Wedbush Estimates RumbleOn’s Q1 Earnings (NASDAQ:RMBL)

RumbleOn, Inc. (NASDAQ:RMBL) – Equities researchers at Wedbush issued their Q1 2025 earnings estimates for RumbleOn in a report issued on Wednesday, March 12th. Wedbush analyst S. Basham forecasts that the company will earn ($0.26) per share for the quarter. Wedbush currently has a “Outperform” rating and a $5.00 target price on the stock. The consensus estimate for RumbleOn’s current full-year earnings is ($0.89) per share. Wedbush also issued estimates for RumbleOn’s Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.22) EPS, FY2025 earnings at ($0.51) EPS and FY2026 earnings at $0.05 EPS.

Other analysts have also recently issued research reports about the stock. DA Davidson reduced their price objective on shares of RumbleOn from $5.00 to $4.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 12th. Robert W. Baird reduced their price objective on shares of RumbleOn from $8.00 to $5.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 12th. Finally, B. Riley cut shares of RumbleOn from a “buy” rating to a “neutral” rating and set a $7.00 price objective on the stock. in a research note on Friday, November 29th.

RumbleOn Stock Down 0.3 %

Shares of NASDAQ:RMBL opened at $3.54 on Monday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.29 and a current ratio of 1.12. RumbleOn has a 52-week low of $3.13 and a 52-week high of $7.06. The company has a market capitalization of $125.21 million, a PE ratio of -0.42 and a beta of 2.17. The company has a fifty day moving average of $4.28 and a 200-day moving average of $4.91.

Institutional Trading of RumbleOn

A number of institutional investors have recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in RumbleOn by 36.4% during the fourth quarter. Wells Fargo & Company MN now owns 10,084 shares of the company’s stock valued at $55,000 after acquiring an additional 2,689 shares during the last quarter. State Street Corp boosted its position in shares of RumbleOn by 1.7% during the 3rd quarter. State Street Corp now owns 181,190 shares of the company’s stock worth $868,000 after purchasing an additional 3,061 shares in the last quarter. Empowered Funds LLC boosted its position in shares of RumbleOn by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 66,150 shares of the company’s stock worth $317,000 after purchasing an additional 3,350 shares in the last quarter. Barclays PLC boosted its position in shares of RumbleOn by 21.2% during the 4th quarter. Barclays PLC now owns 25,787 shares of the company’s stock worth $140,000 after purchasing an additional 4,509 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of RumbleOn by 18.8% during the 4th quarter. Bank of New York Mellon Corp now owns 38,380 shares of the company’s stock worth $208,000 after purchasing an additional 6,084 shares in the last quarter. Institutional investors own 66.14% of the company’s stock.

RumbleOn Company Profile

RumbleOn, Inc primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products.