Form 8-K Bumble Inc. For: Aug 07

Go back to Form 8-K Bumble Inc. For: Aug 07

Bumble Inc. (BMBL) PT Lowered to $10 at Loop Capital

August 8, 2024 7:19 AM EDT

Loop Capital analyst Laura Champine lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $10.00 (from $15.00) while maintaining a Buy rating.

The analyst comments "We are reiterating our Buy rating but cutting our price target on Bumble from $15 to $10 today. We're cutting our... More

Citi Downgrades Bumble Inc. (BMBL) to Neutral

August 8, 2024 7:13 AM EDT

Citi analyst Ygal Arounian downgraded Bumble Inc. (NASDAQ: BMBL) from Buy to Neutral with a price target of $6.00 (from $12.00).

The analyst comments "We downgrade BMBL shares to Neutral from Buy after a disappointing outlook stemming from a total rebuild of the... More

BTIG Downgrades Bumble Inc. (BMBL) to Neutral

August 8, 2024 6:43 AM EDT

BTIG analyst Jake Fuller downgraded Bumble Inc. (NASDAQ: BMBL) from Buy to Neutral.

The analyst comments "We downgrade BMBL from Buy to Neutral with a deep cut to estimates with Bumble app payers and revenue expected to go negative in 2H. As we learned... More

Bumble Inc. (BMBL) PT Lowered to $8 at RBC Capital

August 8, 2024 6:19 AM EDT

RBC Capital analyst Brad Erickson lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $8.00 (from $16.00) while maintaining a Outperform rating.

The analyst comments "To say BMBL had a tough qtr would be an understatement. Through a combination of top-of-funnel softness and self-inflicted... More

Evercore ISI Downgrades Bumble Inc. (BMBL) to In Line

August 8, 2024 5:16 AM EDT

Evercore ISI analyst Mark Mahaney downgraded Bumble Inc. (NASDAQ: BMBL) from Outperform to In Line with a price target of $8.00 (from $18.00).

The analyst comments "We are downgrading BMBL to In-Line with $8 PT in the wake of a Modest Miss & Materially Lower Q2 EPS result. Q2... More

Bumble Inc. (BMBL) PT Lowered to $7 at Wolfe Research

August 8, 2024 5:03 AM EDT

Wolfe Research analyst Shweta Khajuria lowered the price target on Bumble Inc. (NASDAQ: BMBL) to $7.00 (from $14.00) while maintaining a Outperform rating.

The analyst comments "Our OP rating is based on our belief that the company's new leadership team is taking the right actions on... More