Argus Research Report Forecasts +180% Upside for Golden Matrix Group Inc. Shares
Argus Research Report Forecasts +180% Upside for Golden Matrix Group Inc. Shares
Key Takeaways (TLDR)
GMGI shares forecasted to have +180% upside potential with a $4.00 price target
Argus Research report values GMGI at 2.75x EV/Revenue multiple, projecting 2025 revenues of $200 million
GMGI's continued revenue growth and operational expansion contribute to making global markets more prosperous
GMGI's successful M&A track record and proprietary technology drive significant upside potential for investors
Why it Matters
This news matters because it provides valuable insights into the future prospects of GMGI shares, emphasizing the company's growth potential and strategic initiatives. Investors can benefit from the detailed analysis and projections presented in the report, guiding their investment decisions in the gaming technology sector.
Summary
Argus Research issues an equity research report on Golden Matrix Group Inc., reiterating a $4.00 fair value estimate for GMGI shares with significant upside potential. The report highlights continued revenue growth, operational expansion, and a 32% year-over-year increase in 2025 revenues.
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