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Rumble (NASDAQ:RUM) Stock, Analyst Ratings, Price Targets, Forecasts
Rumble Inc has a consensus price target of $10 based on the ratings of 3 analysts. The high is $12 issued by DA Davidson on May 16, 2023. The low is $8 issued by Wedbush on August 13, 2024. The 3 most-recent analyst ratings were released by Wedbush, Wedbush, and DA Davidson on August 13, 2024, July 17, 2024, and May 16, 2023, respectively. With an average price target of $9.33 between Wedbush, Wedbush, and DA Davidson, there's an implied 47.21% upside for Rumble Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wedbush
DA Davidson
1calculated from analyst ratings
Analyst Ratings for Rumble
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FAQ
What is the target price for Rumble (RUM) stock?
The latest price target for Rumble (NASDAQ:RUM) was reported by Wedbush on August 13, 2024. The analyst firm set a price target for $8.00 expecting RUM to rise to within 12 months (a possible 26.18% upside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Rumble (RUM)?
The latest analyst rating for Rumble (NASDAQ:RUM) was provided by Wedbush, and Rumble reiterated their neutral rating.
When was the last upgrade for Rumble (RUM)?
There is no last upgrade for Rumble
When was the last downgrade for Rumble (RUM)?
There is no last downgrade for Rumble.
When is the next analyst rating going to be posted or updated for Rumble (RUM)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rumble, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rumble was filed on August 13, 2024 so you should expect the next rating to be made available sometime around August 13, 2025.
Is the Analyst Rating Rumble (RUM) correct?
While ratings are subjective and will change, the latest Rumble (RUM) rating was a reiterated with a price target of $8.00 to $8.00. The current price Rumble (RUM) is trading at is $6.34, which is out of the analyst’s predicted range.
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