The company revealed its IPO price range today. which prices shares between $28 and $30 each. That price range sets Bumble up to raise as much as $1.04 billion from its IPO. The company is planning to offer 34.5 million shares of its stock.
Full Answer
Is Bumble stock still down 50% from its all-time high?
From its earnings decline in November, Bumble stock was down more than 65% before today’s move. Even with a 40% rally, the shares are still down 50% from their pre-earnings close in November and 72% from the all-time high near $85.
What is the target price for bumble?
Their forecasts range from $46.00 to $78.00. On average, they expect Bumble's stock price to reach $58.13 in the next twelve months. This suggests a possible upside of 76.9% from the stock's current price. View analysts' price targets for Bumble or view top-rated stocks among Wall Street analysts. Who are Bumble's key executives?
What are the key growth triggers for bumble stock?
Another key growth trigger for the company is expansion into new geographic regions. The Bumble app is being introduced in Europe, Asia and Latin America, with the company focused on the localization of products and services. This could help in delivering sustained growth in paying users and ARPU.
Will Bumble stock outperform or underperform the S&P 500 over the long term?
Vote “Outperform” if you believe BMBL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BMBL will underperform the S&P 500 over the long term. You may vote once every thirty days. Bumble does not currently pay a dividend. Bumble does not have a long track record of dividend growth.
Will Bumble stock ever go up?
She noted that Bumble's forecast for revenue growth on its core dating app of as much as 36% in 2022 is “meaningfully” higher than expected. “Bumble continues to execute well and the company is gaining market share,” she said.
Is Bumble stock a good investment?
Bumble expects its revenue to rise 21%-23% year over year in the first quarter of 2022, and to grow 22%-23% for the full year. That was roughly in line with analysts' expectations for 23% growth in the first quarter and 22% growth for the full year.
What is the future of Bumble?
Bumble will remain a polarizing stock for the foreseeable future. The bulls will note that Bumble's average revenue per paying user (ARPPU) continues to outpace Match's comparable growth in revenue per payer (RPP) and that it still has plenty of growth potential in overseas markets.
How much is Bumble worth 2020?
Bumble valuationYearValuation2017$1 billion2018$1.5 billion2019$3 billion2020$8 billionMay 4, 2022
Is Bumble doing well?
The financial results Bumble had 2.9 million total paying users across its two apps as of Sept. 30, a metric that grew by a meager 4.6% year over year. Its namesake app performed relatively well, with its total paying users increasing by 19.5%.
Will Bumble go back up?
Its revenue increased 36% in 2019, but it grew just 19% in 2020 as more people stayed at home throughout the crisis. Growth accelerated again in the first half of 2021 as people started to go out again, and it expects its revenue to increase 29% to 31% for the full year.
How much is Whitney Wolfe herd worth?
approximately $1.5 billionIn 2021, Wolfe Herd became the world's youngest self-made female billionaire after taking Bumble public. Forbes estimated her net worth at approximately $1.5 billion.
Is hinge better than Bumble?
Overall, Hinge is better than Bumble for most guys. Hinge's match-before-you-message format encourages communication, and while you can only like a limited number of women each day at least you can send them a message right away.
Is Bumble better than Match com?
While we think that Match might lead to a higher ratio of great matches, Bumble offers a lot more usability and still manages to show people matches that fit their personality and preferences. For those reasons, we believe that Bumble is the better dating site. However, Match is still a great choice for many users.
How much is Bumble worth 2022?
$4.09B.Bumble net worth as of June 16, 2022 is $4.09B. Bumble Inc. is the parent company of Badoo and Bumble, two of the world's highest-grossing dating apps with millions of users worldwide. The Bumble platform enables people to connect and build equitable and healthy relationships.
Will Bumble pay dividends?
BUMBLE (NASDAQ: BMBL) does not pay a dividend.
How much does Whitney Wolf own Bumble?
a 21%Wolfe Herd has a 21% stake in the company she founded in 2014 as a dating app where women make the first move. She also has about $100 million from the sale of a portion of her ownership to private equity firm Blackstone in 2020, her family office previously told Forbes.
Should I buy or sell Bumble stock right now?
14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bumble in the last year. There are currently 4 hold rat...
What is Bumble's stock price forecast for 2022?
14 analysts have issued twelve-month price objectives for Bumble's stock. Their forecasts range from $20.00 to $60.00. On average, they predict Bum...
How has Bumble's stock performed in 2022?
Bumble's stock was trading at $33.86 at the beginning of 2022. Since then, BMBL stock has decreased by 10.3% and is now trading at $30.36. View th...
When is Bumble's next earnings date?
Bumble is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for Bumble .
How were Bumble's earnings last quarter?
Bumble Inc. (NASDAQ:BMBL) released its quarterly earnings data on Wednesday, May, 11th. The company reported $0.04 EPS for the quarter, topping ana...
What guidance has Bumble issued on next quarter's earnings?
Bumble updated its second quarter 2022 earnings guidance on Wednesday, June, 8th. The company provided earnings per share (EPS) guidance of for the...
Who are Bumble's key executives?
Bumble's management team includes the following people: Ms. Whitney Wolfe Herd , Founder, CEO & Director (Age 32, Pay $1.13M) ( LinkedIn Profile...
Who are some of Bumble's key competitors?
Some companies that are related to Bumble include FactSet Research Systems (FDS) , AppLovin (APP) , Pinterest (PINS) , Switch (SWCH) , IAC/Int...
When did Bumble IPO?
(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 $2...
Is BUMBLE Stock a good buy in 2022, according to Wall Street analysts?
The consensus among 12 Wall Street analysts covering ( NASDAQ : BMBL ) stock is to Buy BMBL stock. Out of 12 analysts , 3 ( 25% ) are rec...
What is BMBL's earnings growth forecast for 2022-2024?
( NASDAQ : BMBL ) BUMBLE 's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's av...
What is BMBL's revenue growth forecast for 2022-2024?
( NASDAQ : BMBL ) BUMBLE 's forecast annual revenue growth rate of 20% is forecast to beat the US Software - Application industry's average...
What is BMBL's forecast return on assets (ROA) for 2022-2025?
(NASDAQ: BMBL) forecast ROA is 9.96%, which is higher than the forecast US Software - Application industry average of 4.86%.
What is BMBL's Price Target?
According to 12 Wall Street analyst s that have issued a 1 year BMBL price target, the average BMBL price target is $34.50 , with the highe...
What is BMBL's Earnings Per Share (EPS) forecast for 2022-2024?
(NASDAQ: BMBL) BUMBLE's current Earnings Per Share (EPS) is -$0.07. On average, analysts forecast that BMBL's EPS will be $0.26 for 2022, with the...
What is BMBL's forecast return on equity (ROE) for 2022-2025?
(NASDAQ: BMBL) forecast ROE is 22.99%, which is considered strong.
NASDAQ: BMBL
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Can this tech company rebound from its recent struggles on the stock market?
Bumble ( BMBL 5.04% ) was one of the most anticipated IPOs of 2021. The tech company, which owns its namesake female-oriented dating app, as well as another dating platform called Badoo, stirred up quite a lot of buzz when it went public on Feb. 11.
A word on competition
With dozens of companies battling it out for supremacy, the online dating area is highly competitive. Bumble's namesake app, from which it records the bulk of its revenue, seeks to attract customers in a unique way. By putting women in control -- in heterosexual pairing, men cannot initiate conversations on the platform, only women can.
The financial results
Bumble had 2.9 million total paying users across its two apps as of Sept. 30, a metric that grew by a meager 4.6% year over year. Its namesake app performed relatively well, with its total paying users increasing by 19.5%. But Badoo's payers dropped by 8.5% year over year.
Should investors buy?
While Bumble's shrinking paying users growth rate is a bit concerning, in my view, it's not enough to justify selling the company's shares, at least not yet.
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BMBL earnings per share forecast
What is BMBL 's earnings per share in the next 3 years based on estimates from 5 analyst s?
BMBL revenue forecast
What is BMBL 's revenue in the next 3 years based on estimates from 6 analyst s?
BMBL earnings growth forecast
How is BMBL forecast to perform vs Software - Application companies and vs the US market?
BMBL revenue growth forecast
How is BMBL forecast to perform vs Software - Application companies and vs the US market?
Bumble Stock Makes a Buzzy Debut
Bumble’s public debut could not have been timed better. Tech stocks, specifically social media stocks were at an all-time high and online dating was a major pandemic trend.
Women Make the First Move
Now that we’ve looked at Bumble’s growth potential by the numbers, here’s why I think the stock is a great buy for its business model. Bumble has always positioned itself as a platform for female empowerment, allowing women to make the first move on the app.
The Bottom Line
Bumble made a strong market debut but it does come with its challenges. The company’s price-to-sales ratio is quite low when compared to other tech companies. Adding to this is the uncertainty surrounding the momentum of online dating post-pandemic.
How much did Bumble lose?
30, Bumble Holdings recorded $376.58 million in revenues. Unfortunately, it had total operating costs and expenses of $430.44 million during that same period. This led to a net loss of $84.02 million after tax considerations. Bumble monetizes its Bumble and Badoo apps via a freemium model.
What is a buy and hold investor?
That is, you’re a buy-and-hold investor. The kind of investor who seeks strong companies, buys their stock, and then holds on for a long period of time seeking price appreciation.
When did Bumble IPO?
Bumble (NASDAQ: BMBL) stock only recently had its IPO on Feb. 11. The stock’s price has seen a tumultuous series of ups and downs in the month since the dating app company became publicly traded.
Is Bumble a parent company?
The company is the parent company of two dating apps, Bumble and Badoo. One of the important differentiating factors for Bumble is that on the app women make the first move. Bumble is certainly carving a niche for itself in the world of dating apps. I have little to say about its agenda, rather I’d like to dive into numbers around ...
The company went public in February 2021
Bumble ( BMBL -5.44% ) had a less-than-memorable year in 2021, its first as a publicly traded company. But are investors making a mistake in overlooking the dating app company? In this segment of Backstage Pass, recorded on Dec. 13, Fool contractors Rachel Warren and Danny Vena and Fool analyst Asit Sharma discuss.
NASDAQ: BMBL
Rachel Warren: That brings us up to the company's IPO. I'm going to share my screen here real quick. Just an interesting company and history, which is really quite complicated for a dating app. [laughs] There we go.
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Taking the Good With the Bad
As is the case with virtually any stock, it’s not all good news. Remember, the whole thing about the stock market is that it fluctuates, sometimes a great deal. More specifically, Bumble has seen a lot of fluctuation ever since it went public.
Learning From Past Mistakes
One thing that makes this particular stock rather appealing and somewhat frightening at the same time is the fact that when it first went public, it was so volatile that it was in serious danger of completely failing almost as soon as it was listed.
Experts Agree That Signs Are Positive
Most stock market analysts agree that the company’s willingness to identify their issues and then correct them is a good thing. In fact, they largely believe that this is one of the things that truly sets the company apart from its competition.
How many users does Bumble have?
As mentioned earlier, the company expects the global addressable market to reach 981 million by FY2025. Bumble is likely to have 98.1 million active users, assuming that the company can capture a 10% global market share.
How many paying users are there in 2020?
As of December 2019, paying users amounted to 2.05 million. The number of paying users increased to 2.51 million as of December 2020, with an average revenue per user (ARPU) of $18.48. As the number of paying users increases, the company is well positioned to accelerate its top-line.
Is Bumble a cash flow machine?
Bumble Can be a Cash Flow Machine. Currently, Bumble operates two apps, Bumble and Badoo. These two apps attract 40 million users on a monthly basis, but the revenue and cash flow growth trigger for the company is the number of paying users. As of December 2019, paying users amounted to 2.05 million.
How much did Bumble lose in the last year?
Bumble posted a net loss of $84.1 million in the period from Jan. 29 to Sept. 30 last year, after generating total revenue of $376.6 million, according to a regulatory filing. Your guide to a life well spent Sign up for the Wealth weekly newsletter.
How many users does Bumble have?
SensorTower estimates that along with Badoo, Bumble’s European brand, the company has amassed about 54 million monthly users. That’s second only to Tinder-operator Match Group Inc.’s 100 million, according to Bloomberg Intelligence.
Can Bumble go beyond dates?
Online dating users also show a preference for maintaining multiple dating profiles, which should help Bumble grow further. If you believe Bumble can go beyond dates. Bumble BFF may become a long-term opportunity for the company to expand even more.
Who is the founder of Bumble?
How is the company doing? Whitney Wolfe Herd, who co-founded Tinder, launched Bumble in 2014 as a way to change the power dynamics of dating for women. The app allows women to make the first move by messaging potential dates.
Is Bumble BFF a long term business?
Bumble BFF may become a long-term opportunity for the company to expand even more. The in-app friend-making feature’s monthly users reached 9% of Bumble’s total in September, according to data from Bloomberg Intelligence.
