Zedge - ZDGE Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" ZDGE shares.
View ZDGE analyst ratings or view top-rated stocks.

1 brokerages have issued twelve-month target prices for Zedge's shares. Their ZDGE share price forecasts range from $16.00 to $16.00. On average, they anticipate the company's stock price to reach $16.00 in the next year. This suggests a possible upside of 384.8% from the stock's current price.
View analysts price targets for ZDGE or view top-rated stocks among Wall Street analysts.

Zedge's stock was trading at $7.56 on January 1st, 2022. Since then, ZDGE stock has decreased by 56.3% and is now trading at $3.30.
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Zedge saw a drop in short interest in the month of July. As of July 15th, there was short interest totaling 56,400 shares, a drop of 21.0% from the June 30th total of 71,400 shares. Based on an average daily volume of 83,400 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the company's stock are sold short.
View Zedge's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our ZDGE earnings forecast.

Zedge, Inc. (NYSEAMERICAN:ZDGE) released its earnings results on Monday, June, 13th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $6.23 million for the quarter. Zedge had a net margin of 31.52% and a trailing twelve-month return on equity of 21.08%.

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), CorMedix (CRMD), 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 many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.22%), Citadel Advisors LLC (0.00%), Meridian Wealth Management LLC (0.11%), Gunderson Capital Management Inc. (0.11%), Commonwealth Equity Services LLC (0.10%) and Jane Street Group LLC (0.07%). 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.
View institutional ownership trends.

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 $3.30.

Zedge (NYSEAMERICAN:ZDGE) has a market capitalization of $47.86 million and generates $19.57 million in revenue each year. The company earns $8.25 million in net income (profit) each year or $0.52 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.