Analyst Price Target is $59.40
▲ +52.86% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for RumbleON in the last 3 months. The average price target is $59.40, with a high forecast of $70.00 and a low forecast of $42.00. The average price target represents a 52.86% upside from the last price of $38.86.
Current Consensus is
The current consensus among 5 polled investment analysts is to buy stock in RumbleON. This Buy consensus rating has held steady for over two years.
RumbleOn, Inc. engages in the provision of motor vehicle dealer and e-commerce platform. It operates through the following segments: Powersports; Automotive; and Vehicle Logistics and Transportation. The Powersports segment distributes pre-owned motorcycles and powersports vehicles. The Automotive segment focuses on the distribution of pre-owned cars and trucks. The Vehicle Logistics and Transportation segment offers nationwide automotive transportation services between dealerships and auctions. The company was founded by Matthew A. Lane, Marshall Chesrown, and Steven Richard Berrard on October 24, 2013 and is headquartered in Irving, TX.