Bumble Inc (NASDAQ:BMBL) price on current trading day, rose 1.60% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.77.
A look at the stock’s price movement, the level at last check in today’s session was $4.69, moving within a range at $4.6 and $4.78. The beta value (5-Year monthly) was 1.774. Turning to its 52-week performance, $12.49 and $4.57 were the 52-week high and 52-week low respectively. Overall, BMBL moved -15.59% over the past month.
Bumble Inc’s market cap currently stands at around $502.94 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-17.
Analysts have a consensus estimate of 246.62M for the company’s revenue for the quarter, with a low and high estimate of 244.7M and 256.5M respectively. The average forecast suggests down to a -7.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 984.72M, representing a -8.11% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BMBL is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
12 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 8 recommend BMBL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BMBL’s current price about -4.07% and -28.84% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.21, while 7-day volatility ratio is 5.26% and 6.36% in the 30-day chart. Further, Bumble Inc (BMBL) has a beta value of 1.75, and an average true range (ATR) of 0.33. Analysts have given the company’s stock an average 52-week price target of $6, forecast between a low of $5 and high of $7. Looking at the price targets, the low is -4.82% off recent price level in today’s trading while to achieve the yearly target high, it has to move -46.75%. Nonetheless, investors will most likely welcome a -25.79% jump to $6 which is the analysts’ median price.
If we refocus on Bumble Inc (NASDAQ:BMBL), historical trading data shows that trading volumes averaged 3.73 over the past 10 days and 3.20 million over the past 3 months. The company’s latest data on shares outstanding shows there are 107.11 million shares.
The 32.05% of Bumble Inc’s shares are in the hands of company insiders while institutional holders own 72.46% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.94 million on 2025-02-28, giving us a short ratio of 3.34. The data shows that as of 2025-02-28 short interest in Bumble Inc (BMBL) stood at 1734.9999999999998 of shares outstanding, with shares short rising to 10.49 million registered in 2025-01-31. Current price change has pushed the stock -41.46% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BMBL stock continues to rise going into the next quarter.
