03:00 PM EST, 11/06/2025 (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 cut our 12-month target price by $5 to $35, shifting to a P/E of 9x our 2026 EPS estimate, below its three-year historical forward average. We keep our 2025 EPS at $3.19 and cut 2026's to $3.86 from $3.93. We believe this discounted multiple is warranted given slowing Tinder revenue, uneven payer trends, and continued monetization headwinds from product testing and safety rollouts. While Hinge's 20%+ growth, rising ARPPU, and strong international traction provide a structural growth pillar, we do not yet see sufficient evidence of a sustained Tinder re-acceleration to support a re-rating. Management's turnaround playbook is progressing, but with the key product overhaul not fully impacting results until 2026, we think upside is capped in the near term. Our Hold rating reflects this transition phase, solid FCF support, and margin discipline on one side, but execution risk and delayed growth inflection on the other.