Will 2025 Be the Year for Rumble Stock?

As the video platform landscape evolves, one name stands out: Rumble. With its unique positioning as an alternative to traditional platforms with stricter content policies, Rumble has seen significant user growth, particularly around political events. However, its stock performance has been volatile, leaving investors wondering if 2025 will be the year for Rumble stock. Let's delve into the current state of Rumble's stock, future predictions, and whether it's a good buy for the long term.

Current Overview of Rumble Stock

Rumble Inc. (RUM) has a market capitalization of approximately $1.52 billion and is currently trading at $5.37 per share. Despite hitting milestones such as breaking records for concurrent viewers during the recent U.S. presidential debate, Rumble's stock has been under pressure. The stock has dropped by more than 11% over the past month and is trading below its 50-day moving average of $6.04.

One key driver of the company’s performance is its association with political events and figures. For example, Rumble’s stock tends to correlate with U.S. political events, particularly those involving figures such as former President Donald Trump. The stock experienced a decline following the debate between Trump and Vice President Kamala Harris, even as Rumble set records for live viewers during the event.

Another concern for investors is the company's ability to diversify its user base and revenue streams beyond its political roots. As Rumble continues to grow, it must demonstrate its capacity to attract and retain users with diverse interests and content preferences.

Rumble Stock Price Prediction for 2024

According to a report by Finnhub, Rumble is forecast to grow earnings and revenue by 41.5% and 22.5% per annum, respectively, while EPS is expected to grow by 42.3% per annum. This suggests that Rumble's user growth and engagement trends are likely to remain strong, driving its stock performance in 2025.

However, political events and figures are likely to continue influencing Rumble's stock performance. The extent of this impact will depend on the company's ability to diversify its user base and revenue streams. If Rumble can successfully expand beyond its political roots, it may mitigate the volatility associated with political events.

Is Rumble Stock a Good Buy for the Long Term?

Rumble's stock performance has been volatile, with its association with political figures and events playing a significant role. While political events can drive short-term stock movements, they may not necessarily reflect the company's long-term fundamentals. To determine if Rumble stock is a good buy for the long term, investors should consider the company's ability to diversify its user base and revenue streams, as well as its potential for growth in user engagement and earnings.

In conclusion, 2025 could be the year for Rumble stock, depending on the company's ability to diversify its user base and revenue streams. With strong user growth and engagement trends forecasted, investors should keep a close eye on Rumble's progress and consider its long-term potential.