12 Month Price Forecast For GDEV
Distance to GDEV Price Forecasts
GDEV Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.
Data last updated: February 11, 2025 10:50 PM UTC
GDEV Analyst Ratings & Price Targets
Based on our analysis of 2 Wall Street analysts, GDEV has a neutral consensus with a median price target of $70.00 (ranging from $70.00 to $70.00). Currently trading at $15.93, the median forecast implies a 339.4% upside. This outlook is supported by 1 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Michael Kupinski at Noble Capital Markets, projecting a 339.4% upside. Conversely, the most conservative target is provided by Michael Kupinski at Noble Capital Markets, suggesting a 339.4% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
GDEV Analyst Consensus
GDEV Price Target Range
Latest GDEV Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for GDEV.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Sep 17, 2024 | Noble Capital Markets | Michael Kupinski | Outperform | Maintains | $70.00 |
| Aug 12, 2024 | Noble Capital Markets | Michael Kupinski | Outperform | Initiates | $6.00 |
| Jun 14, 2024 | Oppenheimer | Martin Yang | Perform | Initiates | $0.00 |
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The following stocks are similar to Nexters Inc. based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Nexters Inc. (GDEV) Financial Data
Nexters Inc. has a market capitalization of $288.43M with a P/E ratio of 6.5x. The company generates $443.16M in trailing twelve-month revenue with a 10.8% profit margin.
Revenue growth is -7.9% quarter-over-quarter, while maintaining an operating margin of +14.2% and return on equity of -46.2%.
Valuation Metrics
Growth & Margins
Financial Health
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Nexters Inc. (GDEV) Company Overview
About Nexters Inc.
Develops and publishes online games globally.
GDEV Inc. generates revenue by developing and publishing a range of online games, particularly focusing on mobile, social, and web-based platforms. Their flagship title, Hero Wars, and other role-playing game franchises contribute significantly to their income through in-game purchases, advertisements, and potentially subscription models.
Founded in 2010 and headquartered in Limassol, Cyprus, GDEV Inc. was previously known as Nexters Inc. The company serves a diverse international market, including regions in the United States, Europe, and Asia, positioning itself within the rapidly growing online gaming industry.
Company Information
Sector
Communication Services
Industry
Electronic Gaming & Multimedia
Employees
726
CEO
Mr. Andrey Fadeev
Country
Cyprus
IPO Year
2021
Website
gdev.incNexters Inc. (GDEV) Latest News & Analysis
Strong online betting demand positively impacts the gaming industry, benefiting stocks like FLUT, GME, and GDEV due to improving market trends.
Rising online betting demand signals growth for the gaming sector, positively influencing stocks like FLUT, GME, and GDEV, which may see increased investor interest and potential gains.
GDEV Inc. (GDEV) Loses -15.68% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
2 months agoGDEV Inc. (GDEV) is considered oversold, indicating potential for a trend reversal, supported by Wall Street analysts raising earnings estimates.
GDEV Inc. being oversold suggests potential price stabilization, while rising earnings estimates from analysts indicate positive future performance, signaling a possible buying opportunity.
GDEV Inc. (GDEV) and Paramount Global (PARAA) have shown performance metrics compared to their sector for the current year, indicating their relative market position.
Performance comparisons indicate GDEV Inc. and Paramount Global's market resilience or weakness, influencing investment decisions and sector allocations.
GDEV Inc. (GDEV) Q3 2024 Earnings Call Transcript
2 months agoGDEV Inc. (NASDAQ:GDEV) will hold its Q3 2024 earnings conference call on November 14, 2024, at 9:00 AM ET, featuring key company executives and analysts from various firms.
GDEV's Q3 earnings call provides insights into financial performance, strategic direction, and potential growth, influencing market sentiment and stock valuation.
GDEV Announces Unaudited Results for the Third quarter and the First Nine Months of 2024
2 months agoGDEV Inc. (NASDAQ: GDEV) reported Q3 2024 results showing sequential revenue growth despite industry challenges, as stated by CEO Andrey Fadeev.
GDEV's sequential revenue growth amid industry challenges signals resilience and potential for future profitability, attracting investor interest in the gaming sector.
GDEV Inc. (GDEV) reported quarterly earnings of $0.79 per share, surpassing the Zacks Consensus Estimate of $0.38, but down from $1.20 per share year-over-year.
GDEV's strong earnings beat indicates robust performance, potentially boosting investor confidence. However, the year-over-year decline may raise concerns about future growth.
Frequently Asked Questions About GDEV Stock
What is Nexters Inc.'s (GDEV) stock forecast for 2025?
Based on our analysis of 2 Wall Street analysts, Nexters Inc. (GDEV) has a median price target of $70.00. The highest price target is $70.00 and the lowest is $70.00.
Is GDEV stock a good investment in 2025?
According to current analyst ratings, GDEV has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $15.93. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for GDEV stock?
Wall Street analysts predict GDEV stock could reach $70.00 in the next 12 months. This represents a 339.4% increase from the current price of $15.93. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Nexters Inc.'s business model?
GDEV Inc. generates revenue by developing and publishing a range of online games, particularly focusing on mobile, social, and web-based platforms. Their flagship title, Hero Wars, and other role-playing game franchises contribute significantly to their income through in-game purchases, advertisements, and potentially subscription models.
What is the highest forecasted price for GDEV Nexters Inc.?
The highest price target for GDEV is $70.00 from Michael Kupinski at Noble Capital Markets, which represents a 339.4% increase from the current price of $15.93.
What is the lowest forecasted price for GDEV Nexters Inc.?
The lowest price target for GDEV is $70.00 from Michael Kupinski at Noble Capital Markets, which represents a 339.4% increase from the current price of $15.93.
What is the overall GDEV consensus from analysts for Nexters Inc.?
The overall analyst consensus for GDEV is neutral. Out of 2 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $70.00.
How accurate are GDEV stock price projections?
Stock price projections, including those for Nexters Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
