RumbleOn, Inc. (RMBL)
NASDAQ: RMBL · Real-Time Price · USD
5.19
+0.22 (4.43%)
Dec 20, 2024, 4:00 PM EST - Market closed
RumbleOn Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for RumbleOn stock have an average target of 6.67, with a low estimate of 5.00 and a high estimate of 8.00. The average target predicts an increase of 28.52% from the current stock price of 5.19.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RumbleOn stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $7 | Strong Buy → Hold | Downgrades | $7 | +34.87% | Nov 29, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $9 → $7 | Strong Buy | Maintains | $9 → $7 | +34.87% | Nov 13, 2024 |
| Wedbush | Wedbush | Buy Maintains $7 → $5 | Buy | Maintains | $7 → $5 | -3.66% | Aug 8, 2024 |
| Wedbush | Wedbush | Buy Reiterates $7 | Buy | Reiterates | $7 | +34.87% | May 9, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +54.14% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
1.24B
from 1.37B
Decreased by -8.96%
Revenue Next Year
1.32B
from 1.24B
Increased by 6.19%
EPS This Year
-0.85
from -12.15
EPS Next Year
-0.12
from -0.85
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.3B | 1.4B | 1.5B | ||
| Avg | 1.2B | 1.3B | 1.4B | ||
| Low | 1.2B | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -6.0% | 11.6% | 12.7% | ||
| Avg | -9.0% | 6.2% | 8.9% | ||
| Low | -13.2% | 0.1% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.50 | 0.16 | 0.71 |
| Avg | -0.85 | -0.12 | 0.60 |
| Low | -1.19 | -0.47 | 0.47 |
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.