Bumble shares fall 30% after its annual revenue forecast cut sparks growth fears
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Citi Downgrades Bumble Inc. (BMBL) to Neutral, Removes 30-Day Negative Catalyst Call
August 9, 2024 6:11 AM EDTCiti analyst Ygal Arounian downgraded Bumble Inc. (NASDAQ: BMBL) from Buy to Neutral with a price target of $6.00 (from $12.00).
The analyst comments "We downgrade BMBL shares to Neutral from Buy after a disappointing outlook stemming from a total rebuild of the... More
Bumble Inc. (BMBL) PT Lowered to $10 at Loop Capital
August 8, 2024 7:19 AM EDTLoop Capital analyst Laura Champine lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $10.00 (from $15.00) while maintaining a Buy rating.
The analyst comments "We are reiterating our Buy rating but cutting our price target on Bumble from $15 to $10 today. We're cutting our... More
Citi Downgrades Bumble Inc. (BMBL) to Neutral
August 8, 2024 7:13 AM EDTCiti analyst Ygal Arounian downgraded Bumble Inc. (NASDAQ: BMBL) from Buy to Neutral with a price target of $6.00 (from $12.00).
The analyst comments "We downgrade BMBL shares to Neutral from Buy after a disappointing outlook stemming from a total rebuild of the... More
BTIG Downgrades Bumble Inc. (BMBL) to Neutral
August 8, 2024 6:43 AM EDTBTIG analyst Jake Fuller downgraded Bumble Inc. (NASDAQ: BMBL) from Buy to Neutral.
The analyst comments "We downgrade BMBL from Buy to Neutral with a deep cut to estimates with Bumble app payers and revenue expected to go negative in 2H. As we learned... More
Bumble Inc. (BMBL) PT Lowered to $8 at RBC Capital
August 8, 2024 6:19 AM EDTRBC Capital analyst Brad Erickson lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $8.00 (from $16.00) while maintaining a Outperform rating.
The analyst comments "To say BMBL had a tough qtr would be an understatement. Through a combination of top-of-funnel softness and self-inflicted... More
Evercore ISI Downgrades Bumble Inc. (BMBL) to In Line
August 8, 2024 5:16 AM EDTEvercore ISI analyst Mark Mahaney downgraded Bumble Inc. (NASDAQ: BMBL) from Outperform to In Line with a price target of $8.00 (from $18.00).
The analyst comments "We are downgrading BMBL to In-Line with $8 PT in the wake of a Modest Miss & Materially Lower Q2 EPS result. Q2... More
Bumble Inc. (BMBL) PT Lowered to $7 at Wolfe Research
August 8, 2024 5:03 AM EDTWolfe Research analyst Shweta Khajuria lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $7.00 (from $14.00) while maintaining a Outperform rating.
The analyst comments "Our OP rating is based on our belief that the company's new leadership team is taking the right actions on... More
