Analyst Price Target is $6.67
▲ +7.53% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for RumbleOn in the last 3 months. The average price target is $6.67, with a high forecast of $8.00 and a low forecast of $5.00. The average price target represents a 7.53% upside from the last price of $6.20.
Current Consensus is
Buy
The current consensus among 3 investment analysts is to buy stock in RumbleOn. This rating has held steady since August 2023, when it changed from a Moderate Buy consensus rating.
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. It also offers parts, apparel, accessories, finance and insurance products and services, and aftermarket products, as well as repair and maintenance services. The Vehicle Transportation Services segment provides asset-light transportation brokerage services facilitating automobile transportation. The company was formerly known as Smart Server, Inc. and changed its name to RumbleOn, Inc. in February 2017. The company was incorporated in 2013 and is based in Irving, Texas.
Read More