Rumble Inc. shares reached a new 52-week high of $10.54 on Tuesday, extending a recent rally that has lifted the stock 15.6% over the past week. The video platform operator’s gains have accelerated this year, with a 48.1% increase year-to-date and a 62.5% advance over the past six months.
The stock’s advance follows the release of second-quarter 2026 results, which exceeded revenue expectations despite wider-than-projected losses. Rumble reported revenue of $40.36 million, up 61% from the same period last year and surpassing Wall Street’s forecast of $34.93 million. Earnings per share came in at a loss of $0.28, compared with a projected loss of $0.09.
Analysts at InvestingPro noted that while the stock may appear overvalued at current levels, they expect the company to achieve profitability this year—a shift that has drawn investor attention. The video platform has also secured a major long-term contract to support its infrastructure expansion. A six-year, $13.7 billion GPU services agreement with a U.S.-based cloud customer will be delivered in three tranches, with the final phase contingent on the customer’s approval of the delivery schedule. The agreement will utilize RUM Group’s Maysville, Georgia site, currently under development.
Shares have gained momentum amid broader interest in video-sharing platforms and AI-driven content delivery, though the company continues to operate at a loss despite revenue growth.
