S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
California Gov. Gavin Newsom rejects bill that would have given unemployment checks to some striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
California Gov. Gavin Newsom rejects bill that would have given unemployment checks to some striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
California Gov. Gavin Newsom rejects bill that would have given unemployment checks to some striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
MarketBeat Week in Review – 9/25 - 9/29
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Laser breakthrough could send stock soaring 2,467% (Ad)
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
California Gov. Gavin Newsom rejects bill that would have given unemployment checks to some striking workers
NASDAQ:GROM

Grom Social Enterprises (GROM) Stock Forecast, Price & News

$1.37
+0.05 (+3.79%)
(As of 09/29/2023 ET)
Compare
Today's Range
$1.35
▼
$1.43
50-Day Range
$1.32
▼
$81.00
52-Week Range
$1.25
▼
$234.00
Volume
70,371 shs
Average Volume
559,489 shs
Market Capitalization
$619,240.00
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Grom Social Enterprises MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,359.9% Upside
$20.00 Price Target
Short Interest
Bearish
37.32% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.98mentions of Grom Social Enterprises in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

See Top Rated MarketRank™ Stocks Here

GROM stock logo

About Grom Social Enterprises (NASDAQ:GROM) Stock

Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company that focuses on delivering content in the United States. The company operates a social media network for children under the age of 13 years. It also produces animated films and televisions series; and provides web filtering services to schools and government agencies, as well as acquires, develops, and builds commercial potential of kids and family entertainment properties and associated business opportunities. Grom Social Enterprises, Inc. was founded in 2012 and is headquartered in Boca Raton, Florida.

GROM Price History

GROM Stock News Headlines

September 29, 2023 | finance.yahoo.com
Grom’s Award-winning Top Draw Animation Division Featured in CNN Philippines' Creative PH Special Examining Global Influence of Filipino Creative Industries
September 15, 2023 | seekingalpha.com
Grom Social closes ~$3M public offering of units
October 1, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
September 12, 2023 | finance.yahoo.com
Grom Social Enterprises, Inc. Announces Closing of $3.0 Million Public Offering
September 11, 2023 | benzinga.com
Why Grom Social Enterprises Stock Is Extremely Volatile Recently
September 9, 2023 | finance.yahoo.com
Courtside Group, Inc. Common Stock (PODC)
September 8, 2023 | marketwatch.com
Grom Social Enterprises Hits 52-Week Low After Public Offering Prices
September 8, 2023 | finance.yahoo.com
Grom Social Enterprises, Inc. Announces Pricing of $3.0 Million Public Offering
October 1, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
September 8, 2023 | investorplace.com
Why Is Grom Social Enterprises (GROM) Stock Down 53% Today?
September 6, 2023 | marketwatch.com
Grom Social Enterprises Up 15%; Reverse Split Announced
September 6, 2023 | finance.yahoo.com
Grom Social Enterprises, Inc. Announces 1-for-20 Reverse Stock Split
August 29, 2023 | msn.com
Grom Social's Top Draw Animation secures over $1.3M in new production assignments
August 24, 2023 | finance.yahoo.com
Jared Wolfson CEO of GROM Social Enterprises' Curiosity Ink Media.
August 23, 2023 | finance.yahoo.com
Is Grom Social Enterprises a Hidden Gem or a Value Trap? An In-Depth Analysis
August 21, 2023 | finance.yahoo.com
Curiosity Ink Media Enhances Holiday-Focused E-Commerce Destination, SANTA.COM
August 3, 2023 | finance.yahoo.com
Grom’s Curiosity Ink Media Announces September Production Start for Theatrical Release of Santa.com Animated Movie
August 2, 2023 | finance.yahoo.com
Grom’s Curiosity Ink Media Enters Production on New Global Preschool Entertainment Franchise, Hey Fuzzy Yellow!
July 10, 2023 | benzinga.com
EF Hutton Assumes Grom Social Enterprises at Buy, Announces Price Target of $0.6
June 26, 2023 | finance.yahoo.com
Grom’s Curiosity Ink Media and Dynamite Entertainment Bring Four Children's Titles to Booksellers Everywhere in Time for the Holidays!
June 26, 2023 | finance.yahoo.com
Grom’s Curiosity Ink Media and Dynamite Entertainment Bring Four Children's Titles to Booksellers Everywhere in Time for the Holidays!
May 18, 2023 | markets.businessinsider.com
Analysts Offer Insights on Technology Companies: Grom Social Enterprises (GROM) and Liberty LiLAC Group (LILAK)
May 18, 2023 | finance.yahoo.com
Grom’s Curiosity Ink Media Announces Licensing and Partnership Opportunities for Cats vs Pickles, Denver, the Last Dinosaur and Santa.com at International Licensing Expo 2023
April 27, 2023 | finance.yahoo.com
Grom’s Curiosity Ink Media and Toon2Tango Earn Prestigious Award Nominations at Stuttgart International Festival of Animated Film for Santa.com Screenplay
April 25, 2023 | technews.tmcnet.com
Grom's Curiosity Ink Media & WEP Announce Co-Production Partnership on Denver, The Last Dinosaur Feature Film
April 25, 2023 | finance.yahoo.com
Grom’s Curiosity Ink Media & WEP Announce Co-Production Partnership on Denver, The Last Dinosaur Feature Film
April 19, 2023 | msn.com
EF Hutton Maintains Grom Social Enterprises (GROM) Buy Recommendation
See More Headlines
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GROM Company Calendar

Last Earnings
8/18/2023
Today
10/01/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:GROM
CUSIP
N/A
CIK
1662574
Web
www.gromsocial.com
Phone
(561) 287-5776
Fax
N/A
Employees
90
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.00
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$20.00
Forecasted Upside/Downside
+1,359.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-16,330,000.00
Net Margins
-272.51%
Pretax Margin
-273.55%
Return on Equity
-68.89%
Return on Assets
-55.17%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.28
Quick Ratio
1.25

Sales & Book Value

Annual Sales
$5.21 million
Price / Sales
0.12
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$77.30 per share
Price / Book
0.02

Miscellaneous

Outstanding Shares
452,000
Free Float
451,000
Market Cap
$619,240.00
Optionable
Not Optionable
Beta
1.17
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Key Executives

  • Mr. Darren M. Marks (Age 55)
    Pres, CEO & Chairman
    Comp: $300k
  • Mr. Jason A. Williams (Age 49)
    CFO, Sec. & Treasurer
    Comp: $228k
  • Mr. Paul Ward
    Pres of Grom Social & Exec. VP
  • Brent Watts
    Chief Creative Officer at Curiosity Ink Media
  • Mr. Jon I. Rosenberg
    Exec. VP & Publisher of Curiosity Books
  • Mr. Russell Hicks
    Pres & Chief Content Officer of Curiosity Ink Media and Pres of Top Draw Animation
  • Mr. Jared Wolfson
    CEO of Curiosity Ink Media & Exec. VP for Top Draw Animation

Key Competitors

View All Competitors













GROM Stock - Frequently Asked Questions

Should I buy or sell Grom Social Enterprises stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grom Social Enterprises in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GROM shares.
View GROM analyst ratings or view top-rated stocks.

What is Grom Social Enterprises' stock price forecast for 2023?

1 Wall Street analysts have issued 12-month price targets for Grom Social Enterprises' shares. Their GROM share price forecasts range from $20.00 to $20.00. On average, they anticipate the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 1,359.9% from the stock's current price.
View analysts price targets for GROM or view top-rated stocks among Wall Street analysts.

How have GROM shares performed in 2023?

Grom Social Enterprises' stock was trading at $30.80 at the beginning of 2023. Since then, GROM stock has decreased by 95.6% and is now trading at $1.37.
View the best growth stocks for 2023 here.

Are investors shorting Grom Social Enterprises?

Grom Social Enterprises saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 165,500 shares, an increase of 536.5% from the August 31st total of 26,000 shares. Based on an average daily volume of 222,900 shares, the days-to-cover ratio is currently 0.7 days. Approximately 37.3% of the company's shares are sold short.
View Grom Social Enterprises' Short Interest.

When is Grom Social Enterprises' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our GROM earnings forecast.

How were Grom Social Enterprises' earnings last quarter?

Grom Social Enterprises, Inc. (NASDAQ:GROM) released its quarterly earnings results on Friday, August, 18th. The company reported ($5.40) earnings per share for the quarter. The business earned $0.96 million during the quarter. Grom Social Enterprises had a negative trailing twelve-month return on equity of 68.89% and a negative net margin of 272.51%.

When did Grom Social Enterprises' stock split?

Grom Social Enterprises shares reverse split on Thursday, September 7th 2023. The 1-20 reverse split was announced on Thursday, September 7th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, September 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What is Grom Social Enterprises' stock symbol?

Grom Social Enterprises trades on the NASDAQ under the ticker symbol "GROM."

How do I buy shares of Grom Social Enterprises?

Shares of GROM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Grom Social Enterprises' stock price today?

One share of GROM stock can currently be purchased for approximately $1.37.

How much money does Grom Social Enterprises make?

Grom Social Enterprises (NASDAQ:GROM) has a market capitalization of $619,240.00 and generates $5.21 million in revenue each year.

How can I contact Grom Social Enterprises?

The official website for the company is www.gromsocial.com. The company can be reached via phone at (561) 287-5776 or via email at investor.relations@gromsocial.com.

This page (NASDAQ:GROM) was last updated on 10/1/2023 by MarketBeat.com Staff

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