Some sunshine with a thunderstorm or two possible this afternoon. A few storms may be severe. High 83F. Winds WSW at 10 to 15 mph. Chance of rain 30%..
Tonight
Some clouds this evening will give way to mainly clear skies overnight. Low 62F. Winds NW at 5 to 10 mph.
Bumble Inc. (BMBL) ended the recent trading session at $3.01, demonstrating a +1.69% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.21% for the day. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq depreciated by 0.22%.
The company's stock has dropped by 7.5% in the past month, falling short of the Computer and Technology sector's loss of 2.91% and the S&P 500's gain of 1.7%.
The investment community will be closely monitoring the performance of Bumble Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on August 5, 2026. The company's upcoming EPS is projected at $0.25, signifying a 60.94% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $210.28 million, indicating a 15.29% downward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.03 per share and a revenue of $834.42 million, representing changes of +117.08% and -13.59%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Bumble Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 4.06% higher. Bumble Inc. presently features a Zacks Rank of #3 (Hold).
In terms of valuation, Bumble Inc. is presently being traded at a Forward P/E ratio of 2.87. This signifies a discount in comparison to the average Forward P/E of 19.97 for its industry.
We can additionally observe that BMBL currently boasts a PEG ratio of 0.1. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Internet - Software industry stood at 1.12 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 93, this industry ranks in the top 38% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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