Deep Value In Bumble Unfolds: ~10% Quarterly Buyback Yield
Portfolio Pulse from
Bumble is considered a 'Strong Buy' due to its robust free cash flow and significant share buybacks, purchasing over 10% of its shares in Q3. Despite a 10% YoY ARPPU decline, Q3 2024 results show stabilizing revenue and an increase in paying users. Q4 2024 guidance remains solid.
December 22, 2024 | 2:00 pm
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Bumble's stock is a 'Strong Buy' due to strong free cash flow and significant share buybacks, purchasing over 10% of its shares in Q3. Despite a 10% YoY ARPPU decline, Q3 2024 results show stabilizing revenue and an increase in paying users. Q4 2024 guidance remains solid.
Bumble's strong free cash flow and significant share buybacks indicate financial health and shareholder value, making it attractive to investors. The stabilizing revenue and increase in paying users, despite a decline in ARPPU, suggest resilience and potential growth. The solid Q4 guidance further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100