MTCH
Match Group, Inc.
MTCH's fundamentals are strong and it looks cheap: trading at 14x earnings, less than half its usual 32x. Analysts expect earnings growth.
NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
MTCH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Stable |
MTCH's profitability and cash flow are currently strong, and its revenue and balance sheet are stable.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
MTCH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 14x | $41.78 | — |
| Cheap | 15x | $43.32 | +3.7% |
| Forward | 15x | $41.78 | — |
| Fair | 31x | $90.41 | +116% |
| Expensive | 151x | $445 | +966% |
Historical ranges are pointers, not guarantees.
MTCH has the edge over NBIS in the historical PE scenario, which offers more potential upside but is not a forecast.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
MTCH Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect MTCH's earnings to grow and its profitability to improve, with its revenue holding steady.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
MTCH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.86 | -2.6% |
| Q3 2026 | $2.94 | +37% |
| Q2 2026 | $2.83 | +39% |
| Q1 2026 | $2.62 | +30% |
| Q4 2025 | $2.38 | +18% |
| Q3 2025 | $2.14 | -3.6% |
| Q2 2025 | $2.03 | -11% |
| Q1 2025 | $2.02 | -11% |
| Q4 2024 | $2.02 | -11% |
MTCH has the edge over NBIS in the latest year-over-year earnings comparison.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has returned to profit: it earned $0.33 per share over the past year, after losing money the year before.
MTCH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $891.2M | -2.5% |
| Q2 2026 | $853.1M | -1.2% |
| Q1 2026 | $863.9M | +3.9% |
| Q4 2025 | $878M | +2.1% |
| Q3 2025 | $914.3M | +2.1% |
| Q2 2025 | $863.7M | 0% |
| Q1 2025 | $831.2M | -3.3% |
| Q4 2024 | $860.2M | -0.7% |
MTCH has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | +5.9 points |
| Q2 2026 | 29% | +6.3 points |
| Q1 2026 | 27% | +6.6 points |
| Q4 2025 | 32% | +6.5 points |
| Q3 2025 | 24% | +0.7 points |
| Q2 2025 | 22% | -1.2 points |
| Q1 2025 | 21% | -0.7 points |
| Q4 2024 | 26% | -4.1 points |
MTCH's operating margin was 30% last quarter, up 5.9 points from the same quarter a year ago.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
MTCH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $305.2M | -0.5% |
| Q2 2026 | $352.5M | +53% |
| Q1 2026 | $174M | -2.1% |
| Q4 2025 | $308.1M | +25% |
| Q3 2025 | $306.8M | +22% |
| Q2 2025 | $231M | +99% |
| Q1 2025 | $177.7M | -33% |
| Q4 2024 | $247.1M | -4.5% |
MTCH generated $1.1B in free cash flow over the past year, up 18% from the year before.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
MTCH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.3% | -5.8M shares |
| 1 year | -7.1% | -18.4M shares |
| 3 years | -18% | -51.4M shares |
| 5 years | -24% | -75M shares |
| Available history | -23% | -73.4M shares |
MTCH has 242M diluted shares, down 7.1% from a year ago, with $574M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $90.1M |
| Q2 2026 | $185.3M |
| Q1 2026 | $60.1M |
| Q4 2025 | $238.9M |
| Q3 2025 | $130.2M |
| Q2 2025 | $231M |
| Q1 2025 | $188.7M |
| Q4 2024 | $122.1M |
MTCH spent $574M buying back its own shares over the past year, down 15% from the year before.
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over MTCH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
MTCH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.5x | Moderate |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 2.4x | Moderate |
| Q4 2025 | 3.1x | Elevated |
| Q3 2025 | 3.3x | Elevated |
| Q2 2025 | 3.4x | Elevated |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | 3.1x | Elevated |
MTCH's net debt is about 2.5 years of its operating earnings (EBITDA), down from 3.3 years a year ago.
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
MTCH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.4 | Neutral |
| Stochastic | 43.4 | Neutral |
MTCH's weekly RSI is 55 (neutral) and its Stochastic is 43 (neutral).
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
MTCH PE vs Communication Services Sector
| Metric | MTCH | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 16x | 14% below |
| PE % | 11 | 26 | 15 pts below |
MTCH has the edge over NBIS on valuation relative to its sector.
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
MTCH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $41.6 | 0.4% above |
| 20 week MA | $40.6 | 3% above |
| 50 week MA | $36.2 | 15% above |
| 100 week MA | $34.5 | 21% above |
| 200 week MA | $35.6 | 17% above |
MTCH has stronger trend alignment. MTCH is above 5 of 5 weekly averages versus NBIS above 1 of 4.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 17% above its 100-week average.
MTCH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $84.0 | $152.1 | +81% |
| 2021 | $152.1 | $133.4 | -12% |
| 2022 | $133.4 | $40.6 | -70% |
| 2023 | $40.6 | $36.5 | -10% |
| 2024 | $36.5 | $33.2 | -9.1% |
| 2025 | $33.2 | $32.5 | -1.9% |
| 2026 YTD | $32.5 | $41.8 | +28% |
MTCH has finished five years in a row lower, and it's up 28% so far in 2026.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over MTCH on returns for 2026, with the stronger performance.