Match Group Inc Ordinary Shares - New
MTCH: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.wFxp?h | LOCK|$$lJ | LOCK|$k^#w!D< |
Match Earnings: Revenue Growth Accelerates, Thanks Again to Tinder and Hinge
Match further expanded margins in the fourth quarter, driven by strong top-line growth and cost control. Revenue growth accelerated mainly due to higher Tinder prices and early indications of Hinge’s network effect as user growth continued. We did not make any significant adjustments to our projections and continue to view narrow-moat Match Group as an attractive investment. We are maintaining our $65 fair value estimate.
