Bumble Inc [NASDAQ: BMBL] price plunged by -30.31 percent to reach at -$2.46.
The one-year BMBL stock forecast points to a potential upside of 21.88. The average equity rating for BMBL stock is currently 2.89, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Bumble Inc [BMBL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BMBL shares is $7.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BMBL stock is a recommendation set at 2.89. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Bumble Inc shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on January 03, 2025. The new note on the price target was released on September 27, 2024, representing the official price target for Bumble Inc stock. Previously, the target price had yet another drop from $22 to $7.50, while TD Cowen kept a Hold rating on BMBL stock. On August 09, 2024, analysts decreased their price target for BMBL shares from 14 to 6.
The Average True Range (ATR) for Bumble Inc is set at 0.55, with the Price to Sales ratio for BMBL stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 0.75, with the Price to Cash per share for the same quarter was set at 2.33. Price to Free Cash Flow for BMBL in the course of the last twelve months was 3.32 with Quick ratio for the last quarter at 2.09.
BMBL Stock Performance Analysis:
Bumble Inc [BMBL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -33.12. With this latest performance, BMBL shares dropped by -26.69% in over the last four-week period, additionally sinking by -5.92% over the last 6 months – not to mention a drop of -59.74% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BMBL stock in for the last two-week period is set at 24.23, with the RSI for the last a single of trading hit 17.30, and the three-weeks RSI is set at 29.51 for Bumble Inc [BMBL]. The present Moving Average for the last 50 days of trading for this stock 8.02, while it was recorded at 7.77 for the last single week of trading, and 8.37 for the last 200 days.
Insight into Bumble Inc Fundamentals:
Bumble Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.09 and a Current Ratio set at 2.09.
Bumble Inc [BMBL] Institutonal Ownership Details
The top three institutional holders of BMBL stocks are: BLACKSTONE INC. with ownership of 30.12 million shares, which is approximately 23.8548%. BLACKROCK INC., holding 11.05 million shares of the stock with an approximate value of $$116.16 million in BMBL stocks shares; and BLACKROCK INC., currently with $$103.6 million in BMBL stock with ownership which is approximately 7.6572%.
