Morgan Stanley has revised its price target for Match Group (MTCH, Financial), reducing it slightly from $33 to $32. The investment firm maintains its Equal Weight rating on the company's shares. This adjustment is part of a broader strategy, where Morgan Stanley is lowering estimates for its entire North American internet stock coverage.
The decision stems from a detailed analysis of the macroeconomic environment and the effects of tariffs on both e-commerce and digital advertising sectors. These factors are contributing to a cautious outlook across various internet-based companies, prompting the reassessment of stock valuations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Match Group Inc (MTCH, Financial) is $36.52 with a high estimate of $52.00 and a low estimate of $31.00. The average target implies an upside of 27.46% from the current price of $28.65. More detailed estimate data can be found on the Match Group Inc (MTCH) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Match Group Inc's (MTCH, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Match Group Inc (MTCH, Financial) in one year is $43.16, suggesting a upside of 50.65% from the current price of $28.65. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Match Group Inc (MTCH) Summary page.
