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 | ||
34.61 USD | +8.09% |
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+11.65% | -5.36% |
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![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-5.04% | 8.51B | |
+39.52% | 1,259B | |
-12.56% | 26.69B | |
+65.76% | 23.51B | |
-24.89% | 1.97B | |
-34.74% | 1.18B | |
+51.59% | 1.11B | |
-3.33% | 610M | |
-16.50% | 404M | |
+10.92% | 386M |
- Stock Market
- Equities
- MTCH Stock
- News Match Group, Inc.
- Starboard Value Sends a Letter to Match Group