2023: Analysts Give Bumble a Consensus Recommendation of “Moderate Buy”
March 30, 2023
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Analysts have given Bumble Inc ($NASDAQ:BMBL). a consensus recommendation of “Moderate Buy” for 2023. This assessment is based on the company’s performance in recent quarters, as well as its prospects for the future. According to the analysts, Bumble Inc. has displayed strong fundamentals, and its current trajectory suggests that it is likely to remain strong over the next several years. The company’s innovative product offerings and customer service have earned it an impressive customer base, and its technology has allowed it to create a competitive advantage in the market. It has also been able to successfully leverage its resources to expand its reach and gain new customers. This has resulted in increased market share and revenue generation.
In addition, Bumble Inc. has been able to keep expenses low while investing in research and development, ensuring that it can remain competitive and continue to provide high-quality services for its customers. Its focus on innovation has allowed it to remain at the forefront of technological advances and make sure that its products are up to date with the latest trends.
Stock Price
So far, media coverage of the company has been mostly mixed. Last Monday, Bumble Inc‘s stock opened at $19.0 and closed at $19.7, gaining 4.7% from its previous closing price of $18.9. This increase in stock price indicates that the market is optimistic about the prospects of the company. It will be interesting to see if the analysts’ consensus recommendation will be reflected in the company’s performance come 2023. 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 |
| 903.5 | -79.75 | -8.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bumble Inc. More…
| Operations | Investing | Financing |
| 132.94 | -86.05 | -14.95 |
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 |
| 3.69k | 1.24k | 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 |
| 22.7% | – | -11.4% |
| FCF Margin | ROE | ROA |
| 12.9% | -3.9% | -1.7% |
Analysis
As GoodWhale, we conducted an analysis of BUMBLE INC‘s fundamentals and according to our Star Chart, BUMBLE INC is strong in growth and profitability and weak in assets and dividend. After careful consideration, we classify BUMBLE INC as a ‘cheetah’ type of company – one that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company may be attractive to investors looking for a higher potential return, as the stock price may grow faster than a more stable company. We believe BUMBLE INC has a high health score of 8/10 with regard to its cashflows and debt, suggesting that the company is capable of sustaining future operations in times of crisis. More…
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. has been receiving mixed reviews from the media so far, but analysts have given the company a consensus recommendation of “Moderate Buy”. Following the analyst’s advice, the stock price has moved up on the same day. Investing in Bumble Inc. can be seen as a relatively safe option with some potential for upside, as long as investors keep up to date with the news and analyst reviews. It is important to research the company and its industry before making any investment decisions, as there is always a risk of loss of capital.
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