RumbleON (RMBL) Stock Forecast, Price Target & Predictions

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RMBL Stock Forecast

RumbleON stock forecast is as follows: an average price target of $6.83 (represents a 37.42% upside from RMBL’s last price of $4.97) 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 $6.83 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 37.42% upside from RMBL's last price of $4.97.

RMBL Analyst Ratings

Buy

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 29, 2024	Eric Wold	B.Riley Financial	$7.00	$6.75	3.70%	40.85%
Nov 12, 2024	Michael Baker	D.A. Davidson	$5.50	$4.96	10.89%	10.66%
Aug 08, 2024	Craig Kennison	Robert W. Baird	$8.00	$3.40	135.29%	60.97%

The latest RumbleON stock forecast, released on Nov 29, 2024 by Eric Wold from B.Riley Financial, set a price target of $7.00, which represents a 3.70% increase from the stock price at the time of the forecast ($6.75), and a 40.85% increase from RMBL last price ($4.97).

RumbleON Price Target by Period

	1M	3M	12M
# Anlaysts	1	2	3
Avg Price Target	$7.00	$6.25	$6.83
Last Closing Price	$4.97	$4.97	$4.97
Upside/Downside	40.85%	25.75%	37.42%

In the current month, the average price target of RumbleON stock is $7.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 40.85% increase as opposed to RumbleON's last price of $4.97. This month's average price target is up 12.00% compared to last quarter, and up 2.49% 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	$325.42M	$336.25M	$393.75M	$345.86M	$300.97M	$322.45M	$359.10M	$312.19M	$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	$330.20M	$341.20M	$399.55M	$350.95M	$305.40M	$327.20M	$364.39M	$317.72M	$281.51M	$302.88M	$389.51M	$329.73M	$345.84M	$354.97M	$414.14M	$339.45M	$404.41M	$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	$317.38M	$327.95M	$384.03M	$337.32M	$293.54M	$314.49M	$350.24M	$306.66M	$278.26M	$299.96M	$374.39M	$329.73M	$332.84M	$354.97M	$398.06M	$326.27M	$388.71M	$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	$-16.56M	$-17.11M	$-20.04M	$-17.60M	$-15.32M	$-16.41M	$-18.28M	$-16.00M	$-14.52M	$-15.65M	$-19.54M	$36.28M	$-17.37M	$-18.52M	$-20.77M	$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	$-17.23M	$-17.80M	$-20.85M	$-18.31M	$-15.94M	$-17.07M	$-19.01M	$-16.58M	$-14.69M	$-15.80M	$-20.32M	$24.19M	$-18.05M	$-18.52M	$-21.61M	$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 $-20.77M and a low of $-21.61M. 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	$1.41M	$1.06M	$12.00M	$2.47M	$-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	$1.44M	$1.08M	$12.23M	$2.52M	$-4.35M	$-2.05M	$4.85M	$-4.44M	$-9.38M	$-5.38M	$-1.98M	$12.20M	$-19.18M	$-14.28M	$13.61M	$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	$1.37M	$1.02M	$11.61M	$2.39M	$-4.58M	$-2.16M	$4.61M	$-4.67M	$-11.08M	$-5.66M	$-2.09M	$8.14M	$-20.20M	$-15.04M	$12.93M	$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	$58.04M	$67.97M	$59.70M	$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	$57.00M	$58.90M	$68.97M	$60.58M	$52.72M	$56.48M	$62.90M	$54.85M	$48.60M	$52.28M	$67.24M	$103.40M	$59.70M	$61.28M	$71.49M	$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	$54.79M	$56.61M	$66.29M	$58.23M	$50.67M	$54.29M	$60.46M	$52.94M	$48.03M	$51.78M	$64.63M	$68.93M	$57.46M	$61.28M	$68.71M	$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	$0.04	$0.03	$0.34	$0.07	$-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	$0.04	$0.03	$0.35	$0.07	$-0.12	$-0.06	$0.14	$-0.13	$-0.27	$-0.15	$-0.06	$-0.31	$-0.54	$-0.40	$0.39	$-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	$0.04	$0.03	$0.33	$0.07	$-0.13	$-0.06	$0.13	$-0.13	$-0.31	$-0.16	$-0.06	$-0.32	$-0.57	$-0.43	$0.37	$-0.32	$-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
AN	AutoNation	$170.49	$229.00	34.32%	Buy
CARS	Cars	$18.15	$23.00	26.72%	Buy
RMBL	RumbleON	$5.63	$6.83	21.31%	Buy
RUSHA	Rush Enterprises	$58.64	$66.00	12.55%	Buy
DRVN	Driven Brands	$16.70	$18.60	11.38%	Hold
PAG	Penske Automotive Group	$161.76	$180.00	11.28%	Buy
GPI	Group 1 Automotive	$421.48	$430.00	2.02%	Buy
LAD	Lithia Motors	$370.77	$363.00	-2.10%	Buy
SAH	Sonic Automotive	$65.41	$62.33	-4.71%	Buy
ABG	Asbury Automotive Group	$252.30	$236.50	-6.26%	Hold
CARG	CarGurus	$37.14	$31.75	-14.51%	Buy

RMBL Forecast FAQ

Is RumbleON a good buy?

Yes, according to 1 Wall Street analysts, RumbleON (RMBL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of RMBL's total ratings.

What is RMBL's price target?

RumbleON (RMBL) average price target is $6.83 with a range of $5.5 to $8, implying a 37.42% from its last price of $4.97. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will RumbleON stock go up soon?

According to Wall Street analysts' prediction for RMBL stock, the company can go up by 37.42% (from the last price of $4.97 to the average price target of $6.83), up by 60.97% based on the highest stock price target, and up by 10.66% based on the lowest stock price target.

Can RumbleON stock reach $7?

RMBL's highest twelve months analyst stock price target of $8 supports the claim that RumbleON can reach $7 in the near future.

What is RumbleON's current price target trend?

1 Wall Street analyst forecast a $7 price target for RumbleON (RMBL) this month, up 40.85% from its last price of $4.97. Compared to the last 3 and 12 months, the average price target increased by 25.75% and increased by 37.42%, respectively.

What are RumbleON's analysts' financial forecasts?

RumbleON's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.29B (high $1.31B, low $1.26B), average EBITDA is $-67.558M (high $-66.004M, low $-68.6M), average net income is $-6.439M (high $-5.989M, low $-6.806M), average SG&A $223.5M (high $226.95M, low $218.36M), and average EPS is $-0.182 (high $-0.17, low $-0.193). RMBL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.4B (high $1.42B, low $1.37B), average EBITDA is $-73.118M (high $-71.313M, low $-74.194M), average net income is $16.94M (high $17.26M, low $16.39M), average SG&A $241.89M (high $245.45M, low $235.92M), and average EPS is $0.48 (high $0.489, low $0.465).

Did the RMBL's actual financial results beat the analysts' financial forecasts?

Based on RumbleON's last annual report (Dec 2023), the company's revenue was $1.37B, which missed the average analysts forecast of $1.44B by -4.91%. Apple's EBITDA was $12.6M, missing the average prediction of $-25.186M by -150.03%. The company's net income was $-216M, beating the average estimation of $-10.343M by 1983.57%. Apple's SG&A was $347.3M, beating the average forecast of $282.46M by 22.95%. Lastly, the company's EPS was $-12.15, beating the average prediction of $-0.911 by 1233.79%. In terms of the last quarterly report (Dec 2023), RumbleON's revenue was $311.1M, missing the average analysts' forecast of $339.34M by -8.32%. The company's EBITDA was $-4.5M, missing the average prediction of $-17.707M by -74.59%. RumbleON's net income was $-168M, beating the average estimation of $-19.821M by 750.13%. The company's SG&A was $75.7M, beating the average forecast of $58.58M by 29.23%. Lastly, the company's EPS was $-7.82, beating the average prediction of $-0.562 by 1292.05%