How to Buy Bumble Stock
Bumble Inc
Bumble Inc. provides online dating and social networking platforms in North America, Europe, internationally. It owns and operates websites and applications that offers subscription and in-app purchases dating products.
Bumble stock last closed at $19.63, down 1.51% from the previous day, and has decreased 32.17% in one year. It has underperformed other stocks in the Software - Application industry by 0.05 percentage points. Bumble stock is currently +11.41% from its 52-week low of $17.62, and -50.09% from its 52-week high of $39.33.
There are currently 187.98M BMBL shares outstanding. The market cap of BMBL is $3.69B. In the last 24 hours, 1.64M BMBL shares were traded.
How to Buy Bumble Stock
Wondering how to invest in Bumble stock? Here's how.
- Decide where to buy Bumble stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Bumble stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your info.
- Analyze Bumble stock: The Bumble ticker symbol is BMBL. Is Bumble stock a good investment? Should you buy shares of BMBL? How do BMBL's underlying business fundamentals look? Do top analysts think Bumble is a good buy? Why has BMBL's stock price moved recently? (Hint: Our stock research website can help you decide if BMBL is a good stock to buy).
- Execute your BMBL purchase: Decide if you will purchase BMBL shares at the current market price or use a limit order to buy BMBL shares at a specific price.
- Get key alerts regarding your BMBL position: Create a watchlist to track your position in Bumble stock.
Step 1: Decide where to buy Bumble stock
You need a brokerage account in order to access the NASDAQ market and buy BMBL stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you are able to buy BMBL today.
How to Start a New Account on eToro
- Click here to get started.
- Provide your personal info to start a new brokerage account.
- Send your application by hitting the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you have finished signing up on apps for stock market, you need to deposit funds:
Watch the tutorial below for more details depositing money into your brokerage account.
Step 4: Analyze Bumble stock
Once you have figured out the best place to buy Bumble stock, it's critical to research their stock prior to investing, so you truly understand the risk and upside.
Bumble shares quick numbers
BMBL Fundamentals
WallStreetZen was created to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BMBL's stock page.
Is BMBL stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BMBL's true value.
Using relative valuations measures:
- BMBL could be undervalued based on its P/B ratio of 2.27x, relative to Software - Application industry P/B ratio of 5.01x
You can do more valuation analysis on BMBL's stock here.
Is BMBL a healthy company?
Pros:
- BMBL's operating cash flow of $132.94M allows it to safely service it's debt of $624.97M.
- There are more short-term assets than short-term liabilities on the BMBL balance sheet.
Cons:
- BMBL has a relatively high debt to equity ratio of 0.76.
- BMBL profit margin has gone down from 40.7% to -8.8% in the past year.
- There are more long-term liabilities than short-term assets on the BMBL balance sheet.
- BMBL earnings of -$52.28M is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy Bumble stock
Out of 15 Wall Street analysts who monitor BMBL, the consensus analyst rating on BMBL is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent BMBL Analyst Upgrades/Downgrades
Lauren Schenk, a bottom 1% analyst from Morgan Stanley maintains BMBL with a hold rating and raises their BMBL price target from $20.00 to $21.00, on Mar 20, 2023.
Ygal Arounian, a bottom 11% analyst from Citigroup initiates coverage on BMBL with a strong buy rating and announces their BMBL price target of $24.00, on Mar 17, 2023.
John Blackledge, a bottom 2% analyst from Cowen & Co. maintains BMBL with a buy rating and raises their BMBL price target from $33.00 to $35.00, on Feb 23, 2023.
Matt Farrell, a bottom 14% analyst from Piper Sandler maintains BMBL with a hold rating and lowers their BMBL price target from $27.00 to $25.00, on Feb 23, 2023.
Andrew Marok, a bottom 9% analyst from Raymond James maintains BMBL with a buy rating and raises their BMBL price target from $24.00 to $29.00, on Feb 23, 2023.
You can dive deeper into what analysts are saying on the Bumble stock forecast page.
BMBL Technical Indicators
How is BMBL performing as a company?
Last year, BMBL revenue was $903.50M. During the past four year, BMBL's revenue has grown by 25.86% per year. This was slower than the Software - Application industry average of 36.16%.
Find out more about BMBL's earnings and revenue performance here.
Are BMBL insiders buying or selling the stock?
Over the past year, executives and large shareholders at BMBL have sold more shares than they have bought.
Bcp Buzz Holdings LP, 10% Owner of BMBL, was the latest BMBL insider to sell. They sold $225,033.78 worth of BMBL shares on Mar 8, 2023.
Learn more about who owns BMBL shares here.
Does BMBL provide a stable income stream?
No, Bumble doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your BMBL purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Press the Open Trade button and your broker will place the order.
If you need more info about buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your BMBL position
Now that you own some BMBL stock, you'll want to stay up-to-date on your investment.
Create a watchlist to get alerted to the latest events about your BMBL stock.
BMBL Feed
How to Buy Stock in Bumble
To reiterate, here are the 6 steps for buying Bumble stock:
- Decide where to buy Bumble stock
- Create your brokerage account
- Deposit money your brokerage account
- Analyze Bumble stock
- Execute your BMBL purchase
- Get key alerts regarding your BMBL position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Bumble, add BMBL to your watchlist by clicking the button below.
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