03:50 PM EDT, 08/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lift our 12-month target price to $40 from $30, shifting to a P/E of 10.3x, below its three-year historical forward average. We cut our 2025 EPS to $3.19 from $3.36 and lift 2026's to $3.93 from $3.90. We maintain our Hold rating on MTCH following Q2 results showing early progress in CEO Rascoff's turnaround. Tinder's accelerated product innovation, including Double Date's successful launch and strong Gen Z adoption, validates the transformation thesis despite persistent revenue headwinds. Hinge's 20% MAU growth and European expansion demonstrate execution quality, though growth deceleration remains concerning. The $50 million reinvestment program creates both opportunity and risk, in our view. Strong free cash flow exceeding $1 billion and 100% shareholder returns provide downside protection, but we need clearer evidence of sustainable user growth before turning more constructive on the transformation story.