Latest news with #BMBL
Wall Street Journal
06-08-2025
- Business
- Wall Street Journal
Bumble Logs Lower Second-Quarter Sales Amid Decline in Paying Users
Bumble BMBL 1.32%increase; green up pointing triangle logged lower sales in its latest quarter as fewer users paid for the online dating company's apps. The Austin, Texas company on Wednesday posted a loss of $367 million for the second quarter, or $2.45 a share, compared with a profit of $37.7 million, or 22 cents a share, a year earlier. The recent quarter's figure includes $404.9 million in non-cash impairment charges, the company said.
Yahoo
26-07-2025
- Business
- Yahoo
Bumble Inc. (BMBL) Stock Declines While Market Improves: Some Information for Investors
Bumble Inc. (BMBL) closed at $8.22 in the latest trading session, marking a -4.08% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.4%. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.24%. Coming into today, shares of the company had gained 31.64% in the past month. In that same time, the Computer and Technology sector gained 6.84%, while the S&P 500 gained 4.61%. The investment community will be closely monitoring the performance of Bumble Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2025. The company's upcoming EPS is projected at $0.37, signifying a 68.18% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $243.29 million, reflecting a 9.43% fall from the equivalent quarter last year. BMBL's full-year Zacks Consensus Estimates are calling for earnings of $1.05 per share and revenue of $962.36 million. These results would represent year-over-year changes of +122.78% and -10.2%, respectively. Investors should also take note of any recent adjustments to analyst estimates for Bumble Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 8.23% higher within the past month. Bumble Inc. presently features a Zacks Rank of #1 (Strong Buy). In the context of valuation, Bumble Inc. is at present trading with a Forward P/E ratio of 8.2. This denotes a discount relative to the industry average Forward P/E of 29.31. Also, we should mention that BMBL has a PEG ratio of 0.29. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Software was holding an average PEG ratio of 2.19 at yesterday's closing price. The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 79, positioning it in the top 32% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bumble Inc. (BMBL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
15-07-2025
- Business
- Yahoo
Why Bumble Inc. (BMBL) Outpaced the Stock Market Today
In the latest trading session, Bumble Inc. (BMBL) closed at $6.68, marking a +2.45% move from the previous day. This move outpaced the S&P 500's daily gain of 0.14%. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.27%. Shares of the company witnessed a gain of 31.72% over the previous month, beating the performance of the Computer and Technology sector with its gain of 5.36%, and the S&P 500's gain of 3.97%. Investors will be eagerly watching for the performance of Bumble Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.36, marking a 63.64% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $242.08 million, indicating a 9.88% downward movement from the same quarter last year. BMBL's full-year Zacks Consensus Estimates are calling for earnings of $1.04 per share and revenue of $960.68 million. These results would represent year-over-year changes of +122.56% and -10.35%, respectively. Investors should also note any recent changes to analyst estimates for Bumble Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 7.19% higher. At present, Bumble Inc. boasts a Zacks Rank of #1 (Strong Buy). In the context of valuation, Bumble Inc. is at present trading with a Forward P/E ratio of 6.3. Its industry sports an average Forward P/E of 27.71, so one might conclude that Bumble Inc. is trading at a discount comparatively. Meanwhile, BMBL's PEG ratio is currently 0.22. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Internet - Software industry was having an average PEG ratio of 2.15. The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 27% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow BMBL in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bumble Inc. (BMBL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
28-06-2025
- Business
- Yahoo
Is BMBL Stock a Buy as Bumble Lays Off 30% of Staff?
On June 25, shares of social networking and dating app company Bumble (BMBL) surged 25% following a bold announcement that it would reduce its global workforce by about 30%. Greenlit by the board on June 23, the decision is part of a larger restructuring effort focused on streamlining operations and prioritizing long-term growth. Bumble anticipates one-time charges ranging between $13 million and $18 million, primarily covering severance packages, benefits, and other related expenses. Despite these upfront costs, Bumble expects annual savings of up to $40 million. The funds will be redirected into advancing product innovation and upgrading its technological infrastructure. Dear Nvidia Stock Fans, Watch This Event Today Closely Can Broadcom Stock Hit $400 in 2025? A $2 Billion Reason to Sell Super Micro Computer Stock Now Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Alongside the workforce reduction, Bumble has raised its second-quarter 2025 outlook. The upgraded forecast signals growing confidence in its ability to stabilize financially, even as the dating app industry grapples with challenges like user fatigue and a difficult macro environment. Investors will be watching closely to see whether BMBL stock's upward momentum can continue on the back of this more optimistic outlook. Based in Austin, Texas, Bumble operates two of the world's leading dating platforms: Bumble and Badoo. These apps boast millions of active users and rank among the highest-grossing in the sector. With a market capitalization of $673 million, Bumble positions itself as a platform committed to fostering equitable and healthy relationships. Despite the company's strong brand presence, shares have faced significant pressure over the past 52 weeks, plunging nearly 36%. However, BMBL stock has seen a notable turnaround in recent months, with shares climbing 40% over the past three months and rocketing 24% in just the last five trading days. BMBL stock trades at 6 times forward adjusted earnings and 0.50 times sales, well below industry averages. The steep discount hints at a rare value play, especially if the stock's turnaround gains traction. For investors seeking upside at a bargain, this pricing could be too attractive to pass up. Bumble's fiscal 2025 first-quarter results, released on May 7, painted a mixed picture but contained some silver linings. Revenue slid 7.7% year-over-year (YOY) to $247.1 million. However, the figure still managed to beat analyst expectations, which hovered around $246.5 million. Revenue from the flagship Bumble app fell 6.5% YOY to $201.8 million, while Badoo and other sources saw a sharper decline of 13% to $45.3 million. The firm's user base remained steady with about 4 million paying customers, but average revenue per paying user dipped to $20.24 from $21.84, signaling some pressure on monetization. Adjusted EBITDA dropped 13% YOY to $64.4 million during the quarter. Net earnings also took a 41.5% hit, falling to $19.8 million. EPS declined 31.6% YOY to $0.13, missing the consensus estimate of $0.16 and reflecting ongoing challenges in profitability. The balance sheet showed $202.2 million in cash and cash equivalents against a sizable debt load of $616.1 million as of March 31. Despite these hurdles, the company's outlook appears to be improving. For the second quarter, Bumble forecasts a range between $244 million and $249 million. This marks a notable increase from its previous estimate of $235 million to $243 million. Adjusted EBITDA guidance was also lifted alongside the job cuts, from an earlier range of $79 million to $84 million to a new target of $88 million to $93 million. Analysts have raised expectations for the second quarter as well, forecasting a 36.4% YOY increase in EPS to $0.30. Fiscal 2025 looks even more promising, with the bottom line projected to surge 118% to $0.86 per share. The growth trend is expected to continue into fiscal 2026, with EPS anticipated to rise by 10.5% to $0.95. These estimates suggest that Bumble's cost-cutting and reinvestment strategies may soon translate into stronger financial results. Currently, BMBL stock holds an overall analyst rating of 'Hold.' Among the 16 experts tracking the stock, only one issues a 'Strong Buy' recommendation and another leans toward 'Moderate Buy.' The majority, 12 analysts, maintain a 'Hold' stance while one analyst suggests a 'Moderate Sell' and another a 'Strong Sell" rating. The mixed sentiment reflects ongoing uncertainty about Bumble's ability to fully recover in a competitive market. Still, the Street-high price target sits at $9 per share, indicating potential upside of 38% from current levels. Should Bumble's restructuring and revised guidance translate into sustained growth, Bumble stock could capture investor interest and climb higher. On the date of publication, Aanchal Sugandh did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
26-06-2025
- Business
- Yahoo
Bumble (BMBL) Soars 25.1%: Is Further Upside Left in the Stock?
Bumble Inc. BMBL shares ended the last trading session 25.1% higher at $6.52. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.7% loss over the past four weeks. BMBL is benefiting from enhanced user experience through new features, AI-driven personalized matching, and strong growth in its Bumble BFF friendship platform. This company is expected to post quarterly earnings of $0.29 per share in its upcoming report, which represents a year-over-year change of +31.8%. Revenues are expected to be $240.01 million, down 10.7% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Bumble, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on BMBL going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Bumble belongs to the Zacks Internet - Software industry. Another stock from the same industry, Automatic Data Processing ADP, closed the last trading session 4.2% lower at $298.19. Over the past month, ADP has returned -4.4%. ADP's consensus EPS estimate for the upcoming report has changed +0.1% over the past month to $2.22. Compared to the company's year-ago EPS, this represents a change of +6.2%. ADP currently boasts a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bumble Inc. (BMBL) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
