NIP Group: Maxim Group maintains a 'Buy' Rating, The Target Price is $6

AinvestTuesday, May 20, 2025 12:00 pm ET
1min read

Maxim Group maintains 'Buy' rating on NIP Group(NIPG).

The target price is $6, compare with $12 previously.

[Recent Rating]

DateAgencyChangeRatingRating (previously)Target PriceTarget Price(previously)
2025-05-20Maxim GroupMaintainsBuyBuy$6$12

[Recent Earning Results] Nip Group posted the Q4 of its 2024 financial results on 5/12/2025, reporting total revenue of USD 85.27 million for the year, up 1.91% from USD 83.67 million year over year, reporting net income of USD -12.69 million for the year, narrowing 4.32% from USD -13.26 million year over year.

[Company Profile] NIP Group Inc., formerly known as ESVF Esports Group Inc., was incorporated as an exempted company with limited liability in the Cayman Islands as holding company on February 5, 2021. The company is a leading esports organization with the most expansive global footprint by virtue of their operations across Asia, Europe and South America, according to the Frost & Sullivan Report. They were founded based on a passion for esports and belief that esports can create the same types of historical and legendary experiences and memories as traditional sports have for the past century.