
VRAR Stock Forecast & Price Target
VRAR Analyst Ratings
Bulls say
Glimpse Group Inc. is projected to achieve approximately $3.5 million in revenues for the fourth quarter, reflecting a 100% increase both year-over-year and quarter-over-quarter. The company is expected to generate positive EBITDA in the same quarter, indicating strong revenue growth and a favorable operating leverage that suggests a trajectory toward consistent profitability. Furthermore, Glimpse's involvement in early-stage contracts with the Department of Defense and its expanding opportunities in higher education further affirm the company's robust growth potential within the immersive technology sector.
Bears say
The outlook for Glimpse Group's stock is negatively influenced by the potential for increased competition within the immersive technology sector, which could lead to reduced profit margins and erosion of market share. The risk of failing to release timely updates and adapt to evolving technology and industry standards further compounds these concerns, potentially diminishing the competitiveness of the company's platforms. Such factors collectively pose a material risk to Glimpse Group's business, financial condition, and overall operational results.
This aggregate rating is based on analysts' research of The Glimpse Group and is not a guaranteed prediction by Public.com or investment advice.
VRAR Analyst Forecast & Price Prediction
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