• MarketBeat says 17 firms rate Bumble "Reduce": two sell, fourteen hold, one buy.
  • The average 12-month target is $4.04, against Ithaca Holdings' $6.05 per share cash offer.
  • BMBL opened at $5.98 on 10 November, with a $789.18 million market capitalisation.
  • Bumble's Q3 revenue was $207.1M, down from $246.2M a year earlier.

MarketBeat reported on 10 November that 17 research firms covering Bumble (NASDAQ: BMBL) give it an average "Reduce" rating, with an average 12-month price target of $4.04. BMBL opened at $5.98 on Tuesday 10 November 2026, above the $4.04 consensus target, according to MarketBeat.

The gap matters because Ithaca Holdings agreed on 13 October to pay $6.05 per Class A share in cash, in a deal valuing Bumble at $1.3 billion, according to Bumble's press release filed with the SEC.

The DII Take

The consensus is close to moot. A cash bid of $6.05 turns analyst targets into a record of pre-deal opinion, not a forecast of where the stock goes. The likelier reading is that the "Reduce" label describes who has not updated their models, not what Bumble is worth.

What sits inside the $4.04

MarketBeat cites Wells Fargo cutting its target from $5.00 to $4.00 on 7 August, Goldman Sachs from $5.00 to $3.50 on 6 August and RBC from $5.00 to $4.00 on 7 August. UBS raised its target from $3.00 to $6.05 on 14 October, according to a separate MarketBeat article.

The headline number has wandered. MarketBeat showed $3.87 on 12 August and 12 October, $4.12 from 14 October to 4 November, and now $4.04 across 17 firms rather than 18. DII could not establish why it fell. The tally also includes Weiss Ratings, which raised Bumble from sell (e+) to sell (d-) on 12 October.

Fundamentals and what to watch

Bumble's 10-Q shows Q3 revenue of $207.1M against $246.2M a year earlier, and Bumble App paying users down 15.1% to 2.0 million. DII covered the quarter here. Rival Match Group (MTCH) said on 2 November that Tinder daily active users returned to year-over-year growth in September.

Closing timing has not been confirmed. Bumble said an information statement (Schedule 14C) and a Schedule 13E-3 will be filed. The board approved the deal unanimously, with Whitney Wolfe Herd recused, and affiliates of Blackstone and Wolfe Herd approved it by written consent.

BMBL opened at $5.98 on Tuesday 10 November 2026, above the $4.04 consensus target, according to MarketBeat.
  • Bumble's $4.04 average analyst target is below the $6.05 Ithaca Holdings offer, so investors should read it as a pre-deal reference point, not a valuation signal.
  • Watch for the Schedule 14C and Schedule 13E-3 filings, which Bumble said will come and which should clarify the path to closing.

Sources: Bumble Inc. (NASDAQ:BMBL) Stock Has Average Target Price of $4.04 (MarketBeat); Bumble Inc. to Be Acquired by Ithaca Holdings, press release, Exhibit 99.1 to Form 8-K (Bumble Inc. / SEC); Bumble Inc. Form 10-Q for quarter ended September 30, 2026 (Bumble Inc. / SEC); Match Group third quarter 2026 results, Exhibit 99.1 to Form 8-K (Match Group / SEC); Bumble (NASDAQ:BMBL) Reaches New 1-Year High (MarketBeat)