Rumble (RUM) AI Stock Analysis

• Market Cap: $3.97B
• Dividend Yield: N/A
• Average Volume (3M): 2.73M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.84
• Revenue Growth: 25.14%
• EPS Growth: -123.03%
• Country: US
• Employees: 135
• Sector: Technology
• Sector Strength: 91
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 214,941,930
• 10 Day Avg. Volume: 3,705,879
• 30 Day Avg. Volume: 2,726,620
• PEG Ratio: 55.31
• Price to Book (P/B): 4.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -34.87
• Enterprise Value/Market Cap: 0.28
• Enterprise Value/Revenue: 3.06
• Enterprise Value/Gross Profit: -31.43
• Enterprise Value/Ebitda: -1.23
• 1Y Price Target: $12.33
• Price Target Upside: 32.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 54 Neutral
• Price Target: $9.50 ▲(2.15%Upside)

Rumble's stock score is influenced primarily by its weak financial performance, characterized by significant losses and liquidity concerns. Technical indicators provide some support, but the valuation remains unattractive due to its negative earnings. The optimistic earnings call offsets some risks with its strong growth narrative and strategic partnerships, contributing positively to the overall score.

Positive Factors

Balance Sheet

Rumble has a strong balance sheet, ending 1Q25 with $301.3M of cash and no debt, indicating sufficient capital to fund operations and growth.

Financial Performance

Rumble reported strong 1Q25 results ahead of expectations on revenue and reaffirmed the 2025 goal of reaching adjusted EBITDA breakeven.

Partnerships

Numerous impressive client wins as monetization efforts accelerate, with partnerships announced with Netflix, Crypto.com, and Chevron.

Negative Factors

EBITDA Performance

Adjusted EBITDA was a loss greater than expected, due to one-off items including payroll expenses and charges related to executive departures.

Revenue Guidance

The company introduced 1Q25 revenue guidance of at least 25% year-over-year, below consensus of 41% growth.

Rumble Business Overview & Revenue Model

Company Description

Rumble Inc. (RUM) is a video-sharing platform that positions itself as a free and open internet alternative to mainstream media sites. Founded with the mission to restore free speech online, Rumble provides a platform for content creators to reach their audiences without the fear of censorship. It operates primarily in the digital media and technology sectors, offering services that allow creators to upload, share, and monetize their video content.

How the Company Makes Money

Rumble generates revenue primarily through advertising and subscription services. The platform offers a monetization program that shares a portion of the advertising revenue with content creators, encouraging more creators to join and engage with the platform. Additionally, Rumble offers premium subscription services that provide users with an ad-free experience and access to exclusive content. Partnerships with various media companies and organizations also contribute to its revenue streams by expanding its content distribution network and audience reach.

Rumble Financial Statement Overview

Summary

Rumble's financial performance is weak, marked by negative profitability and cash flow metrics, alongside a weak balance sheet. Despite revenue growth, the company struggles with substantial losses and liquidity issues, posing high financial risk.

Income Statement

Rumble showed significant revenue growth from 2020 to 2024, but profitability metrics such as gross profit margin and net profit margin are deeply negative, indicating substantial operational challenges. EBIT and EBITDA margins are also negative, reflecting high operating losses.

Balance Sheet

The balance sheet reveals a troubling scenario with a negative equity position in 2020, improving slightly but still weak in subsequent years. The debt-to-equity ratio is undefined due to zero equity in the latest year, highlighting potential financial instability.

Cash Flow

Rumble's cash flow performance is poor, with negative free cash flow and operating cash flow in several years. Despite some improvement in operating cash flow over time, the free cash flow remains negative, indicating ongoing liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	101.46M	95.49M	80.96M	39.38M	9.47M	4.56M
Gross Profit	-35.22M	-42.98M	-65.19M	-4.36M	2.27M	1.84M
EBITDA	-298.64M	-326.76M	-131.47M	-32.93M	-10.37M	-1.16M
Net Income	-297.72M	-338.36M	-116.42M	-11.40M	-13.41M	-1.26M
Balance Sheet
Total Assets	391.12M	195.31M	295.71M	366.98M	55.80M	2.68M
Cash, Cash Equivalents and Short-Term Investments	301.29M	114.02M	219.47M	338.27M	46.85M	1.45M
Total Debt	1.56M	1.80M	2.61M	1.42M	1.51M	424.99K
Total Liabilities	51.51M	258.43M	44.09M	27.35M	25.43M	3.02M
Stockholders Equity	339.61M	-63.12M	251.62M	339.63M	30.37M	-340.94K
Cash Flow
Free Cash Flow	-73.78M	-94.18M	-110.40M	-41.37M	-7.03M	-17.61K
Operating Cash Flow	-67.65M	-87.01M	-92.91M	-32.33M	-5.19M	51.19K
Investing Cash Flow	-33.71M	-15.64M	-23.77M	-10.14M	1.58M	-68.81K
Financing Cash Flow	219.94M	-1.67M	-2.15M	332.79M	49.01M	-423.52K

Rumble Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RUM, the sentiment is Positive. The current price of 9.3 is above the 20-day moving average (MA) of 8.97, above the 50-day MA of 9.00, and above the 200-day MA of 8.56, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 54.19 is Neutral, neither overbought nor oversold. The STOCH value of 45.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RUM.

Rumble Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PUBM	75 Outperform	$659.09M	161.20	1.94%	―	3.62%	-53.21%
VMEO	72 Outperform	$661.45M	42.26	4.29%	―	-0.05%	23.22%
DSP	65 Neutral	$864.04M	471.43	4.15%	―	30.64%	―
Sector *	63 Neutral	$34.16B	5.78	-11.85%	1.82%	5.31%	-18.32%
GRND	60 Neutral	$4.41B	―	-63.52%	―	30.08%	-196.62%
BMBL	58 Neutral	$680.69M	―	-46.57%	―	-2.39%	-2961.26%
RUM	54 Neutral	$3.97B	―	-108.20%	―	25.14%	-123.03%

Rumble Corporate Events

Rumble Elects Directors at Annual Meeting

Rumble Inc. held its 2025 Annual Meeting of Stockholders on June 12, 2025, where seven directors were elected to serve for one-year terms. The stockholders also ratified the selection of Baker Tilly US, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (RUM) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Rumble stock, see the RUM Stock Forecast page.

Rumble Reports 34% Revenue Increase in Q1 2025

Rumble Inc. reported a 34% increase in revenue to $23.7 million for the first quarter of 2025, with improved user retention and a significant reduction in net loss compared to the previous year. The company secured a cloud services contract with El Salvador and announced partnerships with notable entities such as the Tampa Bay Buccaneers and the White House. Additionally, Rumble has been involved in legal actions advocating for free speech and is preparing for international expansion with the upcoming release of Rumble Wallet.