Zedge - ZDGE Stock Forecast, Price & News

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

1 equities research analysts have issued 1 year price objectives for Zedge's shares. Their ZDGE share price forecasts range from $8.00 to $8.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 205.3% from the stock's current price.
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Zedge's stock was trading at $2.20 at the start of the year. Since then, ZDGE shares have increased by 19.1% and is now trading at $2.62.
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Zedge saw a decrease in short interest in December. As of December 30th, there was short interest totaling 49,400 shares, a decrease of 33.0% from the December 15th total of 73,700 shares. Based on an average trading volume of 63,000 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, March 13th 2023.
View our ZDGE earnings forecast.

Zedge, Inc. (NYSEAMERICAN:ZDGE) issued its quarterly earnings results on Monday, November, 14th. The company reported $0.31 EPS for the quarter. The company had revenue of $7.40 million for the quarter. Zedge had a trailing twelve-month return on equity of 18.04% and a net margin of 27.18%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zedge investors own include Ampio Pharmaceuticals (AMPE), Trevena (TRVN), Vista Gold (VGZ), Yamana Gold (AUY), Citigroup (C), Cinemark (CNK), Eastman Chemical (EMN), General Mills (GIS) and Gold Resource (GORO).

Zedge trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "ZDGE."

Zedge's stock is owned by a number of retail and institutional investors. Top institutional investors include Merit Financial Group LLC (0.45%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Elliot Gibber, Gregory Suess, Jonathan Reich, Justyn Russell Howard, Mark Ghermezian, Michael C Jonas, Paul Packer and Yi Tsai.
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Shares of ZDGE 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.
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One share of ZDGE stock can currently be purchased for approximately $2.62.

Zedge (NYSEAMERICAN:ZDGE) has a market capitalization of $37.34 million and generates $26.55 million in revenue each year. The company earns $9.71 million in net income (profit) each year or $0.51 on an earnings per share basis.

Zedge's mailing address is 22 Cortlandt St Fl 14, NEW YORK, NY 10007-3152, United States. The official website for the company is www.zedge.net. The company can be reached via phone at (330) 577-3424 or via email at ir@zedge.net.