▲ +76.92% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for RumbleON in the last 3 months. The average price target is $65.00, with a high forecast of $70.00 and a low forecast of $60.00. The average price target represents a 76.92% upside from the last price of $36.74.
The current consensus among 2 investment analysts is to buy stock in RumbleON. This Buy consensus rating has held steady for over two years.
RumbleON, Inc. operates an e-commerce platform that aggregates and distributes pre-owned vehicles to and from consumers and dealers in North America. It operates in three segments: Powersports, Automotive, and Vehicle Logistics and Transportation. The Powersports segment distributes motorcycles. The Automotive segment distributes cars and trucks. The Vehicle Logistics and Transportation Service segment provides automotive transportation services primarily between dealerships and auctions. It operates a platform that facilitates the ability of all participants in the supply chain, including RumbleOn, other dealers, and consumers to buy-sell-trade-finance-transport pre-owned vehicles. The company was formerly known as Smart Server, Inc. and changed its name to RumbleON, Inc. in February 2017. RumbleON, Inc. was incorporated in 2013 and is based in Irving, Texas.