Rumble (RUM) AI Stock Analysis

• Market Cap: $3.37B
• Dividend Yield: N/A
• Average Volume (3M): 2.99M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.89
• Revenue Growth: 32.45%
• EPS Growth: -125.99%
• Country: US
• Employees: 135
• Sector: Communication Services
• Sector Strength: 94
• Industry: Software - Application
• EPS (TTM): -0.12
• Shares Outstanding: 215,187,230
• 10 Day Avg. Volume: 3,465,132
• 30 Day Avg. Volume: 2,988,019
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.61
• Enterprise Value/Revenue: 19.76
• Enterprise Value/Gross Profit: -76.00
• Enterprise Value/Ebitda: -6.39
• 1Y Price Target: $12.33
• Price Target Upside: 59.72% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 47 Neutral
• Price Target: $8.00 ▲(3.63% Upside)

Rumble's overall stock score is primarily impacted by its financial challenges and bearish technical indicators. While strategic partnerships and positive earnings call sentiment offer some optimism, the negative valuation and financial performance weigh heavily on the score.

Positive Factors

Financial Position

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

Partnerships and Collaborations

Numerous impressive client wins as monetization efforts accelerate, with partnerships announced with Netflix, Crypto.com, and Chevron, highlighting ongoing traction in its cloud business.

Product Development

The upcoming launch of Rumble Wallet, a non-custodial crypto wallet tied to its partnership with Tether, is viewed as a key initiative for the company’s future.

Negative Factors

Earnings Performance

Rumble reported 2Q25 results with low double-digit revenue growth and a narrower adjusted EBITDA loss, both short of expectations.

User Engagement

MAUs of 51.0M were down from 59.0M in 1Q25, but held up well given the post-election news cycle and the loss of top creator Dan Bongino, marking the eighth consecutive quarter above 50M.

Rumble Business Overview & Revenue Model

Company Description

Rumble Inc. operates video sharing platforms. The company operates rumble.com, a platform that enables video creators to host, livestream, manage, distribute, and create OTT feeds, as well as monetize their content. It also operates locals.com, a subscription-based video sharing platform. The company was founded in 2013 and is based in Longboat Key, Florida.

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 faces significant financial challenges with negative profitability and cash flow metrics, alongside a weak balance sheet. While revenue is growing, 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	104.08M	95.49M	80.96M	39.38M	9.47M	4.56M
Gross Profit	-27.06M	-42.98M	-65.19M	-4.36M	2.27M	1.84M
EBITDA	-322.04M	-326.76M	-131.47M	-32.40M	-10.37M	-1.16M
Net Income	-301.17M	-338.36M	-116.42M	-11.40M	-13.41M	-1.26M
Balance Sheet
Total Assets	379.93M	195.31M	295.71M	366.98M	55.80M	2.68M
Cash, Cash Equivalents and Short-Term Investments	283.81M	114.02M	219.47M	338.27M	46.85M	1.45M
Total Debt	2.42M	1.80M	2.61M	1.42M	1.51M	424.99K
Total Liabilities	65.70M	258.43M	44.09M	27.35M	25.43M	3.02M
Stockholders Equity	314.22M	-63.12M	251.62M	339.63M	47.16M	-340.94K
Cash Flow
Free Cash Flow	-47.17M	-89.68M	-110.40M	-41.37M	-7.03M	-17.61K
Operating Cash Flow	116.12M	-87.01M	-92.91M	-32.33M	-5.19M	51.19K
Investing Cash Flow	-47.12M	-15.64M	-23.77M	-10.14M	1.58M	-68.81K
Financing Cash Flow	440.82M	-1.67M	-2.15M	332.79M	49.01M	-423.52K

Rumble Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RUM, the sentiment is Negative. The current price of 7.72 is below the 20-day moving average (MA) of 8.12, below the 50-day MA of 8.73, and below the 200-day MA of 9.03, indicating a bearish trend. The MACD of -0.34 indicates Positive momentum. The RSI at 39.38 is Neutral, neither overbought nor oversold. The STOCH value of 17.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RUM.

Rumble Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VMEO	72 Outperform	$652.90M	55.34	3.26%	―	-1.35%	-59.67%
PUBM	61 Neutral	$374.96M	124.65	-0.65%	―	3.53%	-109.03%
Sector *	60 Neutral	$42.44B	3.87	-13.01%	4.03%	1.90%	-42.25%
DSP	59 Neutral	$593.00M	276.49	5.20%	―	30.92%	―
GRND	50 Neutral	$3.07B	―	-76.08%	―	28.35%	24.57%
BMBL	50 Neutral	$663.59M	―	-75.71%	―	-5.06%	-2318.18%
RUM	47 Neutral	$3.37B	―	-118.83%	―	32.45%	-125.99%

Rumble Corporate Events

Rumble Reports Q2 Revenue Growth Amid User Decline

Rumble reported a 12% increase in revenue to $25.1 million for Q2 2025, despite a decrease in monthly active users to 51 million. The company achieved a 24% rise in average revenue per user and announced strategic partnerships with the Tampa Bay Buccaneers, TRON DAO, and Cumulus Media. Rumble’s Class A shares were added to the Russell 2000 and 3000 Indexes, enhancing its market visibility. The company is also preparing to launch the Rumble Wallet in partnership with MoonPay and has appointed new leadership to drive its cloud infrastructure business.

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 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.