Motorsport Games Inc. (MSGM)
NASDAQ: MSGM · Real-Time Price · USD
1.289
+0.059 (4.81%)
Nov 7, 2024, 3:28 PM EST - Market open
Motorsport Games Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Motorsport Games stock has a target of 5.00, which predicts an increase of 287.84% from the current stock price of 1.29.
Analyst Consensus: Hold
* Price targets were last updated on Jul 11, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for MSGM is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $5 | Hold | Maintains | $5 | +287.84% | Jul 11, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 1, 2023 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $20 | Strong Buy → Hold | Downgrades | $20 | +1,451.35% | Mar 31, 2022 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 31, 2022 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy → Hold Downgrades $120 → $50 | Strong Buy → Hold | Downgrades | $120 → $50 | +3,778.37% | Mar 31, 2022 |
Financial Forecast
Revenue This Year
8.50M
from 6.91M
Increased by 23.00%
Revenue Next Year
14.69M
from 8.50M
Increased by 72.82%
EPS This Year
-1.04
from -5.06
EPS Next Year
-1.79
from -1.04
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.6M | 15.1M | 19.7M | |
| Avg | 8.5M | 14.7M | 19.2M | |
| Low | 6.4M | 14.1M | 18.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 53.5% | 77.9% | 34.4% | |
| Avg | 23.0% | 72.8% | 30.6% | |
| Low | -6.9% | 66.0% | 25.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.07 | -1.84 | -0.97 |
| Avg | -1.04 | -1.79 | -0.94 |
| Low | -1.00 | -1.71 | -0.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.