Bumble Inc. (BMBL)

NASDAQ: BMBL · IEX Real-Time Price · USD
9.64
-0.29 (-2.92%)
At close: Jul 2, 2024, 4:00 PM
9.65
+0.01 (0.10%)
After-hours: Jul 2, 2024, 7:53 PM EDT
-2.92%
Market Cap 1.22B
Revenue (ttm) 1.08B
Net Income (ttm) 22.02M
Shares Out 126.20M
EPS (ttm) 0.17
PE Ratio 56.71
Forward PE 10.90
Dividend n/a
Ex-Dividend Date n/a
Volume 3,099,267
Open 9.96
Previous Close 9.93
Day's Range 9.52 - 10.01
52-Week Range 9.52 - 21.06
Beta 1.73
Analysts Buy
Price Target 15.87 (+64.63%)
Earnings Date Aug 6, 2024

About BMBL

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... [Read more]

Sector Technology
IPO Date Feb 11, 2021
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol BMBL
Full Company Profile

Financial Performance

In 2023, Bumble's revenue was $1.05 billion, an increase of 16.42% compared to the previous year's $903.50 million. Losses were -$4.21 million, -94.72% less than in 2022.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for BMBL stock is "Buy." The 12-month stock price forecast is $15.87, which is an increase of 64.63% from the latest price.

Price Target
$15.87
(64.63% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bumble Inc. Appoints Elizabeth Monteleone as Chief Legal Officer

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc., the parent company of Bumble, Bumble for Friends, Badoo, Fruitz and Official, has today announced that Elizabeth Monteleone has been promoted to Chief Lega...

15 days ago - Business Wire

Very bad news for Bumble and Match Group stocks

Dating apps are in trouble. Bumble (NASDAQ: BMBL) stock price has collapsed by over 22% in 2024 and by over 86% from its all-time high.

Other symbols: MTCH
5 weeks ago - Invezz

Bumble buys community building app Geneva to expand further into friendships

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its focus from “one-to-on...

6 weeks ago - TechCrunch

Bumble Inc. Signs Agreement to Acquire Group and Community App Geneva

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL), today announced its intention to acquire Geneva, the group and community app for people to connect based on shared interests. Bumble Inc. wa...

6 weeks ago - Business Wire

'Unbelievably insulting': Bumble apologises for billboard ad campaign

Bumble has apologised after it appeared to make fun of celibate women in a new advertising campaign.

6 weeks ago - Skynews

Bumble stumbles, apologizes for ads sneering at celibacy as an alternative to dating

SAN FRANCISCO — The dating app Bumble got stung after running billboard ads that appeared to sneer at celibacy as an alternative to meeting people online.

7 weeks ago - Market Watch

Bumble Is Removing Anti-Celibacy Ads Following Backlash

The company was accused online of undermining daters' freedom of choice.

7 weeks ago - WSJ

How Bumble Will Use AI to Create Healthier Relationships

Whitney Wolfe Herd, founder and executive chair of Bumble, explains how the company will harness artificial intelligence to create "more healthy and equitable relationships." She speaks with Emily Cha...

7 weeks ago - Bloomberg Markets and Finance

Bumble app relaunch aims to turn growth story around: Analyst

Bumble (BMBL) released first quarter earnings, reporting a beat on the top and bottom lines. Amid pressure faced by dating app stocks, Citi's US Internet Analyst Ygal Arounian, joins the Morning Brief...

7 weeks ago - Yahoo Finance

Bumble says it's looking to M&A to drive growth

Dating apps and other social friend-finders are being put on notice: Dating app giant Bumble is looking to make more acquisitions. The company said during its first-quarter earnings call on Wednesday ...

7 weeks ago - TechCrunch

Bumble beats first-quarter revenue estimates, shares surge

Bumble beat Wall Street estimates for first-quarter revenue on Wednesday, a sign that its push for attracting payers at its dating apps is paying off.

7 weeks ago - Reuters

Bumble Inc. Announces First Quarter 2024 Results

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today reported financial results for the first quarter ended March 31, 2024. “We delivered solid Q1 financial results while making great prog...

7 weeks ago - Business Wire

Bumble Inc. to Participate in Upcoming Investor Conferences

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that management will participate at the following investor conferences: J.P. Morgan Global Technology, Media and Communicatio...

2 months ago - Business Wire

Bumble Tells Women They No Longer Have to Make the First Move

As dissatisfaction with online dating grows, the app that put women in control is shifting course.

2 months ago - NYTimes

Bumble Gives Women More Choice to Make the First Move

AUSTIN, Texas--(BUSINESS WIRE)-- #Bumble--Bumble is introducing Opening Moves to give women more choice in how they connect, ways to find compatible matches faster & a fresh, new app design.

2 months ago - Business Wire

Bumble Inc. to Announce First Quarter 2024 Financial Results on May 8, 2024

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that it will report financial results for the first quarter ending March 31, 2024, following the close of market on Wednesday...

2 months ago - Business Wire

Bumble founder Whitney Wolfe Herd wins men's bracket in $1M March Madness competition, picking 43 of 63 games

Whitney Wolfe Herd, the millionaire founder of dating app Bumble, won the top prize for Bloomberg's men's March Madness charity challenge by impressively picking 43 of 63 games accurately. Her bracket...

2 months ago - New York Post

Bumble reducing its workforce by 37%

Bumble is giving 350 of its workers the ax, the dating app company said on Tuesday. Impacted workers started receiving notification on Wednesday.

4 months ago - Fox Business

Bumble Inc. to Participate in Morgan Stanley Technology, Media & Telecom Conference

AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that management will participate at the following investor conference: Morgan Stanley Technology, Media & Telecom Conference ...

4 months ago - Business Wire

Bumble laying off 350 workers, 30% of dating app's workforce

Bumble announced plans to lay off 350 employers on Tuesday, reducing its headcount by 30% as part of a larger restructuring plan.

4 months ago - New York Post

Bumble slumps as CEO signals need for app revamp after poor earnings

Bumble shares slumped about 10% on Wednesday after its downbeat quarterly revenue forecast underscored the need for a revamp of the dating-app experience to attract newer generations seeking companion...

4 months ago - Reuters

Dating app Bumble to lay off about 37% of workforce as it looks to drive growth

Online-dating company Bumble Inc. will lay off approximately 350 workers — about 37% of its workforce — as part of a restructuring plan.

4 months ago - Market Watch

Bumble cuts ~350 employees as dating apps face a reckoning

Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue.

4 months ago - TechCrunch

Bumble to lay off 350 employees, or about 37% of its workforce

Bumble announced plans to lay off around 350 employees in its fourth-quarter report Tuesday.

4 months ago - CNBC

Bumble forecasts first-quarter revenue below estimates

Bumble on Tuesday forecast first-quarter revenue below Wall Street estimates, anticipating stiff competition from Tinder-parent Match Group amid slowing user spend on dating apps in an uncertain econo...

4 months ago - Reuters