The Goldman Sachs Group Lowers Bumble (NASDAQ:BMBL) Price Target to $3.50

Posted by Brian Himes on Aug 8th, 2026

Bumble (NASDAQ:BMBL – Get Free Report) had its price objective dropped by investment analysts at The Goldman Sachs Group from $5.00 to $3.50 in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage presently has a “neutral” rating on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of 23.67% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Wall Street Zen raised shares of Bumble from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Citigroup decreased their price target on shares of Bumble from $3.90 to $3.60 and set a “neutral” rating on the stock in a research note on Tuesday, May 26th. UBS Group increased their price objective on shares of Bumble from $4.00 to $4.50 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Bumble in a research report on Tuesday. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Bumble in a report on Thursday, June 25th. 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $3.99.

Read Our Latest Analysis on BMBL

Bumble Stock Performance

NASDAQ BMBL opened at $2.83 on Thursday. The firm has a market cap of $367.39 million, a price-to-earnings ratio of -0.67, a price-to-earnings-growth ratio of 0.09 and a beta of 1.87. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.58. The business has a 50-day moving average price of $2.97 and a 200-day moving average price of $3.27. Bumble has a twelve month low of $2.54 and a twelve month high of $7.37.

Bumble (NASDAQ:BMBL – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.84) EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($1.09). Bumble had a positive return on equity of 33.68% and a negative net margin of 58.99%.The business had revenue of $210.53 million during the quarter, compared to analysts’ expectations of $210.46 million. During the same period in the prior year, the firm posted ($2.45) earnings per share. The firm’s revenue for the quarter was down 15.2% on a year-over-year basis. As a group, equities research analysts predict that Bumble will post 1.03 EPS for the current fiscal year.

Insider Activity

In other Bumble news, major shareholder Holdings Gp Man Blackstone III sold 7,477,500 shares of the business’s stock in a transaction that occurred on 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 $73,233.72. The trade was a 99.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ann Mather sold 22,013 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $2.79, for a total value of $61,416.27. Following the sale, the director owned 117,853 shares in the company, valued at approximately $328,809.87. This trade represents a 15.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 29,954,026 shares of company stock worth $113,182,633. 15.35% of the stock is owned by insiders.

Hedge Funds Weigh In On Bumble

Several large investors have recently modified their holdings of BMBL. Cerity Partners LLC raised its position in shares of Bumble by 16.7% in the 2nd quarter. Cerity Partners LLC now owns 19,962 shares of the company’s stock valued at $132,000 after purchasing an additional 2,857 shares during the last quarter. Police & Firemen s Retirement System of New Jersey grew its position in Bumble by 19.8% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 25,822 shares of the company’s stock worth $92,000 after purchasing an additional 4,270 shares during the last quarter. State of Wyoming increased its stake in Bumble by 59.8% during the 4th quarter. State of Wyoming now owns 12,017 shares of the company’s stock valued at $43,000 after purchasing an additional 4,499 shares in the last quarter. Wexford Capital LP acquired a new position in Bumble during the 3rd quarter valued at approximately $31,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of Bumble by 21.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 30,724 shares of the company’s stock worth $187,000 after buying an additional 5,444 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Key Bumble News

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

Bumble Company Profile

(Get Free Report)

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.