RumbleON Shareholders Approve Stock Plan Amendment

RumbleON ( (RMBL) ) just unveiled an announcement.

On June 4, 2025, RumbleOn, Inc. held its annual meeting of shareholders virtually, where several key decisions were made. Shareholders approved an amendment to the 2017 Stock Incentive Plan, increasing the authorized shares of Class B common stock by 2.5 million and introducing an evergreen provision. Additionally, all board nominees were elected, executive compensation was approved on an advisory basis, and BDO USA, P.C. was ratified as the independent auditor for 2025.

The most recent analyst rating on (RMBL) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on RumbleON stock, see the RMBL Stock Forecast page.

Spark’s Take on RMBL Stock

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

The overall score reflects significant financial instability and negative technical signals. Persistent net losses and declining revenue weigh heavily. While there are some positive developments, such as improved gross margins and leadership changes, the stock remains high-risk given the current financial and market conditions.

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

More about RumbleON

Average Trading Volume: 139,769

Technical Sentiment Signal: Sell

Current Market Cap: $61.33M

See more insights into RMBL stock on TipRanks’ Stock Analysis page.