GDEV reported a decline in revenue for the first quarter of 2025, with figures dropping by $10 million compared to the previous year, resulting in total revenue of $97 million. This downturn was largely due to a $5 million reduction in revenue from bookings made in previous periods, which had contributed more significantly to revenue in the first quarter of 2024. Additionally, there was a notable $28 million decrease in bookings for the current quarter when compared to the same timeframe in 2024, further impacting the company's financial performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for GDEV Inc (GDEV, Financial) is $57.00 with a high estimate of $70.00 and a low estimate of $44.00. The average target implies an upside of 277.23% from the current price of $15.11. More detailed estimate data can be found on the GDEV Inc (GDEV) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, GDEV Inc's (GDEV, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for GDEV Inc (GDEV, Financial) in one year is $44.47, suggesting a upside of 194.31% from the current price of $15.11. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the GDEV Inc (GDEV) Summary page.
