Motorsport Games Inc has a consensus price target of $3.5 based on the ratings of 4 analysts. The high is $5 issued by Canaccord Genuity on July 11, 2024. The low is $2 issued by DA Davidson on March 31, 2022. The 3 most-recent analyst ratings were released by Canaccord Genuity, DA Davidson, and Canaccord Genuity on July 11, 2024, March 31, 2022, and March 31, 2022, respectively. With an average price target of $4 between Canaccord Genuity, DA Davidson, and Canaccord Genuity, there's an implied 263.64% upside for Motorsport Games Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Motorsport Games (NASDAQ:MSGM) was reported by Canaccord Genuity on July 11, 2024. The analyst firm set a price target for $5.00 expecting MSGM to rise to within 12 months (a possible 354.55% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Motorsport Games (NASDAQ:MSGM) was provided by Canaccord Genuity, and Motorsport Games maintained their hold rating.
There is no last upgrade for Motorsport Games
The last downgrade for Motorsport Games Inc happened on February 1, 2023 when Noble Capital Markets changed their price target from N/A to N/A for Motorsport Games Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Motorsport Games, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Motorsport Games was filed on July 11, 2024 so you should expect the next rating to be made available sometime around July 11, 2025.
While ratings are subjective and will change, the latest Motorsport Games (MSGM) rating was a maintained with a price target of $5.00 to $5.00. The current price Motorsport Games (MSGM) is trading at is $1.10, which is out of the analyst’s predicted range.
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