Bumble Inc. (BMBL)
NASDAQ: BMBL · IEX Real-Time Price · USD
8.82
-0.22 (-2.43%)
At close: Jul 19, 2024, 4:00 PM
8.88
+0.06 (0.68%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
Bumble Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Bumble stock have an average target of 14.49, with a low estimate of 10 and a high estimate of 20.3. The average target predicts an increase of 64.29% from the current stock price of 8.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Bumble stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 4 | 4 | 5 |
| Buy | 7 | 7 | 5 | 6 | 6 | 5 |
| Hold | 6 | 6 | 6 | 5 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 14 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Buy Initiates $14 | Buy | Initiates | $14 | +58.73% | Jul 16, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $14 → $12 | Strong Buy | Maintains | $14 → $12 | +36.05% | Jul 15, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +36.05% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $10 | Buy → Hold | Downgrades | $10 | +13.38% | Jul 8, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $14 | Hold → Strong Buy | Upgrades | $14 | +58.73% | May 10, 2024 |
Financial Forecast
Revenue This Year
1.17B
from 1.05B
Increased by 11.04%
Revenue Next Year
1.29B
from 1.17B
Increased by 10.62%
EPS This Year
0.87
from -0.03
EPS Next Year
1.09
from 0.87
Increased by 24.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.4B | 1.5B | 1.6B | 1.7B |
| Avg | 1.2B | 1.3B | 1.4B | 1.5B | 1.7B |
| Low | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.4% | 16.1% | 15.4% | 13.1% | 13.3% |
| Avg | 11.0% | 10.6% | 9.7% | 7.7% | 8.8% |
| Low | 5.6% | 4.4% | 2.9% | 1.0% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.45 | 1.66 | 1.96 |
| Avg | 0.87 | 1.09 | 1.26 |
| Low | 0.56 | 0.63 | 0.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 90.5% | 81.0% |
| Avg | - | 24.6% | 16.0% |
| Low | - | -28.0% | -19.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.