Algorhythm (NASDAQ:RIME) Upgraded to Sell at Wall Street Zen

Algorhythm (NASDAQ:RIME) was upgraded by equities research analysts at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday.

Separately, Zacks Research raised shares of Algorhythm to a “hold” rating in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $5.00.

Algorhythm Trading Up 189.9%

RIME opened at $3.13 on Friday. Algorhythm has a 52 week low of $0.73 and a 52 week high of $3.65. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 2.50. The business has a fifty day simple moving average of $1.17 and a 200-day simple moving average of $1.80. The firm has a market cap of $8.52 million, a P/E ratio of -0.56 and a beta of -0.17.

Algorhythm (NASDAQ:RIME) last posted its quarterly earnings data on Wednesday, November 19th. The company reported ($0.72) earnings per share (EPS) for the quarter. The company had revenue of $1.74 million during the quarter.

Key Stories Impacting Algorhythm

Here are the key news stories impacting Algorhythm this week:

• Positive Sentiment: SemiCab white paper / press release: Algorhythm released a white paper and press release showing SemiCab achieves 300%–400% productivity gains (operators managing >2,000 loads/year vs. ~500), lower cost-per-load and claims the technology enables scalable, asset-light growth — a clear product-led growth narrative that could support future revenue and SaaS expansion. SemiCab White Paper / GlobeNewswire
• Positive Sentiment: Broader media coverage is amplifying investor attention: multiple outlets (MSN and others) ran pieces explaining why RIME is “popping” and trending overnight, which likely attracted retail traders and contributed to the volume spike. MSN — Algorhythm Stock Is Popping MSN — Trending Overnight
• Neutral Sentiment: Trading halts / LULD pauses were recorded on Feb. 12 (multiple intraday LULD pauses). Those are technical volatility controls — they signal rapid intraday moves but do not by themselves change fundamentals.
• Neutral Sentiment: Short-interest reports in the feeds show a “large increase” but the underlying numbers are reported as 0/NaN and appear unreliable — don’t treat those specific entries as verified evidence of a short squeeze or heavy shorting pressure.
• Neutral Sentiment: Third-party summaries (Quiver/press aggregators) republished the SemiCab claims and flagged some institutional trading changes; useful for sentiment tracking but partly derived from the company release. Quiver Quant Summary
• Negative Sentiment: Market skepticism / contagion risk: Seeking Alpha reports that some logistics stocks were “spooked” by a penny‑stock AI pitch, suggesting skepticism in the sector that could pressure RIME if investors question the robustness of the claims or confuse it with lower‑quality peers. Seeking Alpha — Sector Skepticism

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.