Bumble Stock Price Prediction: As society increasingly turns to digital means for connection, one of the most talked-about apps on the market is Bumble. Since its founding in 2014, Bumble has seen a meteoric rise among app users and investors alike. After going public earlier this year and quickly ascending to lofty heights, many are wondering how far this stock can go.
In our blog post today, we’ll explore what could affect future price movements as we hypothesize about potential future scenarios for the social networking giant’s stock performance.
Bumble (BMBL) stocks are currently being traded at 24.52 USD. Analysts are optimistic about the future of BMBL stocks which are expected to reach 28.71 USD by the end of the year 2025.
- 1 Bumble Inc. (NASDAQ: BMBL)
- 2 Bumble Stock Forecasts For 2023, 2024, 2025, And 2026
- 3 Is BMBL Stock A Good Buy?
- 4 Conclusion
Bumble Inc. (NASDAQ: BMBL)
Bumble Inc is an American social and dating company that operates three platforms Bumble, Badoo, and Chispa. Bumble is a dating app that allows users to create a profile and connect with other users, but with a unique feature that requires women to make the first move. Badoo is a dating-focused social network that operates in over 190 countries. Chispa is a dating app designed for Latinx singles.
Bumble’s flagship app, also called Bumble, allows users to create a profile and connect with other users in a similar way to Tinder and other dating apps, but with a unique feature that requires women to make the first move.
The company was founded in December 2014 by Whitney Wolfe Herd, and it is headquartered in Austin, Texas. In February 2021, Bumble Inc. went public on the NASDAQ stock exchange. The company’s stock symbol is BMBL. Bumble Inc has more than 100 million registered users on its platforms and it has seen significant growth in revenues in recent years.
Bumble Inc is committed to creating an inclusive and empowering space for people to make connections online. The company has implemented a variety of safety and moderation measures to ensure that users have a safe and positive experience on its platforms.
Financial Data And Performance
|PE Ratio (TTM)||N/A|
|52 Week Range||15.41 – 39.33|
|200-Day Moving Average||26.23|
|Operating Margin (ttm)||4.38%|
Cash Flow Statement
|Operating Cash Flow (ttm)||166.35M|
|Levered Free Cash Flow (ttm)||227.33M|
Bumble Stock Forecasts For 2023, 2024, 2025, And 2026
Bumble Stock Price Prediction 2023
The current price of BMBL stock is 24.52 USD. It is anticipated that the BMBL stock price will be $21.38 by the end of 2023. The anticipated minimum and maximum price objectives are 20.13 USD and 22.32 USD, respectively. With monthly projected price volatility of 9.826%, positive tendencies are expected to prevail for this period.
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Bumble Stock Price Prediction 2024
By the end of 2024, it is projected that the price of BMBL stock will be $24.02. The lowest estimated price target is 22.59 USD and the highest price target is 25.03 USD. Negative trends are predicted to predominate during this time period, with a monthly forecast price volatility of 9.757%.
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Bumble Stock Price Prediction 2025
It is anticipated that BMBL stock will cost $28.71 by the end of 2025. The lowest and highest anticipated price targets are 27.81 USD and 29.54 USD, respectively. With monthly anticipated price volatility of 5.861%, negative tendencies are expected to predominate during this time frame.
Bumble Stock Price Prediction 2026
The price of BMBL stock is predicted to reach $31.29 by the end of 2025. The anticipated price targets range from 29.21 USD to 32.16 USD. With monthly anticipated price volatility of 9.193%, positive tendencies are expected to dominate throughout this time frame.
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Is BMBL Stock A Good Buy?
Investors have been keenly following BMBL stock, and rightly so. BMBL stocks have received a consensus rating of “Buy” from analysts. Out of 16 analysts, 4 are recommending it as a Strong Buy and 5 are recommending it as a Buy.
That makes 9 – an overwhelming majority – who see great value in the stock, which is why those investors looking for long-term gains would do well to invest in BMBL shares, especially with the encouraging analyst scores.
Even though 7 analysts are recommending BMBL as a Hold and there are no Sell or Strong Sell ratings, these should be approached with caution; however, BMBL could certainly make for a good overall addition to any portfolio.
The market is abuzz about Bumble (BMBL) stock since going public in 2021 and shooting up 63% after its initial trading. Founded in 2014, the parent company of Badoo and Bumble is one of the largest online dating apps with great potential for growth.
While some investors believe it’s due for a dip, others are more optimistic about its success given its current track record for well-performing mobile applications and a head start on rival Match Group as the first app that encourages social interaction from female users.
Regardless of which camp you fall into, BMBL stock appears to be a strong investment opportunity regardless of your end game because of its large user base and industry ties.
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Bumble’s future looks bright as the company plans to go public in 2021. The stock price will most likely continue to increase as more people use the app and become familiar with the brand. Investors should consider buying Bumble shares now while they are still relatively low.
The company has a lot of potential for growth and expansion, so the stock price is expected to rise in the coming years. Thanks for reading our analysis on Bumble Stock Price Prediction. We hope you found it informative. Please leave a comment below if you have any questions or thoughts on this topic.