Bumble Inc. (BMBL) Outperforms Broader Market: What You Need to Know
The latest trading day saw Bumble Inc. (BMBL) settling at $3.01, representing a +1.69% change from its previous close.
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.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Bumble Inc. (BMBL): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).