The price of RUM is predicted to go up -11.8%, based on the high correlation periods with RES. The similarity of these two price pattern on the periods is 91.3%.
RUM
RES
Down: -11.8%Similarity: 91.3%
RUM Revenue Forecast
RUM EPS Forecast
RUM FAQs
What is bull’s view on RUM?
Rumble (RUM) stock is currently trading around $12.25, with a bullish price target of $20 set by Maxim analyst Tom Forte, implying a potential upside of 63%. This optimism is driven by strong user growth, record-breaking livestream metrics, and strategic investments like the $775 million from Tether. However, the stock's valuation at 30x sales demands sustained revenue growth to justify long-term gains.
What is bear's view on RUM?
RUM stock currently trades at $12.39, below the analyst target of $20, reflecting skepticism about its valuation and growth prospects. Despite recent bullish momentum driven by record user engagement and strategic investments, the stock's high valuation (30x sales) and lack of profitability raise concerns. Bears view RUM as overvalued unless it demonstrates sustained revenue growth and margin improvements.
What is RUM revenue forecast for next quarter?
The market consensus for RUM's revenue in the upcoming quarter is projected to be approximately $25.079M USD.