Group 1 - Bumble Inc. (BMBL) stock closed at $8.41, reflecting a +1.08% increase, outperforming the S&P 500's gain of 0.53% on the same day [1] - Over the past month, Bumble Inc. stock has risen by 2.21%, contrasting with a 0.75% decline in the Computer and Technology sector and a 1.24% gain in the S&P 500 [1] - The upcoming earnings report on February 18, 2025, is expected to show earnings of $0.19 per share, indicating a year-over-year growth of 200%, while revenue is projected at $259.88 million, down 5.03% from the same quarter last year [2] Group 2 - Recent changes in analyst estimates for Bumble Inc. suggest a positive outlook, reflecting optimism about the company's business and profitability [3] - The Zacks Rank system, which evaluates estimate revisions, indicates that Bumble Inc. currently holds a Zacks Rank of 3 (Hold) [5] - Bumble Inc. has a Forward P/E ratio of 9.27, significantly lower than the industry average of 30.73, indicating a valuation discount [6] Group 3 - The Internet - Software industry, which includes Bumble Inc., has a Zacks Industry Rank of 47, placing it in the top 19% of over 250 industries [6] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Company Leadership Changes - Bumble founder Whitney Wolfe Herd will return as CEO in March, replacing Lidiane Jones, who steps down after a tenure marked by a nearly 50% decline in the company's shares [1] - The company announced the departure of CFO Anu Subramanian, who played a key role in its 2021 IPO, and marketing head Selby Drummond [3] - Lead director Ann Mather has been appointed as chair of Bumble's board [3] Financial Performance and Forecasts - Bumble expects to exceed its Q4 revenue forecast, with projected revenue between $256 million and $262 million and adjusted core profit between $70 million and $73 million [4] - The company's shares closed down 1.6% at $7.70 [3] - Bumble experienced its first decline in quarterly sales since going public in 2021, signaling slower growth [6] Industry Challenges - Sticky inflation and a lack of major new features have impacted growth across the dating app industry, including larger rival Match Group (owner of Tinder) [2][6] - The post-pandemic boom in dating apps has slowed, leading to executive shake-ups at companies in the sector [2] Product and Market Strategy - Bumble launched a refreshed app and new features last year, but these efforts have yet to gain significant traction, particularly among Gen Z, a key demographic for advertisers [6]

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023. Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will continue her role at Bumble until the transition takes effect in mid-March.  It’s not uncommon for founders to return as CEOs. Notable examples include Jack Dorsey’s return to Twitter and Steve Jobs’s return to Apple. The reasons fo ...

Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little over a year after she stepped down from the role, the company announced Friday.The company's current CEO Lidiane Jones has resigned for "personal reasons," Bumble said. Jones previously served as the CEO of Salesforce's cloud-based messaging platform Slack. She will continue to helm Bumble until Wolfe Herd takes over in mid-March."I am deeply grateful for the transformative work Lidiane has led during such a pivotal time for Bumbl ...

Bumble Inc. (BMBL) closed the latest trading day at $7.56, indicating no change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 1.54%. Elsewhere, the Dow saw a downswing of 1.63%, while the tech-heavy Nasdaq depreciated by 1.63%.The the stock of company has fallen by 8.7% in the past month, lagging the Computer and Technology sector's gain of 0.11% and the S&P 500's loss of 2.2%.Market participants will be closely following the financial results of Bumble In ...

Technology Sector Performance - The technology sector was the backbone of the stock market's exceptional performance in 2024, with the Nasdaq Composite Index surging 31.4%, outpacing the S&P 500's 25.2% rise and the Dow Jones Industrial Average's 14.1% climb [1] - The sector's growth trajectory shows no signs of slowing, driven by AI, cybersecurity, 5G, blockchain, and autonomous vehicles, with worldwide IT spending forecasted to rise 9.3% to $5.74 trillion in 2025 [2] Key Growth Drivers - Rapid adoption of AI and high-performance computing solutions fueled growth, with semiconductor companies thriving due to enterprise integration of generative AI and advanced analytics [16] - The cloud computing boom remained strong, with businesses adopting hybrid and multi-cloud solutions to streamline operations and cut costs [16] Affordable Tech Stocks Under $10 - Four tech companies trading under $10 were identified as potential investment opportunities: Stratasys (SSYS), Phunware (PHUN), Bumble (BMBL), and VTEX (VTEX) [3] - These stocks offer exposure to the sector's growth potential while keeping investments accessible, with favorable Growth Scores and Zacks Ranks [10][18] Company Highlights - **Stratasys (SSYS)**: Priced at $9.15, the company benefits from increased demand for 3D-printed equipment across industries, with a Zacks Consensus Estimate for 2025 earnings moving up to 33 cents per share [5][12][19] - **Phunware (PHUN)**: Priced at $5.73, the company's growth is driven by its mobile engagement platform, with a narrowed Zacks Consensus Estimate for 2025 loss to 84 cents per share [6][13][20] - **Bumble (BMBL)**: Priced at $8.02, the company's unique women-first approach to online dating drives growth, with a Zacks Consensus Estimate for 2025 earnings moving up to 86 cents per share [7][14][21] - **VTEX (VTEX)**: Priced at $5.75, the company's robust digital commerce platform drives growth, with a Zacks Consensus Estimate for 2025 earnings moving up to 16 cents per share [8][15][22] Macroeconomic Factors - Improving macroeconomic conditions, including Federal Reserve interest rate cuts and stabilizing inflation, boosted investor confidence in growth-oriented tech stocks [9] - Supply-chain recoveries revitalized the hardware segment, contributing to the sector's robust performance [9]

Bumble (NASDAQ: BMBL ) stock has performed quite well since I have argued that shares are a "Strong Buy", following the 40% DoD back in August. Since the publication of the article shares are up about 25%, while the S&P 500 (Experience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague and close friend of Investor ExpressAnalyst ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

SAN DIEGO, Nov. 23, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Bumble Inc. (NASDAQ: BMBL) securities between November 7, 2023 and August 7, 2024, both dates inclusive (the "Class Period"), have until this upcoming Monday, November 25, 2024 to seek appointment as lead plaintiff of the Bumble class action lawsuit. Captioned Holzer v. Bumble Inc., No. 24- cv-01131 (W.D. Tex.), the Bumble class action lawsuit charges Bumble as well as certain of Bumble's top ...

NEW YORK, Nov. 22, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bumble Inc. (NASDAQ: BMBL).Shareholders who purchased shares of BMBL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bumble-loss-submission-form/?id=112964&from=4CLASS PERIOD: November 7, 2023 to August 7, 2024 ...