Bragg Gaming Group Inc.

Bragg Gaming Group Inc. Stock Forecast & Price Prediction

Live Bragg Gaming Group Inc. Stock (BRAG) Price
$4.88

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$4.88

P/E Ratio

-28.47

Volume Traded Today

$11,388

Dividend

Dividends not available for BRAG

52 Week High/low

7.00/4.05

Bragg Gaming Group Inc. Market Cap

$124.5M

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BRAG Summary

From what 0 stock analysts predict, the share price for Bragg Gaming Group Inc. (BRAG) might increase by 99.6% in the next year. This is based on a 12-month average estimation for BRAG. Price targets go from $7.71304 to $13.22236. The majority of stock analysts believe BRAG is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

BRAG Analyst Ratings

About 0 Wall Street analysts have assignedBRAG 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Bragg Gaming Group Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BRAG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

BRAG stock forecast by analyst

These are the latest 20 analyst ratings of BRAG.

Analyst/Firm

Rating

Price Target

Change

Date

Mike Hickey
Benchmark

Speculative Buy

$8

Reiterates

Apr 3, 2024
Jordan Bender
JMP Securities

Market Outperform

$8

Upgrade

Nov 10, 2023
Jordan Bender
JMP Securities

Market Perform


Initiates

Jun 14, 2023
Mike Hickey
Benchmark

Buy

$8

Reiterates

Mar 22, 2023
Mike Hickey
Benchmark

Speculative Buy

$8

Initiates

Jan 5, 2023
Edward Engel
Roth Capital

Buy

$9

Initiates

Sep 21, 2022

BRAG Company Information

What They Do: Provides iGaming content and technology solutions.

Business Model: The company generates revenue by offering proprietary and exclusive casino game content to online and land-based gaming operators. It utilizes a remote game server technology to deliver its games through the Bragg Hub platform, which supports various iCasino and sportsbook brands. Additional income is derived from its omnichannel Player Account Management platform and in-house managed services, along with partnerships under the Powered By Bragg program.

Other Information: Bragg Gaming Group is licensed and operational in several regulated markets, including the U.S. and Europe. The company has a strong focus on data-driven insights to enhance gameplay and user engagement through analytics and tools like the Fuze player engagement toolset. Founded as Rockies Financial Corporation, it rebranded in 2018 and is headquartered in Toronto, Canada.
BRAG
Bragg Gaming Group Inc. (BRAG)

When did it IPO

2021

Staff Count

466

Country

Canada

Sector/Industry

Consumer Cyclical/Gambling

CEO

Mr. Matevz Mazij

Market Cap

$124.5M

Bragg Gaming Group Inc. (BRAG) Financial Data

In 2023, BRAG generated $93.5M in revenue, which was a increase of 10.37% from the previous year. This can be seen as a signal that BRAG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$46.4M

Revenue From 2021

$58.3M

25.63 %
From Previous Year

Revenue From 2022

$84.7M

45.29 %
From Previous Year

Revenue From 2023

$93.5M

10.37 %
From Previous Year
  • Revenue TTM $104.7M
  • Operating Margin TTM -5.2%
  • Gross profit TTM $49.9M
  • Return on assets TTM -2.3%
  • Return on equity TTM -11.1%
  • Profit Margin -8.5%
  • Book Value Per Share 2.87%
  • Market capitalisation $124.5M
  • Revenue for 2021 $58.3M
  • Revenue for 2022 $84.7M
  • Revenue for 2023 $93.5M
  • EPS this year (TTM) $-0.39

Bragg Gaming Group Inc. (BRAG) Latest News

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - The Planet MicroCap Showcase in Vancouver will be held on September 25-26, 2024, featuring 50 MicroCap companies and keynote speakers. Visit www.PlanetMicroCapShowcase.com for details.

Why It Matters - The Planet MicroCap Showcase highlights emerging investment opportunities in microcap companies, potentially leading to increased market interest and volatility in this sector.

News Image

Tue, 20 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) has launched new games and RGS technology with Caesars Digital in Pennsylvania and Ontario, expanding its partnership and presence in North America.

Why It Matters - Bragg Gaming's expansion with Caesars Digital increases its market presence, potentially boosting revenues and investor confidence, as it taps into the growing online gaming sector in key regions.

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Bragg Gaming Group Inc. (NASDAQ: BRAG) held its Q2 2024 earnings call on August 8, 2024, featuring CEO Matevz Mazij and Interim CFO Robbie Bressler.

Why It Matters - Bragg Gaming's Q2 earnings call signals financial performance insights, impacting stock valuation and investor sentiment regarding growth prospects in the gaming sector.

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Bragg Gaming Group reported record revenue of โ‚ฌ24.9 million for Q2 2024, a 0.5% increase from Q2 2023. Gross profit decreased by 10.3%, with a margin of 49.9%. Adjusted EBITDA fell 23.8%.

Why It Matters - Bragg Gaming's record revenue signals growth potential, but declining gross profit and EBITDA raise concerns about profitability, impacting valuation and investor confidence.

News Image

Fri, 02 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Bragg Gaming Group is set to report Q2 results, facing tough comparisons to a record performance. Growth is strong, but a key partner renegotiation may impact margins. The stock remains undervalued, with potential acquisition or merger prospects.

Why It Matters - Bragg Gaming's upcoming Q2 results against peak performance highlight growth potential, but margin concerns from partner renegotiations may impact investor sentiment. Acquisition prospects add upside.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Bragg Gaming Group Inc. (NASDAQ: BRAG, TSX: BRAG) will release its Q2 2024 financial results on August 8, 2024, before market opening, followed by a conference call at 8:30 a.m. ET.

Why It Matters - Bragg Gaming's upcoming financial results release and conference call will provide insights into its performance, influencing stock valuation and investor sentiment.

...

BRAG Frequently asked questions

The highest forecasted price for BRAG is $13.22236 from at .

The lowest forecasted price for BRAG is $7.71304 from from

The BRAG analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.