
GAME Stock Forecast & Price Target
GAME Analyst Ratings
Bulls say
GameSquare Holdings Inc. has demonstrated substantial growth in viewership and engagement, particularly with FaZe Clan, which experienced a threefold increase in weekly viewership hours from April to July, alongside a significant rise in stream followers and total views. The company has raised its 2024 revenue outlook to a range of $105-110 million, reflecting a robust year-to-date performance marked by a 46% increase in average contract value and numerous contract wins. Additionally, GameSquare's expansion of customer relationships across various sectors positions it well to capitalize on increased marketing expenditures from global brands targeting younger audiences, reinforcing a positive trajectory for the company’s revenue growth.
Bears say
GameSquare Holdings, Inc. faces a challenging financial outlook due to several adverse factors including potential deterioration in macroeconomic conditions that could negatively affect advertising spending, which is crucial for the company's revenue. Additionally, the company has experienced weaker-than-expected fourth-quarter results and may struggle to achieve anticipated cost savings while facing increased competition that could erode pricing power. Lastly, difficulties in operational integration, particularly related to FaZe Clan, pose risks of inefficiencies and increased costs that could further hinder the company’s growth strategies and market performance.
This aggregate rating is based on analysts' research of Engine Media Holdings and is not a guaranteed prediction by Public.com or investment advice.
GAME Analyst Forecast & Price Prediction
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