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: $2.20 to $2.28
• 50-Day Range: $2.17 to $3.29
• 52-Week Range: $1.71 to $181.80
• Volume: 45,040 shs
• Average Volume: 65,352 shs
• Market Capitalization: $5.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Strong Buy

RIME Stock Analysis - Frequently Asked Questions

How have RIME shares performed this year?

Algorhythm's stock was trading at $17.60 at the beginning of 2025. Since then, RIME shares have decreased by 87.3% and is now trading at $2.24.

When did Algorhythm's stock split?

Shares of Algorhythm reverse split on the morning of 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.

How do I buy shares of Algorhythm?

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: 8/02/2025
• Next Earnings (Estimated): 8/18/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Recreation
• Current Symbol: NASDAQ:RIME
• Previous Symbol: NASDAQ:RIME
• 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: +123.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$23.26 million
• Net Margins: -130.44%
• Pretax Margin: -135.93%
• Return on Equity: N/A
• Return on Assets: -203.95%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 1.34
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $23.49 million
• Price / Sales: 0.24
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($148.03) per share
• Price / Book: -0.02

Miscellaneous

• Outstanding Shares: 2,510,000
• Free Float: 2,279,000
• Market Cap: $5.62 million
• Optionable: N/A
• Beta: -0.09