Rumble Inc. (RUM)
NASDAQ: RUM · IEX Real-Time Price · USD
6.53
-0.01 (-0.15%)
At close: Apr 26, 2024, 4:00 PM
6.59
+0.06 (0.92%)
After-hours: Apr 26, 2024, 7:59 PM EDT
Rumble Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Rumble stock has a target of 12, which predicts an increase of 83.77% from the current stock price of 6.53.
Analyst Consensus: Buy
* Price targets were last updated on May 16, 2023.
Analyst Ratings
The average analyst rating for Rumble stock from 2 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +83.77% | May 16, 2023 |
| DA Davidson | DA Davidson | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +129.71% | Mar 31, 2023 |
| Oppenheimer | Oppenheimer | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Dec 2, 2022 |
Financial Forecast
Revenue This Year
103.66M
from 80.96M
Increased by 28.03%
Revenue Next Year
112.35M
from 103.66M
Increased by 8.38%
EPS This Year
-0.65
from -0.58
EPS Next Year
-0.25
from -0.65
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 107.8M | 116.8M | 221.2M | 391.9M | 669.6M |
| Avg | 103.7M | 112.4M | 212.8M | 377.0M | 644.1M |
| Low | 100.6M | 109.0M | 206.5M | 365.8M | 625.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.1% | 12.7% | 96.9% | 84.2% | 77.6% |
| Avg | 28.0% | 8.4% | 89.4% | 77.2% | 70.8% |
| Low | 24.2% | 5.2% | 83.8% | 71.9% | 65.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.67 | -0.26 | -0.05 |
| Avg | -0.65 | -0.25 | -0.05 |
| Low | -0.63 | -0.25 | -0.05 |
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.