Bumble (BMBL) Stock Price, News & Analysis

Company Overview

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. Bumble Inc. was founded in 2006 in and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $6.05 to $6.38
• 50-Day Range: $5.71 to $10.04
• 52-Week Range: $4.80 to $15.90
• Volume: 3.96 million shs
• Average Volume: 3.23 million shs
• Market Capitalization: $768.55 million
• P/E Ratio: 35.82
• Dividend Yield: N/A
• Price Target: $9.62
• Consensus Rating: Hold

Bumble Stock Analysis - MarketRank™

Bumble scored higher than 81% of companies evaluated by MarketBeat, and ranked 208th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Hold

Consensus Rating

Bumble has received a consensus rating of Hold. The company's average rating score is 2.21, and is based on 5 buy ratings, 13 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Bumble has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 13.25%

Earnings Growth

Earnings for Bumble are expected to grow by 13.25% in the coming year, from $0.83 to $0.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Bumble is 35.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bumble is 35.82, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 274.89.

Price to Book Value per Share Ratio

Bumble has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.74% of the float of Bumble has been sold short.

Short Interest Ratio / Days to Cover

Bumble has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Bumble has recently decreased by 1.77%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bumble does not currently pay a dividend.

Dividend Growth

Bumble does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

18.74% of the float of Bumble has been sold short.

Short Interest Ratio / Days to Cover

Bumble has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Bumble has recently decreased by 1.77%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.15

News Sentiment

Bumble has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Bumble this week, compared to 7 articles on an average week.

Search Interest

Only 2 people have searched for BMBL on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

MarketBeat Follows

3 people have added Bumble to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bumble insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.84% of the stock of Bumble is held by insiders.

Percentage Held by Institutions

94.85% of the stock of Bumble is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BMBL Stock Analysis - Frequently Asked Questions

How have BMBL shares performed this year?

Bumble's stock was trading at $14.74 on January 1st, 2024. Since then, BMBL stock has decreased by 58.7% and is now trading at $6.09.
View the best growth stocks for 2024 here.

How were Bumble's earnings last quarter?

Bumble Inc. (NASDAQ:BMBL) issued its quarterly earnings data on Wednesday, August, 7th. The company reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.07. The business's revenue for the quarter was up 3.4% compared to the same quarter last year.

When did Bumble IPO?

Bumble (BMBL) raised $1 billion in an initial public offering (IPO) on Thursday, February 11th 2021. The company issued 34,500,000 shares at a price of $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.

Who are Bumble's major shareholders?

Top institutional investors of Bumble include Dimensional Fund Advisors LP (3.25%), Point72 Asset Management L.P. (1.82%), The Manufacturers Life Insurance Company (1.62%) and Millennium Management LLC (1.20%). Insiders that own company stock include Bx Buzz Ml-1 Gp Llc, Holdings Gp Man Blackstone III, Matthew S Bromberg and Amy Griffin.
View institutional ownership trends.

How do I buy shares of Bumble?

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.

Company Calendar

• Last Earnings: 8/07/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:BMBL
• CUSIP: N/A
• CIK: 1830043
• Web: bumble.com
• Phone: 512-696-1409
• Fax: N/A
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.62
• High Stock Price Target: $20.30
• Low Stock Price Target: $5.50
• Potential Upside/Downside: +58.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.21
• Research Coverage: 19 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.17
• Trailing P/E Ratio: 35.82
• Forward P/E Ratio: 7.34
• P/E Growth: N/A
• Net Income: $-4,210,000.00
• Net Margins: 3.93%
• Pretax Margin: 7.06%
• Return on Equity: 1.82%
• Return on Assets: 1.18%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 2.38
• Quick Ratio: 2.38

Sales & Book Value

• Annual Sales: $1.09 billion
• Price / Sales: 0.71
• Cash Flow: $0.47 per share
• Price / Cash Flow: 12.90
• Book Value: $17.88 per share
• Price / Book: 0.34

Miscellaneous

• Outstanding Shares: 126,199,000
• Free Float: 116,305,000
• Market Cap: $768.55 million
• Optionable: Optionable
• Beta: 1.66