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.
What are analysts'price targets for Bumble (Bumble) stock?
16 analysts have issued 1 year price targets for Bumble's stock. 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.
Did insiders buy or sell Bumble Inc's (BMBL) stock?
From what we can see, insiders were net buyers in Bumble Inc.'s (NASDAQ:BMBL) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
Is the stock market in a bubble now?
Therefore, going by the market’s valuation, fundamental backdrop, and outlook, the stock market seems to be in a bubble now. Many market experts have been predicting a stock market downturn or an absolute crash.
Can you buy Bumble stock?
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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.
What is the 4 digit stock ticker for Bumble?
Bumble Inc (BMBL)
Is Bumble bee publicly traded?
Shares of Bumble, which operates a dating app under the same name, closed up 63.5% in their initial public offering Thursday on the Nasdaq.
Is Bumble a good long term stock?
Bumble is one stock that has been making the news quite a bit lately. It's a dating app specifically oriented to females and as it turns out, it just might be equally well oriented toward purchase for a long-term stock option.
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.
Is Bumble a buy?
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.
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.
Is tinder on the stock market?
The TINDER brand is owned by MATCH GROUP, INC., a company listed in New York. The sector of TINDER is Interactive Media....Stock market history MATCH GROUP, INC. ( TINDER)XPriceMay 31, 202278.83May 27, 202279.72May 26, 202277.84May 25, 202273.29216 more rows
Are any dating apps publicly traded?
Bumble. Bumble, the creation of former Tinder marketing executive Whitney Wolfe Herd, went public in early 2021 and has benefited from the success of Match Group. Bumble is similar to Tinder in that users swipe left or right on prospective matches.
Why is Bumble stock dropping?
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.
What will be the price of Airbnb stock?
$ 119.42CloseChgChg %$122.022.191.83%
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."
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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How much is Bumble worth in 2030?
Like Match, Bumble could also eventually acquire other smaller dating apps to reach different demographics and overseas markets. If Bumble generates $4.4 billion in revenue by 2030 and its stock still trades at 12 times sales, it could be worth about $50 billion.
How much revenue will Bumble generate in 2030?
If Bumble grows its annual revenue at an average rate of 25% over the next five years, then maintains an average growth rate of 20% over the following five years, it could generate $4.4 billion in revenue by 2030. That growth trajectory, which would equal a CAGR of 22.5%, could be tough to achieve -- but Bumble still has plenty of irons in the fire.
How much money does Bumble make in 2020?
Bumble's revenue rose 36% to $488.9 million in 2019, then grew 19% to $582.2 million in 2020. Bumble experienced slower growth in paid users throughout the pandemic, but it expects its revenue to grow 24%-26% in 2021 as the crisis ends and more people start dating again.
Who is Leo from Silicon Valley?
Author Bio. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. Follow him on Twitter for more updates!
Is Bumble worth more than Match?
Simply put, Bumble is highly unlikely to be worth more than Match in ten years, even if it continues to grow at a much faster rate. But Bumble doesn't need to eclipse Match to be a good investment.
Is Bumble a video call?
Bumble also launched voice and video calls two years ago, and it could further expand that platform to chase Zoom ( NASDAQ:ZM) into the growing video conferencing market. Tinder only rolled out video calls a year ago.
Is Bumble growing?
The global online dating market could grow at a CAGR of 8.3% between 2019 and 2025, according to Allied Market Research. However, both Bumble and Match are likely growing faster than the broader market. If Bumble grows its annual revenue at an average rate of 25% over the next five years, then maintains an average growth rate ...
