
VRAR Stock Forecast & Price Target
VRAR Analyst Ratings
Bulls say
The Glimpse Group anticipates revenues of approximately $3.5 million for the fourth quarter, reflecting a remarkable 100% increase year over year and quarter over quarter. The company's growth in spatial computing, particularly with investments from the Department of Defense, is expected to enhance its financial performance in the upcoming fiscal years. Furthermore, Glimpse is projected to achieve positive EBITDA in the fourth quarter, indicating strong operating leverage and a promising trajectory toward consistent profitability.
Bears say
The Glimpse Group faces significant risks related to increased competition within the immersive technology market, as the introduction of new products and services could lead to reduced profit margins and a loss of market share. Additionally, the company may struggle to maintain its competitive edge if it fails to deliver timely updates and adapt to the rapidly evolving technological landscape and changing customer preferences. These factors could have a materially adverse effect on Glimpse Group's overall business performance, financial condition, and results of operations.
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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