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Home โบ Stocks โบ Zedge Inc. (ZDGE) Stock Forecast & Price Prediction United States | NYSE | Communication Services | Internet Content & Information
$2.35
+0.01 (0.43%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 1 Wall Street analyst, ZDGE has a bullish consensus with a median price target of $3.50 (ranging from $3.50 to $3.50). Currently trading at $2.35, the median forecast implies a 48.9% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
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 ZDGE.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jun 25, 2020 | National Securities | Buy | Initiates | $0.00 | |
Jun 25, 2020 | National Securities Corporation | Buy | Initiates | $3.00 |
The following stocks are similar to Zedge based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Zedge Inc. has a market capitalization of $32.45M with a P/E ratio of 4.7x. The company generates $29.41M in trailing twelve-month revenue with a -6.6% profit margin.
Revenue growth is -10.2% quarter-over-quarter, while maintaining an operating margin of -13.1% and return on equity of -6.6%.
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Develops apps for mobile personalization content.
Zedge Inc. operates a freemium model, offering a smartphone application that provides wallpapers, ringtones, and notification sounds. The app is available for free with ad support, while users can opt for premium content through paid offerings, generating revenue through both advertising and in-app purchases.
Zedge caters to a diverse user base by fostering a creative community that contributes content and continually updates its offerings to align with current trends. This approach enhances user engagement and ensures the platform remains a go-to choice for mobile customization.
Communication Services
Internet Content & Information
106
Mr. Jonathan Reich
United States
2016
Zedge, Inc. (NYSE AMERICAN: ZDGE) will present at the Planet MicroCap Showcase in Vegas on April 23, 2025, at 1:30 PM PST. CEO Jonathan Reich will host and answer questions.
Zedge's presentation at a prominent microcap showcase highlights its visibility and potential growth, which can influence investor sentiment and stock performance.
Zedge, Inc. (NYSE: ZDGE) will hold its Q2 2025 earnings conference call on March 12, 2025, at 4:30 PM ET, featuring CEO Jonathan Reich and CFO Yi Tsai.
Zedge's Q2 earnings call provides insights into financial performance and strategic direction, influencing investor sentiment and potential stock valuation.
Zedge reported a 10% revenue decline, attributed to TikTok's ad spend uncertainty. However, active subscribers increased 22%, with restructuring expected to save $4 million annually.
Zedge's revenue decline, linked to TikTok's uncertainty, highlights risk. However, increased subscribers, restructuring, and cost savings may boost future profitability and cash flow.
Zedge, Inc. (NYSE: ZDGE) will release its Q2 fiscal 2025 results on March 12, 2025, at 4:10 PM ET, available on its investor relations website and filed on Form 8-K.
Zedge's upcoming earnings report may influence stock performance, as financial results can impact investor sentiment and valuation. Market reactions could lead to volatility around the release date.
Zedge, Inc. plans to save $3.9 to $4.1 million annually through restructuring, including a 22% workforce reduction. FY24 free cash flow was $4.7 million, with additional cost cuts from closing Norway operations.
Zedge's restructuring plan aims to save up to $4.1 million annually, enhancing profitability and efficiency, which could positively influence investor confidence and stock performance.
Zedge, Inc. (NYSE: ZDGE) is restructuring to streamline operations, reducing its workforce by 14% to save $1.7 million annually, with further cost benefits expected through reduced discretionary spending.
Zedge's restructuring will cut costs and improve profitability by reducing its workforce, potentially boosting investor confidence and enhancing stock performance.
Based on our analysis of 1 Wall Street analysts, Zedge Inc. (ZDGE) has a median price target of $3.50. The highest price target is $3.50 and the lowest is $3.50.
According to current analyst ratings, ZDGE has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $2.35. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict ZDGE stock could reach $3.50 in the next 12 months. This represents a 48.9% increase from the current price of $2.35. Please note that this is a projection by Wall Street analysts and not a guarantee.
Zedge Inc. operates a freemium model, offering a smartphone application that provides wallpapers, ringtones, and notification sounds. The app is available for free with ad support, while users can opt for premium content through paid offerings, generating revenue through both advertising and in-app purchases.
The highest price target for ZDGE is $3.50 from at , which represents a 48.9% increase from the current price of $2.35.
The lowest price target for ZDGE is $3.50 from at , which represents a 48.9% increase from the current price of $2.35.
The overall analyst consensus for ZDGE is bullish. Out of 1 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $3.50.
Stock price projections, including those for Zedge 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.