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Algorhythm Holdings Appoints New Board Members

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Algorhythm Holdings Appoints New Board Members

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Algorhythm Holdings ( (RIME) ) just unveiled an announcement.

On October 6, 2025, Algorhythm Holdings appointed Scott Thorn and Kapil Gupta to its Board of Directors, enhancing its strategic and technological expertise. Thorn, with a background in luxury hospitality and cannabinoid wellness products, and Gupta, a seasoned technology leader, bring valuable experience to the company. Additionally, Mathieu Peloquin resigned from the Board on the same day, and Bernardo Melo was terminated as Chief Revenue Officer on August 21, 2025, though he remains a Board member.

The most recent analyst rating on (RIME) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Algorhythm Holdings stock, see the RIME Stock Forecast page.

Spark’s Take on RIME Stock

According to Spark, TipRanks’ AI Analyst, RIME is a Underperform.

Algorhythm Holdings faces significant financial and valuation challenges, with negative equity and profitability issues being the most critical factors. Technical indicators suggest a bearish trend, further weighing on the stock’s outlook. While the earnings call provided some optimism regarding future growth, the immediate financial risks overshadow these prospects.

To see Spark’s full report on RIME stock, click here.

More about Algorhythm Holdings

Average Trading Volume: 264,101

Technical Sentiment Signal: Sell

Current Market Cap: $6.86M

Find detailed analytics on RIME stock on TipRanks’ Stock Analysis page.

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