B. Riley Issues Pessimistic Estimate for RumbleOn Earnings

RumbleOn, Inc. (NASDAQ:RMBL - Free Report) - Equities research analysts at B. Riley dropped their Q2 2025 earnings per share estimates for RumbleOn in a research note issued on Tuesday, November 12th. B. Riley analyst E. Wold now forecasts that the company will post earnings of $0.26 per share for the quarter, down from their prior forecast of $0.30. B. Riley currently has a "Buy" rating and a $7.00 price objective on the stock. The consensus estimate for RumbleOn's current full-year earnings is ($0.55) per share. B. Riley also issued estimates for RumbleOn's Q4 2025 earnings at ($0.01) EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.34 EPS and Q3 2026 earnings at $0.03 EPS.

Separately, Wedbush decreased their price objective on shares of RumbleOn from $7.00 to $5.00 and set an "outperform" rating for the company in a report on Thursday, August 8th.

RumbleOn Stock Up 1.4 %

Shares of RMBL traded up $0.07 during trading on Thursday, reaching $5.23. The company's stock had a trading volume of 97,049 shares, compared to its average volume of 161,474. The company has a fifty day moving average of $4.84 and a two-hundred day moving average of $4.77. The company has a market cap of $184.72 million, a price-to-earnings ratio of -0.61 and a beta of 2.08. RumbleOn has a twelve month low of $3.13 and a twelve month high of $8.84. The company has a quick ratio of 0.27, a current ratio of 1.12 and a debt-to-equity ratio of 2.23.

Institutional Trading of RumbleOn

A number of large investors have recently modified their holdings of the company. Empowered Funds LLC boosted its position in RumbleOn by 8.1% during the 1st quarter. Empowered Funds LLC now owns 58,300 shares of the company's stock worth $377,000 after acquiring an additional 4,375 shares during the period. Rhumbline Advisers raised its holdings in shares of RumbleOn by 3,910.5% during the second quarter. Rhumbline Advisers now owns 19,772 shares of the company's stock valued at $81,000 after acquiring an additional 19,279 shares during the period. Magnus Financial Group LLC raised its stake in RumbleOn by 146.8% during the 3rd quarter. Magnus Financial Group LLC now owns 76,500 shares of the company's stock valued at $366,000 after purchasing an additional 45,500 shares during the period. Virtu Financial LLC acquired a new position in shares of RumbleOn in the 1st quarter worth approximately $90,000. Finally, Dimensional Fund Advisors LP grew its position in RumbleOn by 35.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 29,182 shares of the company's stock worth $120,000 after acquiring an additional 7,704 shares during the last quarter. Institutional investors and hedge funds own 66.14% of the company's stock.

RumbleOn Company Profile

RumbleOn, Inc primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products.