IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/15/2025 | $20.00 | Buy | Maxim Group |
| 7/17/2024 | $8.00 | Neutral | Wedbush |
LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company's excess cash reserves to Bitcoin. This move emphasizes Rumble's belief in Bitcoin as a valuable tool for strategic planning and is designed to accelerate the company's expansion into cryptocurrency. Rumble's Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million. "We believe that the world is still in the early stages of the adoption of Bitcoin, which has recently acce
The Nation's Top Patriotic Marketplace Announces Intent to Break Free from Big Tech by Joining Rumble Cloud LONGBOAT KEY, Fla., June 17, 2024 (GLOBE NEWSWIRE) -- Rumble Inc., (NASDAQ:RUM) ("Rumble"), the video-sharing platform and cloud services provider, announced today that PSQ Holdings, Inc. or PublicSquare (NYSE:PSQH), America's leading commerce and payments ecosystem that values freedom and supports the parallel economy, intends to migrate its Marketplace segment to the Rumble Cloud platform. Chris Pavlovski, Chairman and Chief Executive Officer of Rumble, commented, "I am excited that PublicSquare has decided to join Rumble on its mission to break the s
Comprehensive partnership to bolster the managed service offering of Rumble Cloud.TM LONGBOAT KEY, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- Rumble, the video-sharing platform (NASDAQ:RUM) and cloud services provider, is excited to announce a strategic partnership with ACP CreativIT. This partnership will strengthen Rumble Cloud's focus on North America while expanding its offering with a wider range of complementary services and solutions using the Rumble Cloud infrastructure. The combined effort allows Rumble Cloud customers to optimize their IT operations and business continuity while enhancing data privacy and security. "We are looking forward to this partnership," said R
Partnership will address market demand for Rumble Cloud™ and serve enterprise customers at scale. LONGBOAT KEY, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, is excited to announce a strategic partnership with Qinshift, a global premier leader in managed IT services and solutions with more than 7,000 employees (combined with Avenga, a recently acquired Germany-based global technology platform). By teaming up with Qinshift, Rumble Cloud will bring together the expertise, resources, and industry insights of both companies while leveraging Qinshift's highly skilled workforce, expertise, and global footprint to address c
New coffee is the latest addition to the parallel economy. LONGBOAT KEY, FL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the high-growth video platform and cloud services provider, announced today a partnership with 1775 Coffee and the launch of an exclusive Rumble-branded product. Rumble's 1775 Coffee features several exceptional, top-shelf varieties and adds to the ecosystem of products and services in a parallel economy aligned with Rumble's mission and values. Featured online at 1775Coffee.com, this is the first of a series of products for freedom-loving people to enjoy. "Not only is Rumble going to lead the way in video and cloud, but we are going to partner with
Leading Presidential Primary GOP Candidates Attending PublicSq. Presenting Alongside DeSantis, Trump and Others PSQ Holdings, Inc. (NYSE:PSQH) ("PublicSq.," pronounced "Public Square") ("the Company"), a leading marketplace of patriotic businesses and consumers, will have a high-profile presence at the Florida Freedom Summit, Florida's premier GOP event, on Saturday, November 4th, 2023. The Company headlines the Summit alongside Rumble, Inc. (NASDAQ:RUM), the video sharing platform and cloud services provider, which will livestream the event. Michael Seifert, Founder, Chairman and Chief Executive Officer of PublicSq. stated, "Public Square and Rumble are cornerstones of the freedom ec
Maxim Group initiated coverage of Rumble with a rating of Buy and set a new price target of $20.00
Wedbush initiated coverage of Rumble with a rating of Neutral and set a new price target of $8.00
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~ MAU Growth to 67 Million, Up 26% Quarter-over-Quarter ~ ~ Record Revenues of $25.1 Million, Up 39% Year-over-Year ~ ~ Fourth Consecutive Quarter of Reduced Cash Usage, 25% Less Usage Than Prior Quarter ~ LONGBOAT KEY, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, today announced financial results for the fiscal third quarter ended September 30, 2024. Q3 2024 Key Highlights and Key Items Revenue for the third quarter was $25.1 million, a sequential increase of 12% from $22.5 million in the second quarter of 2024, and an increase of 39% compared to $18.0 million in the third quarter
Rumble's Founder and CEO Chris Pavlovski to Hold a Post-Earnings Live Stream with Matt Kohrs via Rumble Studio LONGBOAT KEY, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, today announced that it will release financial results for the fiscal quarter ended September 30, 2024 after the close of markets on Tuesday, November 12, 2024. The Company will host a conference call on the same day at 5:00 p.m. Eastern Time. Access to the live webcast and replay of the conference call, along with related earnings release materials, will be available here and on Rumble's Investor Relations website at
~ Delivers Sequential Revenue Growth of 27% to $22.5 Million ~ ~ Introduces New KPI, Average Revenue Per User (ARPU), Up 19% Over First Quarter ~ LONGBOAT KEY, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, today announced financial results for the fiscal quarter ended June 30, 2024. Q2 2024 Key Highlights and Key Items Revenue for the second quarter was $22.5 million, a sequential increase of 27% from $17.7 million in the first quarter of 2024 and compared to $25.0 million in the second quarter of 2023.Average global Monthly Active Users ("MAUs") of 53 million in the second quarter
LONGBOAT KEY, FL, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that Chris Pavlovski, the Chairman and CEO of Rumble, will be interviewed by Matt Kohrs on Monday, August 12, 2024, shortly after the earnings call. The interview will be streamed live on the Matt Kohrs Rumble channel at rumble.com/MattKohrs using Rumble's streaming platform, Rumble Studio. Viewers will be able to submit questions to Mr. Pavlovski in the comments section of the live stream. Mr. Pavlovski's interview with Matt Kohrs will focus on Rumble's second quarter 2024 accomplishments and future initiatives and will follow Rumble's rele
LONGBOAT KEY, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, today announced that it will release financial results for the fiscal quarter ended June 30, 2024 after the close of markets on Monday, August 12, 2024. The Company will host a conference call on the same day at 5:00 p.m. Eastern Time. Access to the live webcast and replay of the conference call, along with related earnings release materials, will be available here and on Rumble's Investor Relations website at investors.rumble.com. ABOUT RUMBLE Rumble is a high-growth video platform and cloud services provider that is creatin
~ All Core Products Now Online with Two Major Launches: Rumble Cloud and Rumble Studio Livestreaming ~ ~ Revenue of $17.7 Million, Company Reiterates Expected 2Q Sequential Increase in Topline ~ ~ Announces a Key Strategic Partnership with Barstool Sports ~ LONGBOAT KEY, Fla., May 14, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video sharing platform and cloud services provider, today announced financial results for the fiscal quarter ended March 31, 2024. Q1 2024 Key Highlights and Key Items Completes foundational product portfolio with Rumble Video, Rumble Advertising Center, Rumble Studio, and Rumble Cloud.Revenue for the first quarter increas
LONGBOAT KEY, Fla., April 16, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video platform and cloud services provider, today announced that it will release financial results for the fiscal quarter ended March 31, 2024 after the close of markets on Tuesday, May 14, 2024. The Company will host a conference call on the same day at 5:00 p.m. Eastern Time. Access to the live webcast and replay of the conference call, along with related earnings release materials, will be available here and on Rumble's Investor Relations website at investors.rumble.com. ABOUT RUMBLE Rumble is a high-growth video platform and cloud services provider that is creating an ind
~ Full Year 2023 Revenue Increased 106% to $81.0 Million ~ ~ Fourth Quarter Average Monthly Active Users Sequentially Increased 16% to 67 Million ~ ~ Achieved Company's Largest Milestone To-Date with Public Launch of Rumble Cloud ~ LONGBOAT KEY, Fla., March 27, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video sharing platform and cloud services provider, today announced financial results for the fiscal quarter and full year ended December 31, 2023. Q4 2023 and Full Year Key Highlights Revenue for the full year 2023 increased 106% to $81.0 million, compared to $39.4 million for the year ended December 31, 2022. Fourth quarter revenue increased t
LONGBOAT KEY, Fla., March 22, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, announced today that Chris Pavlovski, the Chairman and CEO of Rumble, will be interviewed by Matt Kohrs on Wednesday, March 27, 2024, at 7:00 p.m. Eastern Time. The interview will be streamed live on the Matt Kohrs Rumble channel at rumble.com/MattKohrs using Rumble's streaming platform, Rumble Studio. Viewers will be able to submit questions to Mr. Pavlovski in the comments section of the live stream. Mr. Pavlovski's interview with Matt Kohrs will focus on Rumble's fourth quarter and full year 2023 accomplishments and fut
LONGBOAT KEY, Fla., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the high-growth video platform and cloud services provider, today announced that it will release financial results for the fiscal quarter and full year ended December 31, 2023 after the close of markets on Wednesday, March 27, 2024. The Company will host a conference call on the same day at 5:00 p.m. Eastern Time. Access to the live webcast and replay of the conference call, along with related earnings release materials, will be available here and on Rumble's Investor Relations website at investors.rumble.com. ABOUT RUMBLE Rumble is a high-growth video platform and cloud services
LONGBOAT KEY, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that it has entered a cloud services agreement with the Government of El Salvador. The deal represents the increasing migration of the world toward companies that align more with the values of freedom that Rumble represents. Rumble's services to El Salvador will include cloud storage (object and block storage), cloud computing, databases, load balancers, and Kubernetes integration. "This agreement marks a major milestone for Rumble, as it is clear that our infrastructure, capabilities, and dependability are suitable for governments to trust for
Transaction Unifies Two Leaders in Decentralization, Rumble CEO Retains Controlling Stake Strategic Investment Results in Mission-Aligned Investor and Supporter Rumble Will Use $250 Million of Proceeds to Further Solidify Balance Sheet and Accelerate Growth Initiatives Remaining Proceeds Will Be Used to Fund Self Tender Offer for up to 70 Million of Rumble's Class A Common Stock to Provide Liquidity to Stockholders at Same Price as Tether Investment LONGBOAT KEY, Fla., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, announced today that it has entered into a definitive agreement for a strategic i
LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the high-growth video platform and cloud services provider, today announced that the much-anticipated fourth season of "Surviving Barstool" will move to Rumble, unedited and uncensored, beginning Monday, December 2, 2024. Rumble users and Barstool fans can subscribe to the Barstool Sports Rumble channel here and tune in to watch this season here. YouTube will only carry the censored version of Surviving Barstool. "Surviving Barstool" follows twenty-four of the biggest Barstool employees competing against each other for a $250,000 prize while trapped in the office. The final winner will be decided by
LONGBOAT KEY, FL and NEW YORK, NY, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the high-growth video platform and cloud services provider, today announced that the much-anticipated fourth season of "Surviving Barstool" will move to Rumble, unedited and uncensored, beginning Monday, December 2, 2024. Rumble users and Barstool fans can subscribe to the Barstool Sports Rumble channel here and tune in to watch this season here. YouTube will only carry the censored version of Surviving Barstool. "Surviving Barstool" follows twenty-four of the biggest Barstool employees competing against each other for a $250,000 prize while trapped in the office. The final winner will be decided by
LONGBOAT KEY, Fla., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today sued the California Attorney General and Secretary of State over a recently passed law that unconstitutionally punishes certain political speech. Rumble is represented by Alliance Defending Freedom (ADF), a non-profit law firm that defends the right to speak freely and which also represents the satirical website "The Babylon Bee" in a related lawsuit. The suit was filed in U.S. District Court for the Eastern District of California, Sacramento Division. The law at issue, AB 2655, requires online platforms to receive reports about posts related to electio
LONGBOAT KEY, Fla, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that its Board of Directors has approved a corporate treasury diversification strategy of allocating a portion of the company's excess cash reserves to Bitcoin. This move emphasizes Rumble's belief in Bitcoin as a valuable tool for strategic planning and is designed to accelerate the company's expansion into cryptocurrency. Rumble's Bitcoin allocation strategy will include purchases, at the discretion of the company, of up to $20 million. "We believe that the world is still in the early stages of the adoption of Bitcoin, which has recently acce
LONGBOAT KEY, Fla., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that Dr Disrespect has joined Rumble and will be streaming his popular content on the platform. As part of an agreement that includes equity with milestones as a majority of its compensation, Dr Disrespect will provide exclusive content to Rumble Premium for his "Champions Club" community. Dr Disrespect will also lead Rumble Gaming, acting as an advisor and helping to build the Rumble Gaming community. Dr Disrespect is one of the world's best-known online streamers, continuously in the top charts. He became known for playing battle royale game
~ MAU Growth to 67 Million, Up 26% Quarter-over-Quarter ~ ~ Record Revenues of $25.1 Million, Up 39% Year-over-Year ~ ~ Fourth Consecutive Quarter of Reduced Cash Usage, 25% Less Usage Than Prior Quarter ~ LONGBOAT KEY, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM) ("Rumble" or the "Company"), the video-sharing platform and cloud services provider, today announced financial results for the fiscal third quarter ended September 30, 2024. Q3 2024 Key Highlights and Key Items Revenue for the third quarter was $25.1 million, a sequential increase of 12% from $22.5 million in the second quarter of 2024, and an increase of 39% compared to $18.0 million in the third quarter
LONGBOAT KEY, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that it broke multiple records on a historic Election Night. On the evening of November 5 and into the morning of November 6, Rumble set new high marks in a variety of categories, including number of livestreams, live concurrent views, consumption, total Rumble Premium subscribers, and revenue generated through the Rumble Advertising Center. According to StreamsCharts, Rumble set a new peak number of concurrent viewers—1,791,052—while star content creator Dan Bongino set a new high for an individual stream with over 515,000 concurrent viewers,
LONGBOAT KEY, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that the popular content creator Steven Crowder will host an Election Night livestream – titled the "The Election Livestream of the Century: The Rumble on Rumble" – beginning at 6:00 p.m. EST and will promote Rumble Premium, the platform's ad-free subscription product, as his new home for exclusive content. Rumble users who are already subscribers to Crowder's MugClub will receive access to Rumble Premium automatically. Crowder currently has over 1.6 million subscribers to his Rumble channel. "Rumble is the destination for millions of peopl
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