Bumble Inc. (BMBL)
| Market Cap | 2.11B |
| Revenue (ttm) | 1.08B |
| Net Income (ttm) | 22.02M |
| Shares Out | 172.44M |
| EPS (ttm) | 0.17 |
| PE Ratio | 72.35 |
| Forward PE | 14.89 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 940,782 |
| Open | 12.24 |
| Previous Close | 12.30 |
| Day's Range | 12.19 - 12.49 |
| 52-Week Range | 9.83 - 21.06 |
| Beta | 1.68 |
| Analysts | Buy |
| Price Target | 15.87 (+30.08%) |
| Earnings Date | May 8, 2024 |
About BMBL
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... [Read more]
Financial Performance
In 2023, Bumble's revenue was $1.05 billion, an increase of 16.42% compared to the previous year's $903.50 million. Losses were -$4.21 million, -94.72% less than in 2022.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for BMBL stock is "Buy." The 12-month stock price forecast is $15.87, which is an increase of 30.08% from the latest price.
News
Bumble buys community building app Geneva to expand further into friendships
Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its focus from “one-to-on...
Bumble Inc. Signs Agreement to Acquire Group and Community App Geneva
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL), today announced its intention to acquire Geneva, the group and community app for people to connect based on shared interests. Bumble Inc. wa...
'Unbelievably insulting': Bumble apologises for billboard ad campaign
Bumble has apologised after it appeared to make fun of celibate women in a new advertising campaign.
Bumble stumbles, apologizes for ads sneering at celibacy as an alternative to dating
SAN FRANCISCO — The dating app Bumble got stung after running billboard ads that appeared to sneer at celibacy as an alternative to meeting people online.
Bumble Is Removing Anti-Celibacy Ads Following Backlash
The company was accused online of undermining daters' freedom of choice.
How Bumble Will Use AI to Create Healthier Relationships
Whitney Wolfe Herd, founder and executive chair of Bumble, explains how the company will harness artificial intelligence to create "more healthy and equitable relationships." She speaks with Emily Cha...
Bumble app relaunch aims to turn growth story around: Analyst
Bumble (BMBL) released first quarter earnings, reporting a beat on the top and bottom lines. Amid pressure faced by dating app stocks, Citi's US Internet Analyst Ygal Arounian, joins the Morning Brief...
Bumble says it's looking to M&A to drive growth
Dating apps and other social friend-finders are being put on notice: Dating app giant Bumble is looking to make more acquisitions. The company said during its first-quarter earnings call on Wednesday ...
Bumble beats first-quarter revenue estimates, shares surge
Bumble beat Wall Street estimates for first-quarter revenue on Wednesday, a sign that its push for attracting payers at its dating apps is paying off.
Bumble Inc. Announces First Quarter 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today reported financial results for the first quarter ended March 31, 2024. “We delivered solid Q1 financial results while making great prog...
Bumble Inc. to Participate in Upcoming Investor Conferences
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that management will participate at the following investor conferences: J.P. Morgan Global Technology, Media and Communicatio...
Bumble Tells Women They No Longer Have to Make the First Move
As dissatisfaction with online dating grows, the app that put women in control is shifting course.
Bumble Gives Women More Choice to Make the First Move
AUSTIN, Texas--(BUSINESS WIRE)-- #Bumble--Bumble is introducing Opening Moves to give women more choice in how they connect, ways to find compatible matches faster & a fresh, new app design.
Bumble Inc. to Announce First Quarter 2024 Financial Results on May 8, 2024
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that it will report financial results for the first quarter ending March 31, 2024, following the close of market on Wednesday...
Bumble founder Whitney Wolfe Herd wins men's bracket in $1M March Madness competition, picking 43 of 63 games
Whitney Wolfe Herd, the millionaire founder of dating app Bumble, won the top prize for Bloomberg's men's March Madness charity challenge by impressively picking 43 of 63 games accurately. Her bracket...
Bumble reducing its workforce by 37%
Bumble is giving 350 of its workers the ax, the dating app company said on Tuesday. Impacted workers started receiving notification on Wednesday.
Bumble Inc. to Participate in Morgan Stanley Technology, Media & Telecom Conference
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced that management will participate at the following investor conference: Morgan Stanley Technology, Media & Telecom Conference ...
Bumble laying off 350 workers, 30% of dating app's workforce
Bumble announced plans to lay off 350 employers on Tuesday, reducing its headcount by 30% as part of a larger restructuring plan.
Bumble slumps as CEO signals need for app revamp after poor earnings
Bumble shares slumped about 10% on Wednesday after its downbeat quarterly revenue forecast underscored the need for a revamp of the dating-app experience to attract newer generations seeking companion...
Dating app Bumble to lay off about 37% of workforce as it looks to drive growth
Online-dating company Bumble Inc. will lay off approximately 350 workers — about 37% of its workforce — as part of a restructuring plan.
Bumble cuts ~350 employees as dating apps face a reckoning
Bumble, a once-powerful force in online dating, is facing a reckoning. The company posted weak Q4 2023 results today showing a $32 million net loss and $273.6 million in revenue.
Bumble to lay off 350 employees, or about 37% of its workforce
Bumble announced plans to lay off around 350 employees in its fourth-quarter report Tuesday.
Bumble forecasts first-quarter revenue below estimates
Bumble on Tuesday forecast first-quarter revenue below Wall Street estimates, anticipating stiff competition from Tinder-parent Match Group amid slowing user spend on dating apps in an uncertain econo...
Bumble Inc. Announces Fourth Quarter and Full Year 2023 Results
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today reported financial results for the fourth quarter and full year ended December 31, 2023. “Today, we announced solid full-year results a...
Bumble Inc. Transforms Executive Leadership Team, Setting the Stage for the Next Chapter of Growth
AUSTIN, Texas--(BUSINESS WIRE)--Bumble Inc. (NASDAQ: BMBL) today announced the transformation of the company's executive leadership team with the appointment of four seasoned executives to enable and ...