Wedbush Issues Positive Forecast for Rumble Earnings

Rumble Inc. (NASDAQ:RUM) – Analysts at Wedbush increased their Q3 2025 earnings per share estimates for shares of Rumble in a note issued to investors on Monday, August 11th. Wedbush analyst S. Devitt now forecasts that the company will post earnings of ($0.08) per share for the quarter, up from their prior forecast of ($0.09). The consensus estimate for Rumble’s current full-year earnings is ($0.62) per share. Wedbush also issued estimates for Rumble’s Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.38) EPS and FY2026 earnings at ($0.32) EPS.

Rumble (NASDAQ:RUM) last posted its earnings results on Sunday, August 10th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.06). The company had revenue of $25.09 million for the quarter, compared to analysts’ expectations of $26.78 million. Rumble had a negative net margin of 289.37% and a negative return on equity of 97.99%. The firm’s revenue was up 11.6% on a year-over-year basis.

Rumble Trading Down 4.4%

RUM stock opened at $8.06 on Thursday. The company’s 50 day moving average is $8.90 and its 200 day moving average is $8.99. The stock has a market cap of $3.50 billion, a price-to-earnings ratio of -5.64 and a beta of 0.72. Rumble has a 1-year low of $4.92 and a 1-year high of $17.40.

Hedge Funds Weigh In On Rumble

A number of hedge funds and other institutional investors have recently bought and sold shares of RUM. North Star Investment Management Corp. increased its stake in Rumble by 60.0% in the first quarter. North Star Investment Management Corp. now owns 4,000 shares of the company’s stock valued at $28,000 after acquiring an additional 1,500 shares during the last quarter. Golden State Wealth Management LLC lifted its position in Rumble by 28,571.4% in the 1st quarter. Golden State Wealth Management LLC now owns 4,014 shares of the company’s stock worth $28,000 after buying an additional 4,000 shares during the last quarter. CWM LLC lifted its position in Rumble by 104.3% in the 1st quarter. CWM LLC now owns 4,395 shares of the company’s stock worth $31,000 after buying an additional 2,244 shares during the last quarter. Raleigh Capital Management Inc. lifted its position in Rumble by 8,900.0% in the 1st quarter. Raleigh Capital Management Inc. now owns 4,500 shares of the company’s stock worth $32,000 after buying an additional 4,450 shares during the last quarter. Finally, Coppell Advisory Solutions LLC bought a new stake in Rumble in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 26.15% of the company’s stock.

Rumble Company Profile

Rumble Inc operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.