Jefferies Cautions on Bumble (BMBL) and Internet Sector for 2026 Warning AI Agents and Rising Costs Could Capping Stock Multiples

Bumble Inc. (NASDAQ:BMBL) is one of the cheap penny stocks to invest in. On December 11, Jefferies lowered the firm’s price target on Bumble to $4 from $5 while keeping a Hold rating on the shares. The firm recommended a cautious stock-picking approach for the Internet sector in 2026. Key risks include limited margin growth due to rising investment costs and the possibility that AI agents could bypass traditional platforms, capping the potential for higher stock multiples. In its Q3 2025 earnings report, ...