FY2026 Earnings Estimate for Zedge Issued By Maxim Group

Zedge, Inc. (NYSEAMERICAN:ZDGE) – Analysts at Maxim Group issued their FY2026 EPS estimates for Zedge in a research note issued to investors on Friday, June 12th. Maxim Group analyst A. Klee anticipates that the company will post earnings of $0.31 per share for the year. Maxim Group also issued estimates for Zedge’s Q4 2026 earnings at $0.04 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.08 EPS, Q3 2027 earnings at $0.06 EPS, Q4 2027 earnings at $0.06 EPS, FY2027 earnings at $0.27 EPS, Q1 2028 earnings at $0.08 EPS, Q2 2028 earnings at $0.08 EPS, Q3 2028 earnings at $0.06 EPS and FY2028 earnings at $0.28 EPS.

Zedge Stock Down 21.9%

ZDGE stock opened at $3.25 on Tuesday. The stock has a market capitalization of $40.69 million, a P/E ratio of -36.11 and a beta of 1.26. The firm has a 50-day simple moving average of $3.09 and a 200-day simple moving average of $3.11. Zedge has a 52 week low of $2.21 and a 52 week high of $4.89.

Zedge (NYSEAMERICAN:ZDGE) last released its earnings results on Thursday, June 11th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $7.99 million during the quarter, compared to analysts’ expectations of $7.00 million. Zedge had a negative net margin of 3.62% and a positive return on equity of 11.10%.

Institutional Trading of Zedge

A number of institutional investors and hedge funds have recently modified their holdings of ZDGE. Marshall Wace LLP purchased a new stake in shares of Zedge during the second quarter worth about $331,000. NewEdge Advisors LLC increased its stake in shares of Zedge by 2,923.0% during the first quarter. NewEdge Advisors LLC now owns 58,918 shares of the company’s stock worth $173,000 after purchasing an additional 56,969 shares in the last quarter. HRT Financial LP purchased a new stake in Zedge during the 4th quarter valued at about $158,000. Hillsdale Investment Management Inc. grew its stake in Zedge by 1,982.8% during the 1st quarter. Hillsdale Investment Management Inc. now owns 50,653 shares of the company’s stock valued at $148,000 after acquiring an additional 48,221 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in Zedge by 304.7% during the 3rd quarter. Citadel Advisors LLC now owns 49,520 shares of the company’s stock valued at $144,000 after acquiring an additional 37,285 shares in the last quarter. Hedge funds and other institutional investors own 29.37% of the company’s stock.

Zedge Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Monday, June 22nd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.5%. Zedge’s payout ratio is currently -8.96%.

Trending Headlines about Zedge

Here are the key news stories impacting Zedge this week:

• Positive Sentiment: Maxim Group reiterated a constructive outlook by projecting positive EPS across several future quarters and fiscal years, signaling expectations for continued earnings growth. Analysts Are Bullish on These Communication Services Stocks: Zedge (ZDGE), Echostar (SATS)
• Neutral Sentiment: The new coverage mostly refined long-term earnings estimates rather than announcing a major business change, acquisition, or product catalyst, so the immediate stock impact may be limited.
• Neutral Sentiment: Recent reported quarterly results had already shown Zedge beating EPS and revenue expectations, which likely remains part of the broader bullish narrative for the stock.

Zedge Company Profile

Zedge, Inc (NYSE American: ZDGE) is a digital media and technology company that operates a mobile personalization platform. Through its flagship Zedge app and website, the company provides consumers with a wide range of downloadable digital content, including wallpapers, ringtones, notification sounds, app icons and lock screens. The platform accommodates both free and premium content, enabling users to customize their smartphones and tablets according to personal taste.

The company’s platform features content created by independent designers and established media brands, and it supports multiple languages and regional preferences.