Streetbeat News

GDEV

GDEV Inc.

Industry

Electronic Gaming & Multimedia

GDEV Inc. operates as a gaming and entertainment company in the United States, Europe, Asia, and internationally. It develops desktop, mobile, web, and social games. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.

Open

18.55

Mkt cap

338M

Volume

9.2K

High

18.80

P/E Ratio

7.61

52-wk high

42.76

Low

18.50

Div yield

N/A

52-wk low

17.47

GDEV Inc. (GDEV) has experienced a significant decline of 15.68% over the past four weeks. However, the stock is now in oversold territory, and with Wall Street analysts raising earnings estimates, a trend reversal may be imminent.

Portfolio Pulse from

December 03, 2024 | 3:45 pm

The article compares the performance of GDEV Inc. (GDEV) and Paramount Global (PARAA) against their consumer discretionary sector peers for the year.

Portfolio Pulse from

November 19, 2024 | 4:00 pm

GDEV Inc. held its Q3 2024 earnings conference call, discussing financial performance and company developments.

Portfolio Pulse from

November 15, 2024 | 4:15 am

GDEV Inc. reported Q3 earnings of $0.79 per share, surpassing the Zacks Consensus Estimate of $0.38. However, this is a decrease from last year's $1.20 per share.

Portfolio Pulse from

November 14, 2024 | 5:15 pm

GDEV Inc. released its unaudited financial results for Q3 and the first nine months of 2024, showing sequential revenue growth despite industry pressure.

Portfolio Pulse from

November 14, 2024 | 1:15 pm

GDEV Inc. announces that Olga Loskutova will step down from the Board of Directors to become the Chief Operating Officer, aiming to enhance operational efficiency and support global growth. The Board will now have six members, with Tal Shoham taking Olga's previous committee seat.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 12:12 pm

The article highlights three oversold stocks in the communication services sector with potential for recovery: GD Culture Group Ltd (GDC), Paltalk Inc (PALT), and GDEV Inc (GDEV). GDC announced a strategic partnership to expand its AI creator community, PALT received a favorable court judgment in a patent lawsuit, and GDEV received an analyst rating upgrade with a higher price target.

Portfolio Pulse from Avi Kapoor

October 29, 2024 | 1:41 pm

Noble Capital Markets has maintained an 'Outperform' rating on GDEV and raised its price target from $60 to $70, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 4:43 pm

GDEV shares are trading higher following the announcement of an offering of 1.757 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:12 pm

GDEV plans to offer and sell 1.757 million ordinary shares held in treasury through an at-the-market offering. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:08 pm

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