TruGolf Holdings, Inc. (TRUG)

NASDAQ: TRUG · Real-Time Price · USD
0.440
+0.010 (2.33%)
Dec 24, 2024, 1:00 PM EST - Market closed
2.33%
Market Cap 5.98M
Revenue (ttm) 21.92M
Net Income (ttm) -5.20M
Shares Out 13.60M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 675,957
Open 0.428
Previous Close 0.430
Day's Range 0.425 - 0.470
52-Week Range 0.350 - 11.820
Beta -0.75
Analysts Strong Buy
Price Target 2.00 (+354.55%)
Earnings Date Feb 12, 2025

About TRUG

TruGolf Holdings, Inc., through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies’ hardware. The company was founded in 1982 and is headquartered in Centerville, Utah. [Read more]

Founded 1983
Employees 76
Stock Exchange NASDAQ
Ticker Symbol TRUG
Full Company Profile

Financial Performance

In 2023, TruGolf Holdings's revenue was $20.58 million, an increase of 1.76% compared to the previous year's $20.23 million. Losses were -$10.28 million, 974.7% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TRUG stock is "Strong Buy" and the 12-month stock price forecast is $2.0.

Price Target
$2.0
(354.55% upside)
Analyst Consensus: Strong Buy

News

TruGolf and D3 Sports Tech Announce Plans to Create a Strategic Collaboration to Revolutionize Golf Simulation Experience

Salt Lake City, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, is excited to announce it has entered into a letter of intent to creat...

5 days ago - GlobeNewsWire

TruGolf Positioned For Multi-Year Growth From Subscription Revenue And Franchise Potential: Analyst

Maxim Group analyst Jack Vander Aarde initiated coverage on TruGolf Holdings, Inc. TRUG with a price forecast of $2.

6 days ago - Benzinga

TruGolf Announces 82% YOY Third Quarter Sales Growth

Salt Lake City, Utah, Nov. 15, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading golf technology company, announced today its results for the third quarter of 2024. The Company...

5 weeks ago - GlobeNewsWire

TruGolf Announces Guidance for Second Half 2024

Expects Strong Revenues Driven by Franchising and New Products Will Issue Q3 Results in First Half of November Salt Lake City, Utah, Oct. 22, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: T...

2 months ago - GlobeNewsWire

TruGolf Holdings, Inc. to Present at The LD Micro Main Event XVII

Presentation on Wednesday, October 30th at 12:00 PM PT Salt Lake City, Utah--(Newsfile Corp. - September 30, 2024) - TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading provider of golf simulation softwa...

3 months ago - Newsfile Corp

TruGolf Links Announces Franchise Development Agreement for Chicagoland and Northwest Indiana

Iconic Golf Simulator Company Awards Local Entrepreneurs Opportunity to Develop 80 New Centers CHICAGO , Sept. 19, 2024 /PRNewswire/ -- TruGolf Links Franchising, LLC ("TruGolf"), owned by TruGolf Hol...

3 months ago - PRNewsWire

TruGolf Links Signs Inaugural Franchise Development Deal with New Jersey Businessman

Iconic Golf Simulator Company Now Franchising Grants Local Entrepreneur Opportunity to Develop 40 New Centers NEW JERSEY, N.J., July 30, 2024 /PRNewswire/ -- TruGolf Links Franchising, LLC ("TruGolf")...

5 months ago - PRNewsWire

TruGolf Appoints Doug Bybee as Chief Revenue Officer

SALT LAKE CITY, May 14, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (Nasdaq: TRUG) ("TruGolf”), among the leading sellers and distributors of golf simulator software and hardware, is today announc...

8 months ago - GlobeNewsWire

TruGolf to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 & 1x1 Meetings on Thursday, May 2, 2024

SALT LAKE CITY, UT / ACCESSWIRE / April 24, 2024 / TruGolf Holdings, Inc. (Nasdaq:TRUG) ("TruGolf"), among the leading sellers and distributors of golf simulator software and hardware, today announced...

8 months ago - Accesswire

TRUGOLF RELEASES GROUNDBREAKING E6 APEX RANGE TRAINING SOFTWARE AND SIGNS JOE HALLETT, PGA COACH OF THE YEAR

SALT LAKE CITY, April 08, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc.(Nasdaq: TRUG) ("TruGolf”), among the leading sellers and distributors of golf simulator software and hardware, today announced...

9 months ago - GlobeNewsWire

TruGolf Announces Global Franchising with Franchise Well to Accelerate Growth

SALT LAKE CITY, March 27, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (Nasdaq: TRUG) ("TruGolf”), among the leading sellers and distributors of golf simulator software and hardware, today announce...

9 months ago - GlobeNewsWire

2 reasons why TruGolf stock price went parabolic

TruGolf (NASDAQ: TRUG) stock price surged by more than 60% on Wednesday, becoming one of the best-performing companies in Wall Street. It soared to a high of $2.27, its highest point since January 202...

10 months ago - Invezz

TRUGOLF ANNOUNCES NEWLY EXPANDED AI TECHNOLOGY LICENSING AGREEMENT WITH MLSPATIAL

SALT LAKE CITY, March 20, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (Nasdaq: TRUG) ("TruGolf”), among the leading sellers and distributors of golf simulator software and hardware, today announce...

10 months ago - GlobeNewsWire

TRUGOLF, INC. AND DEEP MEDICINE ACQUISITION CORP.

SALT LAKE CITY, Jan. 31, 2024 (GLOBE NEWSWIRE) -- TruGolf, Inc. (Nasdaq: TRUG) ("TruGolf”), among the leading sellers and distributors of golf simulator software and hardware with headquarters in Salt...

11 months ago - GlobeNewsWire