Rumble Stock Surges 253% in a Year: Is There More Room to Run in 2025?
From Nasdaq: 2025-01-17 12:02:00
Rumble (RUM) shares have surged 253% in the past year, outperforming the Computer & Technology sector and Internet – Software industry. The growth is fueled by strong audience monetization, user engagement, and a significant increase in monthly active users (MAUs) reaching 67 million in Q3 2024.
Rumble’s cloud services expansion is driving new business opportunities, with key partnerships like the one with the Government of El Salvador for cloud services. The company’s strategic alliances with enterprise customers and Sticker Mule for AI processing showcase its growing importance in the cloud market.
The company’s expanding portfolio, including Rumble Premium and exclusive content partnerships, is driving strong subscriber growth. Rumble also secured its first major brand advertising deal, signaling a shift in the advertising landscape and boosting revenues through mid-roll ads.
Rumble’s earnings estimates show positive trends, with revenue expected to grow by 18.49% in 2025. However, the company’s valuation is stretched, and competition in the cloud services market is impacting growth prospects. With a Zacks Rank #3 (Hold), it may be wise to wait for a better entry point to accumulate the stock.
Rumble Inc. has released its Top 10 Stocks for 2025, showcasing a portfolio handpicked for growth potential. With a history of successful stock picks, investors can explore these new opportunities for potential returns in the coming year.
Read more at Nasdaq: Rumble Stock Surges 253% in a Year: Is There More Room to Run in 2025?