Bumble Inc (NASDAQ: BMBL) Surged -3.70% In 6 Months – Here’s What To Expect Next

During the recent session, Bumble Inc (NASDAQ:BMBL)’s traded shares were 1.71 million, with the beta value of the company hitting 1.67. At the last check today, the stock’s price was $10.52, reflecting an intraday gain of 0.73% or $0.08. The 52-week high for the BMBL share is $21.06, that puts it down -100.19 from that peak though still a striking 5.51% gain since the share price plummeted to a 52-week low of $9.94. The company’s market capitalization is $1.36B, and the average trade volume was 3.05 million shares over the past three months.

Bumble Inc (NASDAQ:BMBL) trade information

Bumble Inc (BMBL) registered a 0.73% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.73% in intraday trading to $10.52, hitting a weekly high. The stock’s 5-day price performance is 2.69%, and it has moved by -3.70% in 30 days. Based on these gigs, the overall price performance for the year is -37.63%.

Bumble Inc (BMBL) estimates and forecasts

Statistics show that Bumble Inc has outperformed its competitors in share price, compared to the industry in which it operates. Bumble Inc (BMBL) shares have gone down -25.05% during the last six months, with a year-to-date growth rate more than the industry average at 2,300.00% against 19.70. In the rating firms’ projections, revenue will increase 9.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 265.46M as predicted by 20 analyst(s). Meanwhile, a consensus of 20 analyst(s) estimates revenue growth to 278.76M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 242.95M and 259.74M respectively. In this case, analysts expect current quarter sales to grow by 9.30% and then jump by 7.30% in the coming quarter.

While earnings are projected to return 2186.58% in 2024.

BMBL Dividends

Bumble Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Bumble Inc (NASDAQ:BMBL)’s Major holders