Analyst Expectations for Bumble's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, Bumble (NASDAQ:BMBL) received 2 bullish, 4 somewhat bullish, and 1 indifferent analyst ratings. The average 12-month price target for the company is $21.19, a decrease of 16.9% from the previous average of $25.50.
October 19, 2023 | 8:00 pm
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Bumble's average 12-month price target has decreased by 16.9% to $21.19. The company received mostly bullish analyst ratings in the last quarter.
The decrease in Bumble's average 12-month price target could indicate a potential downside for the stock. However, the company received mostly bullish analyst ratings, which could balance out the potential negative impact. The indifferent rating also adds uncertainty to the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100