While Bumble Inc has overperformed by 0.52%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BMBL fell by -48.91%, with highs and lows ranging from $12.49 to $3.55, whereas the simple moving average fell by -12.11% in the last 200 days.
On January 03, 2025, Wolfe Research Downgraded Bumble Inc (NASDAQ: BMBL) to Peer Perform. A report published by KeyBanc Capital Markets on September 27, 2024, Downgraded its rating to ‘Sector Weight’ for BMBL. TD Cowen also Downgraded BMBL shares as ‘Hold’, setting a target price of $7.50 on the company’s shares in a report dated August 16, 2024. Susquehanna August 09, 2024d the rating to Neutral on August 09, 2024, and set its price target from $14 to $6. HSBC Securities August 09, 2024d its ‘Buy’ rating to ‘Hold’ for BMBL, as published in its report on August 09, 2024. Stifel’s report from August 08, 2024 suggests a price prediction of $6.50 for BMBL shares, giving the stock a ‘Hold’ rating. JP Morgan also rated the stock as ‘Neutral’.
Analysis of Bumble Inc (BMBL)
Further, the quarter-over-quarter decrease in sales is -7.72%, showing a negative trend in the upcoming months.
One of the most important indicators of Bumble Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -46.57% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.83, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and BMBL is recording 4.12M average volume. On a monthly basis, the volatility of the stock is set at 5.98%, whereas on a weekly basis, it is put at 8.92%, with a gain of 33.26% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.53, showing decline from the present price of $5.85, which can serve as yet another indication of whether BMBL is worth investing in or should be passed over.
How Do You Analyze Bumble Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 33.22%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 71.70% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BMBL shares are owned by institutional investors to the tune of 71.70% at present.
