Rumble Inc. (RUM)
NASDAQ: RUM · Real-Time Price · USD
6.49
+0.07 (1.09%)
At close: Nov 22, 2024, 4:00 PM
6.58
+0.09 (1.33%)
After-hours: Nov 22, 2024, 7:58 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 23.27% from the current stock price of 6.49.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 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 | +23.27% | Aug 13, 2024 |
| Wedbush | Wedbush | Hold Initiates $8 | Hold | Initiates | $8 | +23.27% | 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 | +84.90% | May 16, 2023 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +131.12% | Mar 31, 2023 |
Financial Forecast
Revenue This Year
105.77M
from 80.96M
Increased by 30.64%
Revenue Next Year
129.97M
from 105.77M
Increased by 22.88%
EPS This Year
-0.57
from -0.58
EPS Next Year
-0.32
from -0.57
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 112.5M | 135.9M | 202.1M | ||
| Avg | 105.8M | 130.0M | 184.8M | ||
| Low | 100.3M | 125.3M | 170.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.0% | 28.5% | 55.5% | ||
| Avg | 30.6% | 22.9% | 42.2% | ||
| Low | 23.8% | 18.5% | 30.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.57 | -0.33 | -0.18 |
| Avg | -0.57 | -0.32 | -0.19 |
| Low | -0.57 | -0.31 | -0.20 |
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.