Analysts Update Their Price Forecasts For Zedge Inc (ZDGE)

Zedge Inc (ZDGE) concluded trading on Thursday at a closing price of $2.80, with 2.58 million shares of worth about $7.24 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.45% during that period and on June 12, 2025 the price saw a gain of about 4.09%. Currently the company’s common shares owned by public are about 13.45M shares, out of which, 11.16M shares are available for trading.

Stock saw a price change of 7.28% in past 5 days and over the past one month there was a price change of 18.14%. Year-to-date (YTD), ZDGE shares are showing a performance of 4.09% which decreased to -6.98% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.73 but also hit the highest price of $4.37 during that period. The average intraday trading volume for Zedge Inc shares is 43.70K. The stock is currently trading 14.02% above its 20-day simple moving average (SMA20), while that difference is up 20.93% for SMA50 and it goes to 3.89% higher than SMA200.

Zedge Inc (AMEX: ZDGE) currently have 13.45M outstanding shares and institutions hold larger chunk of about 14.17% of that.

The stock has a current market capitalization of $38.83M and its 3Y-monthly beta is at 0.82. It has posted earnings per share of -$0.14 in the same period. It has Quick Ratio of 3.35 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ZDGE, volatility over the week remained 1.57% while standing at 3.37% over the month.

Stock’s fiscal year EPS is expected to drop by -61.54% while it is estimated to increase by 120.00% in next year. EPS is likely to grow at an annualized rate of 11.46% for next 5-years, compared to annual growth of -14.44% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Maxim Group on March 16, 2021 offering a Buy rating for the stock and assigned a target price range of between $19 and $24 to it. Coverage by Maxim Group stated Zedge Inc (ZDGE) stock as a Buy in their note to investors on February 11, 2021, suggesting a price target of $19 for the stock.

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