# Bumble holds Reduce consensus with $4.04 target, below $6.05 bid > By Hayley Birkin | Published: 2026-11-10T23:21:40.800019+00:00 | Section: Financial | Source: https://www.datingindustryinsights.com/news/bumble-reduce-consensus-4-04-target-below-6-05-ithaca-bid | Publisher: Dating Industry Insights (High Intent Media Inc) MarketBeat says 17 firms rate Bumble Reduce with a $4.04 average target, while Ithaca Holdings has agreed to pay $6.05 a share in cash to take it private. ## Key points - MarketBeat reported on 10 November 2026 that 17 firms covering Bumble (BMBL) give it an average Reduce rating: two sell, fourteen hold and one buy. - MarketBeat puts Bumble's average 12-month price target at $4.04, down from $4.12 shown between 14 October and 4 November. - Ithaca Holdings agreed on 13 October 2026 to pay $6.05 per Class A share in cash, valuing Bumble at $1.3 billion, according to Bumble's filing. - Bumble's Q3 2026 10-Q shows revenue of $207.1 million against $246.2 million a year earlier, with Bumble App paying users down 15.1% to 2.0 million. ## Article - 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](https://www.datingindustryinsights.com/companies/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](https://www.datingindustryinsights.com/companies/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](https://www.datingindustryinsights.com/news/bumble-q3-revenue-falls-207-1m-ithaca-deal-awaits-clearance). Rival [Match Group](https://www.datingindustryinsights.com/companies/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](https://www.datingindustryinsights.com/companies/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)](https://www.marketbeat.com/instant-alerts/consensus-bumble-inc-nasdaq-bmbl-stock-has-average-target-price-of-404-2026-11-10/); [Bumble Inc. to Be Acquired by Ithaca Holdings, press release, Exhibit 99.1 to Form 8-K (Bumble Inc. / SEC)](https://www.sec.gov/Archives/edgar/data/0001830043/000095010326015480/dp254907_ex9901.htm); [Bumble Inc. Form 10-Q for quarter ended September 30, 2026 (Bumble Inc. / SEC)](https://www.sec.gov/Archives/edgar/data/0001830043/000183004326000123/bmbl-20260930.htm); [Match Group third quarter 2026 results, Exhibit 99.1 to Form 8-K (Match Group / SEC)](https://www.sec.gov/Archives/edgar/data/0000891103/000089110326000161/mtch8-k20261102ex991.htm); [Bumble (NASDAQ:BMBL) Reaches New 1-Year High (MarketBeat)](https://www.marketbeat.com/instant-alerts/price-bumble-nasdaq-bmbl-reaches-new-1-year-high-should-you-buy-2026-11-04/) ## Key takeaways - Bumble's $4.04 average analyst target sits below Ithaca Holdings' $6.05 cash offer, so the Reduce consensus says little about the value shareholders will receive. - MarketBeat's tally mixes brokers with ratings shops such as Weiss Ratings and has shifted between $3.87, $4.12 and $4.04, which makes it a weak guide for operators and investors. - Closing timing for the Ithaca deal is unconfirmed; Bumble said Schedule 14C and Schedule 13E-3 filings will follow, and those are the next documents to watch. ## FAQ ### What is Bumble's analyst consensus rating? MarketBeat reported on 10 November 2026 that 17 firms give Bumble an average Reduce rating: two sell, fourteen hold and one buy. The average 12-month price target is $4.04. ### Why is Bumble's stock above its average analyst price target? BMBL opened at $5.98 on 10 November 2026, according to MarketBeat. Ithaca Holdings agreed on 13 October to pay $6.05 per share in cash to take Bumble private, and MarketBeat's $4.04 target sits below that. ### When will Ithaca Holdings' acquisition of Bumble close? Closing timing has not been confirmed. Bumble said an information statement (Schedule 14C) and a Schedule 13E-3 will be filed. ## In this story - [Bumble](https://www.datingindustryinsights.com/companies/bumble) (main subject) - [Bumble](https://www.datingindustryinsights.com/products/bumble) (main subject) - [Bumble Inc.](https://www.datingindustryinsights.com/companies/bumble-inc) (main subject) - [Ithaca Holdings](https://www.datingindustryinsights.com/companies/ithaca-holdings) (main subject) - [Goldman Sachs](https://www.datingindustryinsights.com/companies/goldman-sachs) - [Match Group](https://www.datingindustryinsights.com/companies/match-group) - [RBC](https://www.datingindustryinsights.com/companies/rbc) - [Blackstone](https://www.datingindustryinsights.com/companies/blackstone) - [Whitney Wolfe Herd](https://www.datingindustryinsights.com/people/whitney-wolfe-herd) - [Tinder](https://www.datingindustryinsights.com/products/tinder) --- Canonical: https://www.datingindustryinsights.com/news/bumble-reduce-consensus-4-04-target-below-6-05-ithaca-bid Citation: "Dating Industry Insights" (https://www.datingindustryinsights.com)