Rumble Inc. released its first-quarter real-time earnings after Thursday’s market close, revealing an expected loss per share of $0.06 alongside projected revenue of $34.83 million. This marks a significant improvement over the prior quarter’s $27.07 million in sales.
Key Growth Drivers
Analysts attribute the rebound to surging political content views, new user sign-ups, and the expansion of Rumble Shorts. The platform, based in Longboat Key, Florida, now anticipates quarterly revenue growth of 28.6% and full-year sales up 46.9% from the previous period.
Analyst Optimism Fuels Stock Surge
Two prominent analysts upgraded their ratings to “buy,” lifting the average price target to $22 from $8.32—a 164% increase. The stock has doubled from its 52-week low of $4.62, though it remains below the high of $10.99.
Investors remain cautious following recent real-time releases that missed estimates. However, early March results exceeded forecasts, with an EPS of -$0.08 beating consensus of -$0.13 and revenue of $27.07 million nearly matching the $29 million expectation.
Strategic Expansions Boost Outlook
Rumble projects annual revenue exceeding $100 million in 2025, outpacing Twitter’s former quarterly figures. Monthly active users reached 52 million last year, though miner revenue dipped 6.72%.
Video platform growth now extends beyond politics, supporting diversified revenue streams. Rumble also advances AI infrastructure through a joint venture with Northern Data, acquiring an 81.3% stake and deploying 22,400 Nvidia GPUs by mid-2026. This enhances video platform operations and high-performance computing.
Rumble Shorts, the TikTok-style short-form feature, drives major user engagement. While adoption accelerates, sustained growth depends on user expansion and monetization gains.
Thursday’s release highlights core revenue from sign-ups, hiring, and user growth, offering analysts momentum for upward revisions. Video platforms like Rumble hold greater long-term potential than politics alone, free from content restrictions.
