RumbleOnRMBL
RMBL
About: RumbleON Inc is a USA-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include power sports, automotive, and vehicle logistics. Powersports and automotive segments consist of the distribution of pre-owned vehicles. The Powersports segment that derives the majority of revenue consists of the distribution principally of motorcycles and other powersports vehicles, while the automotive segment distributes cars and trucks. The vehicle Logistics and transportation service segment offers nationwide automotive transportation services between dealerships and auctions.
Employees: 2,412
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
396% more call options, than puts
Call options by funds: $9.62M | Put options by funds: $1.94M
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
0% more funds holding
Funds holding: 55 [Q2] → 55 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
8% less capital invested
Capital invested by funds: $84.3M [Q2] → $77.9M (-$6.4M) [Q3]
12.31% less ownership
Funds ownership: 58.4% [Q2] → 46.09% (-12.31%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
18%
upside
Avg. target
$6
41%
upside
High target
$7
65%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
DA Davidson Michael Baker 59% 1-year accuracy 24 / 41 met price target | 18%upside $5 | Neutral Downgraded | 14 Jan 2025 |
B. Riley Securities Eric Wold 63% 1-year accuracy 17 / 27 met price target | 65%upside $7 | Neutral Downgraded | 29 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
6 days ago
RumbleOn, Inc. Announces Leadership Changes
Irving, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Irving, Texas - IRVING, Texas -- RumbleOn, Inc. (the "Company" or "RumbleOn"), the largest powersports retailer in North America, today announced the following leadership changes, each effective as of January 13, 2025: Michael Quartieri, Chairman of the Board of Directors, has been appointed Chief Executive Officer. Cameron Tkach, Vice President of Dealership Operations, has been promoted to Executive Vice President and Chief Operating Officer of the Company.
Neutral
PRNewsWire
1 week ago
RumbleOn, Inc. Announces Leadership Changes
Michael Quartieri, Chairman of the Board, Appointed as Chief Executive Officer, Cameron Tkach Promoted to Executive Vice President and Chief Operating Officer, Becca Polak Named as Vice Chairman and Lead Independent Director IRVING, Texas , Jan. 13, 2025 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn"), the largest powersports retailer in North America, today announced the following leadership changes, each effective as of January 13, 2025: Michael Quartieri, Chairman of the Board of Directors, has been appointed Chief Executive Officer; Cameron Tkach, Vice President of Dealership Operations, has been promoted to Executive Vice President and Chief Operating Officer of the Company; Becca Polak, Chair of the Compensation Committee of the Board of Directors, has been named Vice Chairman and Lead Independent Director; and Michael Kennedy is no longer Chief Executive Officer or a member of the Board of Directors of the Company. Mr. Quartieri is a tenured C-suite executive with significant leadership and strategic planning experience, in addition to having strong financial acumen and corporate governance expertise.
Neutral
PRNewsWire
1 month ago
RumbleOn Announces Final Results of $10.0 Million Fully Backstopped Registered Rights Offering
IRVING, Texas , Dec. 17, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company," "RumbleOn," "we," "us," or "our") today announced the final results of its $10.0 million fully backstopped registered equity rights offering (the "Rights Offering") for shares of the Company's Class B common stock, par value $0.001 per share (the "Class B common stock"). The subscription period for the Rights Offering expired at 5:00 p.m.
Neutral
PRNewsWire
1 month ago
RumbleOn Announces Preliminary Results of $10.0 Million Fully Backstopped Registered Rights Offering
IRVING, Texas , Dec. 13, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company," "RumbleOn," "we," "us," or "our") today announced the preliminary results of its $10.0 million fully backstopped registered equity rights offering (the "Rights Offering") for shares of the Company's Class B common stock, par value $0.001 per share (the "Class B common stock"). The subscription period for the Rights Offering expired at 5:00 p.m.
Neutral
PRNewsWire
1 month ago
RumbleOn Announces Commencement of $10.0 Million Fully Backstopped Registered Rights Offering
IRVING, Texas , Nov. 26, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn") announced today that it has commenced a $10.0 million fully backstopped registered equity rights offering (the "Rights Offering"), pursuant to which the Company is expected to receive aggregate gross proceeds of $10.0 million, less expenses related to the Rights Offering. The Company intends to use the proceeds from the Rights Offering for general corporate purposes which may include repayment of the Company's convertible senior 6.75% promissory notes due January 1, 2025.
Neutral
PRNewsWire
2 months ago
RumbleOn Announces Record Date for Proposed $10.0 Million Rights Offering
IRVING, Texas , Nov. 15, 2024 /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn") announced today that the close of business (4:00 p.m. Central Time) on November 25, 2024 has been fixed as the record date (the "Record Date") for its previously announced proposed $10.0 million registered equity rights offering (the "Rights Offering"), which was announced in a Form 8-K filed with the U.S. Securities and Exchange Commission ("SEC") on November 12, 2024.
Neutral
Seeking Alpha
2 months ago
RumbleOn, Inc. (RMBL) Q3 2024 Earnings Call Transcript
RumbleOn, Inc. (NASDAQ:RMBL ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Elliot Wagner - VP, Finance Michael Kennedy - CEO Tiffany Kice - CFO Conference Call Participants Craig Kennison - Baird Eric Wold - B. Riley Securities Mike Baker - D.A.
Negative
Zacks Investment Research
2 months ago
RumbleON, Inc. (RMBL) Reports Q3 Loss, Lags Revenue Estimates
RumbleON, Inc. (RMBL) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.71 per share a year ago.
Neutral
PRNewsWire
2 months ago
RumbleOn Announces Third Quarter 2024 Earnings Release and Conference Call Schedule
IRVING, Texas , Nov. 6, 2024 /CNW/ - RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn"), today announced that it will release its third quarter 2024 operational and financial results before the market opens on Tuesday, November 12, 2024. The Company has scheduled a conference call and webcast on the same day at 7:00 a.m.
Neutral
PRNewsWire
2 months ago
Octane and RideNow Partner to Launch RideNow Finance
Private Label Partnership Drives More Sales Through Fast, Easy Financing and Branded, Lifecycle Marketing NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Octane ® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, and RideNow , a RumbleOn company and the largest powersports retailer in North America, announced a partnership to launch branded finance in RideNow's 56 retail stores under the RideNow Finance brand. Effective immediately, RideNow Powersports customers can purchase over 18,000 new and pre-owned vehicles from a large selection of manufacturers using RideNow Finance.
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