Bumble (BMBL) Stock Price, News & Analysis

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bumble in the last twelve months. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BMBL shares.
View BMBL analyst ratings or view top-rated stocks.

15 analysts have issued twelve-month target prices for Bumble's stock. Their BMBL share price targets range from $13.00 to $20.30. On average, they expect the company's share price to reach $15.89 in the next twelve months. This suggests a possible upside of 38.7% from the stock's current price.
View analysts price targets for BMBL or view top-rated stocks among Wall Street analysts.

Bumble's stock was trading at $14.74 at the beginning of 2024. Since then, BMBL stock has decreased by 22.3% and is now trading at $11.45.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our BMBL earnings forecast.

Bumble Inc. (NASDAQ:BMBL) announced its quarterly earnings results on Wednesday, May, 8th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.12. The firm had revenue of $267.80 million for the quarter, compared to the consensus estimate of $265.41 million. Bumble had a negative net margin of 0.40% and a negative trailing twelve-month return on equity of 0.17%. The firm's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.01) earnings per share.

ETFs with the largest weight of Bumble (NASDAQ:BMBL) stock in their portfolio include SPDR S&P Internet ETF (XWEB), Aztlan Global Stock Selection DM SMID ETF (AZTD), WisdomTree Growth Leaders Fund (PLAT), Fidelity Disruptive Communications ETF (FDCF), Parabla Innovation ETF (LZRD) and Fidelity Metaverse ETF (FMET).Global X Social Media Index ETF (SOCL).

Bumble issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Bumble (BMBL) raised $1 billion in an initial public offering on Thursday, February 11th 2021. The company issued 34,500,000 shares at $28.00-$30.00 per share. Goldman Sachs, Citigroup, Morgan Stanley, J.P. Morgan, Jefferies, RBC Capital Markets and Evercore ISI served as the underwriters for the IPO and Blackstone Capital Markets, BMO Capital Markets, Cowen, Raymond James, Stifel, BTIG, Nomura, SMBC Nikko, AmeriVet Securities, C.L. King & Associates, Drexel Hamilton, Loop Capital Markets, R. Seelaus & Co., Ramirez & Co., Siebert Williams Shank and Telsey Advisory Group were co-managers.

Bumble's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.36%), TimesSquare Capital Management LLC (0.95%), Allspring Global Investments Holdings LLC (0.48%), Westbourne Investment Advisors Inc. (0.26%), IMC Chicago LLC (0.00%) and Susquehanna Portfolio Strategies LLC (0.16%). Insiders that own company stock include Amy Griffin, Bx Buzz Ml-1 Gp Llc, Holdings Gp Man Blackstone III, Matthew S Bromberg and Tariq M Shaukat.
View institutional ownership trends.

Shares of BMBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.