Golden Matrix Group, Inc. (GMGI)
NASDAQ: GMGI · IEX Real-Time Price · USD
3.800
-0.130 (-3.31%)
At close: Apr 24, 2024, 4:00 PM
3.920
+0.120 (3.16%)
After-hours: Apr 24, 2024, 7:56 PM EDT
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 5.26% from the current stock price of 3.80.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 11, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for GMGI 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +5.26% | Sep 11, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +5.26% | Aug 14, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +5.26% | Jul 18, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +5.26% | Jun 15, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +5.26% | Mar 17, 2023 |
Financial Forecast
Revenue This Year
49.16M
from 44.17M
Increased by 11.30%
Revenue Next Year
n/a
from 49.16M
EPS This Year
0.11
from -0.03
EPS Next Year
n/a
from 0.11
Revenue Forecast
| Revenue | 2024 |
|---|---|
| High | 50.6M |
| Avg | 49.2M |
| Low | 47.2M |
Revenue Growth
| Revenue Growth | 2024 |
|---|---|
| High | 14.6% |
| Avg | 11.3% |
| Low | 6.9% |
EPS Forecast
| EPS | 2024 |
|---|---|
| High | 0.12 |
| Avg | 0.11 |
| Low | 0.11 |
EPS Growth
| EPS Growth | 2024 |
|---|---|
| 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.