Expert Ratings For Bumble
Portfolio Pulse from Benzinga Insights
Bumble (NASDAQ:BMBL) has been analyzed by 8 analysts, showing a mix of somewhat bullish and indifferent sentiments with no bullish or bearish ratings. The average 12-month price target is $15.38, down 11.76% from the previous $17.43, indicating a downward trend in expectations. Analysts from firms like Keybanc, Morgan Stanley, and JP Morgan have adjusted their price targets and ratings, reflecting a cautious outlook on Bumble's stock. Despite this, Bumble's financial performance shows strong revenue growth and effective cost management, with a revenue growth rate of 13.25% and a net margin of -9.4%.
May 06, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Bumble's stock has received mixed reviews from analysts, with a downward adjustment in the average price target to $15.38, indicating a cautious but not outright bearish outlook. The company's strong revenue growth and effective cost management are positive indicators, but the lowered price targets suggest analysts see limited upside potential in the short term.
The adjustment in price targets and ratings by analysts reflects a cautious stance towards Bumble's stock, likely due to market conditions or company-specific challenges. However, the company's strong revenue growth and financial performance indicators such as net margin and ROE suggest underlying strength. The mixed sentiment among analysts, combined with positive financial metrics, leads to a neutral short-term impact score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100