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: $0.68 to $0.77
• 50-Day Range: $0.61 to $1.26
• 52-Week Range: $0.54 to $4.58
• Volume: 318,985 shs
• Average Volume: 4.43 million shs
• Market Capitalization: $11.11 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Reduce

Algorhythm Stock Analysis - MarketRank™

Algorhythm scored higher than 27% of companies evaluated by MarketBeat, and ranked 228th out of 295 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: 1.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Algorhythm has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and 1 sell rating.

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 ($1.55) to ($1.07) 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.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.71% 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 0.75, 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 13.85%, 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: 3.7 / 5
• News Sentiment: N/A

News Sentiment

Algorhythm has a news sentiment score of 1.89. 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 higher news sentiment than the 0.79 average news sentiment score of Business Services companies.

MarketBeat Follows

4 people have added Algorhythm to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 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: 6/16/2026
• Next Earnings (Estimated): 8/18/2026
• 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

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: 2.53
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.54) per share
• Price / Book: -1.33

Miscellaneous

• Outstanding Shares: 15,430,000
• Free Float: 15,281,000
• Market Cap: $11.11 million
• Optionable: N/A
• Beta: -0.26