|Bid||149.83 x 1800|
|Ask||149.90 x 1100|
|Day's Range||148.16 - 152.58|
|52 Week Range||100.61 - 174.68|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||76.69|
|Earnings Date||Nov. 02, 2021 - Nov. 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov. 10, 2015|
|1y Target Est||174.33|
The bulls believe Bumble can carve out a high-growth niche against Match Group (NASDAQ: MTCH), which owns Tinder, Hinge, OK Cupid, and other popular dating apps. Bumble's share of the U.S. dating app market rose from 10% in 2017 to 19% in 2020, according to Sensor Tower, putting it firmly in second place behind Tinder's 40% share. Bumble expects its total revenue to rise 29% to 31% this year, while analysts expect Match's revenue to grow 26%.
Match Group (MTCH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
(Bloomberg) -- Match Group Inc. appointed Renate Nyborg as the new chief executive officer of the dating-app giant’s leading brand, Tinder.Nyborg, who most recently served as Tinder’s general manager of Europe, Middle East and Africa, will succeed Jim Lanzone, who is stepping down, the company said in a statement Friday. Lanzone, who had been at Tinder just over a year, is moving to take the top job at Yahoo, the digital-media business now owned by Apollo Global Management Inc.Nyborg’s appointme