In the last three months, 10 analysts have published ratings on Bumble BMBL, offering a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 3 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 2 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $14.2, a high estimate of $18.00, and a low estimate of $10.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 8.39%.
Decoding Analyst Ratings: A Detailed Look
The standing of Bumble among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below 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 |
|---|---|---|---|---|---|
| Alexandra Steiger | Goldman Sachs | Raises | Buy | $18.00 | $15.00 |
| Shweta Khajuria | Wolfe Research | Announces | Outperform | $14.00 | - |
| Ygal Arounian | Citigroup | Lowers | Buy | $12.00 | $14.00 |
| Nathan Feather | Morgan Stanley | Lowers | Equal-Weight | $12.00 | $13.00 |
| Ken Gawrelski | Wells Fargo | Announces | Equal-Weight | $10.00 | - |
| Curtis Nagle | B of A Securities | Maintains | Buy | $14.00 | $14.00 |
| Benjamin Black | Deutsche Bank | Lowers | Hold | $13.00 | $15.00 |
| Alexandra Steiger | Goldman Sachs | Lowers | Buy | $15.00 | $18.00 |
| Shweta Khajuria | Evercore ISI Group | Raises | Outperform | $18.00 | $17.00 |
| Justin Patterson | Keybanc | Lowers | Overweight | $16.00 | $18.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Bumble. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Bumble compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Bumble's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Bumble's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Bumble analyst ratings.
If you are interested in following small-cap stock news and performance you can start by tracking it here.
About Bumble
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: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Bumble's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 10.22%. This signifies 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 excels beyond industry benchmarks, reaching 9.19%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Bumble's ROE excels beyond industry benchmarks, reaching 1.52%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Bumble's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.69% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.39, Bumble adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
