GDEV Inc
GDEV

$26.31

1.42%

Market Cap: $476M

About: GDEV Inc is a gaming and entertainment company, that builds mobile, web, and social games. Its core product offering, Hero Wars, offers a suite of games across mobile, social, and web-based platforms. Its reportable segments Nexters Global Ltd engaged in Game development and publishing. Its geographic areas are Europe, Asia, the United States, and others.

Employees: 726

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

24% more capital invested

Capital invested by funds: $176K [Q1] → $218K (+$42.4K) [Q2]

0% more ownership

Funds ownership: 0.04% [Q1] → 0.04% (+0%) [Q2]

25% less funds holding

Funds holding: 4 [Q1] → 3 (-1) [Q2]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$60

128%

upside

Avg. target

$65

147%

upside

High target

$70

166%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Noble Capital Markets Michael Kupinski 60% 1-year accuracy 3 / 5 met price target	166%upside $70	Outperform Maintained	17 Sept 2024
Noble Capital Markets Michael Kupinski 60% 1-year accuracy 3 / 5 met price target	128%upside $60	Outperform Initiated	12 Aug 2024

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Financial journalist opinion

Based on 3 articles about GDEV published over the past 30 days

GDEV Announces an At-The-Market Offering

LIMASSOL, Cyprus, Sept. 12, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces today that it has entered into a Sales Agreement (the “Sales Agreement”) with Cantor Fitzgerald & Co. (“Cantor”) and Oppenheimer & Co. Inc. (“Oppenheimer,” and together with Cantor, the “Agents”), under which we may offer and sell, from time to time, 1,757,026 ordinary shares, no par value, of the Company, held in treasury (the “Shares”), through a designated Agent in an “at the market offering” (the “ATM Offering”), as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933.

GDEV Announces an At-The-Market Offering

GDEV Inc. (GDEV) Q2 2024 Earnings Call Transcript

GDEV Inc. (NASDAQ:GDEV ) Q2 2024 Earnings Conference Call September 4, 2024 9:00 AM ET Company Participants Andrey Fadeev - Founder, Chief Executive Officer Alexander Karavaev - Chief Financial Officer Roman Safiyulin - Chief Corporate Development Officer Conference Call Participants Martin Yang - Oppenheimer Vinay Bhardwaj - Cantor Fitzgerald Papy Bakayoko - Gestion Cristallin Operator Good day! And thank you for standing by.

GDEV Inc. (GDEV) Q2 2024 Earnings Call Transcript

GDEV Inc. to Announce Second Quarter 2024 Financial Results on September 4, 2024

LIMASSOL, Cyprus, Aug. 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces that its financial results for the second quarter ended June 30, 2024 will be released at 8:00 a.m. (Eastern Time) on Wednesday, September 4, 2024.

GDEV Inc. to Announce Second Quarter 2024 Financial Results on September 4, 2024

GDEV announces preliminary unaudited results for the first quarter 2024

LIMASSOL, Cyprus, May 28, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the first quarter ended March 31, 2024. Financial highlights: First quarter 2024: Revenue of $107 million decreased by 10% year-over-year.

GDEV announces preliminary unaudited results for the first quarter 2024

GDEV Inc. to Announce First Quarter 2024 Financial Results on May 28, 2024

LIMASSOL, Cyprus, May 22, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), announces that its financial results for the first quarter ended March 31, 2024 will be released at 4:00 p.m. (Eastern Time) on Tuesday, May 28, 2024.

GDEV Inc. to Announce First Quarter 2024 Financial Results on May 28, 2024

GDEV announces preliminary unaudited results for the fourth quarter and full year 2023

LIMASSOL, Cyprus, March 19, 2024 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its preliminary unaudited financial and operational results for the fourth quarter and full year ended December 31, 2023. Financial highlights: Fourth quarter 2023: Revenue of $109 million increased by 10% year-over-year.

GDEV announces preliminary unaudited results for the fourth quarter and full year 2023

GDEV announces final results of previously announced self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

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GDEV announces final results of previously announced self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

GDEV announces commencement of self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

Limassol, Cyprus, Dec. 19, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today announced the commencement of a tender offer by the Company to purchase for cash a minimum of 15,000,000 of its ordinary shares, no par value per ordinary share (each, a “share”) (the “Minimum Tender Condition”), up to a maximum of 20,000,000 shares, at a purchase price of $2.00 per share, net to the seller in cash, without interest, less any applicable withholding taxes, using funds available from cash and cash equivalents. The tender offer, proration period and withdrawal rights will expire at 5:00 p.m., Eastern Time, on January 18, 2024, unless the tender offer is extended (such date and time, as it may be extended, the “Expiration Time”). The board of directors of the Company (the “Board of Directors”) determined that the tender offer is a prudent use of the Company's financial resources given its current capitalization, cash balance and operational business profile, and that the tender offer presents an appropriate balance between meeting the needs of its business and delivering value to the Company's shareholders. The Board of Directors also determined that a cash tender offer is an appropriate mechanism to return capital to shareholders that seek liquidity under current market conditions while, at the same time, allowing shareholders to share in a higher portion of the Company's future potential.

GDEV announces commencement of self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

GDEV Announces Results for Third Quarter and First Nine Months of 2023

Limassol, Cyprus, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its unaudited financial and operational results for the third quarter and nine months ended September 30, 2023.

GDEV Announces Results for Third Quarter and First Nine Months of 2023

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