Bumble Inc. provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and credit-based dating products. The company operates two apps, Bumble and Badoo with approximately 40 million users on monthly basis. Bumble Inc. was founded in 2014 in and is headquartered in Austin, Texas.
IPO Year: 2021
Exchange: NASDAQ
Website: bumble.com
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 |
8/8/2024 | $17.00 → $7.00 | Overweight → Neutral | JP Morgan |
8/8/2024 | $18.00 → $8.00 | Outperform → In-line | Evercore ISI |
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
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
Neil Shah appointed to newly created Chief Business Officer position Chief Financial Officer Anu Subramanian and Chief Marketing Officer Selby Drummond to depart in 2025 Bumble Inc. (NASDAQ:BMBL) today announced key updates to the Company's senior leadership team and reaffirmed the Company's outlook for fiscal year 2024. Appoints New Chief Business Officer Neil Shah has been appointed to the newly created role of Chief Business Officer, a key leadership position with responsibility for the execution of Bumble's strategic transformation, including driving the Company's revenue model, pricing strategy, and partnerships. Neil has served as an advisor to Bumble Inc. and previously serve
Bumble Inc. (NASDAQ:BMBL) today announced that management will participate at the following investor conference: Wells Fargo 8th Annual TMT Summit Rancho Palos Verdes, CA Tuesday, December 3, 2024 Fireside Chat at 11:00 a.m. PT The conference fireside chat will be available via live audio webcast accessible on the Investors section of the Company's website at https://ir.bumble.com. About Bumble Inc. Bumble Inc. is the parent company of Bumble, Bumble For Friends, Badoo, Fruitz and Official. The Bumble platform enables people to build healthy and equitable relationships, through Kind Connections. Founded by Whitney Wolfe Herd in 2014, Bumble was one of the first dating apps built wit
Total Revenue Decreased 1% to $274 Million Bumble App Revenue Decreased 1% to $220 Million Bumble App Paying Users Increased 10% to 2.9 Million; Grew 52,000 Quarter Over Quarter Bumble Inc. (NASDAQ:BMBL) today reported financial results for the third quarter ended September 30, 2024. "We delivered on our financial objectives for the third quarter as we executed on our plans to reimagine Bumble App to enable the next generation of online-to-real-world connections," said Lidiane Jones, CEO of Bumble Inc. "Our work is focused on strengthening our ecosystem, rolling out a rebalanced marketing approach to drive high-quality user growth, achieving a steady cadence of product releases, and evolv
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the third quarter ending September 30, 2024, following the close of market on Wednesday, November 6, 2024. 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 Official. The B
Bumble Inc. (NASDAQ:BMBL) today announced that management will participate at the following investor conferences: Citi Global TMT Conference New York, NY Thursday, September 5, 2024 Fireside Chat at 10:50 a.m. ET Goldman Sachs Communacopia + Technology Conference San Francisco, CA Monday, September 9, 2024 Fireside Chat at 3:05 p.m. PT The conference fireside chats will be available via live audio webcast accessible on the Investors section of the Company's website at https://ir.bumble.com. About Bumble Inc. Bumble Inc. is the parent company of Bumble, Bumble For Friends, Badoo, Fruitz and Official. The Bumble platform enables people to build healthy and equitable relationships, t
Total Revenue Increased 3% to $269 Million Bumble App Revenue Increased 5% to $218 Million Bumble App Paying Users Increased 15% to 2.8 Million; Grew 87,000 Quarter Over Quarter Net Earnings of $38 Million, Adjusted EBITDA of $75 Million Bumble Inc. (NASDAQ:BMBL) today reported financial results for the second quarter ended June 30, 2024. "Our first chapter of the Bumble App launch delivered better women's experiences and improved engagement," said Lidiane Jones, CEO of Bumble Inc. "We are pleased with these early wins but it's evident that to reignite the user growth engine for Bumble Inc. in the long term, we need to take a firm stance towards delivering customer value that goes
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the second quarter ending June 30, 2024, following the close of market on Wednesday, August 7, 2024. 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 Official. The Bumb
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
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
HSBC Securities downgraded Bumble Inc. from Buy to Hold
Susquehanna downgraded Bumble Inc. from Positive to Neutral and set a new price target of $6.00 from $14.00 previously
Citigroup downgraded Bumble Inc. from Buy to Neutral and set a new price target of $6.00 from $12.00 previously
BTIG Research downgraded Bumble Inc. from Buy to Neutral
Stifel downgraded Bumble Inc. from Buy to Hold and set a new price target of $6.50 from $13.00 previously
JP Morgan downgraded Bumble Inc. from Overweight to Neutral and set a new price target of $7.00 from $17.00 previously
Evercore ISI downgraded Bumble Inc. from Outperform to In-line and set a new price target of $8.00 from $18.00 previously
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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
Total Revenue Decreased 1% to $274 Million Bumble App Revenue Decreased 1% to $220 Million Bumble App Paying Users Increased 10% to 2.9 Million; Grew 52,000 Quarter Over Quarter Bumble Inc. (NASDAQ:BMBL) today reported financial results for the third quarter ended September 30, 2024. "We delivered on our financial objectives for the third quarter as we executed on our plans to reimagine Bumble App to enable the next generation of online-to-real-world connections," said Lidiane Jones, CEO of Bumble Inc. "Our work is focused on strengthening our ecosystem, rolling out a rebalanced marketing approach to drive high-quality user growth, achieving a steady cadence of product releases, and evolv
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the third quarter ending September 30, 2024, following the close of market on Wednesday, November 6, 2024. 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 Official. The B
Total Revenue Increased 3% to $269 Million Bumble App Revenue Increased 5% to $218 Million Bumble App Paying Users Increased 15% to 2.8 Million; Grew 87,000 Quarter Over Quarter Net Earnings of $38 Million, Adjusted EBITDA of $75 Million Bumble Inc. (NASDAQ:BMBL) today reported financial results for the second quarter ended June 30, 2024. "Our first chapter of the Bumble App launch delivered better women's experiences and improved engagement," said Lidiane Jones, CEO of Bumble Inc. "We are pleased with these early wins but it's evident that to reignite the user growth engine for Bumble Inc. in the long term, we need to take a firm stance towards delivering customer value that goes
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the second quarter ending June 30, 2024, following the close of market on Wednesday, August 7, 2024. 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 Official. The Bumb
Total Revenue Increased 10% to $268 Million Bumble App Revenue Increased 11% to $216 Million Bumble App Paying Users Increased 18% to 2.7 Million; Grew 42,000 Quarter Over Quarter Net Earnings of $33.9 Million, Adjusted EBITDA of $74.0 Million Bumble Inc. (NASDAQ:BMBL) today reported financial results for the first quarter ended March 31, 2024. "We delivered solid Q1 financial results while making great progress on our plans to unlock Bumble's next phase of growth," said Lidiane Jones, CEO of Bumble Inc. "We're actively listening to our customers and building experiences that put joy back into the online dating experience. We relaunched Bumble App – the first chapter in Bumble's e
Matthew Bromberg Appointed Chief Executive Officer and President Interim Chief Executive Officer Jim Whitehurst Named Executive Chair of the Unity Board Company to Release First Quarter 2024 Financial Results on May 9, 2024 Unity (NYSE:U) (the "Company"), the world's leading platform of tools for creators to build and grow real-time games, apps, and experiences across multiple platforms, today announced that Matthew Bromberg has been appointed Chief Executive Officer, President, and a member of the Unity Board of Directors, effective May 15, 2024. Interim Chief Executive Officer Jim Whitehurst has been appointed Executive Chair of the Unity Board while Roelof Botha will transition fro
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the first quarter ending March 31, 2024, following the close of market on Wednesday, May 8, 2024. 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 Official. The Bumble
Bumble Inc. (NASDAQ:BMBL) today announced that it will report financial results for the fourth quarter and full year ending December 31, 2023, following the close of market on Tuesday, February 27, 2024. 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
Total Revenue Increased 18% to $276 Million Bumble App Revenue Increased 23% to $222 Million Bumble App Paying Users Increased 25% to 2.6 Million; Grew 147,000 Quarter Over Quarter Net Earnings of $23.1 Million, Adjusted EBITDA of $75.3 Million Share Repurchase Program Increased to $300 Million Bumble Inc. (NASDAQ:BMBL) today reported financial results for the third quarter ended September 30, 2023. "Our strong third quarter results reflect our powerful brand, commitment to innovation, and relentless focus on helping people connect with one another," said Whitney Wolfe Herd, Founder and CEO of Bumble Inc. "By continuing to execute successfully on growth initiatives, we are strengthening
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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
Ali Rayl appointed Chief Product Officer; Antoine Leblond appointed Chief Technology Officer; David Ard appointed Chief People Officer; Bumble Veteran Selby Drummond named Chief Marketing Officer Bumble Inc. (NASDAQ:BMBL) today announced the transformation of the company's executive leadership team with the appointment of four seasoned executives to enable and drive Bumble's next chapter of growth through an intense focus on product, innovation, people and brand. Ali Rayl has been appointed Chief Product Officer, Antoine Leblond as Chief Technology Officer, David Ard as Chief People Officer, and Selby Drummond was promoted to Chief Marketing Officer. All four executives will report to C
To mark Safer Internet Day, Bumble Inc. (NASDAQ:BMBL) has announced its latest feature, Deception Detector™, building on its decade-long priority of building kind, safe, and authentic connections. Deception Detector™ uses Artificial Intelligence (AI) to help identify spam, scam and fake profiles, aiming to take action before members even see them. Within the first two months of the technology's introduction, Bumble saw member reports of spam, scam, and fake accounts reduced by 45%. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240206911584/en/Bumble Inc. Launches Deception Detector™: An AI-Powered Shield Against Spam, Scam and
Bumble For Friends, an app for making friends nearby with shared interests, adds two notable updates - AI-generated conversation starters and Plans - to get offline and make local friends. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231204367539/en/The Bumble For Friends app is adding a Plans section for groups of friends to meet. To make it easier to build a community of friends, people can now organize in-person group get-togethers and discover nearby activities to join. (Graphic: Business Wire) Introducing Plans: A New Way to Gather as a Group Bumble For Friends is rolling out a highly-requested feature known as Plans,
Exceptional Product and Business Leader Lidiane Jones to be Appointed CEO, Effective January 2, 2024. Visionary Founder and CEO Whitney Wolfe Herd to Become Executive Chair. Bumble Inc. (NASDAQ:BMBL) today announced a leadership succession plan for the Company's next chapter of growth. Following a comprehensive search process, Lidiane Jones, who currently serves as Chief Executive Officer at Slack, a Salesforce (NYSE:CRM) company, will succeed Whitney Wolfe Herd as Chief Executive Officer, effective January 2, 2024. Wolfe Herd will transition to the Executive Chair role at that time. Wolfe Herd founded Bumble in 2014 with the goal of creating an empowering online dating space for wome
Bumble Inc. (NASDAQ:BMBL) today announced that Sissie Hsiao, Vice President and General Manager for Google Assistant and Bard, has been appointed to the Company's Board of Directors. Ms. Hsiao brings decades of experience with Google and Microsoft, leading innovative and diverse teams around the world and developing cutting edge technologies and products. In her current role at Google, Ms. Hsiao is the Vice President and General Manager of Google Assistant and Bard (since April 2021), leading many of Google's advancements applying AI, natural language, and speech technologies to consumer products. Prior to this role, she was responsible as Vice President and General Manager for Google's D