Bumble Inc. (BMBL)
NASDAQ: BMBL · IEX Real-Time Price · USD
10.18
-0.06 (-0.59%)
At close: Apr 19, 2024, 4:00 PM
10.29
+0.11 (1.08%)
After-hours: Apr 19, 2024, 7:55 PM EDT
Bumble Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Bumble stock have an average target of 17.07, with a low estimate of 13 and a high estimate of 20.3. The average target predicts an increase of 67.68% from the current stock price of 10.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Bumble stock from 14 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 7 | 8 | 8 | 7 | 7 | 5 |
| Hold | 7 | 7 | 7 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 19 | 17 | 17 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Initiates $16 → $13 | Hold | Initiates | $16 → $13 | +27.70% | Apr 18, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 4, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $17 → $14 | Buy | Maintains | $17 → $14 | +37.52% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $17 → $16 | Hold | Maintains | $17 → $16 | +57.17% | Feb 28, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $14 → $13 | Hold | Reiterates | $14 → $13 | +27.70% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
1.17B
from 1.05B
Increased by 11.61%
Revenue Next Year
1.30B
from 1.17B
Increased by 10.82%
EPS This Year
0.66
from -0.03
EPS Next Year
0.95
from 0.66
Increased by 45.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.2B | 1.4B | 1.5B | 1.8B | 1.8B |
| Avg | 1.2B | 1.3B | 1.4B | 1.7B | 1.7B |
| Low | 1.1B | 1.2B | 1.3B | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.1% | 18.1% | 16.6% | 25.4% | 6.7% |
| Avg | 11.6% | 10.8% | 10.1% | 17.3% | 3.6% |
| Low | 5.8% | 3.7% | 3.7% | 8.4% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.37 | 1.54 | 1.24 |
| Avg | 0.66 | 0.95 | 1.09 |
| Low | 0.44 | 0.59 | 0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 135.6% | 29.9% |
| Avg | - | 45.6% | 13.8% |
| Low | - | -10.3% | -6.5% |
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.