Rumble Inc (NASDAQ:RUM) Has Recovered 47.85% To Date, But An Additional -68.6% Is Possible.

In last trading session, Rumble Inc (NASDAQ:RUM) saw 2.22 million shares changing hands with its beta currently measuring 0.83. Company’s recent per share price level of $10.32 trading at -$0.03 or -0.29% at ring of the bell on the day assigns it a market valuation of $4.48B. That closing price of RUM’s stock is at a discount of -68.6% from its 52-week high price of $17.40 and is indicating a premium of 52.33% from its 52-week low price of $4.92.

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.

Rumble Inc (NASDAQ:RUM) trade information

Upright in the red during last session for losing -0.29%, in the last five days RUM remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $10.32 price level, adding 4.71% to its value on the day. Rumble Inc’s shares saw a change of -20.68% in year-to-date performance and have moved 32.65% in past 5-day. Rumble Inc (NASDAQ:RUM) showed a performance of 43.73% in past 30-days.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a fall of -29.0% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would jump 22.48% in reaching the projected high whereas dropping to the targeted low would mean a gain of 22.48% for stock’s current value.

Rumble Inc (NASDAQ:RUM)’s Major holders

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.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 2.62 shares of worth $26.99 million or 1.22% of the total outstanding shares. The later fund manager was in possession of 2.27 shares on Dec 31, 2024, making its stake of worth around $23.38 million in the company or a holder of 1.05% of company’s stock.

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