Bumble (BMBL)

• Market cap: $838M
• 1 day: 2.11%
• 5 days: -5.60%
• 1 month: 0.00%
• 3 months: 27.26%
• 6 months: -24.54%
• Year to date: -46.55%
• 1 year: -48.16%
• 5 years: -88.98%
• 10 years: -88.98%
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: Bumble Inc is engaged in offering online dating services. The company operates two apps, Bumble and Badoo, where users come every month to discover new people and connect.

Employees: 1,200

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 58

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

4% less funds holding

Funds holding: 200 [Q2] → 192 (-8) [Q3]

10.13% less ownership

Funds ownership: 97.69% [Q2] → 87.56% (-10.13%) [Q3]

15% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 53

28% less call options, than puts

Call options by funds: $16.2M | Put options by funds: $22.6M

45% less capital invested

Capital invested by funds: $1.3B [Q2] → $707M (-$588M) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $7 10% downside
• Avg. target: $8.20 6% upside
• High target: $10 29% upside

5 analyst ratings

• positive: 1 20%
• neutral: 4 80%
• negative: 0 0%

Susquehanna Shyam Patil 79% 1-year accuracy 45 / 57 met price target	3% upside $8	Neutral Maintained	11 Nov 2024
Stifel John Egbert 0 / 0 met price target	10% downside $7	Hold Maintained	7 Nov 2024
Citigroup Ygal Arounian 50% 1-year accuracy 8 / 16 met price target	3% upside $8	Neutral Maintained	7 Nov 2024
Goldman Sachs Alexandra Steiger 58% 1-year accuracy 11 / 19 met price target	29% upside $10	Buy Maintained	7 Nov 2024
Piper Sandler Matt Farrell 63% 1-year accuracy 10 / 16 met price target	3% upside $8	Neutral Reiterated	7 Nov 2024