Rumbleon Stock Forecast & Predictions: 1Y Price Target $24.00 | Buy or Sell NASDAQ: RMBL 2023 (2024)

Analyst price target for RMBL

Based on 2 analysts offering 12 month price targets for Rumbleon Inc.

Min Forecast

$10.00+14.29%

Avg Forecast

$24.00+174.29%

Max Forecast

$38.00+334.29%

Should I buy or sell RMBL stock?

Based on 3 analysts offering ratings for Rumbleon Inc.

Buy

Strong Buy

1

analysts 33.33%

Buy

1

analysts 33.33%

Hold

1

analysts 33.33%

Sell

analysts 0%

Strong Sell

analysts 0%

Be the first to know when Wall Street analysts revise their RMBL stock forecasts and price targets.

RMBL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color

Baird

Top 16%

85

BuyMaintains$10.00+14.29%2022-11-25

Wolfe Research

Bottom 5%

5

HoldInitiates Coverage OnN/AN/A2022-09-21

B. Riley Securities

Top 1%

100

Strong BuyMaintains$38.00+334.29%2022-07-12

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Forecast return on equity

Is RMBL forecast to generate an efficient return?

Company

20.23%

Industry

43.6%

Market

52.78%

RMBL's Return on Equity is forecast to be high in 2 years (20.23%); analysts are confident in the firm's ability to efficiently generate return on equity

Forecast High Return on Equity Forecast

Forecast return on assets

Is RMBL forecast to generate an efficient return on assets?

Company

7.62%

Industry

19.31%

RMBL

is forecast to generate lower Return on Assets (

7.62%

) than the

US

Internet Retail industry average (

19.31%

)

Forecast Return on Assets vs Industry Forecast

RMBL earnings per share forecast

What is RMBL's earnings per share in the next 2 years based on estimates from 3 analysts?

Avg 1 year Forecast

$4.40-41.33%

Avg 2 year Forecast

$6.14-18.13%

RMBL's earnings are forecast to grow at a rate of -41.33% per year, which is not exceptional

Forecast High Earnings Growth Forecast

RMBL revenue forecast

What is RMBL's revenue in the next 2 years based on estimates from 2 analysts?

Avg 1 year Forecast

$2.3B+18.06%

Avg 2 year Forecast

$2.6B+34.86%

RMBL's revenue is forecast to grow at a rate of 18.06% per year, which is not exceptional

Forecast High Revenue Growth Forecast

RMBL earnings growth forecast

How is RMBL forecast to perform vs Internet Retail companies and vs the US market?

Company

-41.33%

Industry

251.47%

Market

83.1%

RMBL

's earnings are forecast to grow slower (

-41.33%

per year) than the

US

Internet Retail industry (

251.47%

)

Forecast Earnings Growth vs Industry Forecast

RMBL's earnings are forecast to grow slower (-41.33% per year) than the US market average (83.1%)

Forecast Earnings Growth vs Market Forecast

RMBL's earnings are forecast to grow slower (-41.33% per year) than the risk-free savings rate (3.9%)

Forecast Earnings Growth vs Savings Rate Forecast

RMBL revenue growth forecast

How is RMBL forecast to perform vs Internet Retail companies and vs the US market?

Company

18.06%

Industry

18.74%

Market

65.12%

RMBL

's revenues are forecast to grow slower (

18.06%

per year) than the

US

Internet Retail industry average (

18.74%

)

Forecast Revenue Growth vs Industry Forecast

RMBL's revenues are forecast to grow slower (18.06% per year) than the US market average (65.12%)

Forecast Revenue Growth vs Market Forecast

RMBL vs Ecommerce Stocks

TickerPricePrice TargetUp/downsideConsensus
RMBL$8.75$24.00+174.29%Buy
LITB$1.20N/AN/A
TDUP$1.53$5.50+259.48%Buy
YJ$0.47$3.40+617.30%Sell
DIBS$5.12$12.00+134.38%Buy
Rumbleon Stock Forecast & Predictions: 1Y Price Target $24.00 | Buy or Sell NASDAQ: RMBL 2023 (2024)
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