- The shares of Match Group Inc (NASDAQ: MTCH) have received a $105 price target from Goldman Sachs. These are the details.
The shares of Match Group Inc (NASDAQ: MTCH) have received a $105 price target from Goldman Sachs. And Goldman Sachs analyst Alexandra Steiger is maintaining a “Buy” rating on the shares.
Steiger adjusted the rating following the company’s first-quarter results. And Steiger integrated a more conservative view due to the range of macro headwinds.
Match Group had reported a Q1 EPS of $0.60, which was $0.07 higher than the analyst estimates of $0.53. And the revenue for the quarter was $799 million compared to the consensus estimate of $796.54 million.
In terms of guidance, Match Group expects Q2 2022 revenue of $800 million and $810 million, compared to the consensus of $835.2 million.
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