- A dating app survey from Raymond James is indicating some pent-up demand for the services after their customer base largely spent the past year in lockdown.
- The results point to a coming increase in usage of the apps, and notably finds on balance an increased willingness to pay for the services.
- The firm maintains a market perform rating on recent public entrant Bumble (BMBL +1.3%). But it notes that Bumble is outpaced in terms of awareness and usage by Tinder (MTCH +1.4%).
- The Street rates Match Group Bullish, while Seeking Alpha authors are Neutral.
- As for Bumble, Street analysts are also Bullish there while SA authors are Neutral overall.
- The dating-app scene may get a new challenge in Facebook's (FB +0.3%) test of a video speed-dating app called Sparked.