Is Bumble (Bumble) stock a buy or sell?
Bumble has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings. According to analysts' consensus price target of $58.13, Bumble has a forecasted upside of 76.9% from its current price of $32.85.
How much money does Bumble make?
And it offers services for meeting friends (Bumble BFF) and networking (Bumble Bizz). With more than 40 million active users worldwide, Bumble logged $490 million in 2019 revenue, a 36% jump from the year before.
Is Bumble Inc (BMBL) worth holding through 2022?
These hot stocks are also worth holding through 2022. Shares of Bumble Inc (NASDAQ: BMBL) are up more than 10% on Tuesday after JPMorgan said the stock had a lot of room to run in the coming months. Cory Carpenter sees another 50% upside In a note this mor...
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?
Is Bumble stock worth buying?
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 4 digit stock ticker for Bumble?
Bumble Inc (BMBL)
What is Bumble stock prediction?
The 16 analysts offering 12-month price forecasts for Bumble Inc have a median target of 29.00, with a high estimate of 45.00 and a low estimate of 20.00. The median estimate represents a -7.88% decrease from the last price of 31.48.
Why are Bumble shares falling?
Thursday's Bumble tumble marked an accelerated decline for a stock that had already fallen more than 12% over the previous five sessions - and it's likely the Russia-Ukraine conflict is playing a part, with Bumble's exposure to the region including both countries.
How do I buy Bumble stock?
How to buy shares in BumbleCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. Fund your account.Research the stock. ... Purchase now or later. ... Check in on your investment.
Who owns Bumble app?
The company was valued at more than $1 billion in November 2017. When private equity firm The Blackstone Group purchased a majority stake in Bumble's parent company MagicLab, Bumble and its sister apps were valued at $3 billion. Bumble and its sister apps earned $162 million in net revenue for 2018.
How much does Bumble make a year?
Bumble App revenue increased 42.2% to $150.5 million, compared to $105.8 million. Badoo App and Other revenue decreased (3.5)% to $57.7 million, compared to $59.8 million. Total paying users increased 10.6% to 3.0 million, compared to 2.7 million.
What will be the price of Airbnb stock?
$ 109.00CloseChgChg %$108.91-6.81-5.88%
What is the target price for snap?
Stock Price Target SNAPHigh$59.00Median$29.00Low$14.00Average$30.91Current Price$12.02
Is Bumble stock undervalued?
Based on those expectations, the stock trades at three times this year's sales and 13 times its adjusted EBITDA. Match, which is growing at a slightly slower rate than Bumble, trades at five times this year's sales and 16 times its adjusted EBITDA. Therefore, Bumble looks a bit undervalued at these depressed levels.
Will Bumble stock 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.
Why did Bumble stock go up?
Bumble Inc. (BMBL) shares are soaring after the online dating app operator reported big gains in revenue and earnings in the fourth quarter, and the stock received an analyst upgrade. Bumble posted quarterly sales of $208.2 million, an increase of 25.8% from a year ago.
Is Bumble a buy right now?
14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bumble in the last twelve months. There are currently 4 hold rat...
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) issued its quarterly earnings data on Wednesday, May, 11th. The company reported $0.13 EPS for the quarter, topping the c...
What guidance has Bumble issued on next quarter's earnings?
Bumble issued an update on its second quarter 2022 earnings guidance on Wednesday, May, 25th. The company provided earnings per share (EPS) guidanc...
What price target have analysts set for BMBL?
14 brokers have issued 12-month price objectives for Bumble's shares. Their forecasts range from $20.00 to $60.00. On average, they expect Bumble's...
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) , Pinterest (PINS) , Switch (SWCH) , IAC/InterActiveCorp (IAC)...
When did Bumble IPO?
(BMBL) raised $1 billion in an IPO on Thursday, February 11th 2021. The company issued 34,500,000 shares at a price of $28.00-$30.00 per share. Gol...
What is Bumble's stock symbol?
Bumble trades on the NASDAQ under the ticker symbol "BMBL."
When will Bumble announce its financial results?
What is Bumble dating app?
Bumble Inc. to Announce First Quarter 2021 Financial Results on May 12, 2021. AUSTIN, Texas, April 20, 2021 (GLOBE NEWSWIRE) -- Bumble Inc. (NASDAQ: BMBL), the parent company of Bumble and Badoo, two of the world's highest-grossing dating apps with millions of users worldwide, an... 3 months ago - GlobeNewsWire.
Is Bumble taking a week off?
In a world filled with different dating apps, there's only one where consumers can order dating apps and dating entrees. Bumble, known for its women-message-first model for heterosexual matches and for ...
What is Bumble Inc?
Dating app Bumble is giving its employees the week off. The company confirmed to Sky News that its offices are closed this week to give its 700 employees a "much needed break" to recover from Covid burn...
Where is Bumble headquartered?
Company Profile. 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 credit-based dating products. The company operates two apps, Bumble and Badoo with approximately 40 million users on monthly basis.
NASDAQ: BMBL
Bumble Inc. was founded in 2014 in and is headquartered in Austin, Texas.
Can this tech company rebound from its recent struggles on the stock market?
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A word on competition
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.
The financial results
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.
Should investors buy?
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.
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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.
How much money does Bumble make in 2019?
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Is online dating a winner take all market?
And it offers services for meeting friends (Bumble BFF) and networking (Bumble Bizz). With more than 40 million active users worldwide, Bumble logged $490 million in 2019 revenue, a 36% jump from the year before. Through the first nine months of 2020, it earned more than $415 million in revenue. Bumble employs a freemium model, where customers can ...
