Bumble(BMBL) Shares Soar 2.16% on Strong Q1 Earnings

Bumble(BMBL) shares surged 2.16% today, marking the third consecutive day of gains, with a cumulative increase of 29.38% over the past three days. The share price reached its highest level since February 2025, with an intraday gain of 4.50%.

The strategy of buying BMBL shares after they reach a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.37% annualized gain. This result suggests that the strategy captured some of the subsequent volatility and price movements in the stock.

The recent surge in Bumble's stock price can be attributed to the company's first quarter 2025 results, which exceeded analyst expectations. Bumble reported $247 million in revenue, slightly above the forecast of $246.65 million. Despite earnings per share slightly missing expectations at $0.13 versus $0.14, the stock surged 26.65% following the announcement.

Bumble is implementing a $35 million cost-saving plan and cutting $20 million from the second quarter marketing spend. The company is focusing on quality matches and user experience under the leadership of returning founder-CEO Whitney Wolfe Herd. Additionally, Bumble is leveraging AI to enhance its matching algorithms and plans a significant product update featuring improved verification tools and a new coaching hub. These strategic moves are aimed at improving growth and monetization challenges while addressing a generational disconnect in the market.