Bumble Inc. downgraded by Susquehanna with a new price target
$BMBL
Computer Software: Programming Data Processing
Technology
Susquehanna downgraded Bumble Inc. from Positive to Neutral and set a new price target of $6.00 from $14.00 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 |
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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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
Bumble Inc., the parent company of Bumble, Bumble for Friends, Badoo, Fruitz and Official, has today announced that Elizabeth Monteleone has been promoted to Chief Legal Officer. Monteleone has been instrumental in shaping the company's legal and compliance function into what it is today, alongside spearheading the company's public policy initiatives, having worked to pass laws throughout the US focused on reducing digital harassment, as well as supporting the company in its reproductive rights initiatives. As Chief Legal Officer, Monteleone will work closely with the Bumble Inc. Board of Directors and Executive Leadership Team to strengthen the organization's legal and compliance teams
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
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the fourth quarter and full year ending December 31, 2024, following the close of market on Tuesday, February 18, 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, Bumble for Friends, Badoo, Fruitz and
Founder and Executive Chair Whitney Wolfe Herd to Return as CEO, Succeeding Lidiane Jones After Her Planned Departure in Mid-March 2025 Bumble Inc. (NASDAQ:BMBL) today announced that Founder and Executive Chair, Whitney Wolfe Herd, will become Chief Executive Officer, effective mid-March 2025. Wolfe Herd will succeed Lidiane Jones, who has resigned from her role for personal reasons. Jones will continue as CEO until the transition takes effect. "I am deeply grateful for the transformative work Lidiane has led during such a pivotal time for Bumble, and her leadership has been instrumental in building a strong foundation for our future," said Wolfe Herd. "As I step into the role of CEO, I
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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
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
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the fourth quarter and full year ending December 31, 2024, following the close of market on Tuesday, February 18, 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, Bumble for Friends, Badoo, Fruitz and