BUY Conviction3/5 Analysis quality70/100 now
The analyst suggests Match Group is too cheap to pass up, trading at its lowest price-to-sales valuation as a public company, despite being a historically profitable platform with strong adoption. The recent underperformance is attributed to internal issues, which are expected to be resolved under new CEO Bernard Kim, who is focused on improving inter-platform communication and monetization strategies, similar to his success at Zynga.
“trading at its lowest price of sales valuation as a public company but in one of the worst performers of the S P 500 in 2022”