{
  "id": 10780646,
  "title": "Texas Capital initiates Rumble stock with buy on AI shift",
  "url": "https://urgent.news/2026/09/29/texas-capital-initiates-rumble-stock-with-buy-on-ai-shift",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-29T20:54:49.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/texas-capital-initiates-rumble-stock-with-buy-on-ai-shift-93CH-4923581"
  },
  "original_language": "en",
  "account": "Texas Capital Securities has begun covering Rumble, Inc. (NASDAQ:RUM), assigning a Buy rating and setting a price target of $15.00 per share. This marks a substantial 95% increase from the stock's current valuation of $7.72, although the shares have experienced an 11.5% decline over the last week. According to InvestingPro's analysis, the stock appears to be undervalued at its present level. Rumble is reportedly transitioning from a video platform into an AI infrastructure and services provider, integrating Quake AI's compute platform and power estate with its exclusive creator ecosystem and proprietary content. The firm highlighted the significance of Rumble's six-year, $13.7 billion AI services agreement, which is reportedly with Anthropic based on press reports. This agreement solidifies Quake AI's offering, enhancing revenue visibility for the company. In the past year, Rumble has reported a 13% revenue growth, and analysts predict the company will become profitable this year, with projected earnings of $0.11 per share. The company boasts approximately 70 MW of available capacity and a development pipeline exceeding 1 GW, offering additional growth opportunities. Texas Capital emphasized strong execution, Tether's strategic support, and Rumble's valuable content ecosystem for agentic AI as factors that distinguish the platform from its competitors in the neocloud sector. Recently, RUM Group announced a significant $13.7 billion GPU services agreement with an unaffiliated U.S.-based cloud customer, set to span six years and involve GPU services at RUM Group's Maysville, Georgia site currently under development. The agreement is divided into three tranches, with the third contingent upon the customer's approval of the proposed delivery date. Despite posting a loss of $0.28 per share, RUM Group reported revenue of $40.36 million in Q2 2026, surpassing the estimated $34.93 million. The earnings reflect a 61% increase from the previous year, reaching a record $40.4 million.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}