Bumble (NASDAQ:BMBL) Given New $4.50 Price Target at Susquehanna

Bumble (NASDAQ:BMBL) had its price objective reduced by equities research analysts at Susquehanna from $7.00 to $4.50 in a report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Susquehanna’s price target suggests a potential upside of 5.63% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. The Goldman Sachs Group cut their price target on Bumble from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday. UBS Group boosted their price objective on shares of Bumble from $6.00 to $7.50 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Wells Fargo & Company cut their price objective on shares of Bumble from $7.00 to $5.50 and set an “equal weight” rating for the company in a research report on Thursday. Morgan Stanley raised their target price on shares of Bumble from $5.50 to $6.00 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Finally, Royal Bank Of Canada downgraded shares of Bumble from a “moderate buy” rating to a “hold” rating and lowered their target price for the company from $7.50 to $5.00 in a report on Thursday. Twelve research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Bumble currently has an average rating of “Reduce” and a consensus target price of $5.58.

Bumble Price Performance

Shares of BMBL opened at $4.26 on Monday. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.30 and a quick ratio of 3.30. Bumble has a 1-year low of $3.55 and a 1-year high of $9.22. The stock has a market cap of $443.08 million, a PE ratio of 3.80, a price-to-earnings-growth ratio of 0.10 and a beta of 1.93. The firm has a fifty day moving average price of $5.99 and a 200 day moving average price of $6.07.

Bumble (NASDAQ:BMBL) last posted its earnings results on Wednesday, November 5th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06). The firm had revenue of $246.16 million during the quarter, compared to analysts’ expectations of $244.19 million. Bumble had a negative net margin of 19.82% and a positive return on equity of 10.42%. The firm’s revenue for the quarter was down 10.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($5.11) earnings per share. Bumble has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Bumble will post 4.19 EPS for the current year.

Insider Buying and Selling at Bumble

In related news, major shareholder – Nq L.L.C. Btoa sold 16,689,884 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $6.26, for a total transaction of $104,478,673.84. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 16,689,884 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $6.26, for a total transaction of $104,478,673.84. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 68,127,359 shares of company stock worth $426,476,076. Company insiders own 15.84% of the company’s stock.

Institutional Investors Weigh In On Bumble

A number of institutional investors and hedge funds have recently modified their holdings of BMBL. Jupiter Asset Management Ltd. acquired a new position in Bumble during the third quarter worth $3,570,000. Vanguard Group Inc. increased its position in shares of Bumble by 52.0% in the third quarter. Vanguard Group Inc. now owns 11,164,004 shares of the company’s stock valued at $67,989,000 after buying an additional 3,820,205 shares in the last quarter. LSV Asset Management acquired a new position in shares of Bumble during the 3rd quarter worth $290,000. Envestnet Asset Management Inc. acquired a new position in shares of Bumble during the 3rd quarter worth $65,000. Finally, Arizona State Retirement System boosted its position in shares of Bumble by 14.4% in the 3rd quarter. Arizona State Retirement System now owns 26,419 shares of the company’s stock worth $161,000 after buying an additional 3,317 shares in the last quarter. 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.