Analysts' ratings for Bumble BMBL over the last quarter vary from bullish to bearish, as provided by 19 analysts.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 4 | 11 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 3 | 9 | 0 | 0 |
| 3M Ago | 2 | 1 | 2 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $9.18, a high estimate of $18.00, and a low estimate of $6.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 34.15%.
Investigating Analyst Ratings: An Elaborate Study
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 |
|---|---|---|---|---|---|
| Justin Patterson | Keybanc | Lowers | Overweight | $8.00 | $11.00 |
| Alexandra Steiger | Goldman Sachs | Lowers | Buy | $9.00 | $18.00 |
| Shyam Patil | Susquehanna | Lowers | Neutral | $6.00 | $14.00 |
| Brad Erickson | RBC Capital | Lowers | Outperform | $8.00 | $16.00 |
| Ygal Arounian | Citigroup | Lowers | Neutral | $6.00 | $12.00 |
| Benjamin Black | Deutsche Bank | Lowers | Hold | $7.00 | $11.00 |
| Matt Farrell | Piper Sandler | Lowers | Neutral | $7.00 | $13.00 |
| Ken Gawrelski | Wells Fargo | Lowers | Equal-Weight | $7.00 | $10.00 |
| Nathan Feather | Morgan Stanley | Lowers | Equal-Weight | $6.00 | $12.00 |
| Cory Carpenter | JP Morgan | Lowers | Neutral | $7.00 | $17.00 |
| Shweta Khajuria | Evercore ISI Group | Lowers | In-Line | $8.00 | $18.00 |
| John Egbert | Stifel | Lowers | Hold | $6.50 | $13.00 |
| Curtis Nagle | B of A Securities | Lowers | Buy | $12.00 | $14.00 |
| Justin Patterson | Keybanc | Lowers | Overweight | $11.00 | $16.00 |
| 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 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Bumble. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Bumble compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Bumble's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Bumble's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Bumble analyst ratings.
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Get to Know Bumble Better
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.
Bumble: A Financial Overview
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Bumble's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 3.42%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: Bumble's net margin excels beyond industry benchmarks, reaching 10.2%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 1.68%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Bumble's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.78% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.38.
The Core of Analyst Ratings: What Every Investor Should Know
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.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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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.
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