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Nexters ( (GDEV) ) just unveiled an announcement.
On November 24, 2025, GDEV Inc. announced its financial results for the third quarter and first nine months of 2025. The company reported a 12% year-over-year decrease in revenue for the third quarter, amounting to $98 million, attributed to a decline in consumer spending and a strategic shift towards more disciplined marketing. Despite the revenue drop, GDEV achieved a net profit of $24 million, up from $15 million in the same quarter of the previous year, and an adjusted EBITDA of $26 million, reflecting improved operational efficiency and a focus on high-value user acquisition. The company’s strategic adjustments resulted in reduced selling and marketing expenses by 43%, highlighting a shift towards attracting higher-quality users.
The most recent analyst rating on (GDEV) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Nexters stock, see the GDEV Stock Forecast page.
Spark’s Take on GDEV Stock
According to Spark, TipRanks’ AI Analyst, GDEV is a Neutral.
The overall score reflects strong valuation metrics with an attractive P/E ratio and high dividend yield, offset by financial performance concerns due to declining revenues and negative equity. Technical indicators suggest bearish momentum, but potential for a rebound exists.
To see Spark’s full report on GDEV stock, click here.
More about Nexters
GDEV Inc. is an international gaming and entertainment company, listed on NASDAQ under the ticker GDEV. The company focuses on developing and distributing games and entertainment content, with a market presence spanning various platforms and geographies.
Average Trading Volume: 11,376
Technical Sentiment Signal: Hold
Current Market Cap: $374.2M
For a thorough assessment of GDEV stock, go to TipRanks’ Stock Analysis page.