Royal Bank Of Canada reissued their sector perform rating on shares of Bumble (NASDAQ:BMBL – Free Report) in a report published on Thursday morning,Benzinga reports. Royal Bank Of Canada currently has a $5.00 target price on the stock.
BMBL has been the topic of a number of other reports. Zacks Research upgraded Bumble from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 10th. Morgan Stanley lifted their price target on Bumble from $3.50 to $4.00 and gave the company an “equal weight” rating in a research report on Thursday. JPMorgan Chase & Co. raised Bumble from an “underweight” rating to a “neutral” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $4.00 price objective on shares of Bumble in a research report on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Bumble in a research note on Monday, December 29th. Fourteen equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $4.34.
View Our Latest Analysis on Bumble
Bumble Trading Down 1.0%
Bumble (NASDAQ:BMBL – Get Free Report) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.79. The company had revenue of $224.17 million for the quarter, compared to the consensus estimate of $221.45 million. Bumble had a positive return on equity of 22.13% and a negative net margin of 72.74%.The firm’s revenue was down 14.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 earnings per share. Equities research analysts forecast that Bumble will post 4.19 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Bumble
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Wexford Capital LP purchased a new position in shares of Bumble in the 3rd quarter worth about $31,000. EFG International AG bought a new position in shares of Bumble during the 4th quarter valued at about $25,000. Oppenheimer & Co. Inc. purchased a new position in shares of Bumble during the 4th quarter valued at about $36,000. StoneX Group Inc. purchased a new position in shares of Bumble during the 4th quarter valued at about $36,000. Finally, Focus Partners Advisor Solutions LLC bought a new stake in Bumble in the 4th quarter worth approximately $37,000. 94.85% of the stock is currently owned by hedge funds and other institutional investors.
Key Stories Impacting Bumble
Here are the key news stories impacting Bumble this week:
- Positive Sentiment: Company unveiled an AI dating assistant, “Bee,” positioned as a personalized matchmaker — investors see this as a product catalyst to win back younger users and monetize data. Bumble to launch an AI dating assistant, ‘Bee’
- Positive Sentiment: Fourth‑quarter results beat expectations (EPS well above estimates; revenue ~$224.2M vs. est. ~$221M) and management signaled early stabilization in user trends — the beat and commentary triggered the initial rally. Bumble shares rally on earnings beat, optimism around AI‑led app revamp
- Positive Sentiment: Several brokers adjusted ratings after the quarter — JPMorgan upgraded Bumble from underweight to neutral, helping sentiment during the rally. JP Morgan Upgrades Bumble (BMBL)
- Neutral Sentiment: Social and retail interest spiked — Reddit sentiment turned sharply bullish and unusual options/call buying increased, amplifying intraday volatility and momentum trading. Bumble’s AI Dating Concierge Sparked a Reddit Sentiment Flip From 29 to 76
- Neutral Sentiment: Coverage and headlines highlighted a 25–34% intraday move tied to the AI announcement and earnings — that volatility raises both upside on sustained product execution and downside from short‑term profit‑taking. Bumble (BMBL) Stock Rockets 34% After Revealing AI-Powered Dating Assistant ‘Bee’
- Negative Sentiment: Some analysts trimmed forecasts or kept cautious views despite the beat — Bank of America cut its price target and other shops issued mixed guidance revisions, which tempers the thesis that the beat alone fixes top‑line pressure. These Analysts Cut Their Forecasts On Bumble Following Q4 Earnings
- Negative Sentiment: After a sharp multi‑day rally, profit‑taking and high trading volume have pushed the stock lower from the intraday highs — investors should watch whether engagement metrics and monetization from Bee justify sustained multiple expansion. Bumble (BMBL) shares skyrocket, what you need to know
Bumble Company Profile
Bumble Inc operates a technology platform designed to facilitate social and professional connections through its suite of apps, most notably the flagship Bumble dating app. The company’s core premise is to empower users—particularly women—to make the first move, helping to reshape traditional dating dynamics. In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”
Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.
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