RumbleON, Inc. (RMBL)
NASDAQ: RMBL · IEX Real-Time Price · USD
3.770
+0.020 (0.53%)
At close: Jul 2, 2024, 4:00 PM
3.780
+0.010 (0.27%)
After-hours: Jul 2, 2024, 7:53 PM EDT
RumbleON Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for RumbleON stock have an average target of 9.33, with a low estimate of 7.00 and a high estimate of 13. The average target predicts an increase of 147.48% from the current stock price of 3.77.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for RumbleON stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 3 | 3 | 2 | 2 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 5 | 5 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $7 | Buy | Reiterates | $7 | +85.68% | May 9, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +112.20% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $11 → $13 | Strong Buy | Reiterates | $11 → $13 | +244.83% | Mar 15, 2024 |
| Wedbush | Wedbush | Buy Maintains $7.5 → $7 | Buy | Maintains | $7.5 → $7 | +85.68% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $15 → $11 | Strong Buy | Maintains | $15 → $11 | +191.78% | Aug 11, 2023 |
Financial Forecast
Revenue This Year
1.39B
from 1.37B
Increased by 1.95%
Revenue Next Year
1.51B
from 1.39B
Increased by 8.47%
EPS This Year
-0.74
from -12.15
EPS Next Year
-0.05
from -0.74
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5B | 1.6B | 1.8B | 1.7B | 1.8B |
| Avg | 1.4B | 1.5B | 1.7B | 1.7B | 1.7B |
| Low | 1.3B | 1.4B | 1.5B | 1.6B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.6% | 16.0% | 18.4% | 2.2% | 6.6% |
| Avg | 1.9% | 8.5% | 10.5% | -0.7% | 3.6% |
| Low | -5.7% | -1.7% | 1.9% | -4.6% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.29 | 0.42 | 1.09 |
| Avg | -0.74 | -0.05 | 0.99 |
| Low | -1.10 | -0.49 | 0.88 |
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.