Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Rumble Inc. Market Cap
From what 0 stock analysts predict, the share price for Rumble Inc. (RUM) might increase by 47.33% 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 sell. Please note analyst price targets are not guaranteed and could be missed completely.
Rumble Inc. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Rumble Inc. will perform worse than 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
$1.54B
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
Wed, 11 Sep 2024
Sentiment - NEGATIVE
Source - The Motley Fool
Summary - Analysts believe former President Trump lost the recent debate, impacting Rumble, a conservative social media platform closely tied to him.
Why It Matters - Rumble's stock may decline if Trump's influence wanes post-debate, impacting its user engagement and ad revenue, which are critical for its valuation.
Wed, 11 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Rumble (NASDAQ:RUM) reported record concurrent live viewers and creator streams during the recent presidential debate, indicating strong platform engagement and performance.
Why It Matters - Rumble's record-breaking viewership during a major event indicates strong user engagement, potentially increasing ad revenue and attracting investors, boosting its market position.
Mon, 12 Aug 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - Rumble Inc (RUM) announced its second-quarter financial results after the market closed on Monday.
Why It Matters - Rumble's financial results can impact its stock price, investor sentiment, and future growth expectations, influencing investment decisions in the video-sharing sector.
Tue, 13 Aug 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - The niche social media platform reported second-quarter earnings that exceeded expectations for both revenue and profitability.
Why It Matters - Strong Q2 earnings exceeding expectations can boost investor confidence, potentially driving stock price up and indicating robust business growth and market demand.
Mon, 12 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Rumble Inc. (NASDAQ:RUM) will host its Q2 2024 earnings conference call on August 12, 2024, at 5:00 PM ET, featuring key executives and analysts from Oppenheimer and Wedbush.
Why It Matters - Rumble Inc.'s Q2 2024 earnings call will provide insights into financial performance and strategic direction, impacting investor sentiment and stock valuation.
Mon, 12 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Rumble Inc. reported a 27% sequential revenue growth to $22.5 million for Q2 2024 and introduced a new KPI, Average Revenue Per User (ARPU), which rose 19% over Q1.
Why It Matters - Sequential revenue growth of 27% and a 19% increase in ARPU signal strong performance and potential for continued profitability, attracting interest from growth-focused investors.
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