Wedbush Has Optimistic Outlook of Rumble Q3 Earnings

Key Points

• Wedbush has improved its Q3 2025 EPS forecast for Rumble from (0.09) to (0.08), indicating a more positive outlook for the company's financial performance.
• Rumble's recent quarterly earnings revealed a loss of ($0.14) per share, which was lower than the consensus estimate of ($0.08), with revenues of $25.09 million for the quarter.
• Several hedge funds have increased their stakes in Rumble, with significant increases in holdings included North Star Investment Management Corp., raising their position by 60%.

Rumble Inc. (NASDAQ:RUM - Free Report) - Stock analysts at Wedbush upped their Q3 2025 earnings estimates for Rumble in a research report issued on Monday, August 11th. Wedbush analyst S. Devitt now forecasts that the company will post earnings of ($0.08) per share for the quarter, up from their prior forecast of ($0.09). The consensus estimate for Rumble's current full-year earnings is ($0.62) per share. Wedbush also issued estimates for Rumble's Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.38) EPS and FY2026 earnings at ($0.32) EPS.

Separately, Wall Street Zen downgraded shares of Rumble from a "hold" rating to a "sell" rating in a research report on Saturday.

Rumble Trading Down 0.1%

Shares of Rumble stock traded down $0.01 during trading hours on Thursday, reaching $7.89. The stock had a trading volume of 2,392,244 shares, compared to its average volume of 2,978,737. The stock's 50 day moving average is $8.87 and its 200 day moving average is $8.92. The firm has a market capitalization of $3.43 billion, a PE ratio of -5.52 and a beta of 0.72. Rumble has a twelve month low of $4.92 and a twelve month high of $17.40.

Rumble (NASDAQ:RUM - Get Free Report) last posted its earnings results on Sunday, August 10th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.06). The business had revenue of $25.09 million for the quarter, compared to analyst estimates of $26.78 million. Rumble had a negative net margin of 289.37% and a negative return on equity of 97.99%. The business's revenue was up 11.6% compared to the same quarter last year.

Institutional Trading of Rumble

Institutional investors and hedge funds have recently modified their holdings of the stock. Legal & General Group Plc boosted its holdings in Rumble by 16.0% in the 4th quarter. Legal & General Group Plc now owns 50,354 shares of the company's stock valued at $655,000 after purchasing an additional 6,937 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Rumble in the 4th quarter valued at about $468,000. Price T Rowe Associates Inc. MD boosted its holdings in Rumble by 29.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,800 shares of the company's stock valued at $232,000 after purchasing an additional 4,100 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new position in Rumble in the 4th quarter valued at about $753,000. Finally, Voloridge Investment Management LLC acquired a new position in Rumble in the 4th quarter valued at about $408,000. Hedge funds and other institutional investors own 26.15% of the company's stock.

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.