Rumble Inc. (RUM)

NASDAQ: RUM · IEX Real-Time Price · USD
6.75
+0.17 (2.58%)
Jul 26, 2024, 4:00 PM EDT - Market closed
2.58%
Market Cap 2.62B
Revenue (ttm) 81.08M
Net Income (ttm) -131.04M
Shares Out 387.87M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 894,039
Open 6.64
Previous Close 6.58
Day's Range 6.52 - 6.79
52-Week Range 3.33 - 9.20
Beta 0.77
Analysts Hold
Price Target 8.00 (+18.52%)
Earnings Date Aug 12, 2024

About RUM

Rumble Inc. operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators. It also operates locals.com, a platform where users can access free content and purchase subscriptions to support creators and access exclusive content in creator communities; Rumble Streaming Marketplace, a patent-pending a... [Read more]

Sector Technology
Founded 2013
Employees 158
Stock Exchange NASDAQ
Ticker Symbol RUM
Full Company Profile

Financial Performance

In 2023, Rumble's revenue was $80.96 million, an increase of 105.57% compared to the previous year's $39.38 million. Losses were -$116.42 million, 920.9% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for RUM stock is "Hold." The 12-month stock price forecast is $8.0, which is an increase of 18.52% from the latest price.

Price Target
$8.0
(18.52% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Rumble Releases New App for Xbox

Rumble is now available on Xbox, giving users more ways to consume a wide range of content. LONGBOAT KEY, Fla.

10 hours ago - GlobeNewsWire

Rumble Announces Timing of Second Quarter 2024 Earnings Release and Conference Call

LONGBOAT KEY, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, today announced that it will releas...

4 days ago - GlobeNewsWire

As Rumble, Trump Media (DJT) stocks surge, brace for a pullback

Rumble (RUM) and Trump Media & Technology (DJT) stocks went vertical this week as the election cycle took more turns recently.  Rumble, a popular YouTube alternative, soared by over 20% after the Trum...

Other symbols: DJT
10 days ago - Invezz

Rumble Announces Multiple Exclusive Brands

Rumble adds pet, health, and wellness products to its growing line of exclusive brands. LONGBOAT KEY, Fla.

11 days ago - GlobeNewsWire

Rumble Sets New Streaming and Bandwidth Record on Debate Night in America

LONGBOAT KEY, Fla., June 28, 2024 (GLOBE NEWSWIRE) -- Rumble ( NASDAQ:RUM), the video-sharing platform and cloud services provider, announced that it set a new record for concurrent live stream viewe...

4 weeks ago - GlobeNewsWire

Rumble Welcomes PublicSquare to Cloud Platform

The Nation's Top Patriotic Marketplace Announces Intent to Break Free from Big Tech by Joining Rumble Cloud LONGBOAT KEY, Fla., June 17, 2024 (GLOBE NEWSWIRE) --  Rumble Inc., (Nasdaq: RUM) (“Rumble”)...

5 weeks ago - GlobeNewsWire

Rumble Sends Letter to London Stock Exchange CEO Regarding Russell 3000 Exclusion

~ Alerts CEO of Errors by Staff in the Determination for Company Additions ~ ~ Despite Repeated Requests by Rumble, LSEG Failed to Address Obvious Errors in Calculations ~ ~ Refusal to Correct Obvious...

6 weeks ago - GlobeNewsWire

“Breaking Points” Podcast Launches on Rumble

Rumble ramps up its position as the premier platform for politics with the addition of the popular news commentary podcast.

2 months ago - GlobeNewsWire

Rumble Reports First Quarter 2024 Results

~ All Core Products Now Online with Two Major Launches: Rumble Cloud and Rumble Studio Livestreaming ~ ~ Revenue of $17.7 Million, Company Reiterates Expected 2Q Sequential Increase in Topline ~ ~ Ann...

2 months ago - GlobeNewsWire

Rumble Files Second Lawsuit Against Google for Monopolistic and Anticompetitive Practices

LONGBOAT KEY, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Rumble ( NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that it has filed a second lawsuit against Google fo...

2 months ago - GlobeNewsWire

Rumble Announces Timing of First Quarter 2024 Earnings Release and Conference Call

LONGBOAT KEY, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) (“Rumble” or the “Company”), the video platform and cloud services provider, today announced that it will release finan...

3 months ago - GlobeNewsWire

Rumble Reports Fourth Quarter and Full Year 2023 Results

~ Full Year 2023 Revenue Increased 106% to $81.0 Million ~ ~ Fourth Quarter Average Monthly Active Users Sequentially Increased 16% to 67 Million ~ ~ Achieved Company's Largest Milestone To-Date with ...

4 months ago - GlobeNewsWire

Why is the NASDAQ:RUM stock price up 15% today?

Video platform stock Rumble (NASDAQ:RUM) has been on a roll for the past 24 hours, its stock price trading 15.42% higher by market close on Tuesday March 26th. This was just hours after the Trump Medi...

4 months ago - Invezz

Rumble's Founder and CEO Chris Pavlovski to Hold a Live Stream via Rumble Studio with Matt Kohrs

Livestream to Follow Release of Company's Fourth Quarter and Full Year 2023 Results and Earnings Conference Call Livestream to Follow Release of Company's Fourth Quarter and Full Year 2023 Results and...

4 months ago - GlobeNewsWire

Rumble Cloud Announces Strategic Partnership with ACP CreativIT

Comprehensive partnership to bolster the managed service offering of Rumble Cloud.TM LONGBOAT KEY, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- Rumble, the video-sharing platform (NASDAQ: RUM) and cloud s...

4 months ago - GlobeNewsWire

Rumble Cloud Announces Strategic Partnership with Qinshift

Partnership will a ddress m arket d emand for Rumble Cloud ™ and serve enterprise c ustomers at s cale.

4 months ago - GlobeNewsWire

Rumble shares rise 18% after expressing interest in acquiring TikTok

Rumble shares RUM, +18.26% rose 18.3% to $7.90 on Tuesday following its expression of interest in taking over TikTok.

4 months ago - Market Watch

Rumble (RUM) Stock Jumps After Offering to Buy TikTok

Rumble (RUM) shares jump after offering to buy TikTok. Renita Young discusses this as Rumble launched Rumble Cloud on Monday.

4 months ago - Schwab Network

Rumble stock is up 15% on Tuesday: here's why

Rumble Inc (NASDAQ: RUM) is up 15% on Tuesday after revealing interest in acquiring TikTok. Rumble wants to acquire and operate TikTok Last week, U.S. lawmakers pushed ByteDance to divest the short vi...

4 months ago - Invezz

Rumble Cloud Launches to the Public

Rumble CloudTM offers the first cost-effective opportunity for businesses to run on a scaled infrastructure secured by a mission to protect a free and open internet. Rumble CloudTM offers the first co...

4 months ago - GlobeNewsWire

Rumble Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

LONGBOAT KEY, Fla., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) (“Rumble” or the “Company”), the high-growth video platform and cloud services provider, today announced that it will re...

5 months ago - GlobeNewsWire

Rumble Partners With 1775 Coffee on Exclusive Rumble Brand Product

New coffee is the latest addition to the parallel economy. LONGBOAT KEY, FL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Rumble ( NASDAQ: RUM), the high-growth video platform and cloud services provider, annou...

6 months ago - GlobeNewsWire

Rumble Announces Public Launch of Rumble Studio

Rumble offers a best-in-class, all-in-one live-streaming product to all creators, and for all platforms. LONGBOAT KEY, Fla.

6 months ago - GlobeNewsWire

Trump-linked stocks soar after DeSantis throws in the towel

Shares of Digital World Acquisition , the blank check firm set to take former U.S. President Donald Trump's social media platform public, soared to their highest in 19 months on Monday after Florida G...

Other symbols: PHUN
6 months ago - Reuters

Rumble Announces Partnership With Barstool Sports

Barstool Sports Enters Into a Wide-Ranging Partnership with Rumble. LONGBOAT KEY, FL.

6 months ago - GlobeNewsWire