Research Analysts Issue Forecasts for Rumble Q1 Earnings

Rumble Inc. (NASDAQ:RUM) – Wedbush issued their Q1 2025 EPS estimates for Rumble in a research report issued on Wednesday, November 13th. Wedbush analyst S. Devitt anticipates that the company will earn ($0.06) per share for the quarter. Wedbush has a “Neutral” rating and a $8.00 price target on the stock. The consensus estimate for Rumble’s current full-year earnings is ($0.55) per share. Wedbush also issued estimates for Rumble’s Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.12) EPS and Q4 2025 earnings at ($0.08) EPS.

Rumble (NASDAQ:RUM) last issued its earnings results on Monday, August 12th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.03). The business had revenue of $22.47 million for the quarter, compared to the consensus estimate of $19.69 million. Rumble had a negative return on equity of 59.00% and a negative net margin of 152.81%.

Rumble Stock Down 3.9 %

Shares of NASDAQ:RUM opened at $5.91 on Thursday. The firm has a market capitalization of $2.30 billion, a PE ratio of -9.76 and a beta of 0.72. Rumble has a twelve month low of $3.33 and a twelve month high of $9.20. The company has a 50-day moving average price of $5.62 and a two-hundred day moving average price of $6.02.

Institutional Investors Weigh In On Rumble

Hedge funds have recently bought and sold shares of the stock. Redwood Wealth Management Group LLC bought a new stake in shares of Rumble in the 2nd quarter worth approximately $30,000. Coppell Advisory Solutions Corp. bought a new stake in Rumble during the 1st quarter valued at $81,000. Bank of New York Mellon Corp bought a new stake in Rumble during the 2nd quarter valued at $66,000. SG Americas Securities LLC bought a new stake in Rumble during the 2nd quarter valued at $67,000. Finally, Solano Wealth Management Inc. bought a new stake in Rumble during the 2nd quarter valued at $83,000. 26.15% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Robert Arsov sold 27,500 shares of the business’s stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $5.12, for a total transaction of $140,800.00. Following the completion of the transaction, the director now owns 12,659,837 shares of the company’s stock, valued at approximately $64,818,365.44. The trade was a 0.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 195,000 shares of company stock worth $1,086,500 over the last quarter. 72.90% of the stock is currently owned by company insiders.

About Rumble

Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.