10 Most Active Penny Stocks to Buy

8. Bumble Inc. (NASDAQ:BMBL)

Bumble Inc. (NASDAQ:BMBL) is one of the 10 most active penny stocks to buy.

On March 12, 2026, Wall Street maintained a cautious outlook on Bumble Inc. (NASDAQ:BMBL), balancing the company’s potential for profitability against its ongoing user and growth challenges.

Specifically, Wells Fargo maintained an “Equal Weight” rating and reduced the stock’s price target from $5.50 to $5.00. The investment firm emphasized that the company’s EBITDA in the fourth quarter and early in the first quarter was stronger than anticipated due to reduced marketing expenditures and alternative payment channels.

Nevertheless, Wells Fargo noted that Bumble Inc. (NASDAQ:BMBL) is increasingly signaling that the development of new products and reinvestment in marketing are potential sources of revenue growth in 2027. However, by the latter half of 2026, investors will be closely watching the company for early traction.

Issuing a bearish outlook on the stock, Omar Dessouky, a Bank of America analyst, maintained an “Underperform” rating on Bumble Inc. (NASDAQ:BMBL) and trimmed the firm’s price target from $3.50 to $3.30. The analyst acknowledged the evidence of early stabilization. However, he cautioned that 2026 will likely be a transition year as the company works to reverse declining payer trends and achieve sustainable growth.

Bumble Inc. (NASDAQ:BMBL) is a global online dating platform that emphasizes women initiating the conversation. The Austin-based company, which was established in 2014, provides applications that are designed to facilitate connections in the areas of dating, companionship, and networking.