Bumble (NASDAQ:BMBL) Stock Rating Lowered by Wall Street Zen

Bumble (NASDAQ:BMBL) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

BMBL has been the topic of a number of other research reports. Wells Fargo & Company dropped their target price on shares of Bumble from $5.00 to $4.00 and set an “equal weight” rating on the stock in a research report on Friday. Royal Bank Of Canada reduced their price target on shares of Bumble from $5.00 to $4.00 and set a “sector perform” rating for the company in a report on Friday. Raymond James Financial reaffirmed a “market perform” rating on shares of Bumble in a research note on Thursday, June 25th. Citigroup dropped their price objective on shares of Bumble from $3.90 to $3.60 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Bumble in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Bumble currently has an average rating of “Reduce” and a consensus price target of $3.99.

Bumble Price Performance

Shares of Bumble stock opened at $2.83 on Friday. Bumble has a one year low of $2.54 and a one year high of $7.37. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.22 and a quick ratio of 1.22. The stock’s 50-day moving average is $2.97 and its 200 day moving average is $3.26. The firm has a market cap of $367.39 million, a price-to-earnings ratio of -0.67, a PEG ratio of 0.09 and a beta of 1.87.

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

Insider Activity

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,500 shares of Bumble 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 completion of the transaction, the insider directly owned 19,374 shares in the company, valued at $73,233.72. This trade represents a 99.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder – Nq L.L.C. Btoa sold 7,477,500 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was 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. In the last 90 days, insiders have sold 29,954,026 shares of company stock valued at $113,182,633. 15.35% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Bumble

A number of hedge funds have recently added to or reduced their stakes in BMBL. Saba Capital Management L.P. grew its position in Bumble by 52.6% in the 4th quarter. Saba Capital Management L.P. now owns 5,337,549 shares of the company’s stock worth $19,055,000 after purchasing an additional 1,838,923 shares in the last quarter. Renaissance Technologies LLC increased its stake in Bumble by 48.6% in the 1st quarter. Renaissance Technologies LLC now owns 4,213,887 shares of the company’s stock valued at $13,737,000 after buying an additional 1,378,487 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of Bumble during the 4th quarter worth approximately $3,516,000. Cubist Systematic Strategies LLC lifted its position in shares of Bumble by 3,714.4% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 923,093 shares of the company’s stock worth $6,083,000 after buying an additional 898,893 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of Bumble by 137.7% in the 3rd quarter. Barclays PLC now owns 1,380,934 shares of the company’s stock worth $8,410,000 after buying an additional 799,947 shares during the last quarter. Institutional investors and hedge funds own 94.85% of the company’s stock.

Trending Headlines about Bumble

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

About Bumble

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.