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Bumble Inc has a consensus price target of $16.06 based on the ratings of 27 analysts. The high is $45 issued by BMO Capital on May 12, 2022. The low is $6 issued by Morgan Stanley on August 8, 2024. The 3 most-recent analyst ratings were released by Susquehanna, Stifel, and Citigroup on November 11, 2024, November 7, 2024, and November 7, 2024, respectively. With an average price target of $7.67 between Susquehanna, Stifel, and Citigroup, there's an implied -6.62% downside for Bumble Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bumble (NASDAQ:BMBL) was reported by Susquehanna on November 11, 2024. The analyst firm set a price target for $8.00 expecting BMBL to fall to within 12 months (a possible -2.56% downside). 41 analyst firms have reported ratings in the last year.
The latest analyst rating for Bumble (NASDAQ:BMBL) was provided by Susquehanna, and Bumble maintained their neutral rating.
The last upgrade for Bumble Inc happened on May 10, 2024 when B of A Securities raised their price target to $14. B of A Securities previously had a neutral for Bumble Inc.
The last downgrade for Bumble Inc happened on September 27, 2024 when Keybanc changed their price target from N/A to N/A for Bumble Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bumble, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bumble was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Bumble (BMBL) rating was a maintained with a price target of $6.00 to $8.00. The current price Bumble (BMBL) is trading at is $8.21, which is out of the analyst’s predicted range.
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