The price prediction for Zedge (ZDGE) shares is as follows:
- Short-Term Forecast: The stock is expected to rise by 12.24% and reach $4.06 per share by September 2, 2024. The sentiment is neutral, and the Fear & Greed Index indicates fear, suggesting the stock may be undervalued1.
- Long-Term Predictions:
- For the year 2025, the predicted price is $4.32, representing a 19.16% increase from the current price1.
- By 2030, the stock is forecasted to reach $10.08, which would be a significant increase of 186.32% from its current price1.
- Analyst Ratings: The average price target from analysts is $7.00, which represents a substantial upside from the current price23. This suggests that analysts are generally optimistic about the stock's future performance.
- Market Performance: The stock has experienced a series of green days and has a moderate level of price volatility, which is indicative of a positive market sentiment1.
In summary, the price prediction for Zedge is positive, with potential for significant growth in the long term. The stock is currently undervalued according to the Fear & Greed Index, and analyst price targets indicate a strong upside potential.
8/28/2024 06:40pm
