The Analyst Verdict: Bumble In The Eyes Of 6 Experts

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In the preceding three months, 6 analysts have released ratings for Bumble BMBL, presenting a wide array of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 4 2 0 0
Last 30D 0 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 4 2 0 0
3M Ago 0 0 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $15.67, with a high estimate of $18.00 and a low estimate of $13.00. Highlighting a 10.97% decrease, the current average has fallen from the previous average price target of $17.60.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into how financial experts perceive Bumble. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Shyam Patil Susquehanna Lowers Positive $14.00 $17.00
Brian Nowak Morgan Stanley Lowers Equal-Weight $16.00 $17.00
Matt Farrell Piper Sandler Lowers Neutral $13.00 $14.00
Brad Erickson RBC Capital Maintains Outperform $16.00 -
Cory Carpenter JP Morgan Lowers Overweight $17.00 $20.00
Justin Patterson Keybanc Lowers Overweight $18.00 $20.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Bumble. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bumble compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Bumble's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Bumble's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Bumble analyst ratings.

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Delving into Bumble's Background

Bumble Inc is engaged in offering online dating services. The company operates two apps, Bumble and Badoo, where users come every month to discover new people and connect.

Breaking Down Bumble's Financial Performance

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Bumble showcased positive performance, achieving a revenue growth rate of 13.25% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Bumble's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -9.4%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Bumble's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -1.55%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Bumble's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.7%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Bumble's debt-to-equity ratio is below the industry average. With a ratio of 0.39, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Understanding the Relevance of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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