Bumble plumbs new low as revenue forecast cut, new strategy trigger turnaround concerns
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Susquehanna Downgrades Bumble Inc. (BMBL) to Neutral
August 9, 2024 6:12 AM EDTSusquehanna analyst Shyam Patil downgraded Bumble Inc. (NASDAQ: BMBL) from Positive to Neutral with a price target of $6.00 (from $14.00).
The analyst comments "Our thoughts. We are downgrading BMBL to Neutral, as the company is once again revamping its strategy and focus... More
Citi Downgrades Bumble Inc. (BMBL) to Neutral, Removes 30-Day Negative Catalyst Call
August 9, 2024 6:11 AM EDTCiti 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
Bumble Inc. (BMBL) PT Lowered to $10 at Loop Capital
August 8, 2024 7:19 AM EDTLoop 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 EDTCiti 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 EDTBTIG 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
