GDEV (GDEV) Stock Price, News & Analysis

Company Overview

GDEV, Inc. operates as a gaming and entertainment holding company that oversees a diverse portfolio of studios focused on developing and publishing live-service games across multiple platforms and genres. Its portfolio includes studios specializing in mobile, browser, and PC games, as well as captivating intellectual properties spanning various genres. The company's franchises include hero wars, island hoppers, pixel gun 3D, and others. GDEV was founded by Andrey Fadeev and Boris Gertsovsky in 2010 and is headquartered in Limassol, Cyprus.

Key Stats

• Today's Range: $10.50 to $10.81
• 50-Day Range: $9.65 to $21.01
• 52-Week Range: $8.60 to $42.76
• Volume: 19,892 shs
• Average Volume: 8,343 shs
• Market Capitalization: $190.91 million
• P/E Ratio: 5.27
• Dividend Yield: N/A
• Price Target: $255.00
• Consensus Rating: Moderate Buy

GDEV Stock Analysis - MarketRank™

GDEV scored higher than 84% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

GDEV has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

GDEV has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 75.49%

Earnings Growth

Earnings for GDEV are expected to grow by 75.49% in the coming year, from $1.02 to $1.79 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GDEV is 5.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of GDEV is 5.27, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 21.51.

Price to Earnings Growth Ratio

GDEV has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.57% of the float of GDEV has been sold short.

Short Interest Ratio / Days to Cover

GDEV has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GDEV has recently decreased by 9.74%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GDEV does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.57% of the float of GDEV has been sold short.

Short Interest Ratio / Days to Cover

GDEV has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GDEV has recently decreased by 9.74%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

GDEV has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for GDEV this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

86.60% of the stock of GDEV is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 15.19% of the stock of GDEV is held by institutions.

GDEV Stock Analysis - Frequently Asked Questions

How have GDEV shares performed this year?

GDEV's stock was trading at $19.34 on January 1st, 2025. Since then, GDEV shares have decreased by 45.6% and is now trading at $10.53.
View the best growth stocks for 2025 here.

How were GDEV's earnings last quarter?

GDEV, Inc. (NASDAQ:GDEV) announced its earnings results on Wednesday, September, 4th. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.05 by $0.76. The firm earned $105.82 million during the quarter, compared to the consensus estimate of $106.30 million. GDEV had a negative trailing twelve-month return on equity of 36.13% and a net margin of 9.13%.
Read the conference call transcript.

When did GDEV's stock split?

GDEV shares reverse split on Thursday, August 29th 2024. The 1-10 reverse split was announced on Wednesday, August 21st 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 28th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of GDEV?

Shares of GDEV 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.

What other stocks do shareholders of GDEV own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GDEV investors own include Garmin (GRMN), WPP (WPP), Meta Platforms (META), Pan American Silver (PAAS), Argo Group International (ARGO), FirstCash (FCFS) and Kinsale Capital Group (KNSL).

Company Calendar

• Last Earnings: 9/04/2024
• Record date for 3/11 Dividend: 3/03/2025
• Dividend Payable: 3/11/2025
• Ex-Dividend for 3/11 Dividend: 3/12/2025
• Today: 5/01/2025
• Next Earnings (Estimated): 5/27/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Electronic Gaming & Multimedia
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:GDEV
• Previous Symbol: NASDAQ:GDEV
• CIK: 1848739
• Web: gdev.inc
• Phone: 357-2258-0040
• Fax: N/A
• Employees: 810
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $255.00
• High Stock Price Target: $440.00
• Low Stock Price Target: $70.00
• Potential Upside/Downside: +2,321.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.00
• Trailing P/E Ratio: 5.27
• Forward P/E Ratio: 10.32
• P/E Growth: 1.59
• Net Income: $46.12 million
• Net Margins: 9.13%
• Pretax Margin: N/A
• Return on Equity: -36.13%
• Return on Assets: 13.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.58
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $420.93 million
• Price / Sales: 0.45
• Cash Flow: $2.03 per share
• Price / Cash Flow: 5.19
• Book Value: ($5.06) per share
• Price / Book: -2.08

Miscellaneous

• Outstanding Shares: 18,130,000
• Free Float: 2,662,000
• Market Cap: $190.91 million
• Optionable: Not Optionable
• Beta: 0.66