WallStreetZen

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
$42.00+7.89%
Avg Forecast
$55.67+42.99%
Max Forecast
$70.00+79.81%

Should I buy or sell RMBL stock?

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

RMBL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wedbush
Top 5%
96
BuyInitiates Coverage On$55.00+41.28%2021-09-15
B. Riley Securities
Top 1%
100
Strong BuyInitiates Coverage On$70.00+79.81%2021-09-02
Baird
Top 27%
74
BuyInitiates Coverage On$42.00+7.89%2021-09-02

1 of 1

Forecast return on equity

Is RMBL forecast to generate an efficient return?
Company
21.73%
Industry
79.83%
Market
46.73%
RMBL's Return on Equity is forecast to be high in 3 years (21.73%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is RMBL forecast to generate an efficient return on assets?
Company
8.78%
Industry
22.31%
RMBL is forecast to generate lower Return on Assets (8.78%) than the US Internet Retail industry average (22.31%)
Forecast

RMBL earnings per share forecast

What is RMBL's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$3.78-143.65%
Avg 2 year Forecast
$4.73-154.62%
Avg 3 year Forecast
$5.95-168.71%

RMBL revenue forecast

What is RMBL's revenue in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$887.8M+57.28%
Avg 2 year Forecast
$1.9B+230.24%
Avg 3 year Forecast
$2.2B+293.32%
RMBL's revenue is forecast to grow at an exceptional rate of 71.35% per year
Forecast

RMBL revenue growth forecast

How is RMBL forecast to perform vs Internet Retail companies and vs the US market?
Company
71.35%
Industry
12.1%
Market
10.77%
RMBL's revenues are forecast to grow faster (71.35% per year) than the US Internet Retail industry average (12.1%)
Forecast
RMBL's revenues are forecast to grow faster (71.35% per year) than the US market average (10.77%)
Forecast

RumbleOn Stock Forecast FAQ

Is RumbleOn Stock a good buy in 2021, 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, 1 (33.33%) are recommending RMBL as a Strong Buy, 2 (66.67%) 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.

What is RMBL's earnings growth forecast for 2021-2023?

(NASDAQ: RMBL) RumbleOn's forecast annual earnings growth rate of N/A is not forecast to beat the US Internet Retail industry's average forecast earnings growth rate of 18.89%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.66%.

RumbleOn's earnings in 2021 is -$35,877,535.On average, 1 Wall Street analysts forecast RMBL's earnings for 2021 to be $56,443,043, with the lowest RMBL earnings forecast at $56,443,043, and the highest RMBL earnings forecast at $56,443,043. On average, 3 Wall Street analysts forecast RMBL's earnings for 2022 to be $70,628,464, with the lowest RMBL earnings forecast at $62,863,813, and the highest RMBL earnings forecast at $84,813,885.

In 2023, RMBL is forecast to generate $88,845,531 in earnings, with the lowest earnings forecast at $88,696,211 and the highest earnings forecast at $88,994,851.

What is RMBL's revenue growth forecast for 2021-2023?

(NASDAQ: RMBL) RumbleOn's forecast annual revenue growth rate of 71.35% is forecast to beat the US Internet Retail industry's average forecast revenue growth rate of 12.1%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.77%.

RumbleOn's revenue in 2021 is $564,502,919.On average, 1 Wall Street analysts forecast RMBL's revenue for 2021 to be $13,257,141,888, with the lowest RMBL revenue forecast at $13,257,141,888, and the highest RMBL revenue forecast at $13,257,141,888. On average, 1 Wall Street analysts forecast RMBL's revenue for 2022 to be $27,836,872,693, with the lowest RMBL revenue forecast at $27,836,872,693, and the highest RMBL revenue forecast at $27,836,872,693.

In 2023, RMBL is forecast to generate $33,153,225,010 in revenue, with the lowest revenue forecast at $33,153,225,010 and the highest revenue forecast at $33,153,225,010.

What is RMBL's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: RMBL) forecast ROA is 8.78%, which is lower than the forecast US Internet Retail industry average of 22.31%.

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 $55.67, with the highest RMBL stock price forecast at $70.00 and the lowest RMBL stock price forecast at $42.00.

On average, Wall Street analysts predict that RumbleOn's share price could stay at $55.67 by Sep 15, 2022. The average RumbleOn stock price prediction forecasts a potential downside of N/A from the current RMBL share price of $38.93.

What is RMBL's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: RMBL) RumbleOn's current Earnings Per Share (EPS) is -$8.66. On average, analysts forecast that RMBL's EPS will be $3.78 for 2021, with the lowest EPS forecast at $3.78, and the highest EPS forecast at $3.78. On average, analysts forecast that RMBL's EPS will be $4.73 for 2022, with the lowest EPS forecast at $4.21, and the highest EPS forecast at $5.68. In 2023, RMBL's EPS is forecast to hit $5.95 (min: $5.94, max: $5.96).

What is RMBL's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: RMBL) forecast ROE is 21.73%, which is considered strong.
©2021 WallStreetZen
Company
AboutBlogPlansPrivacy PolicyTerms of ServiceCancellation & RefundsContact
Stocks
Stock ScreenerStock ForecastHighest Earnings StocksBest Dividend Paying StocksStatisticsTrending Stocks
Analysts
Top Performing Analysts
Social
TwitterYouTube
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.