Wedbush initiated coverage on Rumble with a new price target
$RUM
Computer Software: Programming Data Processing
Technology
Wedbush initiated coverage of Rumble with a rating of Neutral and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/15/2025 | $20.00 | Buy | Maxim Group |
| 7/17/2024 | $8.00 | Neutral | Wedbush |
~ Revenue up 12% Year-over-Year to $25.1 Million ~ ~ Quarter Concluded with Class A Shares Being Added to Russell 2000® & 3000® ~ ~ ARPU of $0.42, Up 24% from Prior Quarter ~ LONGBOAT KEY, Fla., Aug. 10, 2025 (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, 2025. Q2 2025 Key Highlights and Key Items Revenue for the second quarter was $25.1 million, an increase of 12% compared to $22.5 million in the second quarter of 2024.MAUs were 51 million in the second quarter of 2025, compared to 59 million in the first quarter of 2025.
Rumble has notified Northern Data of its interest in a potential all-stock exchange offer for 100% of the outstanding shares of Northern Data Transaction would create a leading force in freedom-first infrastructure supported by Rumble's existing balance sheet Tether, the majority shareholder of Northern Data, has indicated it would support the transaction Following consummation of the potential transaction, Tether would become an important customer of Rumble, with a multi-year commitment to purchase GPUs LONGBOAT KEY, Fla., Aug. 10, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM) ("Rumble"), the video-sharing platform and cloud services provider, confirmed today that, consistent w
Longboat Key, FL, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the high-growth video-sharing platform and cloud services provider empowering creators and brands, and Cumulus Media (OTCQB:CMLS), one of the largest audio creators and distributors, today announced a multi-pronged strategic partnership that recognizes the evolution of podcasting and video in today's media landscape. This collaboration will unlock new opportunities across Cumulus Media radio stations, Westwood One, the Cumulus Podcast Network, and Rumble.com, including expanded distribution of content from both companies. This initiative reflects both companies' commitment to innovation in digital media and their sh
4 - Rumble Inc. (0001830081) (Issuer)
4 - Rumble Inc. (0001830081) (Issuer)
4 - Rumble Inc. (0001830081) (Issuer)
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
10-Q - Rumble Inc. (0001830081) (Filer)
8-K - Rumble Inc. (0001830081) (Filer)
8-K - Rumble Inc. (0001830081) (Filer)
SC 13D/A - Rumble Inc. (0001830081) (Subject)
SC 13G/A - Rumble Inc. (0001830081) (Subject)
SC 13G/A - Rumble Inc. (0001830081) (Subject)
~ Revenue up 12% Year-over-Year to $25.1 Million ~ ~ Quarter Concluded with Class A Shares Being Added to Russell 2000® & 3000® ~ ~ ARPU of $0.42, Up 24% from Prior Quarter ~ LONGBOAT KEY, Fla., Aug. 10, 2025 (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, 2025. Q2 2025 Key Highlights and Key Items Revenue for the second quarter was $25.1 million, an increase of 12% compared to $22.5 million in the second quarter of 2024.MAUs were 51 million in the second quarter of 2025, compared to 59 million in the first quarter of 2025.
LONGBOAT KEY, FL, Aug. 01, 2025 (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, 2025 before market open on Monday, August 11, 2025. The Company will host a conference call on the same day at 11:30 a.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
~ Revenue up 34% Year-over-Year to $23.7 Million ~ ~ Rumble Cloud Secures Contract with Government of El Salvador ~ ~ Significantly Improved MAU Retention Compared to 2022 Mid-Term Elections ~ ~ Tether Investment Completed, Balance Sheet Solidified ~ LONGBOAT KEY, Fla., May 08, 2025 (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, 2025. Q1 2025 Key Highlights and Key Items Revenue for the first quarter was $23.7 million, an increase of 34% compared to $17.7 million in the first quarter
LONGBOAT KEY, Fla., March 12, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced today that the company has added approximately 188 Bitcoin to its treasury at an average price of approximately $91,000 per coin, consistent with its previously announced Bitcoin treasury strategy to allocate up to $20 million to Bitcoin. This move further emphasizes Rumble's conviction in Bitcoin as a valuable tool for strategic planning and reinforces the company's expansion into cryptocurrency. "We are excited to announce these purchases and allocation of Bitcoin as part of our treasury strategy as well as a larger strategic move as we further e
LONGBOAT KEY, Fla., Feb. 23, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today released the following statement from CEO and Chairman Chris Pavlovski regarding the recent appointment of content creator Dan Bongino as Deputy Director of the FBI in the Trump Administration: "Dan Bongino is a pioneer and a free speech warrior, and it has been an honor to host his content on Rumble. More than just that, he has been a mentor to me personally through these important years of Rumble's explosive growth, and he has become a dear friend I will have for life. Dan was one of the first major creators to move his content to Rumble in 2020 and ha
LONGBOAT KEY, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that popular content creator Tim Pool is bringing his programming to Rumble, with much of it becoming available exclusively on Rumble Premium. The content is available on Rumble as of February 11, 2025. "We are thrilled to welcome Tim Pool to Rumble and look forward to his blunt and insightful commentary and conversations with interesting guests on topics people care about," said Rumble Chief Executive Officer Chris Pavlovski. "Rumble is the new home for exclusive content from the creators who have the biggest and most active followings. We are