In the latest trading session,, 3.35 million Rumble Inc (NASDAQ:RUM) shares changed hands as the company’s beta touched 0.74. With the company’s most recent per share price at $10.68 changing hands around $0.95 or 9.76% at last look, the market valuation stands at $4.64B. RUM’s current price is a discount, trading about -62.92% off its 52-week high of $17.40. The share price had its 52-week low at $4.92, which suggests the last value was 53.93% up since then. When we look at Rumble Inc’s average trading volume, we note the 10-day average is 2.54 million shares, with the 3-month average coming to 2.56 million.
Analysts gave the Rumble Inc (RUM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended RUM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Rumble Inc (NASDAQ:RUM) trade information
Instantly RUM is in green as seen in intraday trades today. With action 20.54%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 53.34%, with the 5-day performance at 20.54% in the green. However, in the 30-day time frame, Rumble Inc (NASDAQ:RUM) is 20.68% up. Looking at the short shares, we see there were 14.29 million shares sold at short interest cover period of 6.56 days.
The consensus price target for the stock as assigned by Wall Street analysts is 8, meaning bulls need a downside of -33.5% from its recent market value. According to analyst projections, RUM’s forecast low is 8 with 8 as the target high. To hit the forecast high, the stock’s price needs a 25.09% surge from its current level, while the stock would need to tank 25.09% for it to hit the projected low.
The 2025 estimates are for Rumble Inc earnings to increase by 89.76%, but the outlook for the next 5-year period is at 71.12% per year.
RUM Dividends
Rumble Inc is expected to release its next quarterly earnings report on 2025-May-08.
Rumble Inc (NASDAQ:RUM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 50.96% of Rumble Inc shares while 17.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 34.81%. There are 17.07% institutions holding the Rumble Inc stock share, with AUSTIN PRIVATE WEALTH, LLC the top institutional holder. As of 2024-06-30, the company held 16.6592% of the shares, roughly 34.0 million RUM shares worth $19.0.
CANTOR FITZGERALD, L. P. holds the second largest percentage of outstanding shares, with 4.5696% or 9.33 million shares worth $44.01 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 3.38 shares estimated at $35.95 million under it, the former controlled 1.57% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.16% of the shares, roughly 2.49 shares worth around $26.49 million.
