Bumble Inc. Expected to Earn Q1 2025 Earnings of $0.10 Per Share (NASDAQ:BMBL)

Bumble Inc. (NASDAQ:BMBL) – Equities research analysts at KeyCorp issued their Q1 2025 earnings estimates for Bumble in a research report issued on Friday, September 27th. KeyCorp analyst J. Patterson forecasts that the company will post earnings of $0.10 per share for the quarter. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Bumble’s current full-year earnings is $0.83 per share.

A number of other equities research analysts also recently weighed in on BMBL. Bank of America downgraded Bumble from a “buy” rating to an “underperform” rating and lowered their price target for the company from $12.00 to $5.50 in a report on Thursday, August 8th. Evercore ISI lowered shares of Bumble from an “outperform” rating to an “inline” rating and decreased their target price for the company from $18.00 to $8.00 in a research report on Thursday, August 8th. Hsbc Global Res cut Bumble from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 9th. Royal Bank of Canada dropped their target price on shares of Bumble from $16.00 to $8.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Finally, Stifel Nicolaus downgraded shares of Bumble from a “buy” rating to a “hold” rating and reduced their price target for the company from $13.00 to $6.50 in a research report on Thursday, August 8th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8.50.

Bumble Trading Down 0.2 %

Shares of NASDAQ BMBL opened at $6.43 on Monday. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.45. The stock’s 50 day moving average price is $7.00 and its two-hundred day moving average price is $9.37. Bumble has a 52-week low of $4.80 and a 52-week high of $15.90. The stock has a market capitalization of $811.46 million, a P/E ratio of 37.82 and a beta of 1.66.

Bumble (NASDAQ:BMBL) last released its earnings results on Wednesday, August 7th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.07. Bumble had a net margin of 3.93% and a return on equity of 1.82%. The company had revenue of $268.60 million during the quarter, compared to the consensus estimate of $273.04 million. During the same quarter in the previous year, the firm earned $0.05 EPS. The company’s revenue was up 3.4% on a year-over-year basis.

Institutional Trading of Bumble

A number of institutional investors have recently bought and sold shares of BMBL. ProShare Advisors LLC boosted its holdings in Bumble by 8.5% in the first quarter. ProShare Advisors LLC now owns 18,192 shares of the company’s stock worth $206,000 after purchasing an additional 1,430 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Bumble by 6.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 64,626 shares of the company’s stock worth $734,000 after acquiring an additional 3,683 shares during the last quarter. Ensign Peak Advisors Inc raised its stake in Bumble by 9.1% during the 2nd quarter. Ensign Peak Advisors Inc now owns 57,349 shares of the company’s stock valued at $603,000 after purchasing an additional 4,800 shares during the last quarter. Moody National Bank Trust Division boosted its holdings in Bumble by 7.8% in the 1st quarter. Moody National Bank Trust Division now owns 67,894 shares of the company’s stock valued at $771,000 after purchasing an additional 4,887 shares during the period. Finally, Innealta Capital LLC bought a new stake in Bumble in the 2nd quarter valued at $64,000. Institutional investors and hedge funds own 94.85% of the company’s stock.

About Bumble

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 have a format similar to the date mode requiring users to set up profiles and matching users through yes and no votes, similar to the dating platform; and Bumble for Friends, a friendship app where people in all stages of life can meet people nearby and create meaningful platonic connections, as well as Fruitz app is centered around encouraging honesty and transparency by sharing dating intentions from the first touch point.