Rumble Inc. (RUM)
NASDAQ: RUM · Real-Time Price · USD
12.85
-0.05 (-0.39%)
At close: Jan 21, 2025, 4:00 PM
12.80
-0.05 (-0.39%)
After-hours: Jan 21, 2025, 7:47 PM EST

Rumble Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Rumble stock have an average target of 14, with a low estimate of 8.00 and a high estimate of 20. The average target predicts an increase of 8.95% from the current stock price of 12.85.

Analyst Consensus: Buy
Target Low Average Median High
Price $8.00 $14 $20 $20
Change -37.74% +8.95% +55.64% +55.64%

Analyst Ratings

The average analyst rating for Rumble 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 000001
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 222223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Maxim Group
Maxim Group
Strong Buy
Initiates
$20
Strong Buy Initiates $20 +55.64% Jan 15, 2025
Wedbush
Wedbush
Hold
Reiterates
$8
Hold Reiterates $8 -37.74% Aug 13, 2024
Wedbush
Wedbush
Hold
Initiates
$8
Hold Initiates $8 -37.74% 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 -6.61% May 16, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
96.64M
from 80.96M
Increased by 19.36%
Revenue Next Year
114.51M
from 96.64M
Increased by 18.49%
EPS This Year
-0.63
from -0.58
EPS Next Year
-0.35
from -0.63
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.36M4.56M9.47M39.38M80.96M96.64M114.51M162.11M
Revenue Growth
-35.62%107.71%316.04%105.57%19.36%18.49%41.57%
EPS
--0.13-0.06-0.05-0.58-0.63-0.35-0.23
EPS Growth
--------
Forward PE
--------
No. Analysts -----333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 102.8M 127.2M 172.4M
Avg 96.6M 114.5M 162.1M
Low 91.6M 103.6M 153.7M

Revenue Growth

Revenue Growth 20242025202620272028
High
27.0%
31.6%
50.6%
Avg
19.4%
18.5%
41.6%
Low
13.1%
7.1%
34.2%

EPS Forecast

EPS 202420252026
High -0.64 -0.35 -0.20
Avg -0.63 -0.35 -0.23
Low -0.63 -0.35 -0.25

EPS Growth

EPS Growth 202420252026
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.