Is BMBL a good stock to Buy

Why Bumble Stock Skyrocketed Today Shares of Bumble (NASDAQ: BMBL) soared 42% on Wednesday after the online dating company delivered strong fourth-quarter growth metrics . The gains were fueled by a 10.6% rise in total paying users, to 3 million, and a 14% increase in average revenue per paying user (ARPPU), to $22.83.

Thursday’s Bumble tumble marked an accelerated decline for a stock that had already fallen more than 12% over the previous five sessions – and it’s likely the Russia-Ukraine conflict is playing a part, with Bumble’s exposure to the region including both countries .

$ 29.37 CloseChgChg %$28.95-0.05-0.17%Bumble Inc. Cl A Stock Quote (US – BMBL – MarketWatch www.marketwatch.com › investing › stock › bmbl

According to my analysis, Bumble (NASDAQ:BMBL) is highly overvalued . To justify the current valuation, the company will need to grow with a compounded annual growth rate of over 35% and reach a 30% operating margin.

The company is also increasingly focusing on its expansion in the international market. “We expect Bumble App to have another strong year in 2022 and grow revenue 34% to 36% year-over-year , driven by continued international expansion and product innovation,” Chief Financial Officer Anu Subramanian said in a statement.

The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. … Momentum Scorecard. More Info. Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%Should I buy Bumble (BMBL) – Zacks www.zacks.com › stock › research › BMBL › stock-style-scores

Out of 14 analysts, 4 (28.57%) are recommending BMBL as a Strong Buy , 5 (35.71%) are recommending BMBL as a Buy, 5 (35.71%) are recommending BMBL as a Hold, 0 (0%) are recommending BMBL as a Sell, and 0 (0%) are recommending BMBL as a Strong Sell. What is BMBL’s earnings growth forecast for 2022-2024?