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NASDAQ:MSGM

Motorsport Games - MSGM Stock Forecast, Price & News

$5.33
+0.18 (+3.50%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.02
$5.58
50-Day Range
$0.57
$8.99
52-Week Range
$4.29
$79.40
Volume
24,526 shs
Average Volume
22,973 shs
Market Capitalization
$9.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.53

Motorsport Games MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
33.7% Downside
$3.53 Price Target
Short Interest
Bearish
11.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
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.

1.06 out of 5 stars

MSGM stock logo

About Motorsport Games (NASDAQ:MSGM) Stock

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers video games for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. It also organizes and facilitates esports tournaments, competitions, and events for its licensed racing games, as well as on behalf of third-party racing game developers and publishers. The company sells its video game products through various retail and digital channels. Motorsport Games Inc. was founded in 2018 and is headquartered in Miami, Florida. Motorsport Games Inc. operates as a subsidiary of Motorsport Network LLC.

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MSGM Stock News Headlines

Stars ready to respect the Sebring bumps
Earnings Preview: Motorsport Games
What Is Going on With Motorsport Games (MSGM) Stock Today?
Motorsport Games Announces Content Update For rFactor 2
MSGM Motorsport Games Inc.
See More Headlines
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MSGM Company Calendar

Last Earnings
11/18/2022
Today
12/06/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MSGM
Fax
N/A
Employees
167
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.53
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$0.60
Forecasted Upside/Downside
-33.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$-33,160,000.00
Net Margins
-257.60%
Pretax Margin
-263.85%

Debt

Sales & Book Value

Annual Sales
$15.08 million
Book Value
$20.38 per share

Miscellaneous

Free Float
1,811,000
Market Cap
$9.95 million
Optionable
Not Optionable
Beta
-0.91

Key Executives

  • Mr. Dmitry Kozko (Age 38)
    CEO & Exec. Chairman
    Comp: $1.71M
  • Mr. John Delta (Age 60)
    Interim Chief Financial Officer













MSGM Stock - Frequently Asked Questions

Should I buy or sell Motorsport Games stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Motorsport Games in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MSGM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MSGM, but not buy additional shares or sell existing shares.
View MSGM analyst ratings
or view top-rated stocks.

What is Motorsport Games' stock price forecast for 2023?

5 brokerages have issued 1 year target prices for Motorsport Games' stock. Their MSGM share price forecasts range from $0.60 to $5.00. On average, they anticipate the company's stock price to reach $3.53 in the next twelve months. This suggests that the stock has a possible downside of 33.7%.
View analysts price targets for MSGM
or view top-rated stocks among Wall Street analysts.

How have MSGM shares performed in 2022?

Motorsport Games' stock was trading at $3.40 at the beginning of the year. Since then, MSGM stock has increased by 56.8% and is now trading at $5.33.
View the best growth stocks for 2022 here
.

Are investors shorting Motorsport Games?

Motorsport Games saw a increase in short interest in November. As of November 15th, there was short interest totaling 53,400 shares, an increase of 23.3% from the October 31st total of 43,300 shares. Based on an average daily trading volume, of 60,400 shares, the short-interest ratio is currently 0.9 days. Currently, 11.6% of the shares of the stock are sold short.
View Motorsport Games' Short Interest
.

How were Motorsport Games' earnings last quarter?

Motorsport Games Inc. (NASDAQ:MSGM) released its quarterly earnings results on Friday, November, 18th. The company reported ($7.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($4.90) by $2.39. The company earned $1.22 million during the quarter, compared to the consensus estimate of $2.85 million. Motorsport Games had a negative net margin of 257.60% and a negative trailing twelve-month return on equity of 140.22%.

When did Motorsport Games IPO?

(MSGM) raised $58 million in an initial public offering on Tuesday, January 12th 2021. The company issued 3,000,000 shares at $19.00-$20.00 per share. Canaccord Genuity and The Benchmark Company served as the underwriters for the IPO.

What is Motorsport Games' stock symbol?

Motorsport Games trades on the NASDAQ under the ticker symbol "MSGM."

Who are Motorsport Games' major shareholders?

Motorsport Games' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (6.54%), Vanguard Group Inc. (3.36%) and EMC Capital Management (3.02%).

How do I buy shares of Motorsport Games?

Shares of MSGM 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 Motorsport Games' stock price today?

One share of MSGM stock can currently be purchased for approximately $5.33.

How much money does Motorsport Games make?

Motorsport Games (NASDAQ:MSGM) has a market capitalization of $9.95 million and generates $15.08 million in revenue each year. The company earns $-33,160,000.00 in net income (profit) each year or ($32.59) on an earnings per share basis.

How many employees does Motorsport Games have?

The company employs 167 workers across the globe.

How can I contact Motorsport Games?

Motorsport Games' mailing address is 5972 NE 4TH AVENUE, MIAMI FL, 33137. The official website for the company is motorsportgames.com. The company can be reached via phone at 305-507-8799 or via email at investors@motorsportgames.com.

This page (NASDAQ:MSGM) was last updated on 12/6/2022 by MarketBeat.com Staff