On July 16, 2024, Starboard Value LP announced that it has sent a letter to Match Group Inc?s CEO, President & Chief Financial Officer, and Board of Directors regarding actionable opportunities for enhancing shareholder value, and the letter lays out its view that the Company should explore a sale in the event the Company?s leadership is unable to execute on the prescribed value-enhancing initiatives. In addition, Starboard Value outlined the opportunity for the Company to generate $5.50+ of free cash flow per share in 2026 and create significant shareholder value, but urged the Company board to remain open to strategic alternatives if a turnaround proves challenging.
Real-time Estimate
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5-day change | 1st Jan Change | ||
34.88 USD | +8.92% |
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+12.39% | -4.73% |
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![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-4.73% | 850.67Cr | |
+38.42% | 1,25900Cr | |
-12.56% | 2.67TCr | |
+67.87% | 2.35TCr | |
-25.11% | 196.6Cr | |
-34.46% | 117.74Cr | |
+51.59% | 110.84Cr | |
-3.33% | 61Cr | |
-16.50% | 40Cr | |
+10.92% | 39Cr |
- Stock Market
- Equities
- MTCH Stock
- News Match Group, Inc.
- Starboard Value Sends a Letter to Match Group