Forecasting The Future: 19 Analyst Projections For Bumble
Portfolio Pulse from Benzinga Insights
In the past three months, 19 analysts have shared their insights on Bumble (NASDAQ:BMBL), with a mix of bullish and bearish opinions. The average 12-month price target has decreased by 34.15% to $9.18. Several analysts have lowered their price targets and ratings for Bumble, reflecting a cautious outlook.
August 13, 2024 | 1:00 pm
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NEGATIVE IMPACT
Analysts have mixed views on Bumble (NASDAQ:BMBL) with a significant decrease in the average 12-month price target to $9.18, down 34.15% from the previous average. Multiple analysts have lowered their ratings and price targets, indicating a cautious outlook.
The significant decrease in the average 12-month price target and the fact that multiple analysts have lowered their ratings and price targets suggest a cautious outlook for Bumble. This is likely to have a negative short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100