Golden Matrix Group, Inc. (GMGI)

Golden Matrix Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Golden Matrix Group stock has a target of 4.00, which predicts an increase of 96.08% from the current stock price of 2.04.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$4.00	$4.00	$4.00	$4.00
Change	+96.08%	+96.08%	+96.08%	+96.08%

* Price targets were last updated on Feb 21, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for Golden Matrix Group is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jack Vander Aarde Maxim Group	Maxim Group	Strong Buy Initiates $4	Strong Buy	Initiates	$4	+96.08%	Feb 21, 2025
Michael Albanese EF Hutton	EF Hutton	Strong Buy Reiterates $4	Strong Buy	Reiterates	$4	+96.08%	Sep 11, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy Reiterates $4	Strong Buy	Reiterates	$4	+96.08%	Aug 14, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy Reiterates $4	Strong Buy	Reiterates	$4	+96.08%	Jul 18, 2023
Michael Albanese EF Hutton	EF Hutton	Strong Buy Reiterates $4	Strong Buy	Reiterates	$4	+96.08%	Jun 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

206.55M

Increased by 36.68%

from 151.12M

Revenue Next Year

n/a

from 206.55M

EPS This Year

0.08

from -0.01

EPS Next Year

n/a

from 0.08

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	60.37M	74.93M	92.99M	151.12M	206.55M
Revenue Growth	-	24.12%	24.11%	62.50%	36.68%
EPS	-	-	0.16	-0.01	0.08
EPS Growth	-	-	-	-	-
Forward PE	-	-	-	-	25.00
No. Analysts	-	-	-	-	3

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

Revenue Forecast

Revenue	2025
High	212.6M
Avg	206.6M
Low	198.5M

Revenue Growth

Revenue Growth	2025
High	40.7%
Avg	36.7%
Low	31.3%

EPS Forecast

EPS	2025
High	0.08
Avg	0.08
Low	0.08

EPS Growth

EPS Growth	2025
High	-
Avg	-
Low	-

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.