NASDAQ:MOGO

Mogo - MOGO Stock Forecast, Price & News

$0.95

-0.02 (-2.06%)

(As of 10/6/2022 12:00 AM ET)

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Today's Range: $0.92
▼
$0.97
50-Day Range: $0.86
▼
$1.37
52-Week Range: $0.80
▼
$6.52

Volume: 38,390 shs
Average Volume: 423,477 shs
Market Capitalization: $72.15 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.35

Mogo MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 568.4% Upside
$6.35 Price Target
Short Interest: Healthy
1.37% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.49) to ($0.34) Per Share

Overall MarketRank^™

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

2.24 out of 5 stars

Business Services Sector

140th out of 325 stocks

Nondepository Credit Institutions Industry

21st out of 35 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 $6.35, Mogo has a forecasted upside of 568.4% from its current price of $0.95.
Amount of Analyst Coverage
Mogo has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.37% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Mogo has recently decreased by 21.18%, indicating that investor sentiment is improving 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.

2.1

News and Social Media Coverage

News Sentiment
Mogo has a news sentiment score of 0.85. 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 0.48 average news sentiment score of Business Services companies.
Search Interest
Only 3 people have searched for MOGO on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Mogo to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.0

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 Institutions
Only 15.53% 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 ($0.49) to ($0.34) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mogo is -0.75, 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 -0.75, 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 0.34. 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 (NASDAQ:MOGO) Stock

Mogo Inc. operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health. It offers Mogo app to access a digital spending account with Mogo Visa Platinum Prepaid Card; MogoCrypto that enables the buying and selling of bitcoin; MogoProtect, a free ID fraud protection and monthly credit score monitoring; MogoMortgage, a digital mortgage experience; and MogoMoney that provides access to personal loans. The company also offers Mogo Trade, a free stock trading platform with real-time stock quotes and funding; and Mogo Ventures to manage its existing investments in strategic partners and companies. In addition, it operates Carta, a digital payments software platform that enable financial technology companies, banks, and corporations to issue payment products to consumers via multiple channels, including physical, virtual, and tokenized cards, as well as payment switching and routing services. Mogo Inc. was founded in 2003 and is headquartered in Vancouver, Canada.

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MOGO Stock News Headlines

September 23, 2022 | streetinsider.com

Mobile Global Esports Announces Closing of $5.0 Million Private Placement Priced At-the-Market - StreetInsider.com

September 21, 2022 | seekingalpha.com

Mobile Global Esports stock tumbles amid $5M private placement (NASDAQ:MGAM) - Seeking Alpha

September 15, 2022 | finance.yahoo.com

Mogo to Participate in the BTIG Digital Assets Conference

September 14, 2022 | globenewswire.com

Dental Practice Management Global Market Report 2022 - GlobeNewswire

September 6, 2022 | msn.com

India's first Esports arena to launch in a university, MOGO in talks with more institutes

August 19, 2022 | finance.yahoo.com

2022/2023 India Collegiate Esports Tournament Season Announced by Mobile Global Esports – 200+ Universities Contending in 70 Tournaments, Plus 'Millionaire Squad Challenge' and Game Development Competition - Yahoo Finance

August 12, 2022 | streetinsider.com

Mobile Global Esports (NASDAQ:MGAM) Announces Exclusive Compression Technology Partnership for Upcoming Indian Esports Social-Gaming Platform - StreetInsider.com

August 11, 2022 | investing.com

Mogo Reports Q2 Net Loss of $9.48M By Investing.com - Investing.com

August 11, 2022 | seekingalpha.com

Mogo Finance Technology reports Q2 results (NASDAQ:MOGO) - Seeking Alpha

August 11, 2022 | finance.yahoo.com

Mogo Inc (MOGO) Reports Q2 Loss, Tops Revenue Estimates - Yahoo Finance

August 11, 2022 | businesswire.com

Mogo Reports Second Quarter 2022 Financial Results - Business Wire

August 9, 2022 | nasdaq.com

Doma Holdings, Inc. (DOMA) Reports Q2 Loss, Tops Revenue Estimates - Nasdaq

August 8, 2022 | nasdaq.com

Aterian (ATER) Reports Q2 Loss, Misses Revenue Estimates - Nasdaq

August 5, 2022 | theglobeandmail.com

Opinion: You would have lost less by avoiding crypto stocks and just buying bitcoin - The Globe and Mail

August 3, 2022 | seekingalpha.com

Mobile Global Esports, also known as Mogo, sees stock tumble 25% in wake of $6M IPO - Seeking Alpha

August 2, 2022 | seekingalpha.com

Newly public Mobile Global Esports stock plunges 40% after rallying 16% in prior session - Seeking Alpha

July 29, 2022 | streetinsider.com

Mobile Global Esports (MGAM) IPO Opens 13% Higher - StreetInsider.com

July 29, 2022 | finance.yahoo.com

Mogo Schedules Q2 2022 Earnings Conference Call

July 14, 2022 | nytimes.com

Amazon Prime Day 2022: The 220+ Best Prime Day Deals - The New York Times

June 27, 2022 | finance.yahoo.com

The past year for Mogo (TSE:MOGO) investors has not been profitable

June 23, 2022 | theglobeandmail.com

Mogo Inc stock advanced on Tuesday.

June 17, 2022 | seekingalpha.com

SoundHound and SWVL tops tech gainers; Mogo and GreenBox tops losers - Seeking Alpha

June 13, 2022 | seekingalpha.com

Mogo and Powerbridge Technologies tech gainers; MicroStrategy and BIT Mining losers - Seeking Alpha

May 17, 2022 | seekingalpha.com

Q2 and Mogo tops tech gainers; Embark Technology and Nerdy among losers - Seeking Alpha

May 12, 2022 | finance.yahoo.com

Mogo Reports First Quarter 2022 Financial Results - Yahoo Finance

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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MOGO Company Calendar

Last Earnings: 8/11/2022
Today: 10/06/2022
Next Earnings (Estimated): 11/09/2022
Fiscal Year End: 12/31/2022

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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: 344
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $6.35
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $3.75
Forecasted Upside/Downside: +568.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.26)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-26,500,000.00
Net Margins: -164.10%
Pretax Margin: -165.32%
Return on Equity: -20.83%
Return on Assets: -14.11%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 1.79
Quick Ratio: 1.79

Sales & Book Value

Annual Sales: $45.89 million
Price / Sales: 1.57
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.81 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 75,952,000
Free Float: N/A
Market Cap: $72.15 million
Optionable: Not Optionable
Beta: 2.91

Key Executives

Mr. David Marshall Feller (Age 54)
Founder, CEO & Chairman
Comp: $529.81k

Mr. Gregory Dean Feller (Age 54)
Pres, CFO & Director
Comp: $592.48k

Ms. Alice Davidson
Chief Legal Officer, VP & Gen. Counsel

Mr. Philip Barrar
Chief Innovation Officer

Mr. Allan Smith
Chief People Officer

Mr. Macully Clayton
VP of Product

Mr. Justin Carter
VP of Growth

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MOGO Stock - Frequently Asked Questions

Should I buy or sell Mogo stock right now?: 2 Wall Street equities research 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 equities research analysts is that investors should "buy" MOGO shares.
View MOGO analyst ratings or view top-rated stocks.
What is Mogo's stock price forecast for 2022?: 2 equities research analysts have issued twelve-month price objectives for Mogo's shares. Their MOGO share price forecasts range from $3.75 to $10.00. On average, they predict the company's stock price to reach $6.35 in the next twelve months. This suggests a possible upside of 568.4% 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 2022?: Mogo's stock was trading at $3.42 at the beginning of the year. Since then, MOGO stock has decreased by 72.2% and is now trading at $0.95.
View the best growth stocks for 2022 here.
When is Mogo's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our MOGO earnings forecast.
How were Mogo's earnings last quarter?: Mogo Inc. (NASDAQ:MOGO) posted its earnings results on Thursday, August, 11th. The company reported ($0.12) EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.03. The business earned $13.55 million during the quarter, compared to the consensus estimate of $13.38 million. Mogo had a negative trailing twelve-month return on equity of 20.83% and a negative net margin of 164.10%.
What guidance has Mogo issued on next quarter's earnings?: Mogo issued an update on its FY 2022 earnings guidance on Friday, September, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $54.07 million-$56.42 million, compared to the consensus revenue estimate of $56.28 million.

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).
What is Mogo's stock symbol?: Mogo trades on the NASDAQ under the ticker symbol "MOGO."
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.
What is Mogo's stock price today?: One share of MOGO stock can currently be purchased for approximately $0.95.
How much money does Mogo make?: Mogo (NASDAQ:MOGO) has a market capitalization of $72.15 million and generates $45.89 million in revenue each year. The company earns $-26,500,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis.
How many employees does Mogo have?: The company employs 344 workers across the globe.
How can I contact Mogo?: Mogo's mailing address is 2100-401 WEST GEORGIA STREET, VANCOUVER BC, V6B 5A1. The official website for the company is www.mogo.ca. The company can be reached via phone at (604) 659-4380 or via email at investors@mogo.ca.

This page (NASDAQ:MOGO) was last updated on 10/6/2022 by MarketBeat.com Staff

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Mogo - MOGO Stock Forecast, Price & News

Mogo MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month