Bumble (BMBL) to Release Earnings on Wednesday

Bumble (NASDAQ:BMBL - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $246.68 million for the quarter.

Bumble Stock Up 5.0 %

Shares of BMBL stock traded up $0.22 during mid-day trading on Friday, hitting $4.66. The stock had a trading volume of 3,513,505 shares, compared to its average volume of 3,116,988. Bumble has a 12-month low of $3.55 and a 12-month high of $12.49. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.09 and a quick ratio of 2.09. The firm's 50-day moving average is $4.48 and its two-hundred day moving average is $6.69. The firm has a market capitalization of $491.84 million, a P/E ratio of -0.95 and a beta of 1.77.

Analyst Ratings Changes

A number of research firms have commented on BMBL. Stifel Nicolaus cut their target price on shares of Bumble from $6.00 to $4.00 and set a "hold" rating on the stock in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. cut their price objective on shares of Bumble from $8.00 to $7.00 and set a "neutral" rating on the stock in a report on Wednesday, February 19th. Royal Bank of Canada lowered their target price on Bumble from $8.00 to $7.00 and set an "outperform" rating for the company in a report on Wednesday, February 19th. Wolfe Research downgraded Bumble from an "outperform" rating to a "peer perform" rating in a report on Friday, January 3rd. Finally, The Goldman Sachs Group decreased their price objective on Bumble from $10.00 to $8.00 and set a "buy" rating for the company in a research note on Monday, March 17th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $6.82.

Bumble Company Profile

Bumble Inc provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products. The company operates apps, including Bumble, a dating app built with women at the center, where women make the first move; Badoo, the web and mobile free-to-use dating app; Official app where users connect their profile with that of their partner enabling a shared, linked product experience; Bumble BFF and Bumble Bizz Modes that have a format similar to the date mode requiring users to set up profiles and matching users through yes and no votes, similar to the dating platform; and Bumble for Friends, a friendship app where people in all stages of life can meet people nearby and create meaningful platonic connections, as well as Fruitz app is centered around encouraging honesty and transparency by sharing dating intentions from the first touch point.