Grom Social Enterprises, Inc. (GROM)
NASDAQ: GROM · IEX Real-Time Price · USD
0.681
-0.001 (-0.16%)
At close: Apr 19, 2024, 10:19 AM
0.655
-0.025 (-3.75%)
After-hours: Apr 19, 2024, 4:00 PM EDT
Grom Social Enterprises Stock Forecast
GROM's stock price has decreased by -94.67% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for GROM stock has a target of 12, which predicts an increase of 1,663.41% from the current stock price of 0.68.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jul 10, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for GROM 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 Initiates $12 | Strong Buy | Initiates | $12 | +1,663.41% | Jul 10, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $20 → $12 | Strong Buy | Maintains | $20 → $12 | +1,663.41% | May 18, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $30 → $20 | Strong Buy | Maintains | $30 → $20 | +2,839.02% | Apr 18, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $1,200 → $900 | Strong Buy | Maintains | $1,200 → $900 | +132,155.69% | Nov 11, 2022 |
| EF Hutton | EF Hutton | Strong Buy Maintains $3,000 → $1,200 | Strong Buy | Maintains | $3,000 → $1,200 | +176,240.93% | Jul 26, 2022 |
Financial Forecast
Revenue This Year
5.55M
from 5.43M
Increased by 2.35%
Revenue Next Year
6.78M
from 5.55M
Increased by 22.15%
EPS This Year
-24.07
from -463.40
EPS Next Year
-11.42
from -24.07
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 5.7M | 7.0M |
| Avg | 5.6M | 6.8M |
| Low | 5.3M | 6.5M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | 5.4% | 25.7% |
| Avg | 2.3% | 22.1% |
| Low | -1.7% | 17.4% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -24.78 | -11.76 |
| Avg | -24.07 | -11.42 |
| Low | -23.13 | -10.98 |
EPS Growth
| EPS Growth | 2023 | 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.