online dating market share 2013
Online dating is going mainstream. The study is based on a survey of 2, U. Young adults are leading the surge in online dating, with usage among to year-olds almost tripling since Pew's online dating study. Call it the Tinder factor: Aaron Smith, author of the report, told NPR that mobile apps' appeal online dating market share 2013 in their simplicity and " game-ified way of engaging with other people.
But young people aren't the only ones in pursuit of the digital get down. Online dating is a big market. Here in the U. Match, whose portfolio includes OkCupid, Tinder and Match. Investors are interested in the market's potential: Still, despite the increasing popularity of online dating, concerns remain over the industry's ability to generate a profit. The biggest issue is that, when the apps work and people find partners, they stop using the service.
As a result, dating apps must be adept at acquiring new customers. Unfortunately, as the Wall Street Journal points outmost dating apps don't experience the same meteoric rise that Grindr and Tinder have, and users generally don't recommend the latest apps to their friends. Match's first quarterly earnings illustrate the potential hurdles within the online dating industry.
Following the earnings report, Barclays downgraded the stock, and both JPMorgan and Merrill Lynch lowered their price targets. Keeping these challenges in mind as well as the industry's growthlet's take a look at what analysts expect to see from online dating companies when they next report earnings. Analysts provide estimates for various aspects of a company's operations, including its net income, earnings per share and revenue.
The consensus estimate, which is the average of the provided figures, is then used as a benchmark come earnings season. If a company surpasses estimates, that's a positive earnings surprise and can boost a stock. On the other hand, missing estimates is a negative earnings surprise and can tank a stock. Just look at Twitter NYSE: Below is a list of online dating stocks and analyst estimates for their next quarterly earnings and revenue.
DATEEarningsAnalystsFinancials: Operates an online dating platform in the People's Republic of China. LOVEarningsAnalystsFinancials: Provides online personals services in the United States and internationally. Spark's portfolio includes ChristianMingle. Average earnings estimate for Q4 MTCH, EarningsAnalystsFinancials: Market cap at 2.
Match's portfolio includes Match. Price and market capitalization data sourced from Zacks Investment Research. Analyst estimate data sourced from Yahoo! All other data sourced from FINVIZ. Please be aware of the risks associated with these stocks. Long Ideas Short Ideas Cramer's Picks Online dating market share 2013 Quick Picks Sectors Editor's Picks. Of Love And Money: The Rise Of The Online Dating Industry Feb.
Investing for the rest of us. By Mary-Lynn Cesar Online dating is going mainstream. And the rapid growth in online dating is as much about online dating market share 2013 as it is love. Want to share your opinion on this article? Disagree with this article? To report a factual error in this article, click here. Follow Kapitall and get email alerts.