FY2026 Earnings Forecast for Zedge Issued By Maxim Group

Zedge, Inc. (NYSEAMERICAN:ZDGE) – Stock analysts at Maxim Group issued their FY2026 earnings estimates for shares of Zedge in a research report issued to clients and investors on Friday, June 12th. Maxim Group analyst A. Klee forecasts that the company will earn $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 Trading Down 21.9%

Shares of NYSEAMERICAN ZDGE opened at $3.25 on Tuesday. Zedge has a 12-month low of $2.21 and a 12-month high of $4.89. The stock has a market cap of $40.69 million, a PE ratio of -36.11 and a beta of 1.26. The company has a 50-day moving average of $3.09 and a 200 day moving average of $3.11.

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

Zedge Dividend Announcement

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

Institutional Trading of Zedge

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall Wace LLP acquired a new stake in shares of Zedge during the 2nd quarter worth approximately $331,000. Bailard Inc. increased its holdings in shares of Zedge by 51.1% during the 4th quarter. Bailard Inc. now owns 60,100 shares of the company’s stock worth $197,000 after buying an additional 20,337 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Zedge by 2,923.0% during the 1st quarter. NewEdge Advisors LLC now owns 58,918 shares of the company’s stock worth $173,000 after buying an additional 56,969 shares during the last quarter. Hillsdale Investment Management Inc. increased its holdings in shares of Zedge by 1,982.8% during the 1st quarter. Hillsdale Investment Management Inc. now owns 50,653 shares of the company’s stock worth $148,000 after buying an additional 48,221 shares during the last quarter. Finally, Citadel Advisors LLC increased its holdings in shares of Zedge by 304.7% during the 3rd quarter. Citadel Advisors LLC now owns 49,520 shares of the company’s stock worth $144,000 after buying an additional 37,285 shares during the last quarter. Institutional investors and hedge funds own 29.37% of the company’s stock.

More Zedge News

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.