Algorhythm (RIME) Stock Price, News & Analysis

Company Overview

Algorhythm Holdings, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. The company was formerly known as The Singing Machine Company, Inc. and changed its name to Algorhythm Holdings, Inc. in September 2024. Algorhythm Holdings, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.

Key Stats

• Today's Range: $0.73 to $0.81
• 50-Day Range: $0.61 to $1.52
• 52-Week Range: $0.54 to $4.58
• Volume: 314,783 shs
• Average Volume: 4.99 million shs
• Market Capitalization: $10.71 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Hold

Algorhythm Stock Analysis - MarketRank™

Algorhythm scored higher than 51% of companies evaluated by MarketBeat, and ranked 195th out of 300 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Algorhythm has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 strong buy rating, no buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Algorhythm has a consensus price target of $5.00, representing about 583.8% upside from its current price of $0.73.

Amount of Analyst Coverage

Algorhythm has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Algorhythm are expected to grow in the coming year, from ($3.05) to ($1.98) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Algorhythm is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Algorhythm is -0.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Algorhythm has a P/B Ratio of 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.76% of the float of Algorhythm has been sold short.

Short Interest Ratio / Days to Cover

Algorhythm has a short interest ratio ("days to cover") of 0.86, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Algorhythm has recently decreased by 17.90%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Algorhythm does not currently pay a dividend.

Dividend Growth

Algorhythm does not have a long track record of dividend growth.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

Algorhythm has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Algorhythm this week, compared to 4 articles on an average week.

Search Interest

Only 4 people have searched for RIME on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.

MarketBeat Follows

4 people have added Algorhythm to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Algorhythm insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.94% of the stock of Algorhythm is held by insiders.

Percentage Held by Institutions

Algorhythm has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 4/01/2026
• Today: 5/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Recreation
• Current Symbol: NASDAQ:RIME
• Previous Symbol: NASDAQ:MICS
• CIK: 923601
• Web: singingmachine.com
• Phone: (954) 596-1000
• Fax: 954-596-2000
• Employees: 27
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Algorhythm: $5.00
• High Price Target: $5.00
• Low Price Target: $5.00
• Potential Upside/Downside: +583.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.48)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$15.87 million
• Net Margins: N/A
• Pretax Margin: -194.92%
• Return on Equity: -1,187.86%
• Return on Assets: -91.57%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.90
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $4.39 million
• Price / Sales: 2.44
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.22 per share
• Price / Book: 3.32

Miscellaneous

• Outstanding Shares: 14,650,000
• Free Float: 14,514,000
• Market Cap: $10.71 million
• Optionable: N/A
• Beta: -0.21