Bumble (BMBL) Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bumble in the last year. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BMBL shares.
View BMBL analyst ratings or view top-rated stocks.

17 brokers have issued 12-month target prices for Bumble's shares. Their BMBL share price forecasts range from $18.00 to $35.00. On average, they expect the company's share price to reach $26.55 in the next year. This suggests a possible upside of 57.5% 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 $21.05 at the start of the year. Since then, BMBL shares have decreased by 19.9% and is now trading at $16.86.
View the best growth stocks for 2023 here.

Bumble saw a decrease in short interest in May. As of May 15th, there was short interest totaling 6,710,000 shares, a decrease of 5.1% from the April 30th total of 7,070,000 shares. Based on an average trading volume of 2,760,000 shares, the short-interest ratio is presently 2.4 days. Approximately 7.1% of the company's shares are short sold.
View Bumble's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our BMBL earnings forecast.

Bumble Inc. (NASDAQ:BMBL) posted its quarterly earnings results on Thursday, May, 4th. The company reported ($0.01) earnings per share for the quarter. The firm earned $242.95 million during the quarter, compared to the consensus estimate of $240.92 million. Bumble had a positive trailing twelve-month return on equity of 1.50% and a negative net margin of 10.51%. Bumble's revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.04 earnings per share.

ETFs with the largest weight of Bumble (NASDAQ:BMBL) stock in their portfolio include SPDR S&P Internet ETF (XWEB), Invesco Dynamic Software ETF (PSJ), Fount Metaverse ETF (MTVR), ProShares On-Demand ETF (OND), Goldman Sachs Future Consumer Equity ETF (GBUY), Fidelity Metaverse ETF (FMET), iShares Virtual Work and Life Multisector ETF (IWFH) and Fidelity Women's Leadership ETF (FDWM).

Bumble updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $254.00 million-$258.00 million, compared to the consensus revenue estimate of $256.63 million.

(BMBL) raised $1 billion in an IPO 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 acted 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 trades on the NASDAQ under the ticker symbol "BMBL."

Bumble's stock is owned by a number of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (7.10%), BlackRock Inc. (7.03%), FMR LLC (6.44%), JPMorgan Chase & Co. (1.58%), State Street Corp (1.66%) and Geode Capital Management LLC (1.51%). Insiders that own company stock include Amy Griffin, Bx Buzz Ml-1 Gp Llc, Holdings Gp Man Blackstone III, Matthew S Bromberg, Pamela Thomas-Graham, Tariq M Shaukat and Whitney Wolfe Herd.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of BMBL stock can currently be purchased for approximately $16.86.

Bumble (NASDAQ:BMBL) has a market capitalization of $2.32 billion and generates $903.50 million in revenue each year. The company earns $-79,750,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis.

The company employs 900 workers across the globe.

Bumble's mailing address is 1105 WEST 41ST STREET, AUSTIN TX, 78756. The official website for the company is bumble.com. The company can be reached via phone at 512-696-1409 or via email at ir@team.bumble.com.