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

Bumble (NASDAQ:BMBL) posted its quarterly earnings results on Wednesday. The company reported ($0.84) EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($1.09), FiscalAI reports. The company had revenue of $210.53 million during the quarter, compared to the consensus estimate of $210.46 million. Bumble had a positive return on equity of 32.66% and a negative net margin of 72.04%.

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 Trading Down 5.0%

BMBL traded down $0.16 on Wednesday, hitting $3.04. The company had a trading volume of 4,487,761 shares, compared to its average volume of 3,575,675. The company has a market cap of $394.65 million, a PE ratio of -0.52, a PEG ratio of 0.10 and a beta of 1.87. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.58. The business’s fifty day simple moving average is $2.99 and its 200 day simple moving average is $3.28. Bumble has a 12-month low of $2.54 and a 12-month high of $7.95.

Insider Buying and Selling at Bumble

In related news, major shareholder Buzz Holdings L.P. Bcp sold 7,477,500 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $3.78, for a total value of $28,264,950.00. Following the sale, the insider directly owned 19,374 shares of the company’s stock, valued at $73,233.72. This represents a 99.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder – Nq L.L.C. Btoa sold 7,477,500 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $3.78, for a total transaction of $28,264,950.00. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 29,954,026 shares of company stock valued at $113,182,633. Insiders own 15.35% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Saba Capital Management L.P. raised its stake in Bumble by 52.6% in the fourth quarter. Saba Capital Management L.P. now owns 5,337,549 shares of the company’s stock worth $19,055,000 after buying an additional 1,838,923 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in Bumble during the 4th quarter worth about $3,516,000. Cubist Systematic Strategies LLC boosted its holdings in shares of Bumble by 3,714.4% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 923,093 shares of the company’s stock valued at $6,083,000 after acquiring an additional 898,893 shares during the last quarter. Barclays PLC raised its position in Bumble by 137.7% during the third quarter. Barclays PLC now owns 1,380,934 shares of the company’s stock valued at $8,410,000 after acquiring an additional 799,947 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Bumble by 75.8% in the fourth quarter. AQR Capital Management LLC now owns 1,616,696 shares of the company’s stock valued at $5,772,000 after buying an additional 697,322 shares in the last quarter. 94.85% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BMBL has been the subject of several research reports. Weiss Ratings lowered Bumble from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, May 7th. Raymond James Financial restated a “market perform” rating on shares of Bumble in a report on Thursday, June 25th. Wall Street Zen raised shares of Bumble from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $5.00 target price on shares of Bumble in a research note on Wednesday, May 6th. Finally, UBS Group increased their price target on Bumble from $4.00 to $4.50 and gave the company a “neutral” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $4.33.

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.