Enthusiast Gaming (EGLX) Stock Forecast, Price Target & Predictions
EGLX Stock Forecast
Enthusiast Gaming stock forecast is as follows: an average price target of $0.50 (represents a 114.59% upside from EGLX’s last price of $0.23) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
EGLX Price Target
The average price target for Enthusiast Gaming (EGLX) is $0.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $0.50 to $0.50. This represents a potential 114.59% upside from EGLX's last price of $0.23.
EGLX Analyst Ratings
According to 3 Wall Street analysts, Enthusiast Gaming's rating consensus is 'Buy'. The analyst rating breakdown for EGLX stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Enthusiast Gaming Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 20, 2024 | Scott Buck | H.C. Wainwright | $0.50 | $0.25 | 100.00% | 114.59% |
The latest Enthusiast Gaming stock forecast, released on May 20, 2024 by Scott Buck from H.C. Wainwright, set a price target of $0.50, which represents a 100.00% increase from the stock price at the time of the forecast ($0.25), and a 114.59% increase from EGLX last price ($0.23).
Enthusiast Gaming Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $0.50 |
| Last Closing Price | $0.23 | $0.23 | $0.23 |
| Upside/Downside | -100.00% | -100.00% | 114.59% |
In the current month, the average price target of Enthusiast Gaming stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Enthusiast Gaming's last price of $0.23. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 20, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| Mar 28, 2023 | Canaccord Genuity | Buy | Buy | Hold |
| Nov 15, 2022 | RBC Capital | Outperform | Outperform | Hold |
Enthusiast Gaming's last stock rating was published by H.C. Wainwright on May 20, 2024. The company gave EGLX a "Buy" rating, the same as its previous rate.
Enthusiast Gaming Financial Forecast
Enthusiast Gaming Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $45.56M | - | $42.88M |
| Avg Forecast | $95.85M | $85.20M | $74.55M | $46.86M | $36.94M | $32.42M | $32.65M |
| High Forecast | $100.66M | $89.48M | $78.29M | $47.83M | $37.00M | $34.05M | $34.29M |
| Low Forecast | $90.05M | $80.05M | $70.04M | $45.88M | $36.87M | $30.46M | $30.68M |
| # Analysts | 2 | 2 | 2 | 3 | 3 | 1 | 1 |
| Surprise % | - | - | - | - | 1.23% | - | 1.31% |
Enthusiast Gaming's average Quarter revenue forecast for Dec 23 based on 3 analysts is $46.86M, with a low forecast of $45.88M, and a high forecast of $47.83M. EGLX's average Quarter revenue forecast represents a 2.86% increase compared to the company's last Quarter revenue of $45.56M (Sep 23).
Enthusiast Gaming EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | |
|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 3 | 1 | 1 |
| EBITDA | - | - | - | - | $-6.04M | - | $-4.95M |
| Avg Forecast | $19.17M | $17.04M | $14.91M | $9.37M | $7.39M | $6.48M | $6.53M |
| High Forecast | $20.13M | $17.90M | $15.66M | $9.57M | $7.40M | $6.81M | $6.86M |
| Low Forecast | $18.01M | $16.01M | $14.01M | $9.18M | $7.37M | $6.09M | $6.14M |
| Surprise % | - | - | - | - | -0.82% | - | -0.76% |
undefined analysts predict EGLX's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Enthusiast Gaming's previous annual EBITDA (undefined) of $NaN.
Enthusiast Gaming Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | |
|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 3 | 1 | 1 |
| Net Income | - | - | - | - | $-59.06M | - | $-8.74M |
| Avg Forecast | $234.56M | $204.30M | $239.89M | $-1.52M | $-6.09M | $-7.61M | $-9.13M |
| High Forecast | $156.37M | $136.20M | $159.93M | $-1.52M | $-6.09M | $-5.07M | $-6.09M |
| Low Forecast | $312.74M | $272.40M | $319.85M | $-1.52M | $-7.61M | $-10.14M | $-12.17M |
| Surprise % | - | - | - | - | 9.70% | - | 0.96% |
Enthusiast Gaming's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. EGLX's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Enthusiast Gaming SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | |
|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 3 | 1 | 1 |
| SG&A | - | - | - | - | $15.16M | - | $16.48M |
| Avg Forecast | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - |
Enthusiast Gaming's average Quarter SG&A projection for Dec 23 is -, based on 3 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to EGLX last annual SG&A of $15.16M (Sep 23).
Enthusiast Gaming EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | |
|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 3 | 1 | 1 |
| EPS | - | - | - | - | $-0.38 | - | $-0.06 |
| Avg Forecast | $1.54 | $1.34 | $1.58 | $-0.01 | $-0.04 | $-0.05 | $-0.06 |
| High Forecast | $1.03 | $0.90 | $1.05 | $-0.01 | $-0.04 | $-0.03 | $-0.04 |
| Low Forecast | $2.06 | $1.79 | $2.10 | $-0.01 | $-0.05 | $-0.07 | $-0.08 |
| Surprise % | - | - | - | - | 9.50% | - | 0.96% |
According to undefined Wall Street analysts, Enthusiast Gaming's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to EGLX previous annual EPS of $NaN (undefined).
Enthusiast Gaming Peer Comparison by Price Target
EGLX Forecast FAQ
Is Enthusiast Gaming a good buy?
Yes, according to 3 Wall Street analysts, Enthusiast Gaming (EGLX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of EGLX's total ratings.
What is EGLX's price target?
Enthusiast Gaming (EGLX) average price target is $0.5 with a range of $0.5 to $0.5, implying a 114.59% from its last price of $0.233. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Enthusiast Gaming stock go up soon?
According to Wall Street analysts' prediction for EGLX stock, the company can go up by 114.59% (from the last price of $0.233 to the average price target of $0.5), up by 114.59% based on the highest stock price target, and up by 114.59% based on the lowest stock price target.
Can Enthusiast Gaming stock reach $0?
EGLX's average twelve months analyst stock price target of $0.5 supports the claim that Enthusiast Gaming can reach $0 in the near future.
What are Enthusiast Gaming's analysts' financial forecasts?
EGLX's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $148.87M (high $153.17M, low $143.88M), average EBITDA is $29.77M (high $30.63M, low $28.78M), average net income is $-24.347M (high $-18.768M, low $-31.449M), average SG&A $0 (high $0, low $0), and average EPS is $-0.16 (high $-0.123, low $-0.207).
Did the EGLX's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (Sep 2023), Enthusiast Gaming's revenue was $45.56M, beating the average analysts' forecast of $36.94M by 23.33%. The company's EBITDA was $-6.036M, missing the average prediction of $7.39M by -181.70%. Enthusiast Gaming's net income was $-59.064M, beating the average estimation of $-6.087M by 870.36%. The company's SG&A was $15.16M, beating the average forecast of $0 by 0%. Lastly, the company's EPS was $-0.38, beating the average prediction of $-0.04 by 850.00%