Bumble Inc. downgraded by Citigroup with a new price target
$BMBL
Computer Software: Programming Data Processing
Technology
Citigroup downgraded Bumble Inc. from Buy to Neutral and set a new price target of $6.00 from $12.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/3/2025 | Outperform → Peer Perform | Wolfe Research | |
| 9/27/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 8/16/2024 | $22.00 → $7.50 | Buy → Hold | TD Cowen |
| 8/9/2024 | Buy → Hold | HSBC Securities | |
| 8/9/2024 | $14.00 → $6.00 | Positive → Neutral | Susquehanna |
| 8/8/2024 | $12.00 → $6.00 | Buy → Neutral | Citigroup |
| 8/8/2024 | Buy → Neutral | BTIG Research | |
| 8/8/2024 | $13.00 → $6.50 | Buy → Hold | Stifel |
Total Revenue Decreased 8% to $247 Million Bumble App Revenue Decreased 6% to $202 Million Bumble App Paying Users Decreased 1% to 2.7 Million; Declined 104,000 Quarter Over Quarter Bumble Inc. (NASDAQ:BMBL) today reported financial results for the first quarter ended March 31, 2025. "Since I returned in mid-March, we have set an accelerated path to return to sustainable, long-term growth," said Whitney Wolfe Herd, Founder & CEO of Bumble Inc. "We are strengthening our member base and delivering a more intentional experience with more quality and relevant matches, enhanced by technology and product innovation. We've also strengthened our team and are working to drive greater productivit
Bumble Inc. (NASDAQ:BMBL) today announced several key additions to its executive leadership team as the company continues to execute against its long-term strategy and 2025 vision. Vivek Sagi has joined as Chief Technology Officer to lead Bumble's Technology team through its next chapter of innovation and scale. Vivek is a proven technology executive with deep expertise in engineering, product management, user experience, and emerging technology. He has successfully led and scaled global product portfolios across the U.S., Asia, and Europe, helping to grow platforms that serve hundreds of millions of users across industries, making him a strong cultural and strategic fit to lead Bumble's i
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the first quarter ending March 31, 2025, following the close of market on Wednesday, May 7, 2025. The Company will host a live webcast of its conference call to discuss the results at 4:30 p.m. Eastern Time on that day. The webcast of the call, the earnings release, and any related materials will be accessible on the Investors section of the Company's website at https://ir.bumble.com. A webcast replay will be available approximately two hours after the conclusion of the live event. About Bumble Inc. Bumble Inc. is the parent company of Bumble, Badoo, Bumble For Friends, and Geneva. The Bumble platform bri
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Bumble Inc. (NASDAQ:BMBL) today announced several key additions to its executive leadership team as the company continues to execute against its long-term strategy and 2025 vision. Vivek Sagi has joined as Chief Technology Officer to lead Bumble's Technology team through its next chapter of innovation and scale. Vivek is a proven technology executive with deep expertise in engineering, product management, user experience, and emerging technology. He has successfully led and scaled global product portfolios across the U.S., Asia, and Europe, helping to grow platforms that serve hundreds of millions of users across industries, making him a strong cultural and strategic fit to lead Bumble's i
Former CFO of HomeAway, Hoover's, and Spredfast Joins ZenBusiness Board, Bringing Expertise from Bumble and Q2 Holdings ZenBusiness®, the all-in-one platform providing trusted guidance for small business owners, today announced the appointment of Lynn Atchison to its Board of Directors. Atchison, a seasoned corporate board director and financial expert, brings extensive experience in scaling high-growth technology companies, navigating public markets, and leading organizations through transformative business strategies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250313562620/en/ZenBusiness appoints financial expert Lynn Atch
Bumble Inc. (NASDAQ:BMBL) today announced the appointment of Michael Affronti to Chief Product Officer ("CPO"). In this key executive leadership position, Michael will oversee innovation and user experience across the Company's product portfolio and will lead the Product, Safety, Research and Customer Care teams. His appointment is effective immediately. Michael comes to Bumble Inc. from Salesforce, where he served as SVP and General Manager of Commerce Cloud. In that role, he led Salesforce's multi-billion-dollar global e-commerce business to success, driving innovation and operational scale for businesses serving more than two billion consumers around the globe annually. He previously b
Total Revenue Decreased 8% to $247 Million Bumble App Revenue Decreased 6% to $202 Million Bumble App Paying Users Decreased 1% to 2.7 Million; Declined 104,000 Quarter Over Quarter Bumble Inc. (NASDAQ:BMBL) today reported financial results for the first quarter ended March 31, 2025. "Since I returned in mid-March, we have set an accelerated path to return to sustainable, long-term growth," said Whitney Wolfe Herd, Founder & CEO of Bumble Inc. "We are strengthening our member base and delivering a more intentional experience with more quality and relevant matches, enhanced by technology and product innovation. We've also strengthened our team and are working to drive greater productivit
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the first quarter ending March 31, 2025, following the close of market on Wednesday, May 7, 2025. The Company will host a live webcast of its conference call to discuss the results at 4:30 p.m. Eastern Time on that day. The webcast of the call, the earnings release, and any related materials will be accessible on the Investors section of the Company's website at https://ir.bumble.com. A webcast replay will be available approximately two hours after the conclusion of the live event. About Bumble Inc. Bumble Inc. is the parent company of Bumble, Badoo, Bumble For Friends, and Geneva. The Bumble platform bri
Total Revenue in 2024 Increased 2% to $1,071.6 Million Full Year Bumble App Revenue increased 3% to $866.3 Million Fourth Quarter Bumble App Paying Users Increased 5% to 2.8 Million; Declined 57,000 Quarter Over Quarter Bumble Inc. (NASDAQ:BMBL) today reported financial results for the fourth quarter and full year ended December 31, 2024. "Over the past year, we have established a strong foundation for Bumble, building a robust innovation pipeline and instilling a high-performance culture and capabilities to drive results," said Lidiane Jones, CEO of Bumble Inc. "The company is executing on an exciting product roadmap for the year ahead, guided by our three strategic priorities: strengt
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Wolfe Research downgraded Bumble Inc. from Outperform to Peer Perform
KeyBanc Capital Markets downgraded Bumble Inc. from Overweight to Sector Weight
TD Cowen downgraded Bumble Inc. from Buy to Hold and set a new price target of $7.50 from $22.00 previously
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