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Bumble Defies Download Drop With Strong Outlook As Stock Soars
Wednesday, June 25, 2025 - 4:25pm | 293Bumble Inc. (NASDAQ:BMBL) shares traded higher Wednesday, and JPMorgan weighed in on the stock. What To Know: In the note, the analyst was surprised by Bumble's 30% workforce reduction and even more so by the company's upward revision to its second-quarter revenue and adjusted EBITDA guidance....
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Tinder Parent Match Group Cuts 13% Of Workforce After Earnings Miss, Taps Gen Z Features Like 'Double Date' To Spark Growth
Friday, May 9, 2025 - 3:51am | 657Dating app giant Tinder, Hinge, and Match.com’s parent company, Match Group Inc. (NASDAQ:MTCH), missed estimates but announced restructuring plans spearheaded by new CEO Spencer Rascoff during its first quarter earnings call. What Happened: Rascoff unveiled a strategy focused on unifying the...
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Bumble Q4 Ahead: Stock Strength, Analyst Doubts, CEO Shakeup
Tuesday, February 18, 2025 - 12:36pm | 618Bumble Inc (NASDAQ:BMBL) will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects 19 cents in EPS and $260.47 million in revenues as the company reports after market hours. The stock is down 36.30% over the past year, up 6.15% YTD. Bumble’s Leadership Shakeup Bumble's...
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Match Group Divides Analysts Following Earnings: New Management 'Likely To Be Well Received'
Thursday, February 6, 2025 - 3:01pm | 430Online dating apps have struggled amid lulls in growth and user frustration with the services. Amid a change in leadership at Match Group Inc (NASDAQ:MTCH), two analysts have mixed feelings about the Dallas-based company’s prospects in 2025. The Match Group Analysts: On Wednesday, the...
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Market Swipes Left On Match Group Q4 Earnings, CEO Breakup
Tuesday, February 4, 2025 - 6:47pm | 336Match Group Inc (NASDAQ:MTCH) shares are facing selling pressure in extended trading Tuesday after the company reported fourth-quarter financial results and announced a CEO transition. Q4 Revenue: $860 million, versus estimates of $858.84 million Q4 EPS: 59 cents, versus estimates of 55 cents...
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Match Group, Bumble's Growth Stalls: Analyst Warns Of Challenging 2025
Friday, January 10, 2025 - 9:52am | 482The online dating industry may have hit its roughest patch yet. With global online dating spend flatlining at a projected 0% growth in 2025, JPMorgan analyst Cory Carpenter sees stagnation stemming from a lack of innovation and waning interest among younger users. While AI promises a future of...
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Bumble Shares Tumble By 45% In 2024: CFO Exit, Competition And Slowing Industry Growth Prompt Analyst To Downgrade The Stock
Friday, January 3, 2025 - 9:00am | 581Shares of Bumble Inc. (NASDAQ:BMBL) fell over 2% on Thursday and slipped further during pre-market trading on Friday as Wolfe Research analyst Shweta Khajuria downgraded the stock to “peer perform” from “outperform.” What Happened: Wolfe Research cited several risk factors...
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Match Group Analyst Flags Tinder Woes, Industry Challenges For Stock Downgrade
Wednesday, December 18, 2024 - 3:06pm | 457JPMorgan analyst Cory Carpenter downgraded Match Group (NASDAQ:MTCH) from Overweight to Neutral and lowered the price target from $40 to $33. Match is the leading online dating platform with an estimated ~50% share of global dating users across its portfolio of brands. Tinder is the largest and...
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Matchmaking For Hire: The Online Dating Side Hustle That Went Nowhere — 'I Couldn't Believe It'
Saturday, September 21, 2024 - 10:00am | 740Trying to find love in an increasingly digital world has led many to experiment with online dating, but endless scrolling of profiles and pictures can leave some feeling hopeless. One woman decided to post an ad on Craigslist offering to pay someone to pretend to...
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Tinder Finds Its Groove, Bumble Fumbles As Online Dating Sector Sees Mixed Q2 Results: JPMorgan
Wednesday, September 4, 2024 - 8:18am | 514The online dating industry had a somewhat awkward second quarter. Global spending showed a modest 3% year-over-year growth — in line with JPMorgan analysts’ expectations. Cory A Carpenter, Daniel Pfeiffer and Doug Anmuth shared their views on the online dating industry in the light of the...
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Struggling To Connect On Tinder, Grindr Or Bumble? Dating Apps Now Have An AI Wingman For You
Sunday, September 1, 2024 - 10:37pm | 660Leading online dating platforms such as Match Group Inc (NYSE:MTCH) owned Tinder and Hinge, Bumble Inc. (NASDAQ:BMBL), and Grindr Inc. (NYSE:GRND) are turning to AI-powered wingmen. What Happened: Dating apps are either developing or testing AI tools and chatbot...
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Bumble Stumbles On 'Ability To Achieve Wider Industry Growth': Analyst
Monday, August 12, 2024 - 5:48pm | 466Bumble Inc.’s (NASDAQ:BMBL) plummet last week following a notable miss on revenue underscored the company’s inability to flourish in the competitive world of dating apps, an analyst said. Bumble fell 30% after last Wednesday’s closing bell after the company’s second-quarter...
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'Magnitude' Of Misexecution At Bumble Comes As 'Surprise': Analysts Slash Forecasts Following Q2 Earnings
Thursday, August 8, 2024 - 12:08pm | 718Bumble Inc (NASDAQ:BMBL) shares are getting stung Thursday as investors flee on fears that financials will be negatively impacted in the short term as the company embarks on a journey to reignite user growth. Analysts largely agree the turnaround is going to take time. What To Know: JPMorgan...
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Bumble Vs. Match Group: A Strategic Showdown In Online Dating
Wednesday, May 22, 2024 - 8:58am | 594In the dynamic world of online dating, Bumble Inc (NASDAQ:BMBL) and Match Group Inc (NASDAQ:MTCH) stand out as prominent players. Each company’s apps and services have distinct strategies and market approaches. Both companies recently shared insights at the JPMorgan TMC Conference, providing...
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Bullish On Bumble: Analyst Predicts Growth From New Features
Friday, May 10, 2024 - 2:55pm | 354Amid struggles in a highly saturated market and earnings misses, Bumble Inc. (NASDAQ:BMBL) has seen a steep drop in share price since its 2021 initial public offering. However, an analyst has raised the company’s rating after seeing encouraging signs that surpass Wall Street forecasts. The...