RumbleON (RMBL) Stock Forecast, Price Target & Predictions
RMBL Stock Forecast
RumbleON stock forecast is as follows: an average price target of $6.75 (represents a 10.66% upside from RMBL’s last price of $6.10) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
RMBL Price Target
The average price target for RumbleON (RMBL) is $6.75 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $5.50. This represents a potential 10.66% upside from RMBL's last price of $6.10.
RMBL Analyst Ratings
According to 1 Wall Street analysts, RumbleON's rating consensus is 'Buy'. The analyst rating breakdown for RMBL stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
RumbleON Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 12, 2024 | Michael Baker | D.A. Davidson | $5.50 | $4.96 | 10.89% | -9.84% |
| Aug 08, 2024 | Craig Kennison | Robert W. Baird | $8.00 | $3.40 | 135.29% | 31.15% |
The latest RumbleON stock forecast, released on Nov 12, 2024 by Michael Baker from D.A. Davidson, set a price target of $5.50, which represents a 10.89% increase from the stock price at the time of the forecast ($4.96), and a -9.84% decrease from RMBL last price ($6.10).
RumbleON Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $5.50 | $5.50 | $6.75 |
| Last Closing Price | $6.10 | $6.10 | $6.10 |
| Upside/Downside | -9.84% | -9.84% | 10.66% |
In the current month, the average price target of RumbleON stock is $5.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -9.84% decrease as opposed to RumbleON's last price of $6.10. This month's average price target is down 0.00% compared to last quarter, and down -18.52% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 09, 2024 | Wedbush | Buy | Buy | Hold |
RumbleON's last stock rating was published by Wedbush on May 09, 2024. The company gave RMBL a "Buy" rating, the same as its previous rate.
RumbleON Financial Forecast
RumbleON Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $311.10M | $338.11M | $382.73M | $346.30M | $369.51M | $470.27M | $546.10M | $459.92M | $444.62M | $221.21M | $168.35M | $104.26M | $70.68M | $117.26M | $84.34M | $144.42M | $126.95M | $220.32M |
| Avg Forecast | $325.40M | $336.30M | $393.80M | $345.90M | $300.96M | $322.45M | $359.10M | $312.20M | $279.89M | $301.42M | $383.86M | $329.73M | $339.34M | $354.97M | $408.13M | $334.53M | $398.55M | $466.37M | $513.58M | $442.76M | $375.23M | $234.49M | $143.40M | $97.05M | $97.70M | $108.25M | $107.45M | $212.90M | $141.83M | $235.06M |
| High Forecast | $329.50M | $340.53M | $398.76M | $350.25M | $304.75M | $326.51M | $363.62M | $317.72M | $281.52M | $302.88M | $388.69M | $329.73M | $345.84M | $354.97M | $413.27M | $338.74M | $403.56M | $466.37M | $513.58M | $442.76M | $375.23M | $234.49M | $143.40M | $97.05M | $97.70M | $108.25M | $107.45M | $212.90M | $141.83M | $235.06M |
| Low Forecast | $318.83M | $329.51M | $385.85M | $338.92M | $294.89M | $315.94M | $351.85M | $306.67M | $278.26M | $299.96M | $376.11M | $329.73M | $332.84M | $354.97M | $399.89M | $327.78M | $390.50M | $466.37M | $513.58M | $442.76M | $375.23M | $234.49M | $143.40M | $97.05M | $97.70M | $108.25M | $107.45M | $212.90M | $141.83M | $235.06M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.95% | 0.94% | 1.04% | 0.93% | 1.01% | 1.06% | 1.04% | 1.18% | 0.94% | 1.17% | 1.07% | 0.72% | 1.08% | 0.78% | 0.68% | 0.90% | 0.94% |
RumbleON's average Quarter revenue forecast for Mar 24 based on 1 analysts is $329.73M, with a low forecast of $329.73M, and a high forecast of $329.73M. RMBL's average Quarter revenue forecast represents a 5.99% increase compared to the company's last Quarter revenue of $311.10M (Dec 23).
RumbleON EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-4.50M | $-32.59M | $-30.46M | $3.98M | $5.21M | $20.20M | $38.06M | $27.14M | $21.13M | $-26.93M | $-837.58K | $-2.24M | $-3.47M | $3.51M | $3.04M | $-19.30M | $-12.69M | $-6.37M |
| Avg Forecast | $-16.98M | $-17.55M | $-20.55M | $-18.05M | $-15.70M | $-16.83M | $-18.74M | $-16.29M | $-14.60M | $-15.73M | $-20.03M | $30.24M | $-17.71M | $-18.52M | $-21.30M | $32.34M | $-1.74M | $-4.04M | $-4.45M | $34.59M | $-3.25M | $-2.03M | $-1.24M | $-1.70M | $-846.43K | $-937.83K | $5.74M | $-1.84M | $-1.23M | $-2.04M |
| High Forecast | $-16.64M | $-17.19M | $-20.13M | $-17.68M | $-15.39M | $-16.49M | $-18.36M | $-16.00M | $-14.52M | $-15.65M | $-19.63M | $36.28M | $-17.37M | $-18.52M | $-20.87M | $38.81M | $-1.39M | $-4.04M | $-4.45M | $41.51M | $-3.25M | $-2.03M | $-1.24M | $-1.36M | $-846.43K | $-937.83K | $6.89M | $-1.84M | $-1.23M | $-2.04M |
| Low Forecast | $-17.19M | $-17.77M | $-20.81M | $-18.28M | $-15.90M | $-17.04M | $-18.97M | $-16.58M | $-14.69M | $-15.80M | $-20.28M | $24.19M | $-18.05M | $-18.52M | $-21.56M | $25.87M | $-2.09M | $-4.04M | $-4.45M | $27.67M | $-3.25M | $-2.03M | $-1.24M | $-2.04M | $-846.43K | $-937.83K | $4.60M | $-1.84M | $-1.23M | $-2.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | 1.76% | 1.43% | 0.12% | -2.99% | -5.00% | -8.55% | 0.78% | -6.50% | 13.26% | 0.67% | 1.32% | 4.09% | -3.74% | 0.53% | 10.46% | 10.33% | 3.13% |
1 analysts predict RMBL's average Quarter EBITDA for Jun 23 to be $-21.30M, with a high of $-20.87M and a low of $-21.56M. This is -634.81% lower than RumbleON's previous annual EBITDA (Mar 23) of $3.98M.
RumbleON Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-168.50M | $-16.48M | $-12.83M | $-16.90M | $-287.73M | $3.04M | $14.03M | $9.14M | $20.66M | $-22.54M | $-3.39M | $-4.45M | $-5.49M | $1.49M | $1.04M | $-22.04M | $-15.03M | $-8.87M |
| Avg Forecast | - | - | - | - | $-4.50M | $-2.12M | $4.76M | $-4.59M | $-10.23M | $-5.56M | $-2.05M | $10.17M | $-19.82M | $-14.75M | $13.35M | $10.88M | $-2.10M | $26.94M | $33.38M | $11.63M | $19.81M | $-9.33M | $-20.07M | $-3.38M | $-55.46M | $-79.40M | $1.98M | $-105.64M | $-267.61M | $-237.68M |
| High Forecast | - | - | - | - | $-4.38M | $-2.06M | $4.84M | $1.15M | $-9.38M | $-5.41M | $-1.99M | $12.20M | $-19.30M | $-14.37M | $13.57M | $13.05M | $-1.68M | $26.94M | $33.38M | $13.96M | $19.81M | $-9.33M | $-20.07M | $-2.70M | $-55.46M | $-79.40M | $2.37M | $-105.64M | $-267.61M | $-237.68M |
| Low Forecast | - | - | - | - | $-4.57M | $-2.15M | $4.64M | $-10.32M | $-11.08M | $-5.65M | $-2.08M | $8.14M | $-20.14M | $-15.00M | $13.00M | $8.70M | $-2.52M | $26.94M | $33.38M | $9.31M | $19.81M | $-9.33M | $-20.07M | $-4.05M | $-55.46M | $-79.40M | $1.58M | $-105.64M | $-267.61M | $-237.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 8.50% | 1.12% | -0.96% | -1.55% | 136.92% | 0.11% | 0.42% | 0.79% | 1.04% | 2.42% | 0.17% | 1.32% | 0.10% | -0.02% | 0.53% | 0.21% | 0.06% | 0.04% |
RumbleON's average Quarter net income forecast for Dec 22 is $-2.10M, with a range of $-2.52M to $-1.68M. RMBL's average Quarter net income forecast represents a -169.15% decrease compared to the company's last Quarter net income of $3.04M (Sep 22).
RumbleON SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $75.70M | $84.96M | $100.31M | $87.09M | $91.97M | $96.19M | $99.19M | $77.44M | $70.58M | $60.82M | $17.69M | $13.00M | $10.77M | $13.10M | $10.94M | $17.43M | $21.51M | $18.29M |
| Avg Forecast | $56.17M | $58.05M | $67.98M | $59.71M | $51.95M | $55.66M | $61.99M | $53.89M | $48.32M | $52.03M | $66.26M | $86.17M | $58.58M | $61.28M | $70.45M | $92.16M | $1.66M | $80.51M | $88.66M | $98.56M | $64.77M | $40.48M | $24.75M | $9.86M | $16.87M | $18.69M | $20.70M | $36.75M | $24.48M | $40.58M |
| High Forecast | $56.88M | $58.78M | $68.83M | $60.46M | $52.61M | $56.36M | $62.77M | $54.85M | $48.60M | $52.28M | $67.10M | $103.40M | $59.70M | $61.28M | $71.34M | $110.59M | $2.00M | $80.51M | $88.66M | $118.28M | $64.77M | $40.48M | $24.75M | $11.83M | $16.87M | $18.69M | $24.84M | $36.75M | $24.48M | $40.58M |
| Low Forecast | $55.04M | $56.88M | $66.61M | $58.50M | $50.90M | $54.54M | $60.74M | $52.94M | $48.03M | $51.78M | $64.93M | $68.93M | $57.46M | $61.28M | $69.03M | $73.73M | $1.33M | $80.51M | $88.66M | $78.85M | $64.77M | $40.48M | $24.75M | $7.89M | $16.87M | $18.69M | $16.56M | $36.75M | $24.48M | $40.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 1.39% | 1.42% | 0.95% | 55.31% | 1.19% | 1.12% | 0.79% | 1.09% | 1.50% | 0.71% | 1.32% | 0.64% | 0.70% | 0.53% | 0.47% | 0.88% | 0.45% |
RumbleON's average Quarter SG&A projection for Mar 24 is $86.17M, based on 1 Wall Street analysts, with a range of $68.93M to $103.40M. The forecast indicates a 13.83% rise compared to RMBL last annual SG&A of $75.70M (Dec 23).
RumbleON EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-7.82 | $-0.99 | $-0.00 | $-1.04 | $-17.80 | $0.19 | $0.87 | $0.58 | $1.37 | $-3.25 | $-1.05 | $-1.93 | $-2.51 | $0.67 | $0.47 | $-10.77 | $-13.48 | $-7.66 |
| Avg Forecast | - | - | - | - | $-0.13 | $-0.06 | $0.14 | $-0.13 | $-0.29 | $-0.16 | $-0.06 | $-0.32 | $-0.56 | $-0.42 | $0.38 | $-0.31 | $-0.09 | $0.77 | $0.95 | $0.88 | $0.56 | $-0.27 | $-0.57 | $-2.29 | $-1.57 | $-2.25 | $-4.57 | $-3.00 | $-7.60 | $-6.75 |
| High Forecast | - | - | - | - | $-0.12 | $-0.06 | $0.14 | $0.03 | $-0.27 | $-0.15 | $-0.06 | $-0.31 | $-0.55 | $-0.41 | $0.38 | $-0.30 | $-0.08 | $0.77 | $0.95 | $0.88 | $0.56 | $-0.27 | $-0.57 | $-2.29 | $-1.57 | $-2.25 | $-4.57 | $-3.00 | $-7.60 | $-6.75 |
| Low Forecast | - | - | - | - | $-0.13 | $-0.06 | $0.13 | $-0.29 | $-0.31 | $-0.16 | $-0.06 | $-0.32 | $-0.57 | $-0.42 | $0.37 | $-0.31 | $-0.09 | $0.77 | $0.95 | $0.88 | $0.56 | $-0.27 | $-0.57 | $-2.29 | $-1.57 | $-2.25 | $-4.57 | $-3.00 | $-7.60 | $-6.75 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 13.92% | 2.37% | -0.00% | 3.36% | 209.41% | 0.25% | 0.92% | 0.66% | 2.44% | 12.26% | 1.84% | 0.84% | 1.59% | -0.30% | -0.10% | 3.59% | 1.77% | 1.13% |
According to 1 Wall Street analysts, RumbleON's projected average Quarter EPS for Dec 22 is $-0.09, with a low estimate of $-0.09 and a high estimate of $-0.08. This represents a -144.74% decrease compared to RMBL previous annual EPS of $0.19 (Sep 22).
RumbleON Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CARS | Cars | $18.50 | $24.00 | 29.73% | Buy |
| DRVN | Driven Brands | $16.33 | $20.86 | 27.74% | Hold |
| AN | AutoNation | $164.83 | $193.00 | 17.09% | Buy |
| RMBL | RumbleON | $6.10 | $6.75 | 10.66% | Buy |
| SAH | Sonic Automotive | $62.57 | $61.00 | -2.51% | Hold |
| PAG | Penske Automotive Group | $159.22 | $152.50 | -4.22% | Buy |
| ABG | Asbury Automotive Group | $250.47 | $230.20 | -8.09% | Hold |
| LAD | Lithia Motors | $370.65 | $339.75 | -8.34% | Buy |
| GPI | Group 1 Automotive | $401.25 | $367.50 | -8.41% | Buy |
| CARG | CarGurus | $35.45 | $29.25 | -17.49% | Buy |
| RUSHA | Rush Enterprises | $58.94 | $46.56 | -21.00% | Buy |