NYSE:RBT

Rubicon Technologies (RBT) Stock Forecast, Price & News

$2.06

-0.02 (-0.96%)

(As of 10/2/2023 ET)

Compare

Today's Range: $1.97
▼
$2.13
50-Day Range: $2.06
▼
$13.80
52-Week Range: $1.97
▼
$27.36

Volume: 250,289 shs
Average Volume: 308,985 shs
Market Capitalization: $75.19 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $25.60

Rubicon Technologies MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 1,142.7% Upside
$25.60 Price Target
Short Interest: Healthy
0.20% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.30
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$357,240 Bought Last Quarter
Proj. Earnings Growth: Decreasing
From ($4.96) to ($6.32) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Business Services Sector

137th out of 309 stocks

Prepackaged Software Industry

88th out of 206 stocks

3.5

Analyst's Opinion

Consensus Rating
Rubicon Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.60, Rubicon Technologies has a forecasted upside of 1,142.7% from its current price of $2.06.
Amount of Analyst Coverage
Rubicon Technologies has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.20% of the float of Rubicon Technologies has been sold short.
Short Interest Ratio / Days to Cover
Rubicon Technologies has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Rubicon Technologies has recently decreased by 56.94%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Rubicon Technologies does not currently pay a dividend.
Dividend Growth
Rubicon Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RBT.

2.4

News and Social Media Coverage

News Sentiment
Rubicon Technologies has a news sentiment score of 0.30. 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 0.67 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Rubicon Technologies this week, compared to 1 article on an average week.
Search Interest
61 people have searched for RBT on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Rubicon Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rubicon Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $357,240.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.51% of the stock of Rubicon Technologies is held by insiders.
Percentage Held by Institutions
56.31% of the stock of Rubicon Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Rubicon Technologies are expected to decrease in the coming year, from ($4.96) to ($6.32) per share.

See Top Rated MarketRank™ Stocks Here

About Rubicon Technologies (NYSE:RBT) Stock

Rubicon Technologies, Inc., a digital marketplace for waste and recycling services, provides cloud-based waste and recycling solutions to businesses, governments, and organizations worldwide. The company provides solutions for waste generators; and haulers and recyclers. It offers consultation and management services to customers for waste removal, waste management, logistics, and recycling solutions. Its consultation and management services include planning, consolidation of billing and administration, cost savings analyses, and vendor performance monitoring and management. In addition, the company offers logistics services; and markets and resells recyclable commodities. Rubicon Technologies, Inc. was founded in 2008 and is headquartered in Lexington, Kentucky.

RBT Price History

30 days | 90 days | 365 days | Advanced Chart

RBT Stock News Headlines

September 27, 2023 | finance.yahoo.com

Is There An Opportunity With Rubicon Technologies, Inc.'s (NYSE:RBT) 34% Undervaluation?

September 21, 2023 | finance.yahoo.com

Rubicon and City of Phoenix Announce Smart City Partnership to Drive Cost Savings, Efficiency, and Innovation in Public Works Operations

October 3, 2023 | Behind the Markets (Ad)

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September 20, 2023 | finance.yahoo.com

Announcing Rubicon’s Next Summit Digital: Conversations on the Future of Fleet Operations

September 18, 2023 | finance.yahoo.com

Rubicon Pioneers the Zero-Waste Future of the Grocery Sector

September 15, 2023 | finance.yahoo.com

Rubicon Technologies Announces 1-for-8 Reverse Stock Split

September 14, 2023 | finance.yahoo.com

Rubicon to Participate in SHARE Series Investor Event

August 30, 2023 | finance.yahoo.com

Rubicon Technologies Provides Further Details on Purchase of Yorkville Note

October 3, 2023 | Chaikin Analytics (Ad)

Something is Coming for America's Top Stock

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August 18, 2023 | fool.com

Rubicon Technologies (NYSE: RBT)

August 15, 2023 | finance.yahoo.com

Rubicon Technologies, Inc. (RBT) Is Attractively Priced Despite Fast-paced Momentum

August 15, 2023 | finance.yahoo.com

Individual investors are Rubicon Technologies, Inc.'s (NYSE:RBT) biggest owners and were hit after market cap dropped US$97m

August 4, 2023 | benzinga.com

Massive Insider Trade At Rubicon Technologies

August 2, 2023 | investorplace.com

Why Is Rubicon Technologies (RBT) Stock Up 32% Today?

July 26, 2023 | finance.yahoo.com

Rubicon Technologies to Hold Second Quarter 2023 Earnings Call on August 8

July 20, 2023 | money.usnews.com

Rubicon Technologies Inc - Ordinary Shares - Class A

July 19, 2023 | uk.finance.yahoo.com

RBT - Rubicon Technologies, Inc.

July 18, 2023 | investorplace.com

Palantir Is Giving Rubicon Technologies (RBT) Stock a Huge Boost

July 10, 2023 | finance.yahoo.com

Quest Resource Holding Corporation Appoints Industry Veteran, Perry W. Moss, as Senior Vice President of Sales

June 22, 2023 | finance.yahoo.com

Rubicon Announces New Multi-Year Agreement with Artisent Floors

June 20, 2023 | markets.businessinsider.com

Cantor Fitzgerald Reaffirms Their Buy Rating on Rubicon Technologies (RBT)

June 14, 2023 | finance.yahoo.com

Rubicon Technologies Provides Update on Enhanced Liquidity and Progress of Strategic Plan

June 13, 2023 | finance.yahoo.com

RUBICONSmartCity™ Reaches Milestone; The Company’s Smart City Technology Has Been Deployed in More Than 100 Cities

June 12, 2023 | finance.yahoo.com

City and County of Denver and Rubicon Announce Launch of Smart City Partnership to Improve Efficiency in Solid Waste Collection Operations

June 8, 2023 | finance.yahoo.com

Rubicon Technologies Announces Completion of Final Key Strategic Finance Objective

May 25, 2023 | stockhouse.com

Rubicon Announces Keynote Speakers and Full Agenda for RUBICONSmartCity(TM) Next Summit 2023

May 25, 2023 | finance.yahoo.com

Rubicon Announces Keynote Speakers and Full Agenda for RUBICONSmartCity™ Next Summit 2023

See More Headlines

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RBT Company Calendar

Last Earnings: 8/08/2023
Today: 10/03/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:RBT
CUSIP: N/A
CIK: 1862068
Web: www.rubicon.com
Phone: 844-479-1507
Fax: N/A
Employees: 434
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $25.60
High Stock Price Forecast: $40.00
Low Stock Price Forecast: $11.20
Forecasted Upside/Downside: +1,142.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-281,770,000.00
Net Margins: -33.94%
Pretax Margin: -36.99%
Return on Equity: N/A
Return on Assets: -120.25%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.69
Quick Ratio: 0.69

Sales & Book Value

Annual Sales: $675.39 million
Price / Sales: 0.11
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($7.24) per share
Price / Book: -0.28

Miscellaneous

Outstanding Shares: 36,500,000
Free Float: 33,763,000
Market Cap: $75.19 million
Optionable: Optionable
Beta: 1.94

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Key Executives

Mr. Philip Rodoni (Age 50)
CEO & Director
Comp: $2.44M

Mr. Renaud de Viel Castel (Age 44)
Chief Operations Officer
Comp: $1.76M

Mr. Kevin Michael Schubert (Age 46)
CFO, Pres, & Corp. Sec.

Mr. Dan Sampson (Age 47)
Chief Marketing & Communications Officer

Lauren Guilbeau
Interim Head of HR

Mr. David Rachelson (Age 41)
Chief Sustainability Officer

Mr. Chris P. Spooner
Exec. VP of Fin.

Mr. Tom Owston (Age 36)
Chief Commercial Officer

Mr. Conor Riffle
Sr. VP of Smart Cities

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RBT Stock - Frequently Asked Questions

Should I buy or sell Rubicon Technologies stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rubicon Technologies in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RBT shares.
View RBT analyst ratings or view top-rated stocks.
What is Rubicon Technologies' stock price forecast for 2023?: 2 Wall Street research analysts have issued 12-month target prices for Rubicon Technologies' shares. Their RBT share price forecasts range from $11.20 to $40.00. On average, they predict the company's share price to reach $25.60 in the next twelve months. This suggests a possible upside of 1,142.7% from the stock's current price.
View analysts price targets for RBT or view top-rated stocks among Wall Street analysts.
How have RBT shares performed in 2023?: Rubicon Technologies' stock was trading at $14.24 on January 1st, 2023. Since then, RBT shares have decreased by 85.5% and is now trading at $2.06.
View the best growth stocks for 2023 here.
Are investors shorting Rubicon Technologies?: Rubicon Technologies saw a decline in short interest in September. As of September 15th, there was short interest totaling 296,600 shares, a decline of 56.9% from the August 31st total of 688,800 shares. Based on an average trading volume of 5,140,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company's stock are short sold.
View Rubicon Technologies' Short Interest.
When is Rubicon Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our RBT earnings forecast.
How were Rubicon Technologies' earnings last quarter?: Rubicon Technologies, Inc. (NYSE:RBT) announced its quarterly earnings results on Tuesday, August, 8th. The company reported ($0.96) EPS for the quarter, topping the consensus estimate of ($3.52) by $2.56. The company had revenue of $174.56 million for the quarter.

When did Rubicon Technologies' stock split?: Rubicon Technologies shares reverse split on the morning of Wednesday, September 27th 2023. The 1-8 reverse split was announced on Wednesday, September 27th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, September 27th 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.
What is Rubicon Technologies' stock symbol?: Rubicon Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBT."
How do I buy shares of Rubicon Technologies?: Shares of RBT 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.
Compare Top Brokerages Here.
What is Rubicon Technologies' stock price today?: One share of RBT stock can currently be purchased for approximately $2.06.
How much money does Rubicon Technologies make?: Rubicon Technologies (NYSE:RBT) has a market capitalization of $75.19 million and generates $675.39 million in revenue each year.
How many employees does Rubicon Technologies have?: The company employs 434 workers across the globe.
How can I contact Rubicon Technologies?: Rubicon Technologies' mailing address is 11752 LAKE POTOMAC DRIVE, POTOMAC MD, 20854. The official website for the company is www.rubicon.com. The company can be reached via phone at 844-479-1507 or via email at rubiconir@icrinc.com.

This page (NYSE:RBT) was last updated on 10/3/2023 by MarketBeat.com Staff

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