Algorhythm (RIME) Expected to Post Quarterly Earnings on Tuesday

Algorhythm (NASDAQ:RIME) will likely be posting its Q2 2026 results before the market opens on Tuesday, August 18th. Analysts expect the company to announce earnings of ($0.36) per share and revenue of $3.00 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 19, 2026 at 10:00 AM ET.

Algorhythm (NASDAQ:RIME) last announced its earnings results on Thursday, May 14th. The company reported ($0.52) EPS for the quarter, topping the consensus estimate of ($0.73) by $0.21. The business had revenue of $2.40 million for the quarter, compared to the consensus estimate of $2.00 million. On average, analysts expect Algorhythm to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Algorhythm Trading Down 0.7%

NASDAQ RIME opened at $0.42 on Tuesday. Algorhythm has a 1-year low of $0.39 and a 1-year high of $4.58. The company has a 50 day moving average of $0.56 and a 200-day moving average of $0.99. The company has a market cap of $6.53 million, a price-to-earnings ratio of -0.29 and a beta of -0.23.

Analysts Set New Price Targets

RIME has been the topic of a number of analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Algorhythm in a research report on Wednesday, May 20th. Wall Street Zen raised Algorhythm from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

About Algorhythm

Algorhythm Holdings, Inc, together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware.