Mogo Stock Forecast, Price & News

Mogo's stock was trading at $1.7166 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MOGO stock has increased by 31.7% and is now trading at $2.26.
View which stocks have been most impacted by COVID-19.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mogo in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Mogo.

Wall Street analysts have given Mogo a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Mogo wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Mogo is scheduled to release its next quarterly earnings announcement on Friday, March 26th 2021.
View our earnings forecast for Mogo.

Mogo Inc. (NASDAQ:MOGO) posted its earnings results on Wednesday, June, 3rd. The company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.28) by $0.06. The company had revenue of $10.37 million for the quarter, compared to analysts' expectations of $8.96 million. Mogo had a negative return on equity of 563.45% and a negative net margin of 42.51%.
View Mogo's earnings history.

5 brokerages have issued 12 month target prices for Mogo's shares. Their forecasts range from $3.00 to $4.00. On average, they anticipate Mogo's share price to reach $3.60 in the next year. This suggests a possible upside of 59.3% from the stock's current price.
View analysts' price targets for Mogo.

Mogo saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 149,300 shares, a decrease of 15.6% from the October 15th total of 176,800 shares. Based on an average daily volume of 1,500,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.8% of the shares of the stock are short sold.
View Mogo's Short Interest.

Some companies that are related to Mogo include CNFinance (CNF), America First Multifamily Investors (ATAX), Jiayin Group (JFIN), Security National Financial (SNFCA), Weidai (WEI), Medallion Financial (MFIN), Velocity Financial (VEL), X Financial (XYF), Elevate Credit (ELVT), Bit Digital (BTBT), Consumer Portfolio Services (CPSS), Senmiao Technology (AIHS), Fincera (YUANF), Hexindai (HX) and Harvest Capital Credit (HCAP).
View all competitors.

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), Cannabics Pharmaceuticals (CNBX) and Hallador Energy (HNRG).

Mogo trades on the NASDAQ under the ticker symbol "MOGO."

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

One share of MOGO stock can currently be purchased for approximately $2.26.

Mogo has a market capitalization of $65.86 million and generates $45.07 million in revenue each year. The company earns $-8,160,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis. Mogo employs 278 workers across the globe.

The official website for Mogo is www.mogo.ca.

Mogo's mailing address is 2100-401 WEST GEORGIA STREET, VANCOUVER BC, V6B 5A1. The company can be reached via phone at 604-659-4380 or via email at [email protected]