RumbleON, Inc. (RMBL)
NASDAQ: RMBL · IEX Real-Time Price · USD
5.28
+0.12 (2.33%)
Apr 23, 2024, 1:47 PM EDT - Market open
RumbleON Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for RumbleON stock have an average target of 9.50, with a low estimate of 7.00 and a high estimate of 13. The average target predicts an increase of 79.92% from the current stock price of 5.28.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
The average analyst rating for RumbleON stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $10 → $8 | Strong Buy | Maintains | $10 → $8 | +51.52% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $11 → $13 | Strong Buy | Reiterates | $11 → $13 | +146.21% | Mar 15, 2024 |
| Wedbush | Wedbush | Buy Maintains $7.5 → $7 | Buy | Maintains | $7.5 → $7 | +32.58% | Mar 15, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $15 → $11 | Strong Buy | Maintains | $15 → $11 | +108.33% | Aug 11, 2023 |
| Wedbush | Wedbush | Buy Maintains $12 → $10 | Buy | Maintains | $12 → $10 | +89.39% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
1.44B
from 1.37B
Increased by 5.46%
Revenue Next Year
1.54B
from 1.44B
Increased by 7.15%
EPS This Year
-0.67
from -12.15
EPS Next Year
-0.05
from -0.67
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.6B | 1.7B | 1.8B | 2.3B |
| Avg | 1.4B | 1.5B | 1.7B | 2.3B |
| Low | 1.3B | 1.4B | 1.6B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.3% | 17.1% | 17.5% | 36.6% |
| Avg | 5.5% | 7.1% | 9.8% | 32.7% |
| Low | -4.9% | -4.0% | 1.4% | 27.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.45 | 0.26 | 0.82 | 1.04 |
| Avg | -0.67 | -0.05 | 0.80 | 1.01 |
| Low | -0.98 | -0.56 | 0.76 | 0.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | 30.7% |
| Avg | - | - | - | 26.9% |
| Low | - | - | - | 21.9% |
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.