Current
$32Low
$75.89Average
$178High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 3, 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 | Oct 28, 2026 |
| TD Cowen | Buy | Buy | Maintain | Oct 27, 2026 |
| Evercore ISI Group | Outperform | In Line | Upgrade | Oct 19, 2026 |
| Truist Securities | Hold | Hold | Maintain | Aug 5, 2026 |
| UBS | Neutral | Neutral | 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 |
| JP Morgan | Neutral | Neutral | Maintain | Feb 4, 2026 |
| 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 $42.07. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Evercore ISI | Mark Mahaney | $53 | $42.95 | +26.0% | Oct 19, 2026 |
| Truist Financial | Youssef Squali | $41 | $37.96 | -2.5% | Aug 5, 2026 |
| Morgan Stanley | Nathan Feather | $40 | $37.94 | -4.9% | Aug 5, 2026 |
| Wells Fargo | Ken Gawrelski | $41 | $37.67 | -2.5% | Jul 7, 2026 |
| Truist Financial | Analyst unavailable | $37 | $38.34 | -12.1% | May 6, 2026 |
| RBC Capital | Brad Erickson | $42 | $36.9 | -0.2% | May 6, 2026 |
| Goldman Sachs | Eric Sheridan | $43 | $37.65 | +2.2% | May 6, 2026 |
| Morgan Stanley | Nathan Feather | $38 | $37.65 | -9.7% | May 6, 2026 |
| UBS | Analyst unavailable | $38 | $37.65 | -9.7% | May 6, 2026 |
| Piper Sandler | Ross Sandler | $51 | $37.65 | +21.2% | May 6, 2026 |
| Cowen & Co. | Analyst unavailable | $37 | $30.61 | -12.1% | Feb 4, 2026 |
| Truist Financial | Analyst unavailable | $34 | $30.47 | -19.2% | Feb 4, 2026 |
| UBS | Analyst unavailable | $34 | $30.23 | -19.2% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $35 | $28.9 | -16.8% | Feb 4, 2026 |
| UBS | Analyst unavailable | $37 | $32 | -12.1% | Jan 13, 2026 |
| Wolfe Research | Analyst unavailable | $43 | $32.46 | +2.2% | Jan 5, 2026 |
| RBC Capital | Brad Erickson | $37 | $33.94 | -12.1% | Dec 10, 2025 |
| Truist Financial | Analyst unavailable | $35 | $33.2 | -16.8% | Nov 5, 2025 |
| Wells Fargo | Analyst unavailable | $33 | $31.55 | -21.6% | Nov 5, 2025 |
| Evercore ISI | Mark Mahaney | $35 | $31.55 | -16.8% | Nov 5, 2025 |
| Morgan Stanley | Nathan Feather | $34 | $32.5 | -19.2% | Oct 20, 2025 |
| Evercore ISI | Robert Coolbrith | $32 | $29.34 | -23.9% | May 21, 2025 |
| KeyBanc | Justin Patterson | $43 | $36.86 | +2.2% | Nov 12, 2024 |
| Barclays | Ross Sandler | $53 | $30.7 | +26.0% | Nov 8, 2024 |
| KeyBanc | Justin Patterson | $45 | $38.37 | +7.0% | Oct 15, 2024 |
| HSBC | Mohammed Khallouf | $43.2 | $35.88 | +2.7% | Aug 5, 2024 |
| Goldman Sachs | Alexandra Steiger | $45 | $37.06 | +7.0% | Aug 1, 2024 |
| RBC Capital | Brad Erickson | $47 | $36.92 | +11.7% | Aug 1, 2024 |
| Evercore ISI | Jian Li | $43 | $38.24 | +2.2% | Jul 31, 2024 |
| Morgan Stanley | Nathan Feather | $33 | $30.94 | -21.6% | Jul 10, 2024 |
| RBC Capital | Brad Erickson | $33 | $29.82 | -21.6% | May 9, 2024 |
| KeyBanc | Justin Patterson | $44 | $30.34 | +4.6% | May 9, 2024 |
| KeyBanc | Justin Patterson | $46 | $32.02 | +9.3% | May 6, 2024 |
| Morgan Stanley | Nathan Feather | $37 | $32.28 | -12.1% | Apr 18, 2024 |
| Piper Sandler | Matt Farrell | $45 | $35.54 | +7.0% | Mar 27, 2024 |
| RBC Capital | Brad Erickson | $52 | $28.88 | +23.6% | Nov 1, 2023 |
| Susquehanna | and/or apps | $55 | $45.99 | +30.7% | Aug 3, 2023 |
| Truist Financial | Youssef Squali | $42 | $46.01 | -0.2% | Aug 2, 2023 |
| Deutsche Bank | Analyst unavailable | $60 | $52.15 | +42.6% | Feb 2, 2023 |
| Cowen & Co. | Analyst unavailable | $74 | $50.65 | +75.9% | Feb 2, 2023 |
| New Street | Analyst unavailable | $54 | $41.06 | +28.4% | Jan 4, 2023 |
| UBS | Analyst unavailable | $46 | $42.71 | +9.3% | Dec 8, 2022 |
| Raymond James | Patrick Tyler Brown | $74 | $43 | +75.9% | Oct 24, 2022 |
| Deutsche Bank | Benjamin Black | $85 | $64.9 | +102.0% | Aug 17, 2022 |
| Morgan Stanley | Analyst unavailable | $100 | $64.81 | +137.7% | Aug 4, 2022 |
| Goldman Sachs | Analyst unavailable | $80 | $65.13 | +90.2% | Aug 4, 2022 |
| Cowen & Co. | Analyst unavailable | $100 | $63.24 | +137.7% | Aug 4, 2022 |
| Susquehanna | Analyst unavailable | $85 | $63.24 | +102.0% | Aug 4, 2022 |
| Oppenheimer | Analyst unavailable | $78 | $63.24 | +85.4% | Aug 4, 2022 |
| Piper Sandler | Analyst unavailable | $80 | $63.24 | +90.2% | Aug 4, 2022 |
| Truist Financial | Youssef Squali | $68 | $61.84 | +61.6% | Aug 3, 2022 |
| Cowen & Co. | Analyst unavailable | $128 | $69.89 | +204.3% | Jul 26, 2022 |
| Barclays | Analyst unavailable | $65 | $66.36 | +54.5% | Jul 19, 2022 |
| J.P. Morgan | Analyst unavailable | $105 | $65.13 | +149.6% | Jul 19, 2022 |
| Evercore ISI | Analyst unavailable | $90 | $75.2 | +113.9% | Jul 8, 2022 |
| Evercore ISI | Analyst unavailable | $95 | $76.59 | +125.8% | Jul 7, 2022 |
| Goldman Sachs | Alexandra Steiger | $105 | $68.56 | +149.6% | Jun 19, 2022 |
| Cantor Fitzgerald | Brian Fitzgerald | $115 | $72.29 | +173.4% | May 9, 2022 |
| RBC Capital | Analyst unavailable | $115 | $74.92 | +173.4% | May 5, 2022 |
| Morgan Stanley | Analyst unavailable | $150 | $75.47 | +256.5% | May 5, 2022 |
| BTIG | Analyst unavailable | $110 | $79.49 | +161.5% | May 5, 2022 |
| Piper Sandler | Matt Farrell | $125 | $83.88 | +197.1% | May 4, 2022 |
| Morgan Stanley | Lauren Schenk | $77 | $79.46 | +83.0% | Apr 27, 2022 |
| J.P. Morgan | Analyst unavailable | $135 | $82.48 | +220.9% | Apr 26, 2022 |
| Deutsche Bank | Benjamin Black | $135 | $88.45 | +220.9% | Mar 11, 2022 |
| BMO Capital | Daniel Salmon | $130 | $112.42 | +209.0% | Feb 8, 2022 |
| Morgan Stanley | Lauren Schenk | $175 | $111.98 | +316.0% | Feb 3, 2022 |
| Barclays | Mario Lu | $132 | $111.98 | +213.8% | Feb 3, 2022 |
| Evercore ISI | Shweta Khajuria | $175 | $118.01 | +316.0% | Feb 2, 2022 |
| KeyBanc | Justin Patterson | $155 | $112.7 | +268.4% | Jan 31, 2022 |
| Cowen & Co. | John Blackledge | $154 | $106.5 | +266.1% | Jan 27, 2022 |
| Goldman Sachs | Alexandra Steiger | $157 | $124.08 | +273.2% | Jan 12, 2022 |
| Wolfe Research | Deepak Mathivanan | $163 | $132.97 | +287.4% | Jan 4, 2022 |
| Bank of America Securities | Nat Schindler | $178 | $154.09 | +323.1% | Nov 1, 2021 |
| Oppenheimer | Jason Helfstein | $165 | $139.96 | +292.2% | May 6, 2021 |
Track every rating change on MTCH the moment it posts. Free to start.
Start freeCompany 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.
Historical context
All MTCH earningsCommunication Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| FOX Fox Corporation | FY2027 Q1 · Calendar Q4 2026 | +22.7% | -0.4% | Fox’s Q1 FY2027 growth was led by advertising and streaming |
| FOXA Fox Corporation | FY2027 Q1 · Calendar Q4 2026 | +27.6% | -0.8% | Fox Starts FY2027 with Strong Ad Growth; Roku Deal Awaits Clearance |
| PINS Pinterest, Inc. | FY2026 Q3 · Calendar Q4 2026 | -5.4% | -2.8% | Pinterest’s user growth stays strong as revenue slows amid Europe headwinds |
Latest beats and misses
Who reports nextBeat on EPS
- OFY2026 Q3 · November 2, 2026+5.7% EPS+1.1% move
- SBACFY2026 Q3 · November 2, 2026+4.8% EPS-1.2% move
- ONFY2026 Q3 · November 2, 2026+2.5% EPS-2.2% move
- JAZZFY2026 Q3 · November 2, 2026+4.2% EPS-0.7% move
- ELFY2027 Q1 · November 2, 2026+42.0% EPS-4.1% move
- CHKPFY2026 Q3 · November 2, 2026+0.4% EPS-7.0% move
Missed on EPS
- PEGFY2026 Q3 · November 2, 2026-3.4% EPS+0.1% move
- RYAAYFY2027 Q2 · November 2, 2026-0.3% EPS+2.9% move
- GLPIFY2026 Q3 · October 29, 2026-11.5% EPS-1.3% move
- LYBFY2026 Q3 · October 30, 2026-1.2% EPS+5.0% move
- CCJFY2026 Q3 · October 30, 2026-101.4% EPS-7.9% move
- VALEFY2026 Q3 · October 29, 2026-24.6% EPS+1.9% move
Get the MTCH recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-11-03T05:04:50.200607+00:00
- FN2 earnings calendar · 2026-11-03T01:23:13.143323+00:00
- Polygon adjusted daily market bars · 2026-11-03T05:40:43.284368+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-03T05:40:43.281756+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 · As of 2026-11-03. For educational purposes only; not investment advice.