RideNow Group (RDNW) AI Stock Analysis

• Market Cap: $127.10M
• Dividend Yield: N/A
• Average Volume (3M): 42.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.75
• Revenue Growth: -12.43%
• EPS Growth: 66.92%
• Country: US
• Employees: 1,928
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Dealerships
• EPS (TTM): -0.04
• Shares Outstanding: 38,002,422
• 10 Day Avg. Volume: 37,302
• 30 Day Avg. Volume: 42,131
• PEG Ratio: 0.03
• Price to Book (P/B): 5.23
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 1.98
• Enterprise Value/Market Cap: 4.97
• Enterprise Value/Revenue: 0.58
• Enterprise Value/Gross Profit: 2.15
• Enterprise Value/Ebitda: -50.96
• 1Y Price Target: $4.00
• Price Target Upside: -18.37% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: $5.00 ▲(2.04% Upside)

RideNow Group's overall stock score is primarily impacted by its poor financial performance, with significant challenges in profitability and leverage. Despite strong technical indicators and positive earnings call highlights, the negative valuation metrics and financial instability weigh heavily on the stock's attractiveness.

RideNow Group Business Overview & Revenue Model

Company Description

RumbleON, Inc. operates a technology-based omnichannel platform to aggregate and distribute pre-owned vehicles in North America. It operates through three segments: Powersports, Automotive, and Vehicle Logistics. The Powersports segment distributes motorcycles. The Automotive segment distributes cars and trucks. The Vehicle Logistics segment provides automotive transportation services between dealerships and auctions. Its platform offers ability to buy, sell, trade, and finance new and pre-owned vehicles online or in store for dealers and consumers. The company was formerly known as Smart Server, Inc. and changed its name to RumbleON, Inc. in February 2017. RumbleON, Inc. was incorporated in 2013 and is based in Irving, Texas.

How the Company Makes Money

RideNow Group generates revenue primarily through the sale of new and used powersports vehicles, including motorcycles and ATVs. The company also earns income through the sale of parts and accessories, which are essential for vehicle maintenance and customization. Additionally, RideNow Group offers financing services, earning income from interest on loans and financing agreements. The company often partners with major manufacturers for exclusive dealership rights, which can enhance its product offerings and drive sales. Furthermore, service and maintenance fees contribute to its revenue, as customers return to the dealership for repairs and upkeep of their vehicles. Overall, the combination of vehicle sales, parts and accessories, financing services, and maintenance creates a diversified revenue stream for RideNow Group.

RideNow Group Financial Statement Overview

Summary

RideNow Group is facing significant financial challenges with declining revenues, negative profitability, and high leverage. The negative net profit margin and unfavorable debt-to-equity ratio highlight financial instability, despite some efficiency in cash flow management.

Income Statement

RideNow Group's income statement shows declining revenue with a negative growth rate of -1.26% TTM. The company has a negative net profit margin of -9.87% TTM, indicating ongoing losses. Gross profit margin remains relatively stable at 26.41% TTM, but EBIT and EBITDA margins are negative, reflecting operational challenges.

Balance Sheet

The balance sheet reveals significant financial instability with a negative stockholders' equity of -$6.9 million TTM, resulting in a highly unfavorable debt-to-equity ratio of -128.55 TTM. The return on equity is also negative, indicating poor returns on shareholders' investments.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by -43.74% TTM. However, the operating cash flow to net income ratio is positive at 0.24 TTM, suggesting some ability to cover net losses with operating cash flow. Free cash flow to net income ratio is relatively high at 0.95 TTM, indicating efficient cash flow management despite losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.10B	1.21B	1.37B	1.79B	934.73M	416.43M
Gross Profit	294.60M	314.30M	359.90M	452.66M	158.18M	31.63M
EBITDA	-12.40M	38.90M	-55.90M	-230.40M	-8.88M	-16.22M
Net Income	-102.40M	-78.60M	-215.50M	-261.51M	-9.72M	-31.64M
Balance Sheet
Total Assets	699.40M	755.20M	926.30M	1.03B	1.05B	76.98M
Cash, Cash Equivalents and Short-Term Investments	35.40M	85.30M	58.90M	48.58M	48.97M	1.47M
Total Debt	415.30M	665.70M	771.60M	730.15M	522.39M	59.11M
Total Liabilities	386.70M	718.50M	820.70M	821.20M	614.03M	72.41M
Stockholders Equity	-6.90M	36.70M	105.60M	206.01M	431.29M	4.57M
Cash Flow
Free Cash Flow	40.90M	97.00M	-54.70M	-31.51M	-45.58M	14.82M
Operating Cash Flow	46.30M	99.40M	-35.50M	-18.89M	-35.99M	17.14M
Investing Cash Flow	-1.50M	900.00K	-19.10M	-82.20M	-376.56M	-2.28M
Financing Cash Flow	-59.70M	-80.60M	99.50M	107.70M	461.00M	-18.07M

RideNow Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RDNW, the sentiment is Positive. The current price of 4.9 is above the 20-day moving average (MA) of 3.68, above the 50-day MA of 3.95, and above the 200-day MA of 3.14, indicating a bullish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 71.94 is Negative, neither overbought nor oversold. The STOCH value of 86.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RDNW.

RideNow Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
CRMT	54 Neutral	$162.58M	12.63	2.54%	―	0.79%	―
RDNW	53 Neutral	$127.10M	-1.11	-268.06%	―	-12.43%	66.92%
SDA	40 Underperform	$189.74M	-13.86	-59.92%	―	―	―
AZI	39 Underperform	$8.80M	0.24	―	―	32.90%	―
VRM	38 Underperform	$118.39M	-0.63	-45.88%	―	-90.19%	79.52%

RideNow Group Corporate Events

Ridenow Group, Inc. Warns of Unchanged Business Risks in 2024 Report: Potential Impact on Financial Health

Ridenow Group, Inc. faces potential business risks that could adversely affect its financial condition, operating results, and cash flows, as outlined in their 2024 10-K report. These risks, many of which are beyond the company’s control, remain unchanged from previous disclosures. The realization of any of these risks could significantly impact the company’s actual performance. Stakeholders should remain vigilant as these factors could lead to material adverse effects on the company’s outcomes.

RumbleOn’s Earnings Call: Positive Sentiment Amidst Challenges

RumbleOn, Inc. recently held its earnings call, showcasing a generally positive sentiment with notable improvements in adjusted EBITDA, growth in the powersports segment, and effective cost and debt management. However, the company faces challenges with declining vehicle transportation revenue and reduced cash flow.

RideNow Group Reports Q3 2025 Financial Results

RideNow Group, Inc., a leading powersports dealership and vehicle transportation services company, has announced its financial results for the third quarter of 2025, highlighting a return to growth in its powersports segment. The company reported a slight increase in powersports revenue, driven by higher unit sales, and a significant improvement in net loss, which decreased by 63.4% compared to the same quarter last year. Adjusted EBITDA saw a substantial rise of 80.9%, reaching $12.3 million. Despite a 4.7% decline in overall revenue to $281 million, the company managed to increase its gross profit by 2.3% to $76 million and reduce SG&A expenses by 2.3%. The powersports segment showed resilience with a 6.9% increase in gross profit, offsetting the decline in vehicle transportation services. Looking ahead, RideNow Group’s management remains optimistic about continued performance improvements and growth, supported by strategic initiatives and a focus on shareholder value creation.

RideNow Group Appoints New CFO Joshua Barsetti

RideNow Group, Inc. has appointed Joshua J. Barsetti as its new Executive Vice President and Chief Financial Officer, effective October 20, 2025. This appointment follows the interim tenure of Michael Quartieri, who will continue as Chairman, CEO, and President. Mr. Barsetti brings extensive experience from his previous roles at Buyerlink Inc., AutoWeb, Inc., and Zovio Inc., among others. The appointment includes a comprehensive compensation package with salary, bonuses, and stock units, reflecting the company’s strategic focus on strengthening its financial leadership. The move is expected to enhance RideNow’s financial operations and align with its growth objectives, potentially impacting stakeholders positively.

The most recent analyst rating on (RDNW) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on RideNow Group stock, see the RDNW Stock Forecast page.

RideNow Group Amends Warrants and Extends Expiration

On August 25, 2025, RideNow Group, Inc. issued unsecured subordinated promissory notes totaling $10 million to Stone House Capital Management, LLC, Face Canyon LLC, and Mark Tkach. The funds were used to prepay loans under the company’s Senior Credit Agreement. These notes bear a 13% interest rate and mature in 2028. Additionally, on August 28, 2025, the company amended and restated warrants, adjusting the exercise price and extending the expiration date to August 10, 2030.

The most recent analyst rating on (RDNW) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on RideNow Group stock, see the RDNW Stock Forecast page.