Should I buy or sell Mogo stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mogo in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MOGO shares. View MOGO analyst ratings or view top-rated stocks .

What is Mogo's stock price target for 2024?

2 Wall Street analysts have issued twelve-month price objectives for Mogo's stock. Their MOGO share price targets range from $4.50 to $8.00. On average, they predict the company's stock price to reach $6.25 in the next year. This suggests a possible upside of 363.0% from the stock's current price. View analysts price targets for MOGO or view top-rated stocks among Wall Street analysts .

How have MOGO shares performed in 2023?

Mogo's stock was trading at $1.5879 at the beginning of the year. Since then, MOGO shares have decreased by 15.0% and is now trading at $1.35. View the best growth stocks for 2023 here .

Are investors shorting Mogo?

Mogo saw a increase in short interest in November. As of November 15th, there was short interest totaling 338,500 shares, an increase of 23.9% from the October 31st total of 273,100 shares. Based on an average daily volume of 47,600 shares, the short-interest ratio is presently 7.1 days. Currently, 1.6% of the company's stock are short sold. View Mogo's Short Interest .

When is Mogo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024. View our MOGO earnings forecast .

How were Mogo's earnings last quarter?

Mogo Inc. (NASDAQ:MOGO) announced its earnings results on Wednesday, November, 10th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by $0.03. The firm earned $12.26 million during the quarter, compared to analysts' expectations of $11.26 million. Mogo had a negative trailing twelve-month return on equity of 16.08% and a negative net margin of 154.76%.

When did Mogo's stock split?

Shares of Mogo reverse split on Monday, August 14th 2023. The 1-3 reverse split was announced on Monday, August 14th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, August 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

What other stocks do shareholders of Mogo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mogo investors own include Bionano Genomics (BNGO) , Gran Tierra Energy (GTE) , Matinas BioPharma (MTNB) , Pennsylvania Real Estate Investment Trust (PEI) , Zosano Pharma (ZSAN) , ADMA Biologics (ADMA) , Enerplus (ERF) , Novan (NOVN) , CNBX Pharmaceuticals (CNBX) and Hallador Energy (HNRG) .

Who are Mogo's major shareholders?

Mogo's stock is owned by a variety of institutional and retail investors. Top institutional investors include Toroso Investments LLC (5.77%), Mariner LLC (1.98%), National Bank of Canada FI (0.07%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Mogo?

Shares of MOGO 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 .

Mogo Stock Price, News & Analysis (NASDAQ:MOGO)

$1.35

+0.09 (+7.14%)

(As of 11/28/2023 ET)

Compare

Today's Range: $1.23
▼
$1.42
50-Day Range: $1.02
▼
$1.66
52-Week Range: $0.95
▼
$2.96

Volume: 70,104 shs
Average Volume: 27,248 shs
Market Capitalization: $33.57 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.25

Mogo MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 363.0% Upside
$6.25 Price Target
Short Interest: Bearish
1.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.43
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.44) to ($0.40) Per Share

Overall MarketRank^™

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

1.97 out of 5 stars

Business Services Sector

168th out of 312 stocks

Nondepository Credit Institutions Industry

21st out of 46 stocks

3.5

Analyst's Opinion

Consensus Rating
Mogo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.25, Mogo has a forecasted upside of 363.0% from its current price of $1.35.
Amount of Analyst Coverage
Mogo has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.60% of the float of Mogo has been sold short.
Short Interest Ratio / Days to Cover
Mogo has a short interest ratio ("days to cover") of 7.1.
Change versus previous month
Short interest in Mogo has recently increased by 23.95%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Mogo does not currently pay a dividend.
Dividend Growth
Mogo does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MOGO.

1.9

News and Social Media Coverage

News Sentiment
Mogo has a news sentiment score of 0.43. 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 lower news sentiment than the 0.61 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Mogo this week, compared to 1 article on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mogo insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.30% of the stock of Mogo is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 38.63% of the stock of Mogo is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Mogo are expected to grow in the coming year, from ($0.44) to ($0.40) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mogo is -0.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mogo is -0.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Mogo has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mogo Stock (NASDAQ:MOGO)

Mogo Inc. operates as a digital finance company empowering its members with digital solutions in building wealth and achieve financial freedom. The company's trade app, MogoTrade, offers commission-free stock trading that helps users make impact with every investment. It also offers digital loans and mortgages. In addition, the company, through its subsidiary, Carta Worldwide, offer a digital payments platform that powers card programs from fintech companies in Europe and Canada. Mogo Inc. is based in Vancouver, Canada.

MOGO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MOGO Stock News Headlines

November 25, 2023 | msn.com

Get 62% Off Fitness Gear in The Amazon Black Friday Sale

November 24, 2023 | sports.yahoo.com

Black Friday XGIMI projector deals 2023

November 29, 2023 | Edge On The Street (Ad)

An Unusual Way to Invest in Gold

Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.

November 11, 2023 | finance.yahoo.com

Mogo Inc. (NASDAQ:MOGO) Q3 2023 Earnings Call Transcript

November 9, 2023 | msn.com

Mogo reports Q3 results; reaffirms FY23 outlook

October 30, 2023 | finance.yahoo.com

Mogo Comments on Recent Share Price Volatility

October 24, 2023 | msn.com

Eleving Group Issues €50 Million Guaranteed Bonds in Strategic Financial Maneuver

October 21, 2023 | msn.com

LHF Disciplinary Commission Reduces Lejnieks’ Disqualification

November 29, 2023 | Edge On The Street (Ad)

An Unusual Way to Invest in Gold

October 12, 2023 | finanznachrichten.de

Mobile Global Esports: MOGO Receives NASDAQ Extension to Comply with Bid Price Rule

October 12, 2023 | finance.yahoo.com

MOGO Receives NASDAQ Extension to Comply with Bid Price Rule

October 11, 2023 | finance.yahoo.com

Mogo to Participate in the Lytham Partners Fall 2023 Investor Conference

October 5, 2023 | markets.businessinsider.com

HC Wainwright & Co. Maintains Buy Rating for Mogo: Here's What You Need To Know

October 5, 2023 | finance.yahoo.com

Mogo Announces 2023 Share Buybacks

September 8, 2023 | msn.com

Xgimi’s ultra-portable MoGo 2 Pro projector is $120 off right now

September 4, 2023 | msn.com

XGIMI's Labor Day sales will get you up to $800 off its best projectors

August 25, 2023 | financialpost.com

Mogo Files Early Warning Report

August 24, 2023 | msn.com

Hand-raised gorilla Kaius reunited with primate family at Mogo Wildlife Park

August 23, 2023 | theglobeandmail.com

Closing Bell: Mogo Inc up on Wednesday (MOGO)

August 22, 2023 | finanznachrichten.de

Mobile Global Esports: MOGO Announces Participation in Upcoming Roadshows and Conferences

August 17, 2023 | finanznachrichten.de

Mobile Global Esports: MOGO Announces Hosting of Inaugural MOGO National Championship Event

August 17, 2023 | finance.yahoo.com

MOGO Announces Hosting of Inaugural MOGO National Championship Event

August 11, 2023 | markets.businessinsider.com

H.C. Wainwright Remains a Buy on Mogo Finance Technology (MOGO)

August 11, 2023 | finance.yahoo.com

Mogo Extends Innovative Marketing Agreement with Postmedia to End of 2024

August 9, 2023 | benzinga.com

A Preview Of Mogo's Earnings

August 3, 2023 | theglobeandmail.com

Closing Bell: Mogo Inc flat on Wednesday (MOGO)

August 3, 2023 | theglobeandmail.com

Closing Bell: Mogo Inc down on Tuesday (MOGO)

See More Headlines

Receive MOGO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mogo and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/10/2021
Today: 11/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:MOGO
CUSIP: N/A
CIK: 1602842
Web: www.mogo.ca
Phone: (604) 659-4380
Fax: N/A
Employees: 255
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.25
High Stock Price Target: $8.00
Low Stock Price Target: $4.50
Potential Upside/Downside: +363.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.9903)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-127,440,000.00
Net Margins: -154.76%
Pretax Margin: -158.25%
Return on Equity: -16.08%
Return on Assets: -7.64%

Debt

Debt-to-Equity Ratio: 0.43
Current Ratio: 1.61
Quick Ratio: 1.61

Sales & Book Value

Annual Sales: $53.03 million
Price / Sales: 0.63
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.41 per share
Price / Book: 0.40

Miscellaneous

Outstanding Shares: 24,870,000
Free Float: 21,811,000
Market Cap: $33.57 million
Optionable: Not Optionable
Beta: 2.68

Investing Strategies To Help Grow Your Retirement Income

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

Mr. David Marshall Feller (Age 55)
Founder, CEO & Chairman
Comp: $311.37k
Mr. Gregory Dean Feller (Age 55)
President, CFO & Director
Comp: $369.73k
Ms. Alice Davidson
Chief Legal Officer, VP & General Counsel
Mr. Allan Smith
Chief People Officer
Mr. Philip Barrar
Chief Innovation Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MOGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Mogo stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mogo in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MOGO shares.
View MOGO analyst ratings or view top-rated stocks.
What is Mogo's stock price target for 2024?: 2 Wall Street analysts have issued twelve-month price objectives for Mogo's stock. Their MOGO share price targets range from $4.50 to $8.00. On average, they predict the company's stock price to reach $6.25 in the next year. This suggests a possible upside of 363.0% from the stock's current price.
View analysts price targets for MOGO or view top-rated stocks among Wall Street analysts.
How have MOGO shares performed in 2023?: Mogo's stock was trading at $1.5879 at the beginning of the year. Since then, MOGO shares have decreased by 15.0% and is now trading at $1.35.
View the best growth stocks for 2023 here.
Are investors shorting Mogo?: Mogo saw a increase in short interest in November. As of November 15th, there was short interest totaling 338,500 shares, an increase of 23.9% from the October 31st total of 273,100 shares. Based on an average daily volume of 47,600 shares, the short-interest ratio is presently 7.1 days. Currently, 1.6% of the company's stock are short sold.
View Mogo's Short Interest.
When is Mogo's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024.
View our MOGO earnings forecast.
How were Mogo's earnings last quarter?: Mogo Inc. (NASDAQ:MOGO) announced its earnings results on Wednesday, November, 10th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.39) by $0.03. The firm earned $12.26 million during the quarter, compared to analysts' expectations of $11.26 million. Mogo had a negative trailing twelve-month return on equity of 16.08% and a negative net margin of 154.76%.

When did Mogo's stock split?: Shares of Mogo reverse split on Monday, August 14th 2023. The 1-3 reverse split was announced on Monday, August 14th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, August 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.
What other stocks do shareholders of Mogo own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mogo investors own include Bionano Genomics (BNGO), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), Pennsylvania Real Estate Investment Trust (PEI), Zosano Pharma (ZSAN), ADMA Biologics (ADMA), Enerplus (ERF), Novan (NOVN), CNBX Pharmaceuticals (CNBX) and Hallador Energy (HNRG).
Who are Mogo's major shareholders?: Mogo's stock is owned by a variety of institutional and retail investors. Top institutional investors include Toroso Investments LLC (5.77%), Mariner LLC (1.98%), National Bank of Canada FI (0.07%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
How do I buy shares of Mogo?: Shares of MOGO 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.

This page (NASDAQ:MOGO) was last updated on 11/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial