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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 $10.25, down 0.19% from the previous day, and has decreased 41.43% in one year. It has underperformed other stocks in the Software - Application industry by 0.62 percentage points. Bumble stock is currently +4.27% from its 52-week low of $9.83, and -51.32% from its 52-week high of $21.06.

There are currently 177.54M BMBL shares outstanding. The market cap of BMBL is $1.82B. In the last 24 hours, 3.32M BMBL shares were traded.

How to Buy Bumble Stock

Wondering how to invest in Bumble stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Send your application by hitting the "Create Account" button.
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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.

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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 Price
$10.25
1w %
-4.65%
1y %
-41.43%
5y %
N/A
P/E
60.29x
P/B
1.13x
P/S
1.69x
PEG
0.54x
Revenue
$1.08B
Earnings
$22.02M
Fore. Rev. Growth
9.15%
Fore. Earn. Growth
112.47%
Market Cap
$1.82B
Next Earnings
Aug 6, 2024
Next Dividend
N/A

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 overvalued based on its P/E ratio of 60.29x, relative to Software - Application industry P/E ratio of 23.8x
  • BMBL may be undervalued based on its P/B ratio of 1.13x, relative to Software - Application industry P/B ratio of 6.28x
  • BMBL may be undervalued based on its PEG ratio of 0.54x

You can access more valuation analysis on BMBL's stock here.

BMBL Financial Health Overview

Pros:

  • BMBL's operating cash flow of $171.12M allows it to safely service it's debt of $619.93M.
  • BMBL profit margin has gone up from -10.4% to 2% in the past year.
  • There are more short-term assets than short-term liabilities on the BMBL balance sheet.

Cons:

  • There are more long-term liabilities than short-term assets on the BMBL balance sheet.
  • BMBL earnings of $59.28M is not sufficient to cover its interest payments.
  • BMBL has a relatively high debt to equity ratio of 0.78.

Is it a good time to buy BMBL stock, according to analysts?

Out of 10 Wall Street analysts who research BMBL, the consensus analyst rating on BMBL is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.

Most Recent BMBL Analyst Upgrades/Downgrades

Brian Nowak, a top 4% analyst from Morgan Stanley assumes BMBL with a hold rating and lowers their BMBL price target from $16.00 to $13.00, on Apr 18, 2024.

Shyam Patil, a top 13% analyst from Susquehanna maintains BMBL with a strong buy rating and lowers their BMBL price target from $17.00 to $14.00, on Feb 29, 2024.

Matt Farrell, a top 22% analyst from Piper Sandler reiterates BMBL with a hold rating and lowers their BMBL price target from $14.00 to $13.00, on Feb 28, 2024.

Brad Erickson, a top 4% analyst from RBC Capital reiterates BMBL with a buy rating and maintains their BMBL price target from $16.00 to $16.00, on Feb 28, 2024.

Cory Carpenter, a bottom 7% analyst from JP Morgan maintains BMBL with a strong buy rating and lowers their BMBL price target from $20.00 to $17.00, on Feb 28, 2024.

You can dig deeper into what analysts are projecting on the Bumble stock forecast page.

BMBL Momentum

SMA10
10.68
SMA20
11.13
SMA50
10.95
SMA100
11.45
SMA200
12.9
MACD
-0.26
MACD Signal
-0.11
MACD Histogram
-0.16
RSI
32.47
Stochastic %K
8.99
Stochastic %D
7.98
StochRSI %K
11.11
StochRSI %D
5.6

BMBL Earnings

Last year, BMBL earnings were $22.02M. Over the past three year, BMBL's earnings have gone up by -96.59% per year. This was slower than the Software - Application industry average of 18.55%.

Last year, BMBL revenue was $1.08B. In the past three year, BMBL's revenue has grown by 89.04% per year. This was faster than the Software - Application industry average of 30.29%.

Find out more about BMBL's earnings and revenue performance here.

What are BMBL executives and large shareholders up to?

In the last year, insiders at BMBL have sold more shares than they have bought.

Anuradha B. Subramanian, Chief Financial Officer of BMBL, was the latest BMBL insider to sell. They sold $56,426.22 worth of BMBL shares on Jun 10, 2024.

Dig into more about who owns BMBL stock 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

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Step 5: Execute your BMBL purchase

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.

Click the Open button and your broker will execute your order.

If you want more info about investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get key alerts regarding your BMBL position

Now that you own some shares in BMBL, you'll want to stay up-to-date on your new company.

Make a watchlist to track the most important metrics related to your BMBL stock.

BMBL Feed

How to Buy Stock in Bumble

To summarize, here are the 6 steps to buy Bumble stock:

  1. Decide where to buy Bumble stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Bumble stock
  5. Execute your BMBL purchase
  6. Get key alerts regarding your BMBL position

If you require a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Bumble, add BMBL to your watchlist below.

NASDAQ: BMBL
$10.25-0.02 (-0.19%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: BMBL
$10.25-0.02 (-0.19%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bumble share?

As of Jun 21, 2024, it costs $10.25 to buy one share of Bumble stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.488 shares of BMBL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Bumble stock?

According to 10 Wall Street analysts who monitor Bumble, their consensus recommendation is to buy Bumble stock.

What is the best way to buy Bumble stock?

One way to place an order for Bumble stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.