Maxim Group initiated coverage on Rumble with a new price target
$RUM
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Technology
Maxim Group initiated coverage of Rumble with a rating of Buy and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/15/2025 | $20.00 | Buy | Maxim Group |
| 7/17/2024 | $8.00 | Neutral | Wedbush |
3 - Rumble Inc. (0001830081) (Issuer)
4 - Rumble Inc. (0001830081) (Issuer)
4 - Rumble Inc. (0001830081) (Issuer)
~ 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
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8-K - Rumble Inc. (0001830081) (Filer)
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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
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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
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