Zedge Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 148/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 5.00.In the medium term, the stock price is expected to remain stable.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Zedge Inc's Score
Industry at a Glance
Industry Ranking
148 / 482
Overall Ranking
232 / 4582
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
5.000
Target Price
+90.84%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Zedge Inc Highlights
StrengthsRisks
Zedge, Inc. specializes in digital marketplaces and interactive games. Its ecosystem of product offerings includes the Zedge Marketplace, a freemium marketplace offering mobile phone wallpapers, video wallpapers, ringtones, notification sounds; and pAInt, a generative artificial intelligence (AI) image maker; GuruShots, a skill-based photo challenge game, and Emojipedia. Its platform allows creators to upload content to its marketplace and avail it to its users either for free or, via Zedge Premium, the section of its marketplace where it offers premium content for purchase. Its users utilize the content to personalize their phones and express their individuality. Its pAInt product uses AI to create images from text descriptions. GuruShots utilizes a Free-to-Play business model and generates revenue through in-app purchases of virtual currency. Players can use this currency to unlock competitions or gain an edge by purchasing resources and participating in additional gameplay.
Growing
The company is in a growing phase, with the latest annual income totaling USD 29.40M.
Undervalued
The company’s latest PE is -36.62, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.41M shares, decreasing 0.98% quarter-over-quarter.
Zedge, Inc. specializes in digital marketplaces and interactive games. Its ecosystem of product offerings includes the Zedge Marketplace, a freemium marketplace offering mobile phone wallpapers, video wallpapers, ringtones, notification sounds; and pAInt, a generative artificial intelligence (AI) image maker; GuruShots, a skill-based photo challenge game, and Emojipedia. Its platform allows creators to upload content to its marketplace and avail it to its users either for free or, via Zedge Premium, the section of its marketplace where it offers premium content for purchase. Its users utilize the content to personalize their phones and express their individuality. Its pAInt product uses AI to create images from text descriptions. GuruShots utilizes a Free-to-Play business model and generates revenue through in-app purchases of virtual currency. Players can use this currency to unlock competitions or gain an edge by purchasing resources and participating in additional gameplay.
Ticker SymbolZDGE
CompanyZedge Inc
CEOReich (Jonathan)
Websitehttps://www.zedge.net/
FAQs
What is the current price of Zedge Inc (ZDGE)?
The current price of Zedge Inc (ZDGE) is 3.260.
What is the symbol of Zedge Inc?
The ticker symbol of Zedge Inc is ZDGE.
What is the 52-week high of Zedge Inc?
The 52-week high of Zedge Inc is 4.890.
What is the 52-week low of Zedge Inc?
The 52-week low of Zedge Inc is 1.728.
What is the market capitalization of Zedge Inc?
The market capitalization of Zedge Inc is 43.09M.
What is the net income of Zedge Inc?
The net income of Zedge Inc is -2.39M.
Is Zedge Inc (ZDGE) currently rated as Buy, Hold, or Sell?
According to analysts, Zedge Inc (ZDGE) has an overall rating of Buy, with a price target of 5.000.
What is the Earnings Per Share (EPS TTM) of Zedge Inc (ZDGE)?
The Earnings Per Share (EPS TTM) of Zedge Inc (ZDGE) is -0.174.