What is the price target for MGAM stock?
7 analysts have analysed MGAM and the average price target is 1.02 USD. This implies a price increase of 802.65% is expected in the next year compared to the current price of 0.113.
MOBILE GLOBAL ESPORTS INC (MGAM) Forecast, Price Target & Analyst Ratings
NASDAQ:MGAM • US6073711011
Current stock price
0.113 USD
0 (-1.74%)
At close:
0.085 USD
-0.03 (-24.78%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MOBILE GLOBAL ESPORTS INC (MGAM).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- N/A
- Period
- Q4 / 2023
- EPS Estimate
- -$0.05
- Revenue Estimate
- 204K
Price Target Details & History
Consensus Price Target and Range
Mean target
$1.02
Upside
+ 802.65%
From current price of $0.11 to mean target of $1.02, Based on 7 analyst forecasts
Low
$1.01
Median
$1.02
High
$1.05
Price Target Revisions
1 Month
0.00%
3 Months
-33.33%
Price Target Summary
7 Wall Street analysts provided a forecast for the next 12 months for MGAM. The average price target is 1.02 USD. This implies a price increase of 802.65% is expected in the next year compared to the current price of 0.113.
The average price target has been revised downward by 33.33% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
MGAM was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about MGAM.
In the previous month the buy percentage consensus was at a similar level.
MGAM was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-04-16 | Maxim Group | Downgrade | Buy -> Hold |
| 2022-12-21 | Maxim Group | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- N/A
- Period
- Q4 / 2023
- EPS Estimate
- -$0.05
- Revenue Estimate
- 204K
- Revenue Q2Q
- N/A
- EPS Q2Q
- -27.50%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates 2023 - 2030
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | N/A | N/A 900.00% | N/A 180.00% | N/A 50.00% | N/A 45.24% | N/A 34.75% | N/A 25.06% | N/A 20.04% | |||
| EBITDA YoY % growth | N/A | -1.29M | N/A -200.47% | N/A -5.26% | N/A -27.50% | N/A 103.92% | N/A 950.00% | N/A 57.14% | N/A 63.64% | N/A 77.78% | |
| EBIT YoY % growth | -260K | -1.29M -396.15% | N/A -247.91% | N/A -18.18% | N/A -21.15% | N/A 66.67% | N/A 71.43% | N/A 233.33% | N/A 225.00% | N/A 138.46% | |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| EPS YoY % growth | N/A | N/A | N/A -200.00% | N/A -14.29% | N/A 75.00% | N/A | N/A | N/A | N/A | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | |
|---|---|---|---|
| EPS Q2Q % growth | -0.05 -27.50% | -0.08 -104.00% | -0.08 -14.29% |
| Revenue Q2Q % growth | 204K | ||
| EBITDA Q2Q % growth | -816K -10.27% | -1.734M -111.46% | -1.734M -88.48% |
| EBIT Q2Q % growth | -1.02M -37.84% | -1.734M -111.46% | -1.734M -88.48% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
4.55%
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
-61.98%
EBIT Next 5 Year
30.26%
MOBILE GLOBAL ESPORTS INC / MGAM Forecast FAQ
What are the consensus estimates for MOBILE GLOBAL ESPORTS INC (MGAM) next earnings?
The consensus EPS estimate for the next earnings of MOBILE GLOBAL ESPORTS INC (MGAM) is -0.05 USD and the consensus revenue estimate is 204.00K USD.
Can you provide the analyst count for MOBILE GLOBAL ESPORTS INC stock?
The number of analysts covering MOBILE GLOBAL ESPORTS INC (MGAM) is 7.