Bumble (NASDAQ:BMBL) Price Target Cut to $4.00 by Analysts at Royal Bank Of Canada

Bumble (NASDAQ:BMBL) had its target price cut by Royal Bank Of Canada from $5.00 to $4.00 in a research note released on Friday,Benzinga reports. They currently have a sector perform rating on the stock.

Several other analysts also recently weighed in on BMBL. Citigroup decreased their price objective on Bumble from $3.90 to $3.60 and set a “neutral” rating for the company in a report on Tuesday, May 26th. UBS Group raised their target price on shares of Bumble from $4.00 to $4.50 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Bumble in a report on Tuesday. Raymond James Financial reaffirmed a “market perform” rating on shares of Bumble in a research report on Thursday, June 25th. Finally, Susquehanna dropped their price objective on shares of Bumble from $3.50 to $3.00 and set a “neutral” rating on the stock in a research note on Friday. One investment analyst has rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $3.99.

Bumble Stock Down 0.7%

Shares of NASDAQ:BMBL opened at $2.83 on Friday. The business’s 50 day moving average is $2.97 and its 200 day moving average is $3.27. The stock has a market cap of $367.39 million, a P/E ratio of -0.67, a price-to-earnings-growth ratio of 0.09 and a beta of 1.87. Bumble has a 52-week low of $2.54 and a 52-week high of $7.37. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.58.

Bumble (NASDAQ:BMBL) last issued its earnings results on Wednesday, August 5th. The company reported ($0.84) earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($1.09). Bumble had a negative net margin of 58.99% and a positive return on equity of 33.68%. The firm had revenue of $210.53 million for the quarter, compared to the consensus estimate of $210.46 million. During the same period last year, the firm earned ($2.45) earnings per share. The company’s revenue for the quarter was down 15.2% on a year-over-year basis. Sell-side analysts predict that Bumble will post 1.03 EPS for the current year.

Insider Activity at Bumble

In other Bumble news, major shareholder Holdings Gp Man Blackstone III sold 7,477,500 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $3.78, for a total value of $28,264,950.00. Following the completion of the transaction, the insider directly owned 19,374 shares in the company, valued at approximately $73,233.72. The trade was a 99.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Buzz Holdings L.P. Bcp sold 7,477,500 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $3.78, for a total transaction of $28,264,950.00. Following the sale, the insider directly owned 19,374 shares of the company’s stock, valued at approximately $73,233.72. The trade was a 99.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,954,026 shares of company stock valued at $113,182,633 over the last 90 days. Company insiders own 15.35% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in Bumble in the second quarter valued at approximately $1,035,000. Ramsey Quantitative Systems acquired a new position in shares of Bumble during the second quarter valued at about $92,000. 180 Wealth Advisors LLC raised its holdings in shares of Bumble by 7.2% in the second quarter. 180 Wealth Advisors LLC now owns 95,699 shares of the company’s stock worth $306,000 after buying an additional 6,455 shares during the last quarter. Pacer Advisors Inc. purchased a new position in Bumble in the 1st quarter worth $2,039,000. Finally, Essential Partners LLC lifted its holdings in shares of Bumble by 672.0% during the first quarter. Essential Partners LLC now owns 20,582 shares of the company’s stock worth $67,000 after purchasing an additional 17,916 shares during the period. Institutional investors own 94.85% of the company’s stock.

Bumble News Summary

Here are the key news stories impacting Bumble this week:

• Positive Sentiment: Bumble’s second-quarter adjusted earnings reportedly exceeded Wall Street expectations, with earnings of $0.45 per share versus the $0.25 consensus estimate. Revenue was approximately $210.5 million, broadly matching forecasts. Bumble Inc. Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company is promoting its newer Plans app, which is designed to facilitate low-pressure, in-person group meetups. Early traction and a shift away from traditional swiping could help Bumble attract younger users and diversify engagement over time. Bumble teases a swipe-free future as it doubles down on IRL meetups
• Neutral Sentiment: Royal Bank of Canada lowered its price target from $5.00 to $4.00 while maintaining a “sector perform” rating. Wells Fargo also reduced its target to $4.00 and kept an “equal weight” rating, indicating analysts see upside but remain cautious. Benzinga analyst updates
• Negative Sentiment: Bumble forecast third-quarter revenue of $205 million to $213 million, reflecting continued growth concerns. Management expects marketing investment to support user acquisition, with an approximately 28% adjusted EBITDA margin midpoint. Bumble Q3 revenue outlook
• Negative Sentiment: Reuters reported that Bumble’s paying-user base declined, contributing to a downbeat quarterly revenue forecast. The company’s revenue also fell year over year, intensifying concerns about competition, user monetization and the effectiveness of its turnaround strategy. Bumble forecasts downbeat quarterly revenue as paying users drop
• Negative Sentiment: Susquehanna cut its target from $3.50 to $3.00 and Goldman Sachs reduced its target from $5.00 to $3.50; both firms rated the stock “neutral.” The broad wave of target reductions is likely weighing on investor sentiment. Benzinga analyst updates

Bumble Company Profile

Bumble Inc operates a technology platform designed to facilitate social and professional connections through its suite of apps, most notably the flagship Bumble dating app. The company’s core premise is to empower users—particularly women—to make the first move, helping to reshape traditional dating dynamics. In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”

Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.