11:36 AM EST, 12/12/2024 (MT Newswires) -- Match Group's ( MTCH ) 2025 Tinder revenue guidance of a mid-single-digit decline, as reported, is lower than the consensus of a 1% year-over-year growth and implies that recent pressure persists, Morgan Stanley said in a note Thursday.

The outlook "raises further concerns" amid challenges related to monthly active users, the investment bank said.

"Our primary hurdle to getting constructive remains Tinder MAU growth, and we stay on the sidelines awaiting further evidence," Morgan Stanley said.

Morgan Stanley said it is unlikely Match Group ( MTCH ) "meaningfully re-rates until the market gains conviction in the sustainability of Tinder MAUs."

Shares of Match Group ( MTCH ) fell 2.9% in recent Thursday trading.

Price: 30.46, Change: -1.02, Percent Change: -3.24