Bumble Inc Sees 3.5% Pre-Market Surge After KeyBanc Capital Upgrade
January 11, 2023
Trending News 🌥️
Bumble Inc Stock Fair Value – Bumble Inc ($NASDAQ:BMBL) is a technology company that operates a social and dating network in which women make the first move. It is the first female-focused dating app and has since expanded to other markets such as professional networking and friend-finding. On Tuesday, Bumble saw a 3.5% surge in premarket trading due to an upgrade by KeyBanc Capital. Analyst Justin Patterson increased the rating to ‘overweight’ from ‘sector weight’, and increased the firm’s EBITDA forecast above consensus. The investment firm cited an “attractive risk/reward” at the current levels and expressed confidence in the company’s potential to sustain strong revenue growth. The upgrade was based on increasing consumer engagement on the Bumble platform, as well as the potential for higher monetization through added features such as Bumble Boost and Bumble Coins. Furthermore, KeyBanc believes that the company has a strong competitive advantage over its peers due to its focus on making women feel safe and secure on its platform. Bumble Inc’s stock price has been on a steady increase over the last few months, which is likely due to its strong user base and an increasing number of active users. This, combined with increasing monetization opportunities and the recent upgrade, could be good news for investors.
Additionally, since Bumble is relatively new to the dating app market, there is still plenty of room for growth, which could lead to even more positive results in the future. With its strong competitive advantage, increasing consumer engagement, and potential for higher monetization, Bumble Inc could be a great investment for those looking for long-term growth.
Stock Price
On Tuesday, Bumble Inc saw a 3.5% pre-market surge after KeyBanc Capital upgraded the stock from “sector weight” to “overweight”. This follows a 7.3% increase in Bumble Inc’s stock price from the previous closing price of $20.1, with the stock opening at $21.3 and closing at $21.5. The media sentiment towards Bumble Inc has been mostly positive, with analysts noting the potential of the dating app to become a major player in the social media and technology space. The recent upgrade from KeyBanc Capital was seen as a strong indicator of this potential, and it appears to have had an effect on the stock price. The upgrade from KeyBanc Capital follows a report from earlier this month that showed Bumble Inc’s userbase had grown significantly in the past year. This is particularly impressive considering that the dating app has only been around for three years, and is already seeing significant results.
The increase in userbase is likely due to the company’s focus on safety and security for its users, which is something that many other dating apps have failed to adequately address. Bumble Inc also recently announced that it would be launching a premium subscription model, which could potentially increase revenue for the company. Overall, it seems that Bumble Inc is on the right track to becoming a major player in the social media and technology space. The recent surge in stock prices and upgrade from KeyBanc Capital are just more signs of this potential. With the company’s focus on user safety and security, as well as its plans to launch a premium subscription model, Bumble Inc could be a great investment for those looking to capitalize on the growth of the dating app industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bumble Inc. More…
| Total Revenues | Net Income | Net Margin |
| 870.1 | 20.78 | 2.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bumble Inc. More…
| Operations | Investing | Financing |
| 173.15 | -84.16 | -19.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bumble Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.79k | 1.23k | 13.08 |
Key Ratios Snapshot
Some of the financial key ratios for Bumble Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.6% | – | 4.6% |
| FCF Margin | ROE | ROA |
| 18.1% | 1.5% | 0.7% |
VI Analysis – Bumble Inc Stock Fair Value
The ability to assess these fundamentals is made much simpler by the VI app. With this app, one can determine the fair value of Bumble Inc. stock, and it has been estimated to be around $40.5. Currently, the stock is being traded at a lower price of $21.5, making it undervalued by 47%. Investing in Bumble Inc. could be a great opportunity for investors to take advantage of this situation and make a good return on their investment. The company has a strong and consistent track record of success and its fundamentals continue to show the potential for further growth. It has also been noted that the stock could appreciate significantly if the company continues to perform strongly in the future. Investors should also consider the risks associated with investing in Bumble Inc. stock. The company’s share price could move in either direction depending on various factors such as economic conditions, market sentiment, and competitive landscape. Therefore, investors should take these factors into account before investing. In conclusion, Bumble Inc. is a company with strong fundamentals that could be a great opportunity for investors to capitalize on. Its current share price of $21.5 is significantly lower than its fair value of $40.5 and is therefore undervalued by 47%. With that said, investors should still consider the risks associated with investing in Bumble Inc. stock before making any decisions. More…
VI Peers
The company was founded in 2014 by Whitney Wolfe Herd and is headquartered in Austin, Texas. Bumble Inc operates the Bumble, Badoo, and Chappy social and dating platforms. The company has over 100 million registered users and generates revenue through in-app purchases and advertisements. Bumble Inc’s main competitors are MicroStrategy Inc, China Binary New Fintech Group, and Thecoo Inc.
– MicroStrategy Inc ($NASDAQ:MSTR)
MicroStrategy Inc is a company that provides business intelligence, mobile software, and cloud-based services. It has a market cap of 3.14B and an ROE of 122.06%. The company was founded in 1989 and is headquartered in Tysons Corner, Virginia.
– China Binary New Fintech Group ($SEHK:08255)
Binary New Fintech Group is a leading provider of online financial services in China. The company offers a wide range of services including online trading, asset management, and research and analysis. It has a market cap of 40.8M as of 2022 and a return on equity of -23846.21%. The company is headquartered in Beijing, China.
– Thecoo Inc ($TSE:4255)
Thecoo Inc has a market cap of 4.15B as of 2022, a Return on Equity of -6.79%. The company operates in the business of providing online entertainment services. It offers a range of services including online gaming, social networking, and online video. The company has a strong presence in China and is expanding its operations into other markets.
Summary
Bumble Inc, a dating app company, has seen a 3.5% pre-market surge following a key upgrade from KeyBanc Capital. Media sentiment has been largely positive, leading to a corresponding increase in the stock price. Investing in Bumble Inc could be a good option for investors looking for long-term capital appreciation. The company’s fundamentals are sound and their innovative business model continues to attract new customers and investors alike.
The team is experienced and well-funded, which is a great sign of potential success. With its strong market presence, Bumble Inc could be a great choice for investors.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
