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 $10.19, down 1.55% from the previous day, and has decreased 42.1% in one year. It has underperformed other stocks in the Software - Application industry by 0.67 percentage points. Bumble stock is currently +2.52% from its 52-week low of $9.94, and -51.6% from its 52-week high of $21.06.
There are currently 180.76M BMBL shares outstanding. The market cap of BMBL is $1.84B. In the last 24 hours, 2.18M 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:
- Invest in stocks with zero commissions: Invest without commissions.
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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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
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 1.13x, relative to Software - Application industry P/B ratio of 6.55x
You can do more valuation analysis on BMBL's stock here.
Is BMBL a healthy company?
Pros:
- BMBL's operating cash flow of $182.09M allows it to safely service it's debt of $620.93M.
- There are more short-term assets than short-term liabilities on the BMBL balance sheet.
- Total BMBL debt is lower than 5 years ago, relative to shareholder equity.
- BMBL profit margin has gone up from -8.8% to -0.4% in the past year.
Cons:
- BMBL earnings of $24.49M is not sufficient to cover its interest payments.
- BMBL has a relatively high debt to equity ratio of 0.79.
- There are more long-term liabilities than short-term assets on the BMBL balance sheet.
Is it a good time to buy Bumble stock, according to Wall Street analysts?
Out of 10 Wall Street analysts who track BMBL, the consensus analyst rating on BMBL is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent BMBL Analyst Recommendations
Justin Patterson, a top 11% analyst from KeyBanc maintains BMBL with a strong buy rating and lowers their BMBL price target from $20.00 to $18.00, on Feb 28, 2024.
Ken Gawrelski, a top 17% analyst from Wells Fargo initiates coverage on BMBL with a strong buy rating and announces their BMBL price target of $19.00, on Dec 7, 2023.
Curtis Nagle, a top 14% analyst from Bank of America maintains BMBL with a hold rating and raises their BMBL price target from $15.50 to $16.50, on Dec 5, 2023.
Alexandra Steiger, a bottom 8% analyst from Goldman Sachs maintains BMBL with a strong buy rating and lowers their BMBL price target from $23.00 to $20.00, on Nov 9, 2023.
Andrew Marok, a top 32% analyst from Raymond James maintains BMBL with a buy rating and lowers their BMBL price target from $22.00 to $17.00, on Nov 8, 2023.
You can dive deeper into what analysts are projecting on the Bumble stock forecast page.
BMBL Technical Indicators
BMBL Performance Numbers
Last year, BMBL revenue was $1.05B. Over the last 5 year, BMBL's revenue has gone up by 23.91% per year. This was slower than the Software - Application industry average of 27.65%.
Dive into BMBL's earnings and revenue performance here.
Who is buying/selling BMBL?
In the last year, executives and large shareholders 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 $15,356.55 worth of BMBL stock on Mar 29, 2024.
Get more info 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.
BMBL Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your BMBL purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your BMBL position
Now that you own some shares in BMBL, you'll want to keep up with your investment.
Add BMBL to a watchlist to monitor your BMBL stock.
BMBL Feed
How to Buy Stock in Bumble
To reiterate, here are the 6 steps you need to take to buy Bumble stock right now:
- 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 require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Bumble, create a watchlist today.
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