Strategic Shifts | Explore Bumble's app refresh and international expansion efforts, aiming to reinvigorate growth amid user acquisition challenges in the U.S. market. |
Financial Health | Bumble maintains positive cash flow and healthy margins, with Q1 2024 revenue of $268 million and adjusted EBITDA of $74 million, exceeding expectations. |
Market Positioning | Delve into Bumble's unique woman-first approach and its position as a top-grossing dating app, facing competition in a maturing online dating industry. |
Future Outlook | Analysts project mid-teens EBITDA CAGR over three years, with price targets ranging from $8 to $18, reflecting varied views on Bumble's growth potential. |
Bumble Inc. provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products. The company operates apps, including Bumble, a dating app built with women at the center, where women make the first move; Badoo, the web and mobile free-to-use dating app; Official app where users connect their profile with that of their partner enabling a shared, linked product experience; Bumble BFF and Bumble Bizz Modes that have a format similar to the date mode requiring users to set up profiles and matching users through yes and no votes, similar to the dating platform; and Bumble for Friends, a friendship app where people in all stages of life can meet people nearby and create meaningful platonic connections, as well as Fruitz app is centered around encouraging honesty and transparency by sharing dating intentions from the first touch point. The company was founded in 2006 in and is headquartered in Austin, Texas.
Metrics to compare | BMBL | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipBMBLPeersSector | |
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P/E Ratio | 20.2x | −0.5x | 5.8x | |
PEG Ratio | 0.14 | −0.28 | 0.01 | |
Price/Book | 0.7x | 1.1x | 1.8x | |
Price / LTM Sales | 1.1x | 0.7x | 1.4x | |
Upside (Analyst Target) | 6.5% | 50.5% | 24.2% | |
Fair Value Upside | Unlock | 28.8% | 15.4% | Unlock |