Bumble Q4 Ahead: Stock Strength, Analyst Doubts, CEO Shakeup

Bumble Inc BMBL will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 19 cents in EPS and $260.47 million in revenues as the company reports after market hours.

The stock is down 36.30% over the past year, up 6.15% YTD.

Bumble’s Leadership Shakeup

Bumble's upcoming fourth-quarter earnings come amid a major leadership shakeup, with founder Whitney Wolfe Herd set to return as CEO in March 2025. The transition follows the resignation of Lidiane Jones, who will remain in the role until then.

Investors will be watching closely to see how this leadership change impacts Bumble's strategy, especially as the company navigates an increasingly competitive dating app market.

Let’s look at what the charts indicate for Bumble stock and how the stock currently maps against Wall Street estimates.

Read Also: Match Group, Bumble’s Growth Stalls: Analyst Warns Of Challenging 2025

Bumble Stock Strongly Bullish Ahead Of Q4 Earnings

Bumble stock is exhibiting a strongly bullish trend, with its share price of $8.46 trading above its five-day, 20-day and 50-day exponential moving averages (EMA). This momentum suggests slight buying pressure and the potential for continued upside movement.

Chart created using Benzinga Pro

Additionally, the stock is above its eight-day simple moving average (SMA) of $8.41, its 20-day SMA of $8.12 and its 50-day SMA of $8.10, reinforcing the bullish outlook in both the short and medium term.

Further strengthening the case for optimism, Bumble's share price is also above its 200-day SMA of $8.40, indicating a positive longer-term trend. The Moving Average Convergence Divergence (MACD) indicator sits at 0.14, further supporting a bullish stance. Meanwhile, the Relative Strength Index (RSI) stands at 56.33, suggesting that while Bumble stock has room to run, it is not yet in overbought territory.

If the stock maintains its position above key moving averages, it could signal continued strength, but failure to hold these levels may lead to consolidation or a pullback.

Bumble Analysts See 10% Downside

Ratings & Consensus Estimates: The consensus analyst rating on Bumble stock stands at Neutral with a price target of $16.24. Morgan Stanley, Susquehanna and Stifel’s latest ratings indicate a 10.23% downside for Bumble stock with a $7.67 average price target.

BMBL Stock Price Action: Bumble stock was down 2.6% at $8.24 at the time of publication Tuesday.

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