Rumble (NASDAQ:RUM) Reaches New 1-Year High - Should You Buy?

Key Points

• Rumble shares reached a new 52-week high of $10.60 and were recently trading around $10.23, supported by investor enthusiasm over the company’s planned expansion into AI infrastructure and cloud services.
• The company raised third-quarter 2026 revenue guidance to $87 million–$93 million from approximately $40.4 million in the prior quarter, but the proposed GPU buildout could require $6.4 billion–$10.25 billion in funding, creating dilution, leverage and execution risks.
• Despite 61% year-over-year quarterly revenue growth, Rumble remains unprofitable and missed its latest EPS estimate; analysts’ consensus rating is “Sell,” with Wall Street Zen also downgrading the stock to Sell.

Shares of Rumble Inc. (NASDAQ:RUM - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $10.60 and last traded at $10.23, with a volume of 8930072 shares. The stock had previously closed at $9.36.

Key Headlines Impacting Rumble

Here are the key news stories impacting Rumble this week:

• Positive Sentiment: The GPU agreement provides substantial long-term revenue visibility and could make cloud services Rumble’s primary growth engine. Management has raised third-quarter 2026 revenue guidance to $87 million–$93 million, versus approximately $40.4 million in the prior quarter. Wiring the AI Boom: Rumble's $13.7B Pivot
• Positive Sentiment: CEO Chris Pavlovski said Rumble intends to compete with AI infrastructure companies CoreWeave and Nebius, reinforcing expectations that the company is pursuing a much larger role in the rapidly expanding AI-compute market. RUM Group Surges 11% as CEO Vows to Take On CoreWeave and Nebius
• Positive Sentiment: An investment analysis upgraded RUM Group to speculative Buy, citing potential revenue above $3 billion by 2028 and significant operating leverage if the GPU buildout succeeds. RUM Group: Great Risk That Offers Great Potential
• Neutral Sentiment: The company is planning a 250-megawatt-plus AI infrastructure expansion in Georgia. The scale of the opportunity has attracted bullish investor attention, but execution and customer concentration remain important considerations. Georgia Infrastructure Expansion Anchors $13.7 Billion RUM Group Contract
• Negative Sentiment: Rumble may need to raise approximately $6.4 billion–$10.25 billion to fund the buildout. Debt financing could materially increase leverage, while equity financing could dilute existing shareholders. The company remains unprofitable, making near-term cash burn and margin pressure significant risks. RUM Group: Great Risk That Offers Great Potential

Wall Street Analysts Forecast Growth

Several equities analysts have commented on RUM shares. Wall Street Zen downgraded Rumble from a "hold" rating to a "sell" rating in a research report on Saturday, August 15th. Weiss Ratings reissued a "sell (d-)" rating on shares of Rumble in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

Rumble Stock Up 9.3%

The company's 50 day moving average price is $6.69 and its two-hundred day moving average price is $6.54. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.25. The stock has a market cap of $5.07 billion, a P/E ratio of -17.34 and a beta of 1.14.

Rumble (NASDAQ:RUM - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.18). The firm had revenue of $40.37 million during the quarter, compared to analysts' expectations of $31.23 million. Rumble had a negative net margin of 134.60% and a negative return on equity of 22.77%. The firm's revenue for the quarter was up 61.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.12) EPS. As a group, research analysts expect that Rumble Inc. will post -0.69 earnings per share for the current year.

Institutional Trading of Rumble

Several institutional investors and hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System lifted its stake in Rumble by 627.5% in the second quarter. California State Teachers Retirement System now owns 516,881 shares of the company's stock worth $3,277,000 after acquiring an additional 445,828 shares during the period. Handelsbanken Fonder AB raised its holdings in shares of Rumble by 38.1% in the 2nd quarter. Handelsbanken Fonder AB now owns 39,500 shares of the company's stock valued at $250,000 after purchasing an additional 10,900 shares in the last quarter. Cooper Creek Partners Management LLC raised its holdings in shares of Rumble by 54.1% in the 1st quarter. Cooper Creek Partners Management LLC now owns 5,242,497 shares of the company's stock valued at $26,737,000 after purchasing an additional 1,840,893 shares in the last quarter. State of Wyoming purchased a new stake in shares of Rumble in the 1st quarter worth approximately $62,000. Finally, Bank of New York Mellon Corp lifted its position in shares of Rumble by 0.5% in the 1st quarter. Bank of New York Mellon Corp now owns 322,245 shares of the company's stock worth $1,643,000 after purchasing an additional 1,475 shares during the period. 26.15% of the stock is currently owned by institutional investors.

About Rumble

Rumble Inc operates a video-sharing platform designed to offer creators and audiences an alternative to traditional social media and streaming services. The company's primary business activities include hosting, distributing and monetizing user–generated and professional video content. Through its platform, Rumble enables content creators to retain a higher share of advertising revenue and maintain greater control over their intellectual property, while offering viewers open access to a wide range of videos spanning news, sports, entertainment and educational programming.

In addition to its core video platform, Rumble provides cloud–based video hosting and delivery services via Rumble Cloud, a content–delivery network (CDN) designed to support high–volume streaming and storage.

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