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NASDAQ: RMBL
Rumbleon Inc Stock Forecast, Predictions & Price Target

Analyst price target for RMBL

Based on 3 analysts offering 12 month price targets for Rumbleon Inc.
Min Forecast
$7.00+69.49%
Avg Forecast
$9.33+125.98%
Max Forecast
$13.00+214.77%

Should I buy or sell RMBL stock?

Based on 3 analysts offering ratings for Rumbleon Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RMBL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-09
lockedlocked$00.00+00.00%2024-03-15
lockedlocked$00.00+00.00%2024-03-15Find Out Why

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Forecast return on equity

Is RMBL forecast to generate an efficient return?
Company
39.56%
Industry
51.94%
Market
62.08%
RMBL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RMBL forecast to generate an efficient return on assets?
Company
4.08%
Industry
5.49%
RMBL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RMBL earnings per share forecast

What is RMBL's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.50
Avg 2 year Forecast
$0.38
Avg 3 year Forecast
$1.04

RMBL revenue forecast

What is RMBL's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.4B+3.49%
Avg 2 year Forecast
$1.5B+14.46%
Avg 3 year Forecast
$1.7B+27.17%
RMBL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RMBL revenue growth forecast

How is RMBL forecast to perform vs Auto & Truck Dealerships companies and vs the US market?
Company
7.22%
Industry
7.87%
Market
10.56%
RMBL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RMBL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RMBL vs Auto & Truck Dealership Stocks

TickerPricePrice TargetUp/downsideConsensus
RMBL$4.13$9.33+125.98%Strong Buy
CANG$1.95N/AN/A
KFS$8.30N/AN/A
GORV$3.44N/AN/A
VRM$9.49N/AN/A

Rumbleon Stock Forecast FAQ

Is Rumbleon Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: RMBL) stock is to Strong Buy RMBL stock.

Out of 3 analysts, 2 (66.67%) are recommending RMBL as a Strong Buy, 1 (33.33%) are recommending RMBL as a Buy, 0 (0%) are recommending RMBL as a Hold, 0 (0%) are recommending RMBL as a Sell, and 0 (0%) are recommending RMBL as a Strong Sell.

If you're new to stock investing, here's how to buy Rumbleon stock.

What is RMBL's earnings growth forecast for 2024-2026?

(NASDAQ: RMBL) Rumbleon's forecast annual earnings growth rate of N/A is not forecast to beat the US Auto & Truck Dealerships industry's average forecast earnings growth rate of -16.64%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.45%.

Rumbleon's earnings in 2024 is -$208,898,000.On average, 2 Wall Street analysts forecast RMBL's earnings for 2024 to be -$17,628,620, with the lowest RMBL earnings forecast at -$25,385,213, and the highest RMBL earnings forecast at -$9,872,027. On average, 2 Wall Street analysts forecast RMBL's earnings for 2025 to be $13,221,465, with the lowest RMBL earnings forecast at $12,340,034, and the highest RMBL earnings forecast at $14,102,896.

In 2026, RMBL is forecast to generate $36,667,530 in earnings, with the lowest earnings forecast at $36,667,530 and the highest earnings forecast at $36,667,530.

What is RMBL's revenue growth forecast for 2024-2026?

(NASDAQ: RMBL) Rumbleon's forecast annual revenue growth rate of 7.22% is not forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 7.87%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.56%.

Rumbleon's revenue in 2024 is $1,339,816,000.On average, 2 Wall Street analysts forecast RMBL's revenue for 2024 to be $48,886,983,839, with the lowest RMBL revenue forecast at $47,960,423,572, and the highest RMBL revenue forecast at $49,813,544,106. On average, 2 Wall Street analysts forecast RMBL's revenue for 2025 to be $54,068,211,543, with the lowest RMBL revenue forecast at $53,889,633,623, and the highest RMBL revenue forecast at $54,246,789,464.

In 2026, RMBL is forecast to generate $60,071,285,512 in revenue, with the lowest revenue forecast at $60,071,285,512 and the highest revenue forecast at $60,071,285,512.

What is RMBL's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: RMBL) forecast ROA is 4.08%, which is lower than the forecast US Auto & Truck Dealerships industry average of 5.49%.

What is RMBL's Price Target?

According to 3 Wall Street analysts that have issued a 1 year RMBL price target, the average RMBL price target is $9.33, with the highest RMBL stock price forecast at $13.00 and the lowest RMBL stock price forecast at $7.00.

On average, Wall Street analysts predict that Rumbleon's share price could reach $9.33 by May 9, 2025. The average Rumbleon stock price prediction forecasts a potential upside of 125.98% from the current RMBL share price of $4.13.

What is RMBL's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: RMBL) Rumbleon's current Earnings Per Share (EPS) is -$11.40. On average, analysts forecast that RMBL's EPS will be -$0.50 for 2024, with the lowest EPS forecast at -$0.72, and the highest EPS forecast at -$0.28. On average, analysts forecast that RMBL's EPS will be $0.38 for 2025, with the lowest EPS forecast at $0.35, and the highest EPS forecast at $0.40. In 2026, RMBL's EPS is forecast to hit $1.04 (min: $1.04, max: $1.04).

What is RMBL's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: RMBL) forecast ROE is 39.56%, which is considered strong.
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