BMBL Stock Recent News

Bumble (BMBL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Bumble stock had a terrible 2024, reaching a bottom below $5/share after poor Q2 results. Busted growth has now led to revenue declines in Q4, and poorer profitability is expected by management in 2025. Compounding the negative news, Bumble was unable to field a complete audited set of financial results, leaving several unknowns.

Bumble faces significant challenges with declining paid users and revenue, exacerbated by industry-wide struggles and strategic missteps. Leadership changes, including the return of founder Whitney Wolfe Herd, signal deep-rooted issues that are not easily fixable. The company is signaling a further deceleration in revenue declines in Q1, widening the competitive rift between Bumble and the current industry growth leader, Hinge.

Bumble BMBL stock tanked after the company issued first-quarter revenue guidance below estimates and announced a quarter-over-quarter decline in paying app users.

Bumble Inc (NASDAQ:BMBL) shares plunged more than 26% after the social networking platform projected a decline in paying users and revenue for the first quarter.  The company guided revenue in the range of $242 million and $248 million for Q1, below estimates of $257.2 million.

Investors are reacting strongly to earnings reports from Toll Brothers Inc (NYSE:TOL) and Bumble Inc (NASDAQ:BMBL), sending both stocks sharply lower in early trading.

Bumble is discontinuing its two acquired apps, the dating and relationship apps Fruitz and Official. The move was shared during the company's fourth-quarter earnings call on Wednesday.

Bumble (BMBL) plunged after the company missed on earnings and continues to slide on revenue per user. Etsy Inc. (ETSY) saw similar issues in its report due to compressed consumer spending.

NEW YORK, NY / ACCESS Newswire / February 19, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bumble Inc. ("Bumble" or "the Company") (NASDAQ:BMBL). Investors who purchased Bumble securities prior to November 7, 2023, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/BMBL.

“Product-driven turnarounds take time,” said J.P Morgan.