RumbleON (RMBL) Stock Forecast, Price Target & Predictions
RMBL Stock Forecast
RumbleON stock forecast is as follows: an average price target of $8.00 (represents a 38.41% upside from RMBL’s last price of $5.78) 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 $8.00 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 $8.00. This represents a potential 38.41% upside from RMBL's last price of $5.78.
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 |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Craig Kennison | Robert W. Baird | $8.00 | $3.40 | 135.29% | 38.41% |
The latest RumbleON stock forecast, released on Aug 08, 2024 by Craig Kennison from Robert W. Baird, set a price target of $8.00, which represents a 135.29% increase from the stock price at the time of the forecast ($3.40), and a 38.41% increase from RMBL last price ($5.78).
RumbleON Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $8.00 | $8.00 |
| Last Closing Price | $5.78 | $5.78 | $5.78 |
| Upside/Downside | -100.00% | 38.41% | 38.41% |
In the current month, the average price target of RumbleON stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to RumbleON's last price of $5.78. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $311.10M | $338.11M | $382.73M | $346.30M | $369.51M | $470.27M | - | $459.92M | $444.62M | $221.21M | $168.35M | $104.26M | $70.68M | $117.26M | $84.34M | $144.42M | $126.95M | $220.32M | $270.18M | $223.18M | $19.26M | $13.91M |
| Avg Forecast | $310.34M | $331.97M | $365.97M | $321.96M | $287.79M | $304.34M | $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 | $235.22M | $212.83M | $14.62M | $9.41B |
| High Forecast | $310.34M | $331.97M | $365.97M | $321.96M | $287.79M | $311.11M | $383.86M | $329.73M | $345.84M | $354.97M | $408.13M | $334.53M | $398.55M | $466.37M | $513.58M | $464.94M | $394.03M | $246.24M | $150.58M | $101.91M | $102.60M | $113.67M | $112.83M | $223.57M | $148.94M | $246.84M | $247.00M | $223.49M | $17.55M | $11.29B |
| Low Forecast | $310.34M | $331.97M | $365.97M | $321.96M | $287.79M | $297.55M | $383.86M | $329.73M | $332.84M | $354.97M | $408.13M | $334.53M | $398.55M | $466.37M | $513.58M | $418.66M | $354.80M | $221.73M | $135.59M | $91.77M | $92.38M | $102.36M | $101.60M | $201.31M | $134.11M | $222.26M | $222.41M | $201.24M | $11.70M | $7.53B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | 0.92% | 0.95% | 0.94% | 1.04% | 0.93% | 1.01% | - | 1.04% | 1.18% | 0.94% | 1.17% | 1.07% | 0.72% | 1.08% | 0.78% | 0.68% | 0.90% | 0.94% | 1.15% | 1.05% | 1.32% | 0.00% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | $-4.50M | $-32.59M | $-30.46M | $3.98M | $5.21M | $20.20M | - | $27.14M | $21.13M | $-26.93M | $-837.58K | $-2.24M | $-3.47M | $3.51M | $3.04M | $-19.30M | $-12.69M | $-6.37M | $-10.70M | $-6.45M | $-6.43M | $-4.28M |
| Avg Forecast | $-2.69M | $-2.88M | $-3.17M | $-2.79M | $-2.49M | $-2.64M | $-3.33M | $30.24M | $-2.94M | $-3.08M | $-3.54M | $32.34M | $-1.74M | $-4.04M | $-4.45M | $34.59M | $-3.25M | $-23.34M | $-1.24M | $-1.70M | $-846.43K | $7.26M | $5.74M | $-1.84M | $-1.23M | $-5.56M | $-9.37M | $-4.20M | $-4.39M | $-2.46M |
| High Forecast | $-2.69M | $-2.88M | $-3.17M | $-2.79M | $-2.49M | $-2.58M | $-3.33M | $36.28M | $-2.88M | $-3.08M | $-3.54M | $38.81M | $-1.39M | $-4.04M | $-4.45M | $41.51M | $-3.07M | $-18.67M | $-1.17M | $-1.36M | $-800.35K | $8.71M | $6.89M | $-1.74M | $-1.16M | $-4.45M | $-7.49M | $-3.36M | $-3.51M | $-1.96M |
| Low Forecast | $-2.69M | $-2.88M | $-3.17M | $-2.79M | $-2.49M | $-2.70M | $-3.33M | $24.19M | $-3.00M | $-3.08M | $-3.54M | $25.87M | $-2.09M | $-4.04M | $-4.45M | $27.67M | $-3.41M | $-28.01M | $-1.30M | $-2.04M | $-888.84K | $5.81M | $4.60M | $-1.94M | $-1.29M | $-6.68M | $-11.24M | $-5.04M | $-5.27M | $-2.95M |
| Surprise % | - | - | - | - | - | - | - | - | 1.53% | 10.60% | 8.62% | 0.12% | -2.99% | -5.00% | - | 0.78% | -6.50% | 1.15% | 0.67% | 1.32% | 4.09% | 0.48% | 0.53% | 10.46% | 10.33% | 1.14% | 1.14% | 1.54% | 1.46% | 1.74% |
1 analysts predict RMBL's average Quarter EBITDA for Jun 23 to be $-3.54M, with a high of $-3.54M and a low of $-3.54M. This is -188.80% lower than RumbleON's previous annual EBITDA (Mar 23) of $3.98M.
RumbleON Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 13 |
| Net Income | - | - | - | - | - | - | - | - | $-168.50M | $-16.48M | $-12.83M | $-16.90M | $-287.73M | $3.04M | - | $9.14M | $20.66M | $-22.54M | $-3.39M | $-4.45M | $-5.49M | $1.49M | $1.04M | $-22.04M | $-15.03M | $-8.87M | $-13.00M | $-8.28M | $-7.01M | $-4.74M |
| Avg Forecast | $-2.90M | $-1.57M | $6.02M | $-2.11M | $-8.15M | $-6.31M | $-2.04M | $10.17M | $-19.78M | $-14.72M | $13.33M | $10.88M | $-2.10M | $26.94M | $33.31M | $11.63M | $12.13M | $-19.54M | $-12.29M | $-3.38M | $-33.96M | $3.07M | $1.98M | $-64.68M | $-163.86M | $-7.75M | $-11.38M | $-5.39M | $-4.79M | $-2.72M |
| High Forecast | $-2.90M | $-1.57M | $6.02M | $-2.11M | $-8.15M | $-1.15M | $-2.04M | $12.20M | $-19.78M | $-14.72M | $13.33M | $13.05M | $-1.68M | $26.94M | $33.31M | $13.96M | $12.92M | $-15.63M | $-11.42M | $-2.70M | $-31.55M | $3.69M | $2.37M | $-60.10M | $-152.26M | $-6.20M | $-9.10M | $-4.31M | $-3.83M | $-2.17M |
| Low Forecast | $-2.90M | $-1.57M | $6.02M | $-2.11M | $-8.15M | $-10.91M | $-2.04M | $8.14M | $-19.78M | $-14.72M | $13.33M | $8.70M | $-2.52M | $26.94M | $33.31M | $9.31M | $11.27M | $-23.45M | $-13.09M | $-4.05M | $-36.17M | $2.46M | $1.58M | $-68.89M | $-174.53M | $-9.31M | $-13.66M | $-6.46M | $-5.74M | $-3.26M |
| Surprise % | - | - | - | - | - | - | - | - | 8.52% | 1.12% | -0.96% | -1.55% | 136.92% | 0.11% | - | 0.79% | 1.70% | 1.15% | 0.28% | 1.32% | 0.16% | 0.48% | 0.53% | 0.34% | 0.09% | 1.14% | 1.14% | 1.54% | 1.46% | 1.74% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 13 |
| SG&A | - | - | - | - | - | - | - | - | $75.70M | $84.96M | $100.31M | $87.09M | $91.97M | $96.19M | - | $77.44M | $70.58M | $60.82M | $17.69M | $13.00M | $10.77M | $13.10M | $10.94M | $17.43M | $21.51M | $18.29M | $24.47M | $19.95M | $8.20M | $5.33M |
| Avg Forecast | $53.57M | $57.31M | $63.18M | $55.58M | $49.68M | $52.54M | $66.26M | $86.17M | $58.58M | $61.28M | $70.45M | $92.16M | $1.66M | $80.51M | $88.66M | $98.56M | $64.77M | $52.71M | $24.75M | $9.86M | $16.87M | $27.09M | $20.70M | $36.75M | $24.48M | $15.99M | $21.42M | $12.98M | $5.60M | $3.06M |
| High Forecast | $53.57M | $57.31M | $63.18M | $55.58M | $49.68M | $53.71M | $66.26M | $103.40M | $59.70M | $61.28M | $70.45M | $110.59M | $2.00M | $80.51M | $88.66M | $118.28M | $68.02M | $63.25M | $25.99M | $11.83M | $17.71M | $32.51M | $24.84M | $38.59M | $25.71M | $19.18M | $25.70M | $15.58M | $6.72M | $3.67M |
| Low Forecast | $53.57M | $57.31M | $63.18M | $55.58M | $49.68M | $51.36M | $66.26M | $68.93M | $57.46M | $61.28M | $70.45M | $73.73M | $1.33M | $80.51M | $88.66M | $78.85M | $61.25M | $42.17M | $23.41M | $7.89M | $15.95M | $21.67M | $16.56M | $34.75M | $23.15M | $12.79M | $17.14M | $10.39M | $4.48M | $2.45M |
| Surprise % | - | - | - | - | - | - | - | - | 1.29% | 1.39% | 1.42% | 0.95% | 55.31% | 1.19% | - | 0.79% | 1.09% | 1.15% | 0.71% | 1.32% | 0.64% | 0.48% | 0.53% | 0.47% | 0.88% | 1.14% | 1.14% | 1.54% | 1.46% | 1.74% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 11 | 12 | 16 | 9 | 9 | 8 | 9 | 13 | 17 | 19 | 13 |
| EPS | - | - | - | - | - | - | - | - | $-7.82 | $-0.99 | $-0.00 | $-1.04 | $-17.80 | $0.19 | - | $0.58 | $1.37 | $-3.25 | $-1.05 | $-1.93 | $-2.51 | $0.67 | $0.47 | $-10.77 | $-13.48 | $-7.66 | $-11.69 | $-8.08 | $-9.39 | $-7.28 |
| Avg Forecast | $-0.08 | $-0.04 | $0.17 | $-0.06 | $-0.23 | $-0.18 | $-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 | $-6.12 | $-5.44 | $-3.01 | $-2.79 |
| High Forecast | $-0.08 | $-0.04 | $0.17 | $-0.06 | $-0.23 | $-0.03 | $-0.06 | $-0.32 | $-0.56 | $-0.42 | $0.38 | $-0.31 | $-0.09 | $0.77 | $0.95 | $0.93 | $0.60 | $-0.25 | $-0.53 | $-2.12 | $-1.46 | $-2.10 | $-4.24 | $-2.79 | $-7.06 | $-6.27 | $-5.69 | $-5.05 | $-2.40 | $-2.24 |
| Low Forecast | $-0.08 | $-0.04 | $0.17 | $-0.06 | $-0.23 | $-0.31 | $-0.06 | $-0.32 | $-0.56 | $-0.42 | $0.38 | $-0.31 | $-0.09 | $0.77 | $0.95 | $0.81 | $0.52 | $-0.28 | $-0.61 | $-2.43 | $-1.68 | $-2.40 | $-4.86 | $-3.20 | $-8.10 | $-7.19 | $-6.52 | $-5.79 | $-3.61 | $-3.35 |
| Surprise % | - | - | - | - | - | - | - | - | 13.92% | 2.37% | -0.00% | 3.36% | 209.41% | 0.25% | - | 0.66% | 2.44% | 12.26% | 1.84% | 0.84% | 1.59% | -0.30% | -0.10% | 3.59% | 1.77% | 1.13% | 1.91% | 1.49% | 3.12% | 2.61% |
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 $-0.09. 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 | $15.88 | $24.00 | 51.13% | Buy |
| RMBL | RumbleON | $5.79 | $8.00 | 38.17% | Buy |
| DRVN | Driven Brands | $14.49 | $20.00 | 38.03% | Hold |
| AN | AutoNation | $166.56 | $193.00 | 15.87% | Buy |
| SAH | Sonic Automotive | $54.88 | $61.00 | 11.15% | Hold |
| LAD | Lithia Motors | $303.66 | $313.71 | 3.31% | Buy |
| GPI | Group 1 Automotive | $356.87 | $367.50 | 2.98% | Buy |
| ABG | Asbury Automotive Group | $225.83 | $227.75 | 0.85% | Hold |
| PAG | Penske Automotive Group | $154.79 | $152.50 | -1.48% | Buy |
| RUSHA | Rush Enterprises | $51.16 | $46.56 | -8.99% | Buy |
| CARG | CarGurus | $31.45 | $26.94 | -14.34% | 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 $8 with a range of $8 to $8, implying a 38.41% from its last price of $5.78. 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 38.41% (from the last price of $5.78 to the average price target of $8), up by 38.41% based on the highest stock price target, and up by 38.41% based on the lowest stock price target.
Can RumbleON stock reach $9?
RMBL's average twelve months analyst stock price target of $8 does not support the claim that RumbleON can reach $9 in the near future.
What are RumbleON's analysts' financial forecasts?
RumbleON's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.31B (high $1.31B, low $1.3B), average EBITDA is $21.78M (high $27.89M, low $15.68M), average net income is $-6.334M (high $865.88K, low $-12.96M), average SG&A $254.64M (high $273.05M, low $236.24M), and average EPS is $-0.787 (high $-0.64, low $-0.917). RMBL's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.33B (high $1.33B, low $1.33B), average EBITDA is $-11.525M (high $-11.525M, low $-11.525M), average net income is $-554K (high $-554K, low $-554K), average SG&A $229.63M (high $229.63M, low $229.63M), and average EPS is $-0.0157 (high $-0.0157, low $-0.0157).
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 $22.79M by -44.71%. The company's net income was $-216M, beating the average estimation of $-10.3M by 1992.20%. 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, beating the average prediction of $-2.94M by 53.06%. RumbleON's net income was $-168M, beating the average estimation of $-19.781M by 751.84%. 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%