Rumble Inc. (NASDAQ:RUM) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Explore Rumble's Fair Values from the Community and select yours

It's shaping up to be a tough period for Rumble Inc. (NASDAQ:RUM), which a week ago released some disappointing second-quarter results that could have a notable impact on how the market views the stock. It was a pretty negative result overall, with revenues of US$25m missing analyst predictions by 6.3%. Worse, the business reported a statutory loss of US$0.12 per share, much larger than the analysts had forecast prior to the result. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.NasdaqGM:RUM Earnings and Revenue Growth August 13th 2025

Following the latest results, Rumble's three analysts are now forecasting revenues of US$108.4m in 2025. This would be a credible 4.1% improvement in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 71% to US$0.26. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$112.7m and losses of US$0.17 per share in 2025. So it's pretty clear the analysts have mixed opinions on Rumble after this update; revenues were downgraded and per-share losses expected to increase.

View our latest analysis for Rumble

There was no major change to the consensus price target of US$14.50, signalling that the business is performing roughly in line with expectations, despite lower earnings per share forecasts. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Rumble at US$20.00 per share, while the most bearish prices it at US$9.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Rumble's revenue growth is expected to slow, with the forecast 8.4% annualised growth rate until the end of 2025 being well below the historical 40% p.a. growth over the last three years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 11% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Rumble.

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The Bottom Line

The most important thing to take away is that the analysts increased their loss per share estimates for next year. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. The consensus price target held steady at US$14.50, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Rumble going out to 2027, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 2 warning signs for Rumble you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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