Match Q2 Preview: Loving The Contrarian View (Upgrade)

  • Upgrading Match Group to Buy as new management drives restructuring, cost savings, and user-centric innovation, signaling a potential turnaround for the company. Management's focus on rebuilding user trust, AI integration, and Gen Z engagement, especially through Tinder's new features, is key to future growth. Despite flattish revenue, strong cost controls and share buybacks provide downside protection and position shares for 15-17% upside from current levels.