Group 1 - Bumble Inc. (BMBL) stock closed at $8.41, reflecting a +1.08% increase, outperforming the S&P 500's gain of 0.53% on the same day [1] - Over the past month, Bumble Inc. stock has risen by 2.21%, contrasting with a 0.75% decline in the Computer and Technology sector and a 1.24% gain in the S&P 500 [1] - The upcoming earnings report on February 18, 2025, is expected to show earnings of $0.19 per share, indicating a year-over-year growth of 200%, while revenue is projected at $259.88 million, down 5.03% from the same quarter last year [2] Group 2 - Recent changes in analyst estimates for Bumble Inc. suggest a positive outlook, reflecting optimism about the company's business and profitability [3] - The Zacks Rank system, which evaluates estimate revisions, indicates that Bumble Inc. currently holds a Zacks Rank of 3 (Hold) [5] - Bumble Inc. has a Forward P/E ratio of 9.27, significantly lower than the industry average of 30.73, indicating a valuation discount [6] Group 3 - The Internet - Software industry, which includes Bumble Inc., has a Zacks Industry Rank of 47, placing it in the top 19% of over 250 industries [6] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Company Leadership Changes - Bumble founder Whitney Wolfe Herd will return as CEO in March, replacing Lidiane Jones, who steps down after a tenure marked by a nearly 50% decline in the company's shares [1] - The company announced the departure of CFO Anu Subramanian, who played a key role in its 2021 IPO, and marketing head Selby Drummond [3] - Lead director Ann Mather has been appointed as chair of Bumble's board [3] Financial Performance and Forecasts - Bumble expects to exceed its Q4 revenue forecast, with projected revenue between $256 million and $262 million and adjusted core profit between $70 million and $73 million [4] - The company's shares closed down 1.6% at $7.70 [3] - Bumble experienced its first decline in quarterly sales since going public in 2021, signaling slower growth [6] Industry Challenges - Sticky inflation and a lack of major new features have impacted growth across the dating app industry, including larger rival Match Group (owner of Tinder) [2][6] - The post-pandemic boom in dating apps has slowed, leading to executive shake-ups at companies in the sector [2] Product and Market Strategy - Bumble launched a refreshed app and new features last year, but these efforts have yet to gain significant traction, particularly among Gen Z, a key demographic for advertisers [6]

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023. Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will continue her role at Bumble until the transition takes effect in mid-March.  It’s not uncommon for founders to return as CEOs. Notable examples include Jack Dorsey’s return to Twitter and Steve Jobs’s return to Apple. The reasons fo ...

Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little over a year after she stepped down from the role, the company announced Friday.The company's current CEO Lidiane Jones has resigned for "personal reasons," Bumble said. Jones previously served as the CEO of Salesforce's cloud-based messaging platform Slack. She will continue to helm Bumble until Wolfe Herd takes over in mid-March."I am deeply grateful for the transformative work Lidiane has led during such a pivotal time for Bumbl ...

Financial Estimates and Adjustments - Bumble Inc. announced preliminary financial estimates for Q4 2024, with results subject to finalization and potential adjustments[4][5] - The company has not reconciled the expected adjusted EBITDA range due to unavailability of certain tax-related adjustments[6] Leadership Changes - Whitney Wolfe Herd will return as CEO effective March 17, 2025, following the resignation of Lidiane Jones[7] - Lidiane Jones will remain employed during a transition period until April 13, 2025[7] - New compensation terms for Whitney Wolfe Herd as CEO will be disclosed at a later date[10] Board of Directors - The Board reduced its size to ten directors and appointed Ann Mather as Chair effective March 17, 2025[8]

Bumble Inc. (BMBL) closed the latest trading day at $7.56, indicating no change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 1.54%. Elsewhere, the Dow saw a downswing of 1.63%, while the tech-heavy Nasdaq depreciated by 1.63%.The the stock of company has fallen by 8.7% in the past month, lagging the Computer and Technology sector's gain of 0.11% and the S&P 500's loss of 2.2%.Market participants will be closely following the financial results of Bumble In ...

Technology Sector Performance - The technology sector was the backbone of the stock market's exceptional performance in 2024, with the Nasdaq Composite Index surging 31.4%, outpacing the S&P 500's 25.2% rise and the Dow Jones Industrial Average's 14.1% climb [1] - The sector's growth trajectory shows no signs of slowing, driven by AI, cybersecurity, 5G, blockchain, and autonomous vehicles, with worldwide IT spending forecasted to rise 9.3% to $5.74 trillion in 2025 [2] Key Growth Drivers - Rapid adoption of AI and high-performance computing solutions fueled growth, with semiconductor companies thriving due to enterprise integration of generative AI and advanced analytics [16] - The cloud computing boom remained strong, with businesses adopting hybrid and multi-cloud solutions to streamline operations and cut costs [16] Affordable Tech Stocks Under $10 - Four tech companies trading under $10 were identified as potential investment opportunities: Stratasys (SSYS), Phunware (PHUN), Bumble (BMBL), and VTEX (VTEX) [3] - These stocks offer exposure to the sector's growth potential while keeping investments accessible, with favorable Growth Scores and Zacks Ranks [10][18] Company Highlights - **Stratasys (SSYS)**: Priced at $9.15, the company benefits from increased demand for 3D-printed equipment across industries, with a Zacks Consensus Estimate for 2025 earnings moving up to 33 cents per share [5][12][19] - **Phunware (PHUN)**: Priced at $5.73, the company's growth is driven by its mobile engagement platform, with a narrowed Zacks Consensus Estimate for 2025 loss to 84 cents per share [6][13][20] - **Bumble (BMBL)**: Priced at $8.02, the company's unique women-first approach to online dating drives growth, with a Zacks Consensus Estimate for 2025 earnings moving up to 86 cents per share [7][14][21] - **VTEX (VTEX)**: Priced at $5.75, the company's robust digital commerce platform drives growth, with a Zacks Consensus Estimate for 2025 earnings moving up to 16 cents per share [8][15][22] Macroeconomic Factors - Improving macroeconomic conditions, including Federal Reserve interest rate cuts and stabilizing inflation, boosted investor confidence in growth-oriented tech stocks [9] - Supply-chain recoveries revitalized the hardware segment, contributing to the sector's robust performance [9]

Core Viewpoint - Bumble (NASDAQ: BMBL) stock has shown strong performance, increasing approximately 25% since a previous recommendation of "Strong Buy" following a 40% day-over-day increase in August [2]. Group 1 - The stock has outperformed the S&P 500 index during the same period [2]. - The recommendation for Bumble shares was based on positive market trends and investor sentiment [2]. Group 2 - The analyst has a beneficial long position in Bumble shares, indicating confidence in the company's future performance [2]. - The article reflects the analyst's personal opinions and insights, emphasizing a strong belief in the stock's potential [2].

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum if future growth does not justify high valuations [1] - Identifying the right entry point for fast-moving stocks is challenging, and traditional momentum parameters may not always be reliable [1] Group 2: Bargain Stocks and Screening - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [2] Group 3: Bumble Inc. (BMBL) Analysis - Bumble Inc. (BMBL) has shown a price increase of 16% over the past four weeks, indicating growing investor interest [3] - BMBL gained 35.6% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.71, suggesting it moves 71% more than the market in either direction [4] Group 4: Valuation and Earnings Estimates - BMBL has a Momentum Score of B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - BMBL is trading at a Price-to-Sales ratio of 0.87, suggesting it is undervalued as investors pay only 87 cents for each dollar of sales [6] Group 5: Additional Investment Opportunities - Besides BMBL, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to find potential winning stocks [8]

Core Viewpoint - The Bumble class action lawsuit alleges that Bumble Inc. and its executives misled investors regarding the company's market position and growth prospects, leading to significant stock price declines following disappointing financial results [4][5][6]. Group 1: Class Action Details - The class action lawsuit is titled Holzer v. Bumble Inc., No. 24-cv-01131 (W.D. Tex.), and it involves purchasers of Bumble securities from November 7, 2023, to August 7, 2024 [1]. - Investors have until November 25, 2024, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims violations of the Securities Exchange Act of 1934 by Bumble and its top executives [1]. Group 2: Allegations and Financial Impact - The lawsuit alleges that Bumble's management created a false impression of having reliable market information, which led to overconfidence in the relaunch of the Bumble app and the Premium Plus subscription tier [4]. - On February 27, 2024, Bumble reported disappointing fourth quarter fiscal 2023 results, leading to a nearly 15% decline in stock price after lowering its guidance for full year 2024 [5]. - On August 7, 2024, Bumble announced mixed second quarter 2024 results, stating that the app relaunch was not proceeding as planned, resulting in a more than 29% decline in stock price [6].