Texas Capital starts RumbleON with a Buy ahead of potential catalyst
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2025
0mins
Analyst Coverage Initiation: Texas Capital analyst Eric Wold has initiated coverage of RumbleON with a Buy rating and a price target of $3.50, highlighting resilience in the powersports segment, particularly motorcycles and utility vehicles.
Profitability Outlook: The reduction in inventories and a shift towards pre-owned vehicle sales are expected to enhance profitability, alongside a planned debt refinancing that could act as a positive catalyst for the company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
