Citi lowered the firm’s price target on Bumble (BMBL) to $3.80 from $5.50 and keeps a Neutral rating on the shares as part of its 2026 outlook for the North America internet group. Bumble’s efforts to turn around the core business will likely drive payer declines in Q4, the analyst tells investors in a research note. The firm sees this trend continuing in 2026.
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Read More on BMBL:
- Bumble price target lowered to $4 from $5 at Jefferies
- Bumble price target lowered to $3.50 from $6 at Morgan Stanley
- Bumble price target lowered to $4.50 from $7 at Susquehanna
- Bumble’s Mixed Prospects: Hold Rating Amid Trust Challenges and Future Growth Opportunities
- Bumble price target lowered to $5 from $6.50 at UBS
