Golden Matrix Group (GMGI) Stock Forecast, Price Target & Predictions


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GMGI Stock Forecast


Golden Matrix Group stock forecast is as follows: an average price target of $3.00 (represents a 54.64% upside from GMGI’s last price of $1.94) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

GMGI Price Target


The average price target for Golden Matrix Group (GMGI) is $3.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $3.00. This represents a potential 54.64% upside from GMGI's last price of $1.94.

GMGI Analyst Ratings


Buy

According to 1 Wall Street analysts, Golden Matrix Group's rating consensus is 'Buy'. The analyst rating breakdown for GMGI stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Golden Matrix Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 22, 2022Michael AlbaneseEF Hutton$3.00$2.2533.33%54.64%

The latest Golden Matrix Group stock forecast, released on Dec 22, 2022 by Michael Albanese from EF Hutton, set a price target of $3.00, which represents a 33.33% increase from the stock price at the time of the forecast ($2.25), and a 54.64% increase from GMGI last price ($1.94).

Golden Matrix Group Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$1.94$1.94$1.94
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Golden Matrix Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Golden Matrix Group's last price of $1.94. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 22, 2022EF HuttonBuyInitialise

Golden Matrix Group's last stock rating was published by EF Hutton on Dec 22, 2022. The company Initialise its GMGI rating from "null" to "Buy".

Golden Matrix Group Financial Forecast


Golden Matrix Group Revenue Forecast

Dec 25Mar 25Sep 24Sep 23Dec 22
Revenue-----
Avg Forecast$11.00M$8.04M$40.99M$11.00M$8.04M
High Forecast$11.00M$8.04M$40.99M$11.00M$8.04M
Low Forecast$11.00M$8.04M$40.99M$11.00M$8.04M
# Analysts11111
Surprise %-----

Golden Matrix Group's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. GMGI's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).

Golden Matrix Group EBITDA Forecast

Dec 25Mar 25Sep 24Sep 23Dec 22
# Analysts11111
EBITDA-----
Avg Forecast$2.54M$1.86M$9.48M$2.54M$1.86M
High Forecast$2.54M$1.86M$9.48M$2.54M$1.86M
Low Forecast$2.54M$1.86M$9.48M$2.54M$1.86M
Surprise %-----

undefined analysts predict GMGI's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Golden Matrix Group's previous annual EBITDA (undefined) of $NaN.

Golden Matrix Group Net Income Forecast

Dec 25Mar 25Sep 24Sep 23Dec 22
# Analysts11111
Net Income-----
Avg Forecast--$187.30M$168.67M$237.42M
High Forecast--$187.30M$168.67M$237.42M
Low Forecast--$187.30M$168.67M$237.42M
Surprise %-----

Golden Matrix Group's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. GMGI's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Golden Matrix Group SG&A Forecast

Dec 25Mar 25Sep 24Sep 23Dec 22
# Analysts11111
SG&A-----
Avg Forecast$3.42M$2.50M$12.73M$3.42M$2.50M
High Forecast$3.42M$2.50M$12.73M$3.42M$2.50M
Low Forecast$3.42M$2.50M$12.73M$3.42M$2.50M
Surprise %-----

Golden Matrix Group's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to GMGI last annual SG&A of $NaN (undefined).

Golden Matrix Group EPS Forecast

Dec 25Mar 25Sep 24Sep 23Dec 22
# Analysts11111
EPS-----
Avg Forecast--$1.54$1.39$1.95
High Forecast--$1.54$1.39$1.95
Low Forecast--$1.54$1.39$1.95
Surprise %-----

According to undefined Wall Street analysts, Golden Matrix Group'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 GMGI previous annual EPS of $NaN (undefined).

Golden Matrix Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DDIDoubleDown Interactive$11.12$18.1363.04%Buy
GMGIGolden Matrix Group$1.99$3.0050.75%Buy
MYPSPLAYSTUDIOS$2.10$2.5019.05%Buy

GMGI Forecast FAQ


Is Golden Matrix Group a good buy?

Yes, according to 1 Wall Street analysts, Golden Matrix Group (GMGI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of GMGI's total ratings.

What is GMGI's price target?

Golden Matrix Group (GMGI) average price target is $3 with a range of $3 to $3, implying a 54.64% from its last price of $1.94. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Golden Matrix Group stock go up soon?

According to Wall Street analysts' prediction for GMGI stock, the company can go up by 54.64% (from the last price of $1.94 to the average price target of $3), up by 54.64% based on the highest stock price target, and up by 54.64% based on the lowest stock price target.

Can Golden Matrix Group stock reach $3?

GMGI's average twelve months analyst stock price target of $3 does not support the claim that Golden Matrix Group can reach $3 in the near future.