RIME

Algorhythm Holdings, Inc. Common Stock

2.41 USD
-0.01
0.41%
At close Jul 11, 4:00 PM EDT
After hours
2.41
+0.00
0.00%
1 day
-0.41%
5 days
-3.60%
1 month
-22.26%
3 months
1.26%
6 months
-88.01%
Year to date
-87.58%
1 year
-98.80%
5 years
-99.56%
10 years
-99.56%
 

About: Algorhythm Holdings Inc is an AI technology and consumer electronics holding company with two primary business units - SemiCab and Singing Machine. SemiCab is an artificial intelligence (AI) enabled software logistics business operated through its subsidiary, SemiCab Holdings, LLC. Singing Machine is a home karaoke consumer products business that designs and distributes karaoke products globally to retailers and eCommerce partners through its subsidiary, The Singing Machine Company, Inc. It generates the majority of its revenue from the Singing Machine business segment.

Employees: 25

0
Funds holding %
of 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

814% more capital invested

Capital invested by funds: $36.6K [Q4 2024] → $334K (+$298K) [Q1 2025]

6.3% more ownership

Funds ownership: 0.44% [Q4 2024] → 6.74% (+6.3%) [Q1 2025]

50% less funds holding

Funds holding: 14 [Q4 2024] → 7 (-7) [Q1 2025]

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

60% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 10

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$5
107%
upside
Avg. target
$5
107%
upside
High target
$5
107%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Litchfield Hills
Theodore O'Neill
107%upside
$5
Buy
Initiated
4 Jun 2025

Financial journalist opinion

Neutral
GlobeNewsWire
1 month ago
$2 Billion Revenue CPG Company Awards SemiCab India New Pilot to Implement Drop & Hook Trucking Model
Company Announces Geographic Expansion of Lanes and Pilot of Drop & Hook Program in Indian FMCG Sector for the First Time Fort Lauderdale, FL, June 04, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has been awarded a large expansion to its Master Services Agreement with the Indian subsidiary of the world's third largest consumer packaged goods (“CPG”) manufacturer with over $84 billion in annual revenues. Under the first phase of the expanded services agreement, SemiCab India will provide managed transportation services to the CPG company on more than 40 heavily populated lanes throughout India, representing a 200% increase in lanes currently serviced.
$2 Billion Revenue CPG Company Awards SemiCab India New Pilot to Implement Drop & Hook Trucking Model
Neutral
GlobeNewsWire
1 month ago
SemiCab Secures Four New Contract Wins and Four Contract Expansions, Accelerating Revenue Outlook
Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has recently signed four new pilot agreements and four contract expansions with eight enterprise-scale customers in India.
SemiCab Secures Four New Contract Wins and Four Contract Expansions, Accelerating Revenue Outlook
Neutral
GlobeNewsWire
1 month ago
Algorhythm Holdings Appoints Ajesh Kapoor to its Board of Directors
Mr. Kapoor Brings more than 30 Years of Supply-Chain,Logistics Technology and Go-To-Market Leadership to the Board Fort Lauderdale, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced the appointment of Ajesh Kapoor to its board of directors effective May 19, 2025. Mr. Kapoor brings more than 30 years of logistics and supply chain technology innovation and leadership to the Company's Board.
Algorhythm Holdings Appoints Ajesh Kapoor to its Board of Directors
Neutral
Seeking Alpha
1 month ago
Algorhythm Holdings, Inc. (RIME) Q1 2025 Earnings Call Transcript
Algorhythm Holdings, Inc. (NASDAQ:RIME ) Q1 2025 Earnings Conference Call May 16, 2025 10:00 AM ET Company Participants Gary Atkinson – Chief Executive Officer Alex Andre – Chief Financial Officer and General Counsel Conference Call Participants Ed Woo – Ascendiant Capital Operator Good day, everyone, and welcome to Algorhythm Holdings First Quarter 2025 Financial Results Earnings Call. My name is Paul, and I will be your operator.
Algorhythm Holdings, Inc. (RIME) Q1 2025 Earnings Call Transcript
Neutral
GlobeNewsWire
1 month ago
Algorhythm Holdings Reports First Quarter 2025 Financial Results
Fort Lauderdale, FL, May 16, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today its results of operations for the three-month period ended March 31, 2025.
Algorhythm Holdings Reports First Quarter 2025 Financial Results
Neutral
GlobeNewsWire
1 month ago
Algorhythm Holdings Announces Major Fleet Expansion for SemiCab India
SemiCab India Adds Additional Truck Capacity with Expansion to Generate Up to $23 Million in Annual Revenue Fort Lauderdale, FL, May 13, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today provided an operational update for its SemiCab AI logistics and distribution business (“SemiCab”). SMCB Solutions Private Limited (“SemiCab India”), Algorhythm's subsidiary that operates SemiCab's cloud-based Collaborative Transportation Platform in the Indian market, entered into a series of freight services agreements with several full truckload (FTL) carriers during Q1 2025.
Algorhythm Holdings Announces Major Fleet Expansion for SemiCab India
Neutral
GlobeNewsWire
3 months ago
Algorhythm Holdings to Participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 on March 25-26, 2025
Fort Lauderdale, FL, March 24, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its management will be participating in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 on March 25 and 26, 2025. Representing the company, Gary Atkinson, Company CEO, will deliver a company presentation at 3:00PM ET on March 25, followed by one-on-one meetings with investors on March 26.
Algorhythm Holdings to Participate in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 on March 25-26, 2025
Neutral
GlobeNewsWire
5 months ago
Company Clears All Outstanding Cashless Warrants from December Capital Raise
Investors From December $9.5 Million Public Offering Exercise All Outstanding Series B Warrants Fort Lauderdale, FL, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that all outstanding Series B cashless warrants have been fully exercised. These warrants were issued in connection with a public offering that closed on December 4, 2024.
Company Clears All Outstanding Cashless Warrants from December Capital Raise
Neutral
GlobeNewsWire
6 months ago
Algorhythm Holdings Announces a Pause on Capital Raising Activities
Fort Lauderdale, FL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced it will pause new capital raising activities for the next six months. In light of the Company's current cash position, combined with a comprehensive assessment of the current market environment and our business operations, our management team has decided to suspend seeking out any new financing plans for the next six months. During this period, the Company will not seek new investments including transactions like an “At-the-Market” (ATM) offering or usage of the Company's Shelf registration statement.
Algorhythm Holdings Announces a Pause on Capital Raising Activities
Neutral
GlobeNewsWire
6 months ago
Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME)
New York, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”) of approximately $2 million for its client Algorhythm Holdings, Inc. (NASDAQ: RIME) (the “Company”), an AI-driven technology and consumer electronics holding company.
Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME)
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