Bumble Shares Tumble By 45% In 2024: CFO Exit, Competition And Slowing Industry Growth Prompt Analyst To Downgrade The Stock
Bumble Shares Tumble By 45% In 2024: CFO Exit, Competition And Slowing Industry Growth Prompt Analyst To Downgrade The Stock
Shares of Bumble Inc. (NASDAQ:BMBL) fell over 2% on Thursday and slipped further during pre-market trading on Friday as Wolfe Research analyst Shweta Khajuria downgraded the stock to "peer perform" from "outperform."
周四，Bumble Inc.（纳斯达克:BMBL）的股票下跌超过2%，而周五美股盘前交易中进一步下滑，因为Wolfe Research分析师Shweta Khajuria将该股评级从“跑赢大盘”下调至“同行表现”。
What Happened: Wolfe Research cited several risk factors for the downgrade, as reported by MarketInsider. These included the challenges of executing post-product reset, the recent departure of the CFO, increasing competition, and the broader slowdown in industry growth.
发生了什么：Wolfe Research引用了几个风险因素导致评级下调，如MarketInsider所报道。这些因素包括执行产品重置面临的挑战、首席财务官的离职、竞争加剧以及行业增长放缓的整体趋势。
Khajuria, the managing director of global internet at Wolfe expects the company to provide conservative guidance for 2025 and views Bumble more as a trading vehicle than a long-term investment in the near to medium term.
Khajuria是Wolfe全球互联网的董事，总监，她预计公司将在2025年提供保守的指导，并在短期至中期内将Bumble视为交易工具而非长期投资。
Why It Matters: Bumble's bottom line during the third quarter of the current fiscal missed expectations, whereas revenue surpassed consensus. Revenue grew by 0.7% year-over-year, reaching $273.6 million. While paying subscribers increased to 4.3 million from 3.8 million, average revenue per user (ARPU) declined to $21.17 from $23.42.
重要性：Bumble在当前财年的第三季度净利润未达到预期，而营业收入则超过了市场共识。营业收入同比增长0.7%，达到27360万美元。付费订阅用户数从380万增加至430万，而每用户平均收入（ARPU）则从23.42美元下降至21.17美元。
In December, Bumble announced that CFO Anu Subramanian and Chief Marketing Officer Selby Drummond would be leaving the company on March 14, 2025, and in January 2025, respectively. The company appointed Neil Shah, a former executive at Slack, to the newly created role of Chief Business Officer.
在12月，Bumble宣布首席财务官Anu Subramanian和首席营销官Selby Drummond将分别于2025年3月14日和2025年1月离职。公司任命前Slack高管Neil Shah为新设立的首席业务官。
Price Action: Bumble stock declined by 45% in 2024, as per Benzinga Pro. The shares have fallen by 8.18% over the last month and by 17.84% over the last six months.
价格走势：根据Benzinga Pro，Bumble股票在2024年下降了45%。过去一个月，该股下跌了8.18%，在过去六个月内下跌了17.84%。
About 27 analysts tracked by Benzinga have a "Hold" rating on the stock with a consensus price target of $16.06. The highest target price was $45 issued by BMO Capital on May 12, 2022, and the lowest was $6 issued by Morgan Stanley on Aug. 8, 2024. The three most recent analyst ratings between Susquehanna, Stifel, and Citigroup with an average price of $7.67 imply a 3.69% downside for Bumble.
大约27位分析师通过Benzinga对该股给予了“持有”评级，平均目标价为16.06美元。最高目标价为2022年5月12日BMO Capital发布的45美元，最低目标价为2024年8月8日摩根士丹利发布的6美元。Susquehanna、Stifel和花旗集团最近发布的三项分析师评级平均价格为7.67美元，预示Bumble的下行幅度为3.69%。
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