GROM SOCIAL ENTERPRISES INC (GROM) Forecast, Price Target & Analyst Ratings

NASDAQ:GROM • US39878L5066

0.14 USD
0 (-0.14%)
At close: Aug 16, 2024
0.1315 USD
-0.01 (-6.07%)
After Hours: 8/16/2024, 8:00:02 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for GROM SOCIAL ENTERPRISES INC (GROM).

Forecast Snapshot

Consensus Price Target

Price Target
$12.24
+ 8,642.86% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateNov 18, 2024
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.86%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$12.24
Upside
+ 8,642.86%
From current price of $0.14 to mean target of $12.24, Based on 7 analyst forecasts
Low
$12.12
Median
$12.24
High
$12.60

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for GROM. The average price target is 12.24 USD. This implies a price increase of 8642.86% is expected in the next year compared to the current price of 0.14.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

GROM Current Analyst RatingGROM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

GROM Historical Analyst RatingsGROM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
82.86%
GROM was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about GROM.
In the previous month the buy percentage consensus was at a similar level.
GROM was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-05-18EF HuttonMaintains Buy -> Buy
2023-04-18EF HuttonMaintains Buy
2022-11-11EF HuttonMaintains Buy
2022-07-26EF HuttonMaintains Buy
2022-01-13EF HuttonInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release DateNov 18, 2024

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024
Revenue
YoY % growth
GROM revenue by date.GROM revenue by date.
6.3M
2.27%
5.43M
-13.81%
4.041M
-25.58%
6.784M
67.88%
EBITDA
YoY % growth
GROM ebitda by date.GROM ebitda by date.
-5.68M
-177.07%
-6.74M
-18.66%
-7.742M
-14.87%
-6.162M
20.41%
EBIT
YoY % growth
GROM ebit by date.GROM ebit by date.
-6.49M
-123.79%
-7.33M
-12.94%
-8.443M
-15.18%
-6.786M
19.62%
Operating Margin
GROM operating margin by date.GROM operating margin by date.
-103.02%-134.99%-208.92%-100.03%
EPS
YoY % growth
GROM eps by date.GROM eps by date.
N/A-530.00
25.09%
N/A
95.46%
-11.42
52.54%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

GROM Yearly Revenue VS EstimatesGROM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M
GROM Yearly EPS VS EstimatesGROM Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 -200 -400 -600

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

GROM SOCIAL ENTERPRISES INC / GROM Forecast FAQ

Can you provide the average price target for GROM SOCIAL ENTERPRISES INC stock?

7 analysts have analysed GROM and the average price target is 12.24 USD. This implies a price increase of 8642.86% is expected in the next year compared to the current price of 0.14.


When does GROM SOCIAL ENTERPRISES INC (GROM) report earnings?

GROM SOCIAL ENTERPRISES INC (GROM) will report earnings on 2024-11-18, after the market close.


What is the consensus rating for GROM SOCIAL ENTERPRISES INC (GROM) stock?

The consensus rating for GROM SOCIAL ENTERPRISES INC (GROM) is 82.8571 / 100 . This indicates that analysts generally have a positive outlook on the stock.