B. Riley Issues Negative Estimate for RumbleOn Earnings

RumbleOn, Inc. (NASDAQ:RMBL) – B. Riley lowered their Q2 2025 earnings estimates for shares of RumbleOn in a note issued to investors on Tuesday, November 12th. B. Riley analyst E. Wold now anticipates that the company will post earnings per share of $0.26 for the quarter, down from their previous estimate of $0.30. B. Riley has a “Buy” rating and a $7.00 price objective on the stock. The consensus estimate for RumbleOn’s current full-year earnings is ($0.55) per share. B. Riley also issued estimates for RumbleOn’s Q4 2025 earnings at ($0.01) EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.34 EPS and Q3 2026 earnings at $0.03 EPS.

Separately, Wedbush lowered their target price on RumbleOn from $7.00 to $5.00 and set an “outperform” rating for the company in a report on Thursday, August 8th.

RumbleOn Stock Up 3.9 %

Shares of RMBL stock opened at $5.16 on Thursday. The company has a market capitalization of $182.07 million, a price-to-earnings ratio of -0.61 and a beta of 2.08. RumbleOn has a 12-month low of $3.13 and a 12-month high of $8.84. The firm has a fifty day moving average of $4.84 and a 200-day moving average of $4.77. The company has a quick ratio of 0.27, a current ratio of 1.12 and a debt-to-equity ratio of 2.23.

Hedge Funds Weigh In On RumbleOn

Several hedge funds have recently made changes to their positions in the business. Virtu Financial LLC acquired a new position in RumbleOn during the first quarter worth $90,000. Rhumbline Advisers boosted its stake in shares of RumbleOn by 3,910.5% during the 2nd quarter. Rhumbline Advisers now owns 19,772 shares of the company’s stock worth $81,000 after buying an additional 19,279 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of RumbleOn by 35.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 29,182 shares of the company’s stock valued at $120,000 after acquiring an additional 7,704 shares in the last quarter. Magnus Financial Group LLC acquired a new stake in shares of RumbleOn in the second quarter valued at about $127,000. Finally, Bank of New York Mellon Corp bought a new stake in RumbleOn during the second quarter worth about $182,000. 66.14% of the stock is owned by institutional investors.

RumbleOn Company Profile

RumbleOn, Inc primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products.