Bumble (NASDAQ:BMBL) Given New $3.30 Price Target at Bank of America

Bumble (NASDAQ:BMBL) had its target price decreased by Bank of America from $3.50 to $3.30 in a research report released on Thursday,Benzinga reports. Bank of America currently has an underperform rating on the stock.

Other research analysts have also issued reports about the company. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $5.00 price objective on shares of Bumble in a research report on Thursday. Zacks Research raised Bumble from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Jefferies Financial Group lowered their price target on Bumble from $5.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, December 11th. Citigroup raised their price objective on Bumble from $3.80 to $3.90 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $4.00 price objective on shares of Bumble in a report on Tuesday, January 20th. Fourteen investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $4.41.

Bumble Price Performance

Shares of BMBL stock opened at $3.81 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 3.55 and a quick ratio of 3.55. The company has a market capitalization of $429.54 million, a PE ratio of -0.63, a price-to-earnings-growth ratio of 0.10 and a beta of 1.96. The firm’s 50-day moving average is $3.26 and its two-hundred day moving average is $4.41. Bumble has a 12 month low of $2.61 and a 12 month high of $8.64.

Bumble (NASDAQ:BMBL) last posted its quarterly earnings results on Wednesday, March 11th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.79. The business had revenue of $224.17 million during the quarter, compared to analysts’ expectations of $221.45 million. Bumble had a negative net margin of 72.74% and a positive return on equity of 22.13%. The business’s revenue for the quarter was down 14.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.17 EPS. Analysts predict that Bumble will post 4.19 earnings per share for the current year.

Hedge Funds Weigh In On Bumble

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BMBL. Royal Bank of Canada grew its stake in shares of Bumble by 409.3% in the first quarter. Royal Bank of Canada now owns 325,121 shares of the company’s stock worth $1,410,000 after acquiring an additional 261,281 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Bumble in the first quarter valued at $117,000. Savant Capital LLC purchased a new position in Bumble in the second quarter valued at $75,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Bumble in the second quarter valued at $504,000. Finally, Campbell & CO Investment Adviser LLC grew its stake in Bumble by 157.7% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 92,548 shares of the company’s stock worth $610,000 after purchasing an additional 56,640 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Bumble News Summary

Here are the key news stories impacting Bumble this week:

• Positive Sentiment: Q4 beat and stronger guidance — Bumble reported EPS $1.07 vs. ~$0.28 expected and revenue $224.2M vs. ~$221.5M, and issued Q1 revenue guidance roughly in line-to‑slightly above consensus, which helped lift sentiment. Bumble posts quarterly revenue above estimates (Reuters)
• Positive Sentiment: AI product launch — Bumble unveiled “Bee,” an AI dating assistant to personalize matches and messaging; investors view this as a catalyst to win back younger users and boost engagement/monetization. Bumble to launch an AI dating assistant, ‘Bee’ (TechCrunch)
• Positive Sentiment: Early signs of user stabilization and product roadmap — Management highlighted stabilizing user trends and a planned tech‑stack relaunch (targeted Q2) aimed at margin expansion and product improvements. Tech-stack relaunch & margin commentary (Seeking Alpha)
• Positive Sentiment: Market positioning and investor flow — Unusually large call buying and heavy trading volume suggest speculative/positive positioning into the news; several firms moved to neutral/upgrade views or nudged price targets higher (JPMorgan, Morgan Stanley, Citi). Shares jump on revenue beat (Proactive Investors)
• Neutral Sentiment: Analyst mix — Some firms reaffirmed “hold/sector perform” with mid‑range price targets ($4–$5), reflecting cautious optimism but not full conviction. Analyst notes (Benzinga)
• Neutral Sentiment: Short‑interest reporting appears anomalous in the public feeds (entries show 0 shares); treat these data points with caution until exchanges confirm.
• Negative Sentiment: Underlying fundamentals still weak — Revenue was down ~14% YoY and the company reported a negative net margin; the turnaround depends on execution of the AI/product relaunch. Earnings release & metrics (MarketBeat)
• Negative Sentiment: Analyst downgrades / target cuts — Some analysts cut forecasts or lowered targets after the print (Bank of America cut its price target and kept an underperform view), indicating lingering skepticism. Analysts cut forecasts (Benzinga)

About Bumble

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.