Digital World Acquisition Corp.

Digital World Acquisition Corp. Stock Forecast & Price Prediction

Live Digital World Acquisition Corp. Stock (DWAC) Price
$34.16

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

$34.16

P/E Ratio

-81.33

Volume Traded Today

$10.6M

Dividend

Dividends not available for DWAC

52 Week High/low

78.80/11.75

Digital World Acquisition Corp. Market Cap

$1.86B

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DWAC Summary

Based on ratings from 0 stock analysts, the Digital World Acquisition Corp. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Digital World Acquisition Corp.. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.

DWAC Analyst Ratings

About 0 Wall Street analysts have assignedDWAC 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Digital World Acquisition Corp. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DWAC. 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.

DWAC stock forecast by analyst

These are the latest 20 analyst ratings of DWAC.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

DWAC Company Information

What They Do: Specializes in technology-focused mergers and acquisitions.

Business Model: The company operates primarily as a blank check firm, seeking to effect mergers or business combinations with technology-focused companies, particularly in the SaaS, fintech, and financial services sectors. It generates value by identifying and merging with a suitable target company, allowing investors to participate in the potential upside of a successful acquisition.

Other Information: Incorporated in 2020, Digital World Acquisition Corp. was acquired by Trump Media & Technology Group Corp. in March 2024, indicating a strategic move to leverage the growing technology and media landscape. Based in Miami, Florida, the company has positioned itself in a vibrant market for technology investments.
DWAC
Digital World Acquisition Corp. (DWAC)

When did it IPO

2017

Staff Count

0

Country

United States

Sector/Industry

Financial Services/Shell Companies

CEO

Mr. Eric S. Swider

Market Cap

$1.86B

Digital World Acquisition Corp. (DWAC) Financial Data

In 2023, DWAC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DWAC'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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $0
  • Operating Margin TTM 0.0%
  • Gross profit TTM $0
  • Return on assets TTM -2.8%
  • Return on equity TTM -5.9%
  • Profit Margin 0.0%
  • Book Value Per Share -1.60%
  • Market capitalisation $1.86B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $-0.68

Digital World Acquisition Corp. (DWAC) Latest News

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - New York Post

Summary - Trump holds approximately 115 million shares, representing a 53% ownership stake in the parent company of Truth Social.

Why It Matters - Trump's significant stake in Truth Social indicates potential influence over the platform's direction, impacting investor sentiment and the stock's performance.

News Image

Thu, 18 Jul 2024

Sentiment - NEGATIVE

Source - Invezz

Summary - The SEC has sued Patrick Orlando, ex-CEO of Digital World Acquisition Corp., for allegedly making false statements about the company's merger with Trump Media's Truth Social.

Why It Matters - The SEC lawsuit against DWAC's former CEO raises concerns about the integrity of the merger, potentially impacting investor confidence and stock performance.

News Image

Mon, 10 Jun 2024

Sentiment - NEGATIVE

Source - Forbes

Summary - Trump Media & Technology Group shares dropped nearly 20% after Donald Trump's conviction in his hush money trial, continuing the company's volatile stock performance post-merger with Digital World Acquisition Corp.

Why It Matters - The 20% drop in Trump Media shares signals heightened investor risk and uncertainty, reflecting potential impacts on future revenue and company stability amid ongoing legal issues.

News Image

Wed, 22 May 2024

Sentiment - NEGATIVE

Source - InvestorPlace

Summary - Advanced AI algorithms have identified seven meme stocks deemed sell candidates based on market trends and company fundamentals.

Why It Matters - The identification of meme stocks to sell by AI suggests potential risks and volatility in these investments, prompting investors to reassess their positions and strategies.

News Image

Thu, 09 May 2024

Sentiment - NEGATIVE

Source - New York Post

Summary - Bruce Garelick was convicted for insider trading in 2021 related to the merger of Digital World Acquisition Corp. and Trump Media & Technology Group.

Why It Matters - The conviction of Bruce Garelick for insider trading related to Digital World Acquisition Corp. raises regulatory concerns and may impact investor confidence and stock performance.

News Image

Mon, 15 Apr 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Trump Media & Technology Group filed a Form S-1 with the SEC to register shares and warrants following its business combination with Digital World Acquisition Corp. on March 25, 2024.

Why It Matters - The filing signals potential stock offerings and liquidity events for Trump Media & Technology Group, impacting share supply and valuation post-merger, influencing investor sentiment and market dynamics.

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DWAC Frequently asked questions

The highest forecasted price for DWAC is $ from at .

The lowest forecasted price for DWAC is $ from from

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