RumbleONNASDAQ: RMBL

The average price target suggests a potential 61.3% increase for RumbleON (RMBL). Although studies have shown this metric may not always be accurate, an increase in earnings estimates could indicate a positive future for the stock.

RumbleOn plans to offer new features and a new corporate website in 2023 to improve customer experience and FCF growth. In my view, the new corporate website and new features will most likely accelerate transaction closings, which may also have a beneficial impact on net sales growth. I would expect that pricing strategies and economies of scale may also enhance future FCF margins.

RumbleON, Inc. (NASDAQ:RMBL ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Will Newell – Head-Investor Relations Mark Tkach – Interim Chief Executive Officer Steve Pully – Executive Chairman Blake Lawson – Chief Financial Officer Conference Call Participants Eric Wold – B. Riley Securities Craig Kennison – Baird Michael Baker – D.A.

RumbleON, Inc. (RMBL) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $1.20 per share a year ago.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, RumbleON, Inc. (RMBL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

RumbleON, Inc. (RMBL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

RumbleON Inc (MCE:RMBL) stock fell sharply in Friday pre-market trading after CEO Marshall Chesrown resigned with immediate effect amid an investigation into allegations against him.  The motorcycle dealer and eCommerce platform said in an 8-K filing to the US Securities and Exchange Commission (SEC) on Thursday that before his departure the company was advised of certain allegations surrounding Chesrown's use of company resources.

Shares of RumbleOn Inc. RMBL, -7.66% dropped 7.3% toward an eighth-straight loss in premarket trading Friday, after the motor vehicle dealer and ecommerce platform disclosed it was investigating its former Chief Executive Officer Marshall Chesrown. The company said in an 8-K filing with the Securities and Exchange Commission late Thursday that co-Founder Chesrown said on June 11 he was resigning effective June 15, after about seven years in the CEO role, but continue to serve on the company's board of directors.

RumbleON, Inc. (RMBL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.