Bumble (BMBL) to Release Earnings on Wednesday

by · The Cerbat Gem

Bumble (NASDAQ:BMBLGet Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $246.68 million for the quarter.

Bumble Price Performance

BMBL traded down $0.11 during midday trading on Monday, hitting $4.56. The company had a trading volume of 1,043,354 shares, compared to its average volume of 3,106,092. Bumble has a twelve month low of $3.55 and a twelve month high of $12.49. The firm’s 50-day simple moving average is $4.48 and its 200-day simple moving average is $6.68. The company has a market capitalization of $480.76 million, a PE ratio of -0.93 and a beta of 1.77. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.09 and a current ratio of 2.09.

Analysts Set New Price Targets

Several research analysts recently weighed in on BMBL shares. Susquehanna dropped their price objective on shares of Bumble from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. Citigroup cut their price target on Bumble from $6.80 to $4.80 and set a “neutral” rating on the stock in a research note on Friday, April 25th. Royal Bank of Canada lowered their price objective on Bumble from $8.00 to $7.00 and set an “outperform” rating for the company in a research report on Wednesday, February 19th. Wells Fargo & Company cut their target price on shares of Bumble from $7.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 9th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Bumble from $8.00 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $6.82.

Check Out Our Latest Report on BMBL

Bumble Company Profile

(Get Free Report)

Bumble Inc provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products. The company operates apps, including Bumble, a dating app built with women at the center, where women make the first move; Badoo, the web and mobile free-to-use dating app; Official app where users connect their profile with that of their partner enabling a shared, linked product experience; Bumble BFF and Bumble Bizz Modes that have a format similar to the date mode requiring users to set up profiles and matching users through yes and no votes, similar to the dating platform; and Bumble for Friends, a friendship app where people in all stages of life can meet people nearby and create meaningful platonic connections, as well as Fruitz app is centered around encouraging honesty and transparency by sharing dating intentions from the first touch point.

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