Roth Capital initiates coverage on GrabAGun Digital with a Buy rating and PT of $8.25.

Roth Capital initiates coverage on GrabAGun Digital with a Buy rating and PT of $8.25.

Roth Capital Partners has initiated coverage on GrabAGun Digital (NASDAQ: GAGD) with a Buy rating and a price target of $8.25. The investment research firm, known for its detailed analysis and accurate forecasts, anticipates significant growth for the digital media company.

GrabAGun Digital specializes in the acquisition, distribution, and monetization of live music, Internet radio, podcasting, and music-related streaming and video content. The company operates a live music streaming platform, a podcasting platform, and an integrated membership and advertising streaming music service, as well as produces original music-related content.

Roth Capital Partners' analyst, S. Mcgowan, has projected that GrabAGun Digital will earn $0.07 per share for the fiscal year ending 2028, which is slightly below the current consensus estimate of $0.10 per share FY2028 Earnings Forecast for LiveOne Issued By Roth Capital^[1]. The stock has seen a recent drop of 8.6%, opening at $0.53 with a market cap of approximately $60.59 million.

Separately, Wall Street Zen downgraded shares of GrabAGun Digital from a "hold" rating to a "sell" rating in a research note on Sunday, July 13th. However, the consensus rating for GrabAGun Digital remains "Buy" with a consensus price target of $1.40 FY2028 Earnings Forecast for LiveOne Issued By Roth Capital^[1].

Several institutional investors have shown interest in GrabAGun Digital. Catalyst Funds Management Pty Ltd bought a new stake in the second quarter, valued at approximately $25,000. Price T Rowe Associates Inc. MD boosted its position by 63.0% during the fourth quarter, now owning 35,954 shares worth $53,000. Apollon Wealth Management LLC also acquired a new stake in the second quarter, valued at approximately $27,000 FY2028 Earnings Forecast for LiveOne Issued By Roth Capital^[1].

GrabAGun Digital's recent earnings report showed earnings per share of $0.04 for the quarter ending August 13th, slightly topping the consensus estimate of $0.05. The company reported revenue of $19.21 million, compared to the consensus estimate of $24.30 million FY2028 Earnings Forecast for LiveOne Issued By Roth Capital^[1].