13 Analysts Have This to Say About Bumble
Portfolio Pulse from Benzinga Insights
In the last quarter, 13 analysts have rated Bumble (NASDAQ:BMBL) with 4 bullish, 6 somewhat bullish, and 3 indifferent ratings. The average 12-month price target for Bumble is $18.68, with a high of $24.00 and a low of $16.00. This target has decreased by 17.53% from the previous target of $22.65. Analysts provide these ratings based on research and their opinions, which can influence investor decisions.
December 05, 2023 | 4:00 pm
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Bumble received mostly positive ratings from analysts, with a decrease in the average price target to $18.68, suggesting a cautious outlook.
The majority of analysts are bullish or somewhat bullish on BMBL, indicating a generally positive sentiment. However, the decrease in the average price target may reflect concerns about the company's future performance, which could lead to a neutral short-term impact on the stock price as the market digests this mixed information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100