Key Insights:
- Match Group (MTCH, Financial) is currently facing pressure from activist investor Anson Funds Management regarding its board composition.
- Analyst predictions indicate a potential upside for Match Group's stock price with a one-year target averaging $36.57.
- The GF Value suggests a significant potential increase based on historical trading multiples and growth forecasts.
Match Group (MTCH) has come under the spotlight as Anson Funds Management, an activist investor, expresses dissatisfaction with the company's board and leadership. Anson has criticized Match for resisting necessary changes, labeling its leadership as outdated. In response, Match highlights its board's diverse expertise and strategic plans, positioning this as a push back against Anson's assertions.
Wall Street Analysts Forecast
According to data from 20 analysts, the one-year price target for Match Group Inc (MTCH, Financial) is set at an average of $36.57. Estimates range from a high of $52.00 to a low of $32.00, indicating a potential upside of 27.23% from Match Group's current stock price of $28.74. For an in-depth view, visit the Match Group Inc (MTCH) Forecast page.
When considering brokerage firm recommendations, Match Group Inc (MTCH, Financial) holds an average score of 2.5 on a scale where 1 is a Strong Buy and 5 is a Sell. This places the company in the "Outperform" category, according to 24 firms.
Utilizing GuruFocus metrics, the estimated GF Value for Match Group Inc in one year is $43.18. This suggests a potential increase of 50.24% from the current trading price of $28.74. The GF Value is GuruFocus' assessment of what the fair market value of the stock should be based on historical trading data, business growth, and future performance predictions. Detailed insights can be accessed on the Match Group Inc (MTCH, Financial) Summary page.
