Rumble Inc (RUM, Financial) is set to release its Q4 2024 earnings on March 25, 2025. The consensus estimate for Q4 2024 revenue is $29.73 million, and the earnings are expected to come in at -$0.12 per share. The full year 2024's revenue is expected to be $95.01 million, and the earnings are expected to be -$0.62 per share. More detailed estimate data can be found on the Forecast page.
Rumble Inc (RUM, Financial) Estimates Trends
Revenue estimates for Rumble Inc (RUM) have declined from $95.69 million to $95.01 million for the full year 2024 and increased from $113.38 million to $115.13 million for 2025 over the past 90 days. Earnings estimates have increased from -$0.63 per share to -$0.62 per share for the full year 2024 and increased from -$0.35 per share to -$0.29 per share for 2025 over the past 90 days.
Rumble Inc (RUM, Financial) Reported History
In the previous quarter of September 30, 2024, Rumble Inc's (RUM) actual revenue was $25.06 million, which missed analysts' revenue expectations of $29.25 million by -14.34%. Rumble Inc's (RUM) actual earnings were -$0.15 per share, which missed analysts' earnings expectations of -$0.125 per share by -20%. After releasing the results, Rumble Inc (RUM) was down by -9.96% in one day.
Rumble Inc (RUM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by two analysts, the average target price for Rumble Inc (RUM) is $16.50, with a high estimate of $20.00 and a low estimate of $13.00. The average target implies an upside of 113.32% from the current price of $7.74.
Based on GuruFocus estimates, the estimated GF Value for Rumble Inc (RUM, Financial) in one year is $0, suggesting a downside of -100% from the current price of $7.74.
Based on the consensus recommendation from three brokerage firms, Rumble Inc's (RUM, Financial) average brokerage recommendation is currently 2.7, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
