Rumble (RUM) Stock Price, News & Analysis

Company Overview

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 application designed to enable a first-of-its-kind livestreaming and monetization service for creators; and Rumble Advertising Center (RAC), an online advertising management exchange. The company was founded in 2013 and is headquartered in Longboat Key, Florida.

Key Stats

• Today's Range: $5.65 to $6.10
• 50-Day Range: $5.05 to $7.21
• 52-Week Range: $3.33 to $9.20
• Volume: 3.15 million shs
• Average Volume: 3.06 million shs
• Market Capitalization: $2.25 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.00
• Consensus Rating: Hold

Rumble Stock Analysis - MarketRank™

Rumble scored higher than 24% of companies evaluated by MarketBeat, and ranked 567th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Rumble has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rumble has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Rumble are expected to grow in the coming year, from ($0.55) to ($0.31) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rumble is -11.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rumble is -11.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Rumble has a P/B Ratio of 10.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

20.45% of the float of Rumble has been sold short.

Short Interest Ratio / Days to Cover

Rumble has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in Rumble has recently increased by 3.07%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rumble does not currently pay a dividend.

Dividend Growth

Rumble does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

20.45% of the float of Rumble has been sold short.

Short Interest Ratio / Days to Cover

Rumble has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in Rumble has recently increased by 3.07%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.12

News Sentiment

Rumble has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Rumble this week, compared to 19 articles on an average week.

Search Interest

20 people have searched for RUM on MarketBeat in the last 30 days. This is an increase of 567% compared to the previous 30 days.

MarketBeat Follows

8 people have added Rumble to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Rumble insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,086,500.00 in company stock.

Percentage Held by Insiders

72.90% of the stock of Rumble is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 26.15% of the stock of Rumble is held by institutions.

RUM Stock Analysis - Frequently Asked Questions

How have RUM shares performed this year?

Rumble's stock was trading at $4.49 on January 1st, 2024. Since then, RUM stock has increased by 52.1% and is now trading at $6.83.
View the best growth stocks for 2024 here.

How were Rumble's earnings last quarter?

Rumble Inc. (NASDAQ:RUM) posted its quarterly earnings data on Tuesday, May, 14th. The company reported ($0.15) earnings per share for the quarter, topping analysts' consensus estimates of ($0.19) by $0.04. The firm earned $17.73 million during the quarter, compared to the consensus estimate of $18.27 million. Rumble had a negative net margin of 163.37% and a negative trailing twelve-month return on equity of 54.31%.

Who are Rumble's major shareholders?

Top institutional shareholders of Rumble include Charles Schwab Investment Management Inc. (0.12%), Cypress Point Wealth Management LLC, RIA Advisory Group LLC and Belvedere Trading LLC. Insiders that own company stock include Robert Arsov, Brandon Alexandroff, Wojciech Hlibowicki, Claudio Ramolo and David O Sacks.
View institutional ownership trends.

How do I buy shares of Rumble?

Shares of RUM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Rumble own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rumble investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), SoFi Technologies (SOFI) and Intel (INTC).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 11/13/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/26/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:RUM
• CUSIP: N/A
• CIK: 1830081
• Web: www.rumble.com
• Phone: 941-210-0196
• Fax: N/A
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.00
• High Stock Price Target: $8.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +34.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.62)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-116,420,000.00
• Net Margins: -163.37%
• Pretax Margin: -167.38%
• Return on Equity: -54.31%
• Return on Assets: -44.57%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.56
• Quick Ratio: 4.56

Sales & Book Value

• Annual Sales: $80.96 million
• Price / Sales: 28.49
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.65 per share
• Price / Book: 9.12

Miscellaneous

• Outstanding Shares: 389,010,000
• Free Float: 105,423,000
• Market Cap: $2.31 billion
• Optionable: Optionable
• Beta: 0.72