Rumble Announces Business Combination with Northern Data

Rumble ( (RUM) ) has issued an announcement.

On November 10, 2025, Rumble Inc. and Northern Data AG entered a business combination agreement, where Rumble will offer an exchange of shares to Northern Data shareholders. This agreement, approved by both companies’ boards, includes a potential cash payment contingent on the sale of Northern Data’s Corpus Christi location. The transaction aims to enhance Rumble’s market position in high-power computing, subject to regulatory approvals and other conditions. Additionally, Rumble has entered into agreements with Tether and other stakeholders to support the transaction, including equity commitments and marketing agreements, which could significantly impact the companies’ operations and stakeholder interests.

The most recent analyst rating on (RUM) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Rumble stock, see the RUM Stock Forecast page.

Spark’s Take on RUM Stock

According to Spark, TipRanks’ AI Analyst, RUM is a Neutral.

Rumble’s overall stock score is primarily impacted by its financial struggles, including negative profitability and cash flow issues. Technical analysis indicates bearish momentum, while valuation concerns persist due to a negative P/E ratio. The earnings call offers some optimism with revenue growth and strategic initiatives, but challenges remain.

To see Spark’s full report on RUM stock, click here.

More about Rumble

Rumble Inc. is a Delaware corporation involved in the technology industry, focusing on digital services and infrastructure. Northern Data AG, a German corporation, operates in the high-power computing sector, providing data center and cloud services.

Average Trading Volume: 3,179,364

Technical Sentiment Signal: Sell

Current Market Cap: $2.56B

For an in-depth examination of RUM stock, go to TipRanks’ Overview page.