Bumble Inc. (BMBL) Beats Stock Market Upswing: What Investors Need to Know

Company Performance - Bumble Inc. closed at $6.59, marking a +2.17% move from the prior day, outperforming the S&P 500 which gained 0.52% [1] - The stock has increased by 14.77% in the past month, surpassing the Computer and Technology sector's gain of 7.56% and the S&P 500's gain of 4.27% [1] Upcoming Earnings - Bumble Inc. is forecasted to report an EPS of $0.31, reflecting a 40.91% increase from the same quarter last year [2] - Revenue is expected to be $240.01 million, indicating a 10.65% decline compared to the corresponding quarter of the prior year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.91 per share, representing a +119.74% change from the prior year, while revenue is expected to be $959.27 million, showing a -10.49% change [3] Analyst Estimates - Recent changes to analyst estimates for Bumble Inc. indicate shifting dynamics in short-term business patterns, with positive revisions reflecting analyst optimism [3] - Over the past month, there has been a 6.76% rise in the Zacks Consensus EPS estimate, and Bumble Inc. currently holds a Zacks Rank of 2 (Buy) [5] Valuation Metrics - Bumble Inc. is trading at a Forward P/E ratio of 7.05, which is a discount compared to the industry average of 28.15 [6] - The company has a PEG ratio of 0.25, significantly lower than the average PEG ratio of 2.25 for the Internet - Software industry [6] Industry Context - The Internet - Software industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]