Bumble (BMBL) Stock Forecast & Price Target

$6.21

-0.10 (-1.58%)

(As of 09/18/2024 ET)

Bumble - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 20 Analyst Ratings

Based on 20 Wall Street analysts who have issued ratings for Bumble in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 1 has given a sell rating, 13 have given a hold rating, and 6 have given a buy rating for BMBL.

Consensus Price Target

$9.62
54.93% Upside

High Forecast	$20.30
Average Forecast	$9.62
Low Forecast	$5.50

According to the 20 analysts' twelve-month price targets for Bumble, the average price target is $9.62. The highest price target for BMBL is $20.30, while the lowest price target for BMBL is $5.50. The average price target represents a forecasted upside of 54.93% from the current price of $6.21.

Type	Current Forecast 9/19/23 to 9/18/24	1 Month Ago 8/20/23 to 8/19/24	3 Months Ago 6/21/23 to 6/20/24	1 Year Ago 9/19/22 to 9/19/23
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	11 Buy rating(s)	9 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$9.62	$9.62	$15.89	$25.00
Forecasted Upside	54.93% Upside	19.24% Upside	32.57% Upside	24.99% Upside

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BMBL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BMBL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Bumble Stock vs. The Competition

Type	Bumble	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.25	2.64	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	54.93% Upside	94.60% Upside	7.94% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/16/2024	TD Cowen 4 of 5 stars	J. Blackledge Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$22.00 ➝ $7.50	+27.12%
8/13/2024	KeyCorp 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$11.00 ➝ $8.00	+39.25%
8/9/2024	Hsbc Global Res 0 of 5 stars	M. Khallouf Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
8/9/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Sheridan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$18.00 ➝ $9.00	+56.25%
8/9/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
8/9/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Patil Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Positive ➝ Neutral	$14.00 ➝ $6.00	+5.08%
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8/8/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$16.00 ➝ $8.00	+43.88%
8/8/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$11.00 ➝ $7.00	+30.60%
8/8/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Gawrelski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$10.00 ➝ $7.00	+36.45%
8/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Y. Arounian Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$12.00 ➝ $6.00	-25.56%
8/8/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$12.00 ➝ $6.00	-25.56%
8/8/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$13.00 ➝ $7.00	-13.15%
8/8/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Fuller Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
8/8/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$13.00 ➝ $6.50	-19.35%
8/8/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral	$17.00 ➝ $7.00	-13.15%
8/8/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Li Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Inline	$18.00 ➝ $8.00	-0.74%
8/8/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Underperform	$12.00 ➝ $5.50	-31.76%
7/16/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Khajuria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$14.00	+50.05%
4/4/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform
9/29/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$18.00	+24.31%
5/1/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$24.00 ➝ $20.00	+9.83%
4/11/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$23.00	+23.19%
2/23/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$24.00 ➝ $25.00	+4.56%
2/23/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$33.00 ➝ $35.00	+49.96%
11/16/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$30.00	+25.73%
11/10/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$38.00 ➝ $33.00	+50.20%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:48 PM ET.

BMBL Forecast - Frequently Asked Questions

What is Bumble's forecast for 2024?: According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Bumble is $9.62, with a high forecast of $20.30 and a low forecast of $5.50.
Should I buy or sell Bumble stock right now?: 20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bumble in the last twelve months. There is currently 1 sell rating, 13 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BMBL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMBL, but not buy additional shares or sell existing shares.
Does Bumble's stock price have much upside?: According to analysts, Bumble's stock has a predicted upside of 19.24% based on their 12-month stock forecasts.
Has Bumble been downgraded by Wall Street analysts recently?: Over the previous 90 days, Bumble's stock had 10 downgrades by analysts.
What analysts cover Bumble?: Bumble has been rated by research analysts at Bank of America, BTIG Research, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, Hsbc Global Res, HSBC, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Piper Sandler, Royal Bank of Canada, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
Do Wall Street analysts like Bumble more than its competitors?: Analysts like Bumble less than other "computer and technology" companies. The consensus rating for Bumble is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how BMBL compares to other companies.