Rumble Inc.Company issues Q3 revenue guidance including Quake AI, but stock trades at high P/S ratio with valuation risk.

RUM Group has issued third quarter 2026 revenue guidance of US$87 million to US$93 million, marking the first full quarter to include its new Quake AI business. The guidance follows second quarter 2026 results reported on August 10 and comes amid a 21.59% share price decline over the past 90 days and a 23.52% drop in total shareholder return over one year. A popular narrative on the platform Simply Wall St suggests the stock could be 72% undervalued, with a fair value estimate of $22 per share compared to a last close of $6.21, based on expectations of rapid revenue growth and a swing to profitability. However, the stock currently trades at a price-to-sales ratio of 24.2 times, well above the US Interactive Media and Services industry average near 1 times and a fair ratio of 6 times, pointing to valuation risk if expectations reset.
Rumble Inc.Company issues Q3 revenue guidance including Quake AI, but stock trades at high P/S ratio with valuation risk.
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