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

OverviewForecast
EarningsDividendOwnership

Analyst price target for RMBL

Based on 3 analysts offering 12 month price targets for Rumbleon Inc.
Min Forecast
$10.00+82.48%
Avg Forecast
$10.67+94.65%
Max Forecast
$11.00+100.73%

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%2023-08-11
lockedlocked$00.00+00.00%2023-08-10
lockedlocked$00.00+00.00%2023-08-10

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Forecast return on equity

Is RMBL forecast to generate an efficient return?
Company
N/A
Industry
32.22%
Market
39.07%

Forecast return on assets

Is RMBL forecast to generate an efficient return on assets?
Company
N/A
Industry
2.07%

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+1.92%
Avg 2 year Forecast
$1.6B+12.86%
Avg 3 year Forecast
$1.7B+23.96%
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
6.26%
Industry
2.86%
Market
6.63%
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$5.48$10.67+94.65%Strong Buy
VRM$0.69N/AN/A
CANG$0.99N/AN/A
LAZY$8.01$8.00-0.12%Hold
UXIN$0.89N/AN/A
View Top Auto & Truck Dealership Stocks

Rumbleon Stock Forecast FAQ

Is Rumbleon Stock a good buy in 2023, 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 revenue growth forecast for 2023-2025?

(NASDAQ: RMBL) Rumbleon's forecast annual revenue growth rate of 6.26% is forecast to beat the US Auto & Truck Dealerships industry's average forecast revenue growth rate of 2.86%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.63%.

Rumbleon's revenue in 2023 is $1,384,227,000.On average, 2 Wall Street analysts forecast RMBL's revenue for 2023 to be $23,785,773,401, with the lowest RMBL revenue forecast at $23,675,176,400, and the highest RMBL revenue forecast at $23,896,370,403. On average, 2 Wall Street analysts forecast RMBL's revenue for 2024 to be $26,338,271,270, with the lowest RMBL revenue forecast at $25,973,098,853, and the highest RMBL revenue forecast at $26,703,443,686.

In 2025, RMBL is forecast to generate $28,928,871,154 in revenue, with the lowest revenue forecast at $27,848,190,088 and the highest revenue forecast at $30,009,552,220.

What is RMBL's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: RMBL) forecast ROA is N/A, which is lower than the forecast US Auto & Truck Dealerships industry average of 2.07%.

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 $10.67, with the highest RMBL stock price forecast at $11.00 and the lowest RMBL stock price forecast at $10.00.

On average, Wall Street analysts predict that Rumbleon's share price could reach $10.67 by Aug 11, 2024. The average Rumbleon stock price prediction forecasts a potential upside of 94.65% from the current RMBL share price of $5.48.

What is RMBL's forecast return on equity (ROE) for 2023-2025?

(NASDAQ: RMBL) forecast ROE is N/A, which is considered weak.
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