Rumble (RUM) AI Stock Analysis

• Market Cap: $2.56B
• Dividend Yield: N/A
• Average Volume (3M): 3.77M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.86
• Revenue Growth: 32.45%
• EPS Growth: -125.99%
• Country: US
• Employees: 135
• Sector: Communication Services
• Sector Strength: 97
• Industry: Software - Application
• EPS (TTM): -0.12
• Shares Outstanding: 215,187,230
• 10 Day Avg. Volume: 2,627,889
• 30 Day Avg. Volume: 3,770,038
• PEG Ratio: -0.04
• Price to Book (P/B): -42.07
• Price to Sales (P/S): 27.81
• P/FCF Ratio: -29.61
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 19.76
• Enterprise Value/Gross Profit: -76.00
• Enterprise Value/Ebitda: -6.39
• 1Y Price Target: $14.50
• Price Target Upside: 146.18% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: $6.00 ▲(1.87% Upside)

Rumble's overall stock score is primarily impacted by its financial struggles, including negative profitability and cash flow issues. Technical analysis indicates bearish momentum, while valuation concerns persist due to a negative P/E ratio. The earnings call offers some optimism with revenue growth and strategic initiatives, but challenges remain.

Positive Factors

Revenue Growth

The consistent revenue growth highlights Rumble's ability to expand its market reach and improve monetization strategies, which is crucial for long-term sustainability.

Strategic Partnerships

These partnerships enhance Rumble's platform capabilities and broaden its audience reach, strengthening its competitive position in the market.

Regulatory Win in France

Restoring access in France expands Rumble's user base and reinforces its commitment to free speech, aligning with its core values and growth strategy.

Negative Factors

Negative Profit Margins

Persistent negative profit margins indicate operational inefficiencies and challenges in achieving profitability, which could hinder long-term financial health.

Cash Flow Issues

Negative free cash flow suggests difficulties in converting earnings into cash, potentially impacting the company's ability to invest in growth and manage debt.

High Content Costs

High content costs can erode margins and limit profitability, necessitating improved cost management to ensure sustainable growth.

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 through several key streams. Primarily, the company earns money via advertising, where advertisers pay to display ads on videos and throughout the platform. Additionally, Rumble offers a subscription service that allows users to access premium content and ad-free experiences for a monthly fee. The platform also monetizes videos through a revenue-sharing model with content creators, incentivizing them to produce and share more content while Rumble takes a percentage of the ad revenue generated. Strategic partnerships with various content creators and brands further enhance its revenue potential by broadening its audience reach and increasing advertising opportunities.

Rumble Financial Statement Overview

Summary

Rumble faces significant financial challenges with negative profit margins and cash flow issues. Despite low leverage, profitability and cash conversion remain problematic, requiring improvements in operational efficiency and cash management.

Income Statement

Rumble's income statement reveals significant challenges. The company has consistently negative gross and net profit margins, indicating that it is struggling to achieve profitability. Despite a slight revenue growth in the TTM period, the EBIT and EBITDA margins remain deeply negative, suggesting operational inefficiencies. The company needs to focus on improving its cost structure and revenue generation to enhance profitability.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio, which is a positive sign of financial stability. However, the negative return on equity indicates that the company is not generating sufficient returns on its equity base. The equity ratio is reasonable, but the company needs to improve its profitability to enhance shareholder value.

Cash Flow

Rumble's cash flow statement highlights significant issues with free cash flow, which is negative and declining. The operating cash flow to net income ratio is positive in the TTM period, indicating some improvement in cash generation from operations. However, the negative free cash flow to net income ratio suggests that the company is not converting its earnings into cash effectively. Improving cash flow management is crucial for the company's financial health.

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: 5.89
• 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 5.89 is below the 20-day moving average (MA) of 6.96, below the 50-day MA of 7.29, and below the 200-day MA of 8.55, indicating a bearish trend. The MACD of -0.42 indicates Positive momentum. The RSI at 30.96 is Neutral, neither overbought nor oversold. The STOCH value of 12.95 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
BILL	61 Neutral	$4.63B	-167.30	0.30%	―	11.63%	50.72%
VMEO	61 Neutral	$1.31B	1,044.00	0.35%	―	-0.67%	-95.68%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
GRND	53 Neutral	$2.61B	―	-171.54%	―	28.97%	-4.18%
BMBL	50 Neutral	$441.00M	―	-25.34%	―	-7.43%	61.29%
OCFT	47 Neutral	$308.28M	-3.06	-24.21%	―	-48.61%	-2291.48%
RUM	45 Neutral	$2.56B	―	-118.83%	―	32.45%	-125.99%

Rumble Corporate Events

Rumble Board Member Nancy Armstrong Resigns

On September 8, 2025, Nancy Armstrong resigned from the Board of Directors of Rumble Inc. Her resignation was not due to any disagreements with the company, and the board size was subsequently reduced to six directors.

The most recent analyst rating on (RUM) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Rumble stock, see the RUM Stock Forecast page.

Rumble Inc. Earnings Call Highlights Growth and Strategy

Rumble Inc.’s recent earnings call showcased a generally positive sentiment, underscored by robust revenue growth, strategic partnerships, and strong user engagement. However, the optimism was somewhat tempered by ongoing financial losses and high service costs.

Rumble Inc. Reports Growth and Strategic Expansions

Rumble Inc. is a video-sharing platform and cloud services provider focused on creating an independent infrastructure to restore a free and open internet. In its second quarter of 2025, Rumble reported a 12% increase in revenue year-over-year, reaching $25.1 million, alongside strategic expansions and partnerships. Key financial metrics included a 24% rise in Average Revenue Per User (ARPU) to $0.42, despite a net loss of $30.2 million, which was higher than the previous year’s loss. The company also improved its adjusted EBITDA loss by $8.2 million compared to the same quarter in 2024. Notable strategic moves included partnerships with the Tampa Bay Buccaneers and TRON DAO, as well as the addition of its Class A shares to the Russell 2000 and 3000 indexes. Looking ahead, Rumble’s management is optimistic about its growth trajectory, driven by new initiatives like the Rumble Wallet and expanding cloud and AI projects, positioning the company for sustained growth while maintaining its commitment to a free and open internet.

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.