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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 82.65% upside for Rumble Inc from these most-recent analyst ratings.
1calculated from analyst ratings
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 56.56% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Rumble (NASDAQ:RUM) was provided by Wedbush, and Rumble reiterated their neutral rating.
There is no last upgrade for Rumble
There is no last downgrade for Rumble.
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.
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 $5.11, which is out of the analyst’s predicted range.
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