Match Group dips as Q4 revenue forecast misses estimates

Match

05/11/2025 12:52

** Shares of Tinder parent Match Group MTCH.O fall 1.4% at $31.10 premarket

** Co forecasts Q4 revenue between $865 mln–$875 mln, below analysts’ estimate of $882.8 mln - data compiled by LSEG

** Q3 revenue came in at $914 mln, missing estimates of $915 mln; paying users fell 5% YoY to 14.5 mln

** Hinge paying user growth of 17% fell short of expectations, raising concerns, given its role as a key growth driver

** Turnaround under new CEO Spencer Rascoff progressing slower than expected; some initiatives scaled back - M Science analyst Chandler Willison

** Eight out of 23 analysts rate the stock "buy" or higher, 15 rate it "hold"; median PT at $37.50 - data compiled by LSEG

** Stock down 3.55% YTD, as of last close

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))