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NASDAQ:MRDN

Meridian (MRDN) Stock Price, News & Analysis

Meridian logo
$10.83 -0.36 (-3.22%)
As of 10/20/2026 04:00 PM Eastern

About Meridian Stock (NASDAQ:MRDN)

Advanced

Key Stats

Today's Range
$10.75
▼
$11.58
50-Day Range
$10.83
▼
$14.38
52-Week Range
$5.80
▼
$16.09
Volume
30,454 shs
Average Volume
38,705 shs
Market Capitalization
$137.32 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.60
Consensus Rating
Sell

Company Overview

Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.

Meridian Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
25th Percentile Overall Score

MRDN MarketRank™: 
1.271548844045 of 5 stars

Meridian scored higher than 25% of companies evaluated by MarketBeat, and ranked 409th out of 484 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Meridian has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

  • Upside Potential

    Meridian has a consensus price target of $21.60, representing about 99.4% upside from its current price of $10.83.

  • Amount of Analyst Coverage

    Meridian has only been the subject of 1 research reports in the past 90 days.

  • Read more about Meridian's stock forecast and price target.
  • Price to Book Value per Share Ratio

    Meridian has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.05% of the float of Meridian has been sold short.
  • Short Interest Ratio / Days to Cover

    Meridian has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Meridian has recently decreased by 0.69%, indicating that investor sentiment is improving.
  • Dividend Yield

    Meridian does not currently pay a dividend.

  • Dividend Growth

    Meridian does not have a long track record of dividend growth.

  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Meridian this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Meridian insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    9.90% of the stock of Meridian is held by insiders.

  • Percentage Held by Institutions

    2.74% of the stock of Meridian is held by institutions.

  • Read more about Meridian's insider trading history.
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MRDN Stock News Headlines

MRDN's Expanse Studios Starts Live Operations in Sweden
My top 3 AI picks for the next decade
Alexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up Amazon and Netflix under $3 per share in 2005. Now the chief investment strategist at The Oxford Club has identified three AI stocks he believes could be the most profitable investments of the next decade.tc pixel
Meridian Holdings' Expanse Studios Now Live in Sweden
Meridian Holdings Inc (MRDN)
See More Headlines

MRDN Stock Analysis - Frequently Asked Questions

Meridian's stock was trading at $7.38 on March 3, 2026. Since then, MRDN shares have increased by 46.7% and is now trading at $10.83.

Meridian Holdings Inc. (NASDAQ:MRDN) issued its quarterly earnings data on Wednesday, July, 29th. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.10. The business earned $50.19 million during the quarter. Meridian had a negative trailing twelve-month return on equity of 117.87% and a negative net margin of 41.41%.
Read the conference call transcript
.

Meridian's stock reverse split before market open on Tuesday, March 3rd 2026.A 1-12 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Monday, March 2nd 2026. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

Shares of MRDN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Meridian investors own include Adicet Bio (ACET), Akebia Therapeutics (AKBA), Applied Therapeutics (APLT), Datavault AI (DVLT), Global Engine Group (GLE), Century Therapeutics (IPSC) and Ambev (ABEV).

Company Calendar

Last Earnings
7/29/2026
Today
10/21/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Hotels, Restaurants & Leisure
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:MRDN
Previous Symbol
NASDAQ:GMGI
CIK
1437925
Fax
N/A
Employees
1,200
Year Founded
N/A

Price Target and Rating

High Price Target
$21.60
Low Price Target
$21.60
Potential Upside/Downside
+99.4%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

EPS (Trailing Twelve Months)
($6.74)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$89.90 million
Net Margins
-41.41%
Pretax Margin
-44.58%
Return on Equity
-117.87%
Return on Assets
-58.87%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.59
Quick Ratio
0.51

Sales & Book Value

Annual Sales
$182.86 million
Price / Sales
0.75
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$4.11 per share
Price / Book
2.64

Miscellaneous

Outstanding Shares
12,680,000
Free Float
11,426,000
Market Cap
$137.32 million
Optionable
Optionable
Beta
0.70
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This page (NASDAQ:MRDN) was last updated on 10/20/2026 by MarketBeat.com Staff.
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