Rumble Inc Q3 2024 Everything You Need to Know Ahead of Earnings
| RUM Stock | USD 7.10 0.03 0.42% |
About 54% of Rumble's investor base is interested to short. The analysis of overall sentiment of trading Rumble Inc stock suggests that many investors are impartial at this time. Rumble's investing sentiment overview a quick insight into current market opportunities from investing in Rumble Inc. Many technical investors use Rumble Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Rumble |
Rumble Inc is set to release its Q3 2024 earnings on Nov 12, 2024. The consensus estimate for Q3 2024 revenue is 29.25 million, and the earnings are expe
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Rumble Inc Current Investor Sentiment
Panic Vs Confidence
46
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Rumble's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Rumble Inc.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentDisposing |
Rumble Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Rumble can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Rumble Fundamental Analysis
We analyze Rumble's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rumble using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rumble based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Rumble is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Rumble Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Rumble stock to make a market-neutral strategy. Peer analysis of Rumble could also be used in its relative valuation, which is a method of valuing Rumble by comparing valuation metrics with similar companies.
Peers
Rumble Related Equities
| BMR | Beamr Imaging | 7.21 | ||||
| FSLY | Fastly | 7.07 | ||||
| CXAI | CXApp | 5.03 | ||||
| HTCR | HeartCore Enterprises | 3.68 | ||||
| U | Unity Software | 2.73 | ||||
| AI | C3 Ai | 2.17 | ||||
| HKD | AMTD Digital | 1.34 | ||||
| ASAN | Asana | 1.06 | ||||
| PUBM | Pubmatic | 0.76 | ||||
| TTD | Trade Desk | 0.31 | ||||
| MRIN | Marin Software | 1.75 |
Check out Rumble Hype Analysis, Rumble Correlation and Rumble Performance. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 0.388 | Quarterly Revenue Growth (0.10) | Return On Assets (0.31) | Return On Equity (0.52) |
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.