Bumble (NASDAQ:BMBL) Releases Quarterly Earnings Results, Misses Expectations By $1.09 EPS

Bumble (NASDAQ:BMBL) issued its quarterly earnings results on Wednesday. The company reported ($0.84) earnings per share for the quarter, missing the consensus estimate of $0.25 by ($1.09), FiscalAI reports. Bumble had a positive return on equity of 33.68% and a negative net margin of 58.99%.The business had revenue of $210.53 million during the quarter, compared to analysts’ expectations of $210.46 million. During the same quarter in the previous year, the company posted ($2.45) earnings per share. The company’s quarterly revenue was down 15.2% compared to the same quarter last year.

Here are the key takeaways from Bumble’s conference call:

• Technology migration delayed the product roadmap. Bumble’s move to its new cloud-based technology platform is running about two months late because of data volume and complexity, pushing the new interaction model into very early 2027, though management expects substantially faster product and algorithm development once completed.
• Early product tests showed improved chat initiation, matches, and mutual conversations after changes to opening messages, response windows, and recommendation algorithms. Bumble plans to roll these updates out globally by the end of August.
• The company is preparing to reinvest in brand marketing beginning in the third quarter, targeting younger users through creators, communities, and local experiences. Management believes Bumble has strong favorability among existing users and that the main opportunity is rebuilding awareness among younger cohorts.
• Bumble is testing a more compelling free product, including limited access to the “Liked You” feature, alongside simpler subscription tiers and a potential higher-priced tier. Early tests increased votes, matches, and mutual chats, but the company is applying guardrails to limit potential impacts on revenue per user and payer conversion.
• Second-quarter revenue fell to $211 million from $248 million year over year, while adjusted EBITDA declined to $73 million from $95 million. Third-quarter guidance calls for revenue of $205 million–$213 million and adjusted EBITDA of $56 million–$60 million, with margins expected to normalize as technology, talent, and marketing investments increase.

Bumble Stock Down 0.2%

NASDAQ:BMBL traded down $0.01 during trading hours on Friday, reaching $2.85. The company’s stock had a trading volume of 422,733 shares, compared to its average volume of 3,555,471. The company has a market capitalization of $369.34 million, a P/E ratio of -0.67, a price-to-earnings-growth ratio of 0.10 and a beta of 1.87. Bumble has a 12 month low of $2.54 and a 12 month high of $7.37. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a 50 day moving average price of $2.98 and a two-hundred day moving average price of $3.27.

Insider Buying and Selling at Bumble

In other news, major shareholder Holdings Gp Man Blackstone III sold 7,477,500 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total value of $28,264,950.00. Following the completion of the transaction, the insider directly owned 19,374 shares of the company’s stock, valued at approximately $73,233.72. The trade was a 99.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder – Nq L.L.C. Btoa sold 7,477,500 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total value of $28,264,950.00. Following the sale, the insider owned 19,374 shares of the company’s stock, valued at $73,233.72. This trade represents a 99.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 29,954,026 shares of company stock worth $113,182,633. 15.35% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. RPO LLC purchased a new position in Bumble during the 4th quarter worth $66,000. WINTON GROUP Ltd purchased a new stake in Bumble in the fourth quarter valued at about $56,000. State of Wyoming raised its stake in Bumble by 59.8% in the fourth quarter. State of Wyoming now owns 12,017 shares of the company’s stock valued at $43,000 after buying an additional 4,499 shares during the last quarter. Quarry LP boosted its holdings in Bumble by 7,102.4% in the third quarter. Quarry LP now owns 12,028 shares of the company’s stock worth $73,000 after acquiring an additional 11,861 shares in the last quarter. Finally, Numerai GP LLC acquired a new stake in Bumble in the third quarter worth about $78,000. Institutional investors own 94.85% of the company’s stock.

Analyst Upgrades and Downgrades

BMBL has been the topic of a number of recent analyst reports. UBS Group increased their target price on Bumble from $4.00 to $4.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Bumble in a research note on Tuesday. Citigroup decreased their price objective on shares of Bumble from $3.90 to $3.60 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Raymond James Financial reissued a “market perform” rating on shares of Bumble in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $5.00 target price on shares of Bumble in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Bumble presently has an average rating of “Reduce” and an average price target of $4.08.

About Bumble

Bumble Inc operates a technology platform designed to facilitate social and professional connections through its suite of apps, most notably the flagship Bumble dating app. The company’s core premise is to empower users—particularly women—to make the first move, helping to reshape traditional dating dynamics. In addition to its dating function, Bumble offers mode-switching features that allow users to find friends through “Bumble BFF” or pursue professional networking opportunities via “Bumble Bizz.”

Beyond the Bumble app, the company also owns and operates Badoo, a social discovery platform with a substantial global footprint, particularly in Europe and Latin America.