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Bumble ( (BMBL) ) just unveiled an announcement.
On June 23, 2025, Bumble Inc. announced a significant reduction in its global workforce by approximately 240 roles, about 30% of its employees, as part of a strategic realignment to optimize execution on its priorities. The company expects to incur $13 million to $18 million in non-recurring charges due to this restructuring, with anticipated annual cost savings of up to $40 million, which will be reinvested in product and technology development. This move aims to enhance Bumble’s agility and focus on core product innovation, member health, and adapting to industry changes.
The most recent analyst rating on (BMBL) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Bumble stock, see the BMBL Stock Forecast page.
Spark’s Take on BMBL Stock
According to Spark, TipRanks’ AI Analyst, BMBL is a Neutral.
Bumble’s overall score reflects financial challenges with ongoing net losses despite revenue growth and efforts to improve operational efficiencies. Technical analysis suggests mild positive momentum, but valuation remains weak with a negative P/E ratio. The earnings call highlights strategic shifts and cost reduction efforts, providing a more optimistic long-term outlook.
To see Spark’s full report on BMBL stock, click here.
More about Bumble
Bumble Inc. operates in the online dating industry, offering platforms that focus on creating safe and empowering environments for users to form connections in love, friendship, and life.
Average Trading Volume: 3,006,150
Technical Sentiment Signal: Sell
Current Market Cap: $526.8M
For detailed information about BMBL stock, go to TipRanks’ Stock Analysis page.