News · Bumble Inc. (BMBL) · Communication Services
Bumble rises after agreeing to be acquired at $6.05 a share
What happened
Bumble (BMBL) rose 56.6% on October 13, 2026, after Ithaca Holdings agreed to buy the company for $6.05 per share in an all-cash deal that values the company at $1.3 billion. Reuters and Barrons reported the transaction will pay holders of Class A common stock $6.05 per share. The announcement followed earlier reports that Bumble was in advanced talks to go private at about a $1 billion valuation. Multiple law firms launched investigations and shareholder alerts questioning the $6.05 per-share price and elements of the deal process, according to Business Wire and GuruFocus.
How big was the move
The stock opened 57.4% above the previous close and closed at $5.95, with trading volume 29.1 times its 20-day average. The session was a large, mostly company-specific move: the stock moved far more than the market and its sector, and the company news is the likely driver. The move was 6.8 times a typical daily move for this stock and reflected a beta of 1.23, meaning the stock tends to move more than the market. The S&P 500 was unchanged on the day while the Communication Services sector median rose 0.2%, leaving Bumble 56.3 percentage points better than the sector median.
The technical picture
On the technical front the stock was 0.5% below its 52-week high. It was 106.3% above its 20-day moving average, 108.7% above its 50-day moving average and 85.8% above its 200-day moving average. The 50-day average is below the 200-day average, a sign of a weak longer-term trend. Short-term momentum looked strong: the Relative Strength Index (14 days) was 91, a level often called overbought. Volatility was 132% annualized over 60 days, the highest reading of the past five years.
Price performance over recent intervals was mixed. The stock rose 100.3% over one month and rose 91.9% over three months. Over one year it rose 17.4%, 1.8 percentage points behind the S&P 500. Over the last five sessions the stock rose 137.1%.
Fundamentals and valuation
For the four quarters through June 30, 2026, revenue was $893.2 million, a decline of 13.3% from a year earlier. Diluted earnings per share were $-3.87. Gross margin improved to 71.3% from 65.4% a year earlier, while operating margin tightened to 8.7% from 25.2% a year earlier. Free-cash-flow margin stood at 28.6% and return on invested capital was 7.1%.
The balance sheet shows net debt of 3.3 times EBITDA. Share count over one year increased by 26.6%. The stock's free-cash-flow yield was 77.0%, a high reading that reflects the relationship between free cash flow and the market value implied by recent trading levels. PromtFinance scores rank the company as Strong on Value and Quality, Very weak on Growth, and Very weak on Stability.
Earnings and analyst expectations
Bumble last reported on August 5, 2026, with earnings per share of $-0.84 against $0.25 expected, 436.5% below estimates. The average surprise over the last four reports was 13.2% below estimates, and the company had consecutive quarters beating estimates: 0. The typical two-day reaction after recent reports was a rise of 0.1%.
Analysts’ consensus rating was Hold. Twenty-two percent of covering analysts gave a Buy, and the consensus price target was $3.25, which is 45.4% below the closing price. There were 23 analysts with a rating.
The next scheduled report is November 4, 2026. With the announced deal, key drivers for investors will include any revisions to guidance or disclosures that affect free cash flow, net debt and the share count. Court or shareholder actions could delay or alter the transaction and are likely to be closely watched by investors and advisers.
What to watch
- November 4, 2026: next earnings report date.
- Whether shareholders or courts challenge the $6.05 per-share deal price and any deal process provisions reported by multiple law firms.
- Any competing bids or formal updates from Ithaca Holdings about timing and regulatory approvals.
- Changes to share count, balance-sheet details or disclosures that could affect net debt of 3.3 times EBITDA.