Chris Kuntarich, an analyst from UBS, reiterated the Hold rating on Bumble. The associated price target was lowered to $5.00.
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Chris Kuntarich has given his Hold rating due to a combination of factors affecting Bumble’s current and future performance. The company’s recent earnings report showed a decrease in revenue growth and EBITDA projections for FY26, primarily due to challenges related to trust and safety initiatives. These initiatives have led to a decline in app downloads and payer numbers, which are expected to moderate as the company resumes targeted user acquisition and marketing efforts.
Despite these challenges, there are potential growth opportunities for Bumble. The planned launch of an AI-first, cloud-native platform in mid-2026 could enhance product personalization and iteration. Additionally, Bumble’s re-entry into performance marketing and the growing adoption of web-based and direct billing could provide long-term benefits. However, the uncertainty around the timing and impact of these initiatives contributes to the Hold rating, with a price target adjustment reflecting these mixed prospects.
In another report released on November 7, Evercore ISI also maintained a Hold rating on the stock with a $5.00 price target.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BMBL in relation to earlier this year.