Zedge Inc (ZDGE) is set to release its Q4 2024 earnings on Oct 29, 2024. The consensus estimate for Q4 2024 revenue is $7.86 million, and the earnings are expected to come in at $0.01 per share. The full year 2024's revenue is expected to be $30.36 million and the earnings are expected to be -$0.63 per share. More detailed estimate data can be found on the Forecast page.

Zedge Inc (ZDGE) Estimates Trends

• Warning! GuruFocus has detected 3 Warning Sign with ZDGE.

Over the past 90 days, revenue estimates for Zedge Inc (ZDGE) have remained steady at $30.36 million for the full year 2024 and at $34.00 million for 2025. Earnings estimates have also remained consistent at -$0.63 per share for the full year 2024 and at $0.04 per share for 2025.

Zedge Inc (ZDGE) Reported History

In the previous quarter of April 30, 2024, Zedge Inc's (ZDGE) actual revenue was $7.66 million, which beat analysts' revenue expectations of $7.18 million by 6.6%. Zedge Inc's (ZDGE) actual earnings were $0.01 per share, which beat analysts' earnings expectations of -$0.02 per share by 150%. After releasing the results, Zedge Inc (ZDGE) was up by 12.62% in one day.

Zedge Inc (ZDGE) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for Zedge Inc (ZDGE) is $7 with a high estimate of $7 and a low estimate of $7. The average target implies an upside of 127.27% from the current price of $3.08.

Based on GuruFocus estimates, the estimated GF Value for Zedge Inc (ZDGE) in one year is $3.56, suggesting an upside of 15.58% from the current price of $3.08.

Based on the consensus recommendation from 1 brokerage firm, Zedge Inc's (ZDGE) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.