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What to Expect From Bumble’s Q2 Results?


Deutsche Bank analysts provided their views on Bumble Inc. (NASDAQ:BMBL) ahead of the company’s upcoming Q2 results, expecting it to achieve Street revenue and EBITDA estimates. However, with the stock rallying, the analysts are of the view that Q3 expectations for the Bumble App have become increasingly challenging, which could present a modest risk to the durability of recent sentiment gains.
All in, given improving payer trends that are being supported by international market rollouts and new product launches, combined with continued domestic demand tailwinds, the analysts think the company maintains momentum through the balance of 2022.
Given their stronger outlook on payer growth, the analysts increased their price target to $35 from $28, reiterating their hold rating.










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