NIP Group Inc. (NIPG)

NASDAQ: NIPG · Real-Time Price · USD
6.90
-0.18 (-2.54%)
Dec 20, 2024, 4:00 PM EST - Market closed
-2.54%
Market Cap 388.04M
Revenue (ttm) 84.45M
Net Income (ttm) -73.77M
Shares Out 56.24M
EPS (ttm) -3.72
PE Ratio n/a
Forward PE 105.30
Dividend n/a
Ex-Dividend Date n/a
Volume 83,749
Open 7.10
Previous Close 7.08
Day's Range 6.76 - 7.17
52-Week Range 5.40 - 17.76
Beta n/a
Analysts Strong Buy
Price Target 12.00 (+73.91%)
Earnings Date Feb 15, 2025

About NIPG

NIP Group Inc., through its subsidiaries, operates as an esports company primarily in the People’s Republic of China, Sweden, and internationally. It operates Ninjas in Pyjamas, a PC/console esports brand; eStar Gaming, a mobile esports brand. The company also operates a portfolio of esports teams competing at various level in video game titles; and engages in talent management, event production, creative studios, and advertising businesses. In addition, it offers esports education related services to educational institutions; and licenses comp... [Read more]

Industry Entertainment
IPO Date Jul 26, 2024
Employees 253
Stock Exchange NASDAQ
Ticker Symbol NIPG
Full Company Profile

Financial Performance

In 2023, NIP Group's revenue was $83.67 million, an increase of 27.09% compared to the previous year's $65.84 million. Losses were -$57.17 million, 81.4% more than in 2022.

Financial numbers in USD Financial Statements

Analyst Forecast

According to one analyst, the rating for NIPG stock is "Strong Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(73.91% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NIP Group Enters the MOBA Game Arena with Re: Aetatis, Accelerating Growth in Digital Entertainment

SHENZHEN, China, Dec. 20, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, is breaking new ground with the introduction o...

1 day ago - GlobeNewsWire

From Anime To Abu Dhabi: Analyst Sees NIP Group Transforming Entertainment And Tech

Maxim Group analyst Jack Vander Aarde initiated coverage on NIP Group Inc. NIPG with a Buy rating and price forecast of $12.

2 days ago - Benzinga

Esports is an integral part of Macao culture, says NIP Group Chairman

Mario Ho, Chairman of NIP Group, discusses the role of esports in Macao's efforts to diversify away from the gaming sector.

3 days ago - CNBC International TV

NIP Group Expands Esports Portfolio Through Strategic Partnership with The9 Limited

Partnership to Transform MIR M into Global Esports Title WUHAN, China , Nov. 26, 2024 /PRNewswire/ -- NIP Group Inc. (NASDAQ: NIPG) ("NIP Group" or the "Company"), a leading digital entertainment comp...

Other symbols: NCTY
25 days ago - PRNewsWire

NIP Group Inc. Reports First Half 2024 Unaudited Financial Results

Net revenues from Events Production Increased by 376.5% YoY Total operating expenses reduced by 49% YoY, narrowing net loss by 59% Leveraging core competencies to create an expansive digital entertain...

26 days ago - GlobeNewsWire

NIP Group to Report Financial Results for the First Half of 2024 on November 25, 2024

WUHAN, China, Nov. 20, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced that it plans to report its finan...

4 weeks ago - GlobeNewsWire

NIP Group Signs Definitive Agreement to Acquire Young Will

Strategic acquisition strengthens NIP Group's position in talent management and expands its digital entertainment ecosystem Strategic acquisition strengthens NIP Group's position in talent management ...

2 months ago - GlobeNewsWire

NIP Group Announces Appointment of New Independent Director

SHENZHEN, China, Oct. 07, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (“NIP Group” or the “Company”), a leading digital entertainment company, today announced the appointment of Randy Hears...

2 months ago - GlobeNewsWire

eStar Gaming and Dalian Young Boy Football Club Announce Intention of Collaboration to Pioneer "The Integration of Esports and Traditional Sports"

DALIAN, China , Sept. 11, 2024 /PRNewswire/ -- China's leading esports brand, eStar Gaming, a subsidiary of NIP Group (NASDAQ: NIPG), today announced its intention to collaborate with Dalian Young Boy...

3 months ago - PRNewsWire

NIP Group's eStar FPS Division Claims 2024 WCG CrossFire Championship

JAKARTA, Indonesia , Sept. 10, 2024 /PRNewswire/ -- In a thrilling display of skill and teamwork, eStar Gaming (eStar) 's FPS division, representing the NIP Group, stormed to victory at the 2024 World...

3 months ago - PRNewsWire

NIP Group Inc. Enters Game Publishing Market, Expanding Digital Entertainment Ecosystem

Esports Powerhouse Diversifies into Game Development Industry Veteran Allen Sui to Lead New Venture SHENZHEN, China, Sept. 09, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) (the “Company” or ...

3 months ago - GlobeNewsWire

NIP Group Promotes Inclusivity in Esports for Disabled Individuals

WUHAN, China , Aug. 22, 2024 /PRNewswire/ -- NIP Group, a leading digital entertainment company with an expansive global audience, remains committed to serving its community, and society more broadly,...

4 months ago - PRNewsWire

NIP Group Enters Esports Hotel Sector with Strategic Partnership with Homeinns

SHANGHAI, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Digital entertainment company, NIP Group Inc. (NASDAQ: NIPG) (the “Company” or “NIP Group”), today announced a strategic partnership with Homeinns Hotels Gr...

4 months ago - GlobeNewsWire

Citi Appointed as Depositary Bank for NIP Group Inc.'s ADR Program

NEW YORK--(BUSINESS WIRE)--Citi Issuer Services, acting through Citibank, N.A., has been appointed as depositary bank by NIP Group Inc. (“NIP”) for its American Depositary Receipt (“ADR”) program. NIP...

5 months ago - Business Wire

NIP Group Inc. Announces Closing of its Initial Public Offering and Partial Exercise of Underwriters' Option to Purchase Additional ADSs

STOCKHOLM, July 29, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (NASDAQ: NIPG) ("NIP" or the "Company"), a leading esports organization with expansive global footprint by virtue of its operations across A...

5 months ago - GlobeNewsWire

NIP Group Inc. Announces Pricing of $20.25 Million Initial Public Offering

STOCKHOLM, July 26, 2024 (GLOBE NEWSWIRE) -- NIP Group Inc. (the “Company” or “NIP”), a leading esports organization with the most expansive global footprint by virtue of its operations across Asia, E...

5 months ago - GlobeNewsWire

NIP Group Eyes IPO Amid Rising Revenues And Escalating Losses

NIP Group, Inc. has filed to raise expansion funding via a U.S. IPO that may be as high as $50 million. The company develops and operates online Esports digital content and activities worldwide. NIP G...

6 months ago - Seeking Alpha

Sweden-based esports organization NIP Group files for an estimated $50 million US IPO

NIP Group, the esports organization behind the Ninjas in Pyjamas teams in Sweden and China, filed on Wednesday with the SEC to raise up to $5 million in an initial public offering. However, we estimat...

6 months ago - Renaissance Capital

NIP Group IPO Registration Document (F-1)

NIP Group has filed to go public with an IPO on the NASDAQ.

6 months ago - SEC