Bumble (BMBL) Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bumble in the last twelve months. There are currently 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BMBL shares.
View BMBL analyst ratings or view top-rated stocks.

15 analysts have issued 12-month price objectives 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 $24.78 in the next twelve months. This suggests a possible upside of 65.9% 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 on January 1st, 2023. Since then, BMBL shares have decreased by 29.1% and is now trading at $14.93.
View the best growth stocks for 2023 here.

Bumble saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,020,000 shares, an increase of 6.7% from the August 15th total of 5,640,000 shares. Based on an average daily volume of 2,100,000 shares, the short-interest ratio is currently 2.9 days. Approximately 6.2% of the company's shares are sold short.
View Bumble's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our BMBL earnings forecast.

Bumble Inc. (NASDAQ:BMBL) issued its quarterly earnings results on Tuesday, August, 8th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The firm earned $259.70 million during the quarter, compared to analysts' expectations of $256.63 million. Bumble had a positive trailing twelve-month return on equity of 1.82% and a negative net margin of 8.94%. The firm's revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.01) EPS.

ETFs with the largest weight of Bumble (NASDAQ:BMBL) stock in their portfolio include SPDR S&P Internet ETF (XWEB), iShares Virtual Work and Life Multisector ETF (IWFH), Fidelity Metaverse ETF (FMET), WisdomTree Growth Leaders Fund (PLAT), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), Parabla Innovation ETF (LZRD), Goldman Sachs Future Consumer Equity ETF (GBUY) and Fidelity Disruptive Communications ETF (FDCF).

Bumble updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $274.00 million-$280.00 million, compared to the consensus revenue estimate of $275.62 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.29%), Marshall Wace LLP (2.76%), State Street Corp (1.80%), Citadel Advisors LLC (0.00%), Geode Capital Management LLC (1.51%) and Dimensional Fund Advisors LP (1.50%). 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 $14.93.

Bumble (NASDAQ:BMBL) has a market capitalization of $2.04 billion and generates $903.50 million in revenue each year. The company earns $-79,750,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis.

The company employs 950 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.