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Home โบ Stocks โบ Gdev Inc. (GDEV) Stock Forecast & Price Prediction Cyprus | NASDAQ | Communication Services | Electronic Gaming & Multimedia
$16.78
-0.17 (-1.00%)Did GDEV Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Nexters is one of their latest high-conviction picks.
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). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $16.78, the median forecast implies a 317.2% 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 317.2% upside. Conversely, the most conservative target is provided by Michael Kupinski at Noble Capital Markets, suggesting a 317.2% 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.
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 | $N/A |
The following stocks are similar to Nexters based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Gdev Inc. has a market capitalization of $304.22M with a P/E ratio of 7.1x. The company generates $412.02M in trailing twelve-month revenue with a 13.7% profit margin.
Revenue growth is -11.8% quarter-over-quarter, while maintaining an operating margin of +25.5% and return on equity of -25.1%.
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Develops and publishes interactive games and multimedia products.
Gdev Inc. generates revenue through the development and publishing of a wide range of interactive games for various platforms such as PCs, consoles, and mobile devices. The company leverages cutting-edge technology to create engaging gaming experiences, which attracts a diverse audience and fosters customer loyalty, ultimately leading to increased sales and revenue growth.
Gdev Inc. is positioned at the forefront of the gaming industry, significantly influencing how digital entertainment is consumed globally. Its focus on virtual reality and augmented reality not only enhances gaming but also contributes to advancements in software development and graphics technology, establishing the company as a key player in both creative and technological sectors.
Communication Services
Electronic Gaming & Multimedia
589
Mr. Andrey Fadeev
Cyprus
2021
GDEV Inc. (GDEV) and Trip.com (TCOM) have been compared to their sector performance year-to-date. Specific performance metrics were not detailed in the excerpt.
Performance comparisons highlight GDEV's and TCOM's relative strength or weakness, impacting investor sentiment and potential stock valuation within their sectors.
GDEV Inc. (GDEV) shares rose with above-average trading volume, but recent earnings estimate revisions may not lead to further price increases soon.
GDEV's share surge indicates strong market interest, but high trading volume with stagnant earnings revisions suggests potential volatility or corrective pullbacks ahead.
GDEV Inc. (GDEV) and Red Rock Resorts (RRR) have shown performance metrics against their sector for the year to date. Further details on specific performance were not provided.
Performance comparisons indicate how GDEV and RRR are faring relative to their sector, impacting investment decisions based on growth potential and competitive positioning.
GDEV Inc. (NASDAQ: GDEV) announced its financial and operational results for Q2 and the first half of 2025, ending June 30.
GDEV's Q2 and first-half results impact its financial health and growth trajectory, influencing stock performance and investor sentiment in the gaming sector.
GDEV Inc. (Nasdaq: GDEV) increased its ownership in Royal Ark to 57% by exercising a conversion option, enhancing its stake in the portfolio studio.
GDEV increasing its stake in Royal Ark to 57% may signal confidence in the studio's potential, impacting future earnings and strategic direction, which can affect stock performance.
Total assets under management (AUM) nears $400 million as the firm strengthens its position in middle-market sustainable infrastructure.
The firmโs growth in total AUM to nearly $400 million signals strong investor confidence and market demand in sustainable infrastructure, potentially leading to increased returns in this sector.
Based on our analysis of 2 Wall Street analysts, Gdev Inc. (GDEV) has a median price target of $70.00. The highest price target is $70.00 and the lowest is $70.00.
According to current analyst ratings, GDEV has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $16.78. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict GDEV stock could reach $70.00 in the next 12 months. This represents a 317.2% increase from the current price of $16.78. Please note that this is a projection by Wall Street analysts and not a guarantee.
Gdev Inc. generates revenue through the development and publishing of a wide range of interactive games for various platforms such as PCs, consoles, and mobile devices. The company leverages cutting-edge technology to create engaging gaming experiences, which attracts a diverse audience and fosters customer loyalty, ultimately leading to increased sales and revenue growth.
The highest price target for GDEV is $70.00 from Michael Kupinski at Noble Capital Markets, which represents a 317.2% increase from the current price of $16.78.
The lowest price target for GDEV is $70.00 from Michael Kupinski at Noble Capital Markets, which represents a 317.2% increase from the current price of $16.78.
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.
Stock price projections, including those for Gdev 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.
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.