Curated News
By: NewsRamp Editorial Staff
May 23, 2025
Argus Research Report Forecasts +180% Upside for Golden Matrix Group Inc. Shares
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
Impact - 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.
Source Statement
This curated news summary relied on this press release disributed by Reportable. Read the source press release here, Argus Research Report Forecasts +180% Upside for Golden Matrix Group Inc. Shares
