In recent trading session, Bumble Inc (NASDAQ:BMBL) saw 2.3 million shares changing hands at last check today with its beta currently measuring 1.69. Company’s recent per share price level of $5.49 trading at -$0.15 or -2.83% at last check today assigns it a market valuation of $593.38M. That most recent trading price of BMBL’s stock is at a discount of -146.99% from its 52-week high price of $13.56 and is indicating a premium of 12.57% from its 52-week low price of $4.80.
For Bumble Inc (BMBL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.90. Splitting up the data highlights that, out of 12 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.31 in the current quarter.
Bumble Inc (NASDAQ:BMBL) trade information
Upright in the red during last session for losing -2.83%, in the last five days BMBL remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $5.49 price level, adding 36.46% to its value on the day. Bumble Inc’s shares saw a change of -32.62% in year-to-date performance and have moved -33.35% in past 5-day. Bumble Inc (NASDAQ:BMBL) showed a performance of -28.39% in past 30-days.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 21.57% to its recent value today. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -27.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.5% for stock’s current value.
Bumble Inc (BMBL) estimates and forecasts
This year revenue growth is estimated to rise 1.77% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 260.52M for the same. And 14 analysts are in estimates of company making revenue of 250.2M in the next quarter. Company posted 273.64M and 267.77M of sales in current and next quarters respectively a year earlier.
Bumble Inc (NASDAQ:BMBL)’s Major holders
BLACKSTONE INC. is the top institutional holder at BMBL for having 30.12 million shares of worth $316.52 million. And as of 2024-06-30, it was holding 23.8548 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 11.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.5852 of outstanding shares, having a total worth of $116.16 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 2.99 shares of worth $16.35 million or 2.76% of the total outstanding shares. The later fund manager was in possession of 2.71 shares on Nov 30, 2024, making its stake of worth around $14.79 million in the company or a holder of 2.50% of company’s stock.
