Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Rumble Inc. Market Cap
From what 2 stock analysts predict, the share price for Rumble Inc. (RUM) might decrease by 1.84% in the next year. This is based on a 12-month average estimation for RUM. Price targets go from $8 to $8. The majority of stock analysts believe RUM is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Rumble Inc. has a total of 2 Wall St Analyst ratings. There are 0 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Rumble Inc. will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of RUM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Scott Devitt Wedbush | Neutral | $8 | Reiterates | Aug 13, 2024 |
| Scott Devitt Wedbush | Neutral | $8 | Initiates | Jul 17, 2024 |
| Jason Helfstein Oppenheimer | Perform | Maintains | Mar 28, 2024 | |
| Tom Forte DA Davidson | Buy | $12 | Maintains | May 16, 2023 |
| Tom Forte DA Davidson | Buy | $15 | Reiterates | Mar 31, 2023 |
| Jason Helfstein Oppenheimer | Perform | Initiates | Dec 2, 2022 | |
Stephens & Co. | Equal-Weight | Downgrade | Aug 4, 2022 | |
Raymond James | Market Perform | Downgrade | Oct 7, 2021 | |
Raymond James | Outperform | Maintains | Jul 28, 2021 | |
Stephens & Co. | Overweight | Initiates | Jun 22, 2021 | |
Raymond James | Outperform | Maintains | Apr 28, 2021 | |
Raymond James | Outperform | Upgrade | Jan 27, 2021 | |
Raymond James | Market Perform | Initiates | Nov 26, 2019 | |
PiperJaffray | Overweight | Maintains | Feb 2, 2018 | |
Keefe Bruyette & Woods | Market Perform | Downgrade | Nov 1, 2017 | |
Keefe Bruyette & Woods | Outperform | Maintains | Oct 3, 2016 | |
PiperJaffray | Overweight | Maintains | Dec 4, 2015 | |
Keefe Bruyette & Woods | Outperform | Initiates | Sep 14, 2015 |
When did it IPO
2022
Staff Count
158
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Christopher Pavlovski
Market Cap
$1.84B
In 2023, RUM generated $81.0M in revenue, which was a increase of 105.57% from the previous year. This can be seen as a signal that RUM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Rumble (NASDAQ: RUM) will air the unedited fourth season of "Surviving Barstool" starting December 2, 2024, while YouTube will offer a censored version.
Why It Matters - Rumble's exclusive, uncensored content deal with Barstool enhances its competitive edge against YouTube, potentially driving user growth and increasing revenue, positively impacting stock performance.
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Rumble (NASDAQ: RUM) will host the unedited fourth season of "Surviving Barstool" starting December 2, 2024, while YouTube will offer only a censored version.
Why It Matters - Rumble's exclusive, uncensored content deal with Barstool could attract a larger user base, enhancing subscriber growth and potentially increasing revenue, impacting stock performance positively.
Wed, 27 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Rumble (NASDAQ:RUM) has filed a lawsuit against California officials over a new law it claims restricts political speech. The case is in U.S. District Court, Sacramento.
Why It Matters - Rumble's lawsuit against California officials highlights potential regulatory risks for tech firms, impacting investor sentiment and stock performance amid ongoing debates over free speech and censorship.
Mon, 25 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Rumble (NASDAQ:RUM) has signed Dr Disrespect to stream exclusive content and lead Rumble Gaming. His compensation includes equity tied to performance milestones.
Why It Matters - Dr Disrespect's partnership with Rumble enhances its content offering and could attract more users, potentially boosting revenue and stock performance for Rumble.
Mon, 25 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Rumble (NASDAQ:RUM) will allocate up to $20 million of its excess cash reserves to Bitcoin as part of a corporate treasury diversification strategy to enhance its cryptocurrency expansion.
Why It Matters - Rumble's allocation of $20 million to Bitcoin signals confidence in cryptocurrency, potentially enhancing its growth strategy and attracting investor interest in the digital asset space.
Wed, 20 Nov 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Rumble is being speculated as a potential investment opportunity in the Bitcoin sector, attracting investor interest.
Why It Matters - Rumble's potential alignment with Bitcoin trends may attract investors looking for growth in crypto-related equities, influencing market sentiment and share prices.
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