GDEV Inc. Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for GDEV Inc. stock has a target of 70, which predicts an increase of 223.62% from the current stock price of 21.63.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$70	$70	$70	$70
Change	+223.62%	+223.62%	+223.62%	+223.62%

* Price targets were last updated on Sep 17, 2024.

Analyst Ratings

The average analyst rating for GDEV Inc. stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0
Buy	1	1	1	1
Hold	1	1	1	1
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Kupinski Noble Capital Markets	Noble Capital Markets	Buy Maintains $60 → $70	Buy	Maintains	$60 → $70	+223.62%	Sep 17, 2024
Michael Kupinski Noble Capital Markets	Noble Capital Markets	Buy Initiates $60	Buy	Initiates	$60	+177.39%	Aug 12, 2024
Martin Yang Oppenheimer	Oppenheimer	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

422.28M

from 464.55M

-9.10%

from 464.55M

Revenue Next Year

460.33M

from 422.28M

9.01%

from 422.28M

EPS This Year

1.05

from 2.30

-54.54%

from 2.30

EPS Next Year

1.83

from 1.05

74.63%

from 1.05

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	93.81M	260.89M	434.09M	479.69M	464.55M	422.28M	460.33M	512.04M
Revenue Growth	-	178.10%	66.39%	10.50%	-3.16%	-9.10%	9.01%	11.23%
EPS	-2.01	-0.04	-6.40	0.37	2.30	1.05	1.83	1.75
EPS Growth	-	-	-	-	523.49%	-54.54%	74.63%	-3.91%
Forward PE	-	-	-	-	-	20.69	11.85	12.33
No. Analysts	-	-	-	-	-	5	5	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	445.6M	482.0M	527.1M
Avg	422.3M	460.3M	512.0M
Low	395.5M	434.7M	492.0M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-4.1%	14.1%	14.5%
Avg	-9.1%	9.0%	11.2%
Low	-14.9%	2.9%	6.9%

EPS Forecast

EPS	2024	2025	2026
High	1.55	2.11	1.81
Avg	1.05	1.83	1.75
Low	0.56	1.54	1.69

EPS Growth

EPS Growth	2024	2025	2026
High	-32.4%	101.9%	-1.1%
Avg	-54.5%	74.6%	-3.9%
Low	-75.7%	47.2%	-7.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.