Bumble's Valuation Hits an All-Time Low, Can Its Fortunes Change?
Bumble(BMBL) MarketBeat·2024-08-17 19:15
Bumble Today BMBL Bumble $6.00 +0.10 (+1.69%) 52-Week Range $4.80 ▼ $17.31 P/E Ratio 35.29 Price Target $9.62 Add to Watchlist Bumble NASDAQ: BMBL is one of the most well-known online dating companies in the world. After the firm's most recent earnings release on Aug. 7, its shares lost nearly a third of their value. Year-to-date, shares are down 60%. It is now at the lowest forward price-to-earnings multiple in its history, at 5.4x. This is also lower than 90% of firms in the U.S. communication services se ...