Morgan Stanley has adjusted its price target for Bumble (BMBL, Financial), bringing it down to $5.50 from the previous $6. The financial firm maintains an Equal Weight rating on the dating app's shares, indicating a neutral stance on the stock's potential performance.
The revision comes as part of a broader recalibration of forecasts across Morgan Stanley's North American internet stock coverage. This shift reflects anticipated macroeconomic pressures and the potential impact of tariffs on e-commerce and digital advertising sectors. Analyst Nathan Feather highlights these external factors as key considerations influencing the updated projections for Bumble and similar companies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Bumble Inc (BMBL, Financial) is $6.16 with a high estimate of $8.00 and a low estimate of $4.90. The average target implies an upside of 53.54% from the current price of $4.01. More detailed estimate data can be found on the Bumble Inc (BMBL) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Bumble Inc's (BMBL, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Bumble Inc (BMBL, Financial) in one year is $22.80, suggesting a upside of 468.58% from the current price of $4.01. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Bumble Inc (BMBL) Summary page.
