In the last trading session, 2.3 million Bumble Inc (NASDAQ:BMBL) shares changed hands as the company’s beta touched 1.94. With the company’s per share price at $5.70 changed hands at -$0.07 or -1.21% during last session, the market valuation stood at $588.76M. BMBL’s last price was a discount, traded about -119.12% off its 52-week high of $12.49. The share price had its 52-week low at $3.55, which suggests the last value was 37.72% up since then.
Analysts gave the Bumble Inc (BMBL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.68. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended BMBL as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight.
Bumble Inc (NASDAQ:BMBL) trade information
Instantly BMBL was in red as seen at the end of in last trading. With action -2.06%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -29.98%, with the 5-day performance at -2.06% in the red. However, in the 30-day time frame, Bumble Inc (NASDAQ:BMBL) is 30.73% up.
The consensus price target for the stock as assigned by Wall Street analysts is 5.5, meaning bulls need a downside of -3.64% from its current market value. According to analyst projections, BMBL’s forecast low is 5 with 6 as the target high. To hit the forecast high, the stock’s price needs a -5.26% plunge from its current level, while the stock would need to tank 12.28% for it to hit the projected low.
Bumble Inc (BMBL) estimates and forecasts
The 2025 estimates are for Bumble Inc earnings to increase by 119.48%.
Bumble Inc (NASDAQ:BMBL)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.7543% or 11.05 million shares worth $116.16 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 2.39 shares estimated at $13.63 million under it, the former controlled 2.32% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.12% of the shares, roughly 2.19 shares worth around $12.5 million.
