Allied Gaming & Entertainment (AGAE)
NASDAQ:AGAE
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Allied Gaming & Entertainment
(NASDAQ:AGAE)
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Rating:42Neutral
Price Target:
$0.27
▼(-28.11% Downside)
Action:ReiteratedDate:02/04/26
The score is weighed down primarily by very weak fundamentals—deep losses, near-zero margins, and heavy ongoing cash burn—alongside a pronounced downtrend in the stock. Valuation is constrained by negative earnings, and corporate events add risk due to the Nasdaq delisting warning despite some supportive governance developments.
Positive Factors
Balance sheet support
Manageable leverage and positive equity provide a durable financial buffer against ongoing losses. This balance-sheet position reduces near-term refinancing risk, preserves the company’s ability to raise capital or restructure financing, and supports continued operations while management works to convert growth into profit.
Negative Factors
Cash burn & weak margins
Persistent negative operating and free cash flow and a large TTM cash burn threaten the company’s ability to fund operations internally. Continued cash consumption increases reliance on external financing, dilutive capital raises, or asset sales, constraining investment in product development and long‑term growth initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet support
Manageable leverage and positive equity provide a durable financial buffer against ongoing losses. This balance-sheet position reduces near-term refinancing risk, preserves the company’s ability to raise capital or restructure financing, and supports continued operations while management works to convert growth into profit.
Read all positive factors
Allied Gaming & Entertainment (AGAE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$11.54M
Dividend YieldN/A
Average Volume (3M)4.15M
Price to Earnings (P/E)―
Beta (1Y)1.22
Revenue Growth-14.24%
EPS Growth-104.12%
CountryUS
Employees73
SectorCommunication Services
Sector Strength97
IndustryEntertainment
Share Statistics
EPS (TTM)-0.14
Shares Outstanding37,706,930
10 Day Avg. Volume292,240
30 Day Avg. Volume4,151,712
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.40
Price to Sales (P/S)3.20
P/FCF Ratio-2.39
Enterprise Value/Market Cap3.11
Enterprise Value/Revenue4.52
Enterprise Value/Gross Profit21.92
Enterprise Value/Ebitda-1.72
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Allied Gaming & Entertainment Business Overview & Revenue Model
Company Description
Allied Gaming & Entertainment Inc. provides entertainment and gaming products worldwide. It operates esports properties to connect players and fans through a network of connected arenas; a flagship gaming arena located at the Luxor Hotel in Las Ve...
How the Company Makes Money
AGAE generates revenue through multiple streams, primarily from its online gaming platforms and sports betting operations. The company earns money by taking a percentage of the wagers placed by users, as well as through transaction fees associated...
Allied Gaming & Entertainment Earnings Call Summary
Earnings Call Date:Nov 14, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:May 25, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted significant revenue growth and strategic initiatives like the World Mahjong Tour and new investments, but these were offset by increased costs and a notable net loss for the quarter. The sentiment is mixed, with both promising achievements and financial challenges.Positive Updates
Strong Revenue Growth
Achieved 93% revenue growth in Q3 2024 compared to Q3 2023, driven by higher casual mobile gaming revenues and increased in-person revenues at HyperX and Oman mobile arenas.
Negative Updates
Increased Costs and Expenses
Total costs and expenses rose to $3.3 million from $1.8 million in the previous year, due to investments and a reduction in payroll tax expense recorded in the prior year.
Read all updates
Q3-2024 Updates
Positive
Negative
Strong Revenue Growth
Achieved 93% revenue growth in Q3 2024 compared to Q3 2023, driven by higher casual mobile gaming revenues and increased in-person revenues at HyperX and Oman mobile arenas.
Read all positive updates
Company Guidance
During the third quarter of 2024, Allied Gaming & Entertainment, Inc. achieved significant progress, marked by a 93% increase in revenue compared to the same quarter in 2023, totaling $2.2 million. This growth was driven by higher revenues from casual mobile gaming and increased demand at their HyperX and Oman mobile arenas. Despite the revenue boost, the company reported a net loss of $4.0 million, largely due to a $3 million settlement loss with BPR Cumulus LLC and a $1.2 million unrealized foreign currency transaction loss, although some of this was later reversed. The adjusted EBITDA loss improved to $0.1 million from $0.3 million in the prior year. Cash and short-term investments reached $80.2 million as of September 30, 2024, with a working capital surplus of $62.8 million, reflecting the financial impact of the settlement agreement. The company is optimistic about future growth with initiatives like the World Mahjong Tour and strategic investments in mobile gaming.Allied Gaming & Entertainment Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
9
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.94M | 9.08M | 7.66M | 6.35M | 4.96M | 3.21M |
| Gross Profit | 1.64M | 2.71M | 2.86M | 1.25M | 880.79K | 347.90K |
| EBITDA | -20.85M | -11.79M | -5.10M | -8.76M | -12.47M | -36.63M |
| Net Income | -22.24M | -16.76M | -3.44M | -10.82M | 62.87M | -45.06M |
Balance Sheet | ||||||
| Total Assets | 106.77M | 113.24M | 112.02M | 97.73M | 105.80M | 61.90M |
| Cash, Cash Equivalents and Short-Term Investments | 55.95M | 71.53M | 72.82M | 81.17M | 92.89M | 424.22K |
| Total Debt | 39.56M | 31.36M | 16.27M | 7.75M | 0.00 | 4.91M |
| Total Liabilities | 49.87M | 35.71M | 18.61M | 9.83M | 7.16M | 28.49M |
| Stockholders Equity | 52.38M | 73.01M | 82.75M | 87.90M | 98.65M | 33.41M |
Cash Flow | ||||||
| Free Cash Flow | -5.31B | -12.13M | -9.19M | -11.03M | -10.27M | -5.53M |
| Operating Cash Flow | -2.18B | -9.77M | -8.14M | -10.93M | -10.08M | -5.17M |
| Investing Cash Flow | 7.54M | 23.81M | 6.13M | -70.14M | 105.86M | -5.51M |
| Financing Cash Flow | -3.24M | 23.93M | 7.15M | -610.56K | -3.42M | 9.16M |
Allied Gaming & Entertainment Technical Analysis
Positive
0.37
Price Trends
0.30
Positive
0.34
Negative
0.82
Negative
Market Momentum
>-0.01
Negative
53.83
Neutral
57.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AGAE, the sentiment is Positive. The current price of 0.37 is above the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.30, and below the 200-day MA of 0.82, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.83 is Neutral, neither overbought nor oversold. The STOCH value of 57.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AGAE.
Allied Gaming & Entertainment Risk Analysis
Allied Gaming & Entertainment disclosed 49 risk factors in its most recent earnings report. Allied Gaming & Entertainment reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Allied Gaming & Entertainment Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
55 Neutral | $52.39M | -10.97 | -24.20% | ― | 77.29% | 97.98% | |
52 Neutral | $54.05M | -3.34 | 128.06% | ― | -32.17% | -135.06% | |
43 Neutral | $33.80M | -1.47 | -92.72% | ― | 22.84% | 46.18% | |
42 Neutral | $11.54M | -1.64 | -35.18% | ― | -14.24% | -104.12% | |
41 Neutral | $38.57M | -1.69 | 100.56% | ― | 7.11% | 69.85% |
* Communication Services Sector Average
AGAE
Allied Gaming & Entertainment
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Allied Gaming & Entertainment Corporate Events
Business Operations and StrategyShareholder Meetings
Allied Gaming Shareholders Back Board’s Rights Plan Stance
Positive
Feb 4, 2026
On January 30, 2026, Allied Gaming Entertainment held a special meeting where shareholders decisively endorsed, via non-binding advisory vote, the board’s conclusion that Knighted Pastures LLC, Roy Choi, and affiliates became an acquiring p...
Delistings and Listing Changes
Allied Gaming Faces Nasdaq Delisting Warning
Negative
Nov 10, 2025
On November 4, 2025, Allied Gaming Entertainment Inc. was notified by Nasdaq that its stock price had been below the required $1.00 per share for 30 consecutive business days, risking its listing status. The company has until May 4, 2026, to comp...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.