In last trading session, Rumble Inc (NASDAQ:RUM) saw 2.28 million shares changing hands with its beta currently measuring 0.67. Company’s recent per share price level of $8.21 trading at $0.42 or 5.39% at ring of the bell on the day assigns it a market valuation of $5.00B. That closing price of RUM’s stock is at a discount of -111.94% from its 52-week high price of $17.40 and is indicating a premium of 40.07% from its 52-week low price of $4.92. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.6 million shares which gives us an average trading volume of 6.56 million if we extend that period to 3-months.
For Rumble Inc (RUM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Rumble Inc (NASDAQ:RUM) trade information
Upright in the green during last session for gaining 5.39%, in the last five days RUM remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $8.21 price level, adding 8.06% to its value on the day. Rumble Inc’s shares saw a change of -36.89% in year-to-date performance and have moved -7.34% in past 5-day. Rumble Inc (NASDAQ:RUM) showed a performance of -32.98% in past 30-days. Number of shares sold short was 9.95 million shares which calculate 4.05 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 15 to the stock, which implies a rise of 45.27% to its current value. Analysts have been projecting 15 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would drop -82.7% in reaching the projected high whereas dropping to the targeted low would mean a loss of -82.7% for stock’s current value.
Rumble Inc (RUM) estimates and forecasts
This year revenue growth is estimated to rise 17.35% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 29.73M for the same. And 3 analysts are in estimates of company making revenue of 25.08M in the next quarter. Company posted 20.39M and 17.73M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -6.90% while estimates for its earnings growth in next 5 years are of 33.14%.
Rumble Inc (NASDAQ:RUM)’s Major holders
Insiders are in possession of 57.07% of company’s total shares while institution are holding 15.78 percent of that, with stock having share float percentage of 36.75%. Investors also watch the number of corporate investors in a company very closely, which is 15.78% institutions for Rumble Inc that are currently holding shares of the company. AUSTIN PRIVATE WEALTH, LLC is the top institutional holder at RUM for having 34.0 million shares of worth $19.0. And as of 2024-06-30, it was holding 16.6592 of the company’s outstanding shares.
The second largest institutional holder is CANTOR FITZGERALD, L. P., which was holding about 9.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.5696 of outstanding shares, having a total worth of $44.01 million.
