RumbleON - RMBL Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RumbleON in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RMBL shares.
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4 analysts have issued 1 year target prices for RumbleON's shares. Their RMBL share price forecasts range from $10.00 to $26.00. On average, they predict the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 93.5% from the stock's current price.
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RumbleON's stock was trading at $6.47 at the beginning of 2023. Since then, RMBL shares have increased by 43.7% and is now trading at $9.30.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
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RumbleON, Inc. (NASDAQ:RMBL) announced its quarterly earnings results on Wednesday, November, 9th. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.38 by $0.11. The company earned $470.27 million during the quarter, compared to analyst estimates of $458.53 million. RumbleON had a net margin of 2.44% and a trailing twelve-month return on equity of 9.05%.

RumbleON's stock reverse split on Thursday, May 21st 2020. The 1-20 reverse split was announced on Tuesday, May 19th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, May 20th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

RumbleON issued an update on its FY 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.85 billion-$1.90 billion, compared to the consensus revenue estimate of $1.96 billion.

4 employees have rated RumbleON Chief Executive Officer Marshall Chesrown on Glassdoor.com. Marshall Chesrown has an approval rating of 63% among the company's employees. This puts Marshall Chesrown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

(RMBL) raised $19 million in an IPO on Thursday, October 19th 2017. The company issued 2,000,000 shares at a price of $9.49 per share. Roth Capital Partners and Maxim Group served as the underwriters for the IPO and Aegis Capital Corp. was co-manager.

RumbleON trades on the NASDAQ under the ticker symbol "RMBL."

Shares of RMBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RMBL stock can currently be purchased for approximately $9.30.

RumbleON (NASDAQ:RMBL) has a market capitalization of $150.57 million and generates $934.73 million in revenue each year. The company earns $-9,730,000.00 in net income (profit) each year or $2.99 on an earnings per share basis.

The company employs 2,019 workers across the globe.

RumbleON's mailing address is 901 W. WALNUT HILL LANE, IRVING TX, 75038. The official website for the company is www.rumbleon.com. The company can be reached via phone at (214) 771-9952 or via email at investors@rumbleon.com.