Golden Matrix Group, Inc. (GMGI)
NASDAQ: GMGI · Real-Time Price · USD
1.920
+0.030 (1.59%)
May 2, 2025, 4:00 PM EDT - Market closed

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 108.33% from the current stock price of 1.92.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.00 $4.00 $4.00 $4.00
Change +108.33% +108.33% +108.33% +108.33%
* 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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Maxim Group
Maxim Group
Strong Buy
Initiates
$4
Strong Buy Initiates $4 +108.33% Feb 21, 2025
EF Hutton
EF Hutton
Strong Buy
Reiterates
$4
Strong Buy Reiterates $4 +108.33% Sep 11, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$4
Strong Buy Reiterates $4 +108.33% Aug 14, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$4
Strong Buy Reiterates $4 +108.33% Jul 18, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$4
Strong Buy Reiterates $4 +108.33% Jun 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
203.24M
from 151.12M
Increased by 34.49%
Revenue Next Year
229.50M
from 203.24M
Increased by 12.92%
EPS This Year
0.04
from -0.01
EPS Next Year
0.06
from 0.04
Increased by 38.47%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
60.37M74.93M92.99M151.12M203.24M229.50M275.40M
Revenue Growth
-24.12%24.11%62.50%34.49%12.92%20.00%
EPS
--0.16-0.010.040.060.11
EPS Growth
-----38.47%83.33%
Forward PE
----43.4431.3717.11
No. Analysts
----533
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 218.9M 236.3M 283.5M
Avg 203.2M 229.5M 275.4M
Low 186.2M 220.5M 264.6M

Revenue Growth

Revenue Growth 202520262027
High
44.9%
16.2%
23.5%
Avg
34.5%
12.9%
20.0%
Low
23.2%
8.5%
15.3%

EPS Forecast

EPS 202520262027
High 0.06 0.06 0.12
Avg 0.04 0.06 0.11
Low 0.01 0.06 0.11

EPS Growth

EPS Growth 202520262027
High -
42.5%
88.7%
Avg -
38.5%
83.3%
Low -
33.0%
76.1%
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.