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NASDAQ:RIME

Algorhythm (RIME) Stock Price, News & Analysis

Algorhythm logo
$2.87 -0.42 (-12.77%)
As of 06/4/2025 04:00 PM Eastern

About Algorhythm Stock (NASDAQ:RIME)

Key Stats

Today's Range
$2.81
$3.57
50-Day Range
$2.02
$3.29
52-Week Range
$1.71
$157.22
Volume
1.46 million shs
Average Volume
291,486 shs
Market Capitalization
$7.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00
Consensus Rating
Buy

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.

Algorhythm Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
35th Percentile Overall Score

RIME MarketRank™: 

Algorhythm scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Algorhythm has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

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

  • Read more about Algorhythm's stock forecast and price target.
  • Price to Book Value per Share Ratio

    Algorhythm has a P/B Ratio of 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for RIME.
  • Dividend Yield

    Algorhythm does not currently pay a dividend.

  • Dividend Growth

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

  • Short Interest

    There is no current short interest data available for RIME.
  • News Sentiment

    Algorhythm has a news sentiment score of 0.33. 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 0.68 average news sentiment score of Business Services companies.
  • News Coverage This Week

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

    1 people have searched for RIME on MarketBeat in the last 30 days.
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RIME Stock News Headlines

Dalio heeds Buffett’s warning… [$319 million stake in gold]
Dalio bought a gold ETF… I don’t recommend that for the average retail investor. The real upside is in profitable miners selling at deep discounts. I call this price gap the Golden Anomaly — and I’ve put together a full report on my top four picks.
See More Headlines

RIME Stock Analysis - Frequently Asked Questions

Algorhythm's stock was trading at $17.60 at the start of the year. Since then, RIME shares have decreased by 83.7% and is now trading at $2.87.
View the best growth stocks for 2025 here
.

Algorhythm shares reverse split before market open on Monday, February 10th 2025. The 1-200 reverse split was announced on Wednesday, February 5th 2025. The number of shares owned by shareholders was adjusted after the market closes on Sunday, February 9th 2025. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

Shares of RIME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Today
6/05/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Prerecorded records & tapes
Sub-Industry
Recreation
Current Symbol
NASDAQ:RIME
Previous Symbol
NASDAQ:RIME
Employees
27
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+74.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
-48.50%

Debt

Sales & Book Value

Annual Sales
$23.06 million
Price / Cash Flow
N/A
Book Value
$359.13 per share
Price / Book
0.01

Miscellaneous

Free Float
2,158,000
Market Cap
$7.22 million
Optionable
N/A
Beta
0.20
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This page (NASDAQ:RIME) was last updated on 6/5/2025 by MarketBeat.com Staff
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