Rumble Inc. (RUM)
NASDAQ: RUM · Real-Time Price · USD
7.19
-0.08 (-1.10%)
At close: Dec 20, 2024, 4:00 PM
10.79
+3.60 (50.07%)
After-hours: Dec 20, 2024, 7:59 PM EST
Rumble Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Rumble stock has a target of 8.00, which predicts an increase of 11.27% from the current stock price of 7.19.
Analyst Consensus: Hold
* Price targets were last updated on Aug 13, 2024.
Analyst Ratings
The average analyst rating for Rumble stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Reiterates $8 | Hold | Reiterates | $8 | +11.27% | Aug 13, 2024 |
| Wedbush | Wedbush | Hold Initiates $8 | Hold | Initiates | $8 | +11.27% | Jul 17, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Mar 28, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $15 → $12 | Strong Buy | Maintains | $15 → $12 | +66.90% | May 16, 2023 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +108.62% | Mar 31, 2023 |
Financial Forecast
Revenue This Year
96.64M
from 80.96M
Increased by 19.36%
Revenue Next Year
114.51M
from 96.64M
Increased by 18.49%
EPS This Year
-0.63
from -0.58
EPS Next Year
-0.35
from -0.63
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 102.8M | 127.2M | 172.4M | ||
| Avg | 96.6M | 114.5M | 162.1M | ||
| Low | 91.6M | 103.6M | 153.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.0% | 31.6% | 50.6% | ||
| Avg | 19.4% | 18.5% | 41.6% | ||
| Low | 13.1% | 7.1% | 34.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.64 | -0.35 | -0.20 |
| Avg | -0.63 | -0.35 | -0.23 |
| Low | -0.63 | -0.35 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.