Algorhythm, under the ticker RIME, has expanded its board of directors by appointing Ajesh Kapoor, effective May 19, 2025. Kapoor brings over three decades of expertise in logistics and supply chain technology innovation. Throughout his career, he has developed and implemented cutting-edge logistics solutions for numerous prominent international firms, enhancing their operational efficiency.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Algorhythm Holdings Inc (RIME, Financial) is $4.00 with a high estimate of $4.00 and a low estimate of $4.00. The average target implies an upside of 54.44% from the current price of $2.59. More detailed estimate data can be found on the Algorhythm Holdings Inc (RIME) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Algorhythm Holdings Inc's (RIME, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Algorhythm Holdings Inc (RIME, Financial) in one year is $38.82, suggesting a upside of 1398.84% from the current price of $2.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Algorhythm Holdings Inc (RIME) Summary page.
