Stock·NASDAQ·Consumer Cyclical
Golden Matrix Group, Inc. (MRDN)
- Market cap
- $128.59M
- Dividend yield
- None
- Street target
- $17.00median of 2 analysts
- 52-week range
- $5.80 $16.09
MRDN stock forecast today
Where MRDN stands today, and what CleaRank Financial AI makes of it.
MRDN at a glance
Golden Matrix Group, Inc. (MRDN): Sell, 37/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($12.72 and $10.83).
- Insiders Insiders sold $1.8M and bought $30K over the last 18 months.
Figures as of October 26, 2026.
CleaRank Financial AI
CleaRank rates Golden Matrix Group, Inc. (MRDN) Sell, with a model score of 37/100.
Revenue growth lifts the score most: revenue grew 16.10%, 8.9 percentage points faster than the sector median. Momentum holds it back most: the 14-day RSI of 30.8 is in the bearish zone and the MACD line is negative. The trend is down: MRDN trades 20.27% below its 50-day average of $12.72 and 6.41% below its 200-day average of $10.83. Over the past year the price fell 17.96%.
Only on CleaRank
Figures we compute ourselves from MRDN's own price, earnings and insider-filing history. Tap one to see it in context.
MRDN stock price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
1/4Price above its 50-day average ›
The price of $10.14 is 20.3% below the 50-day simple moving average of $12.72.Price above its 200-day average ›
The price is 6.4% below the 200-day simple moving average of $10.83.50-day average above the 200-day ›
The 50-day average ($12.72) is 17.4% above the 200-day average ($10.83), the arrangement of a rising longer-term trend.In the upper half of its 52-week range ›
The price sits at 42% of its 52-week range, between $5.80 and $16.09.
MRDN share price
Pick a period: each tab shows how far MRDN has moved over it, to the last close.
Today's trading
Where MRDN sits inside today's range and its 52-week range.
MRDN fundamentals and valuation
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
1/2P/S below the sector median ›
The price-to-sales ratio of 0.65 is 65.7% below the sector median of 1.9.Profitable over the last 12 months ›
Net income over the last 12 months was -$81.7M on revenue of $197.2M, a net margin of -41.4%.
Key statistics
The headline figures for MRDN.
As of October 26, 2026, MRDN trades at $10.14, with a market value of $128.59M and no P/E ratio (its trailing earnings are negative).
What the numbers say
CleaRank Financial AI's reading of MRDN's valuation, growth and risks.
MRDN carries no meaningful P/E, because its earnings per share over the last 12 months are negative. Measured against sales, its P/S of 0.65 is 65.7% below the sector median P/S of 1.9. The company has a market value of $128.6M, and its trailing earnings come to -$7.17 per share.
The company is losing money, with a net margin of -41.41% and an operating margin of 4.86%, and a return on equity of -95.18%, below the sector median of 12.4%. In the latest quarter, against the same quarter a year earlier, revenue grew 16.10%, 8.9 percentage points faster than the sector median of 7.2%. Debt-to-equity of 0.32 rounds out the fundamentals.
Golden Matrix Group, Inc. reported $0.17 a share for the July 29, 2026 report, beating the $0.14 estimate by 21.43%. The shares moved up 1.32% in the following session.
Over its last 2 reports, MRDN topped the estimate 1 time, and the stock rose in the first session after each of those beats. Looking ahead, analysts expect EPS of $0.73 this fiscal year and $1.15 the year after (growth of 57.5%).
A typical day for MRDN moves about 2.85%, and its beta against the S&P 500 is 1.57. While the price stays below both moving averages, the downtrend remains a risk in its own right. The stock is 36.98% below its 52-week high of $16.09. Over the last 18 months, insiders sold $1.8M of shares and bought $30K. Because planned sales and sales made to cover tax on vesting shares are common, selling carries less weight as a signal than buying does.
MRDN against the Consumer Cyclical sector
How MRDN compares with the median Consumer Cyclical stock CleaRank tracks.
Price to sales vs sector: On price-to-sales, the yardstick used here in place of P/E, MRDN trades at 0.6521x, -66% versus the sector average of 1.90x.
Return vs SPY: Since May 14, 2025, MRDN has lost 50.3% against a gain of 30.3% for SPY.
Performance against SPY
MRDN and the S&P 500 (SPY) over the same days.
Revenue and earnings
How much MRDN sells, and how much of it becomes profit.
Revenue growth: Revenue grew 21.0% in FY2025 to $183M, from $151M a year earlier.
Profit margin: The net margin was -50.3% in FY2025, down from -0.9% the year before.
Loss-making: MRDN lost $92.0M in FY2025.
Earnings reality check
Did MRDN beat what analysts expected, and how did the stock react?
Earnings record: MRDN beat the analyst estimate in 1 of the last 2 quarters.
Market reaction: The stock rose in the first session after every beat.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Jul 29, 2026after close | $0.14 | $0.17 | +21.43% | +1.32% | +27.25% |
| Mar 24, 2025after close | $0.12 | -$0.24 | -300.00% | -1.46% | -3.90% |
As of October 26, 2026, MRDN has beaten the analyst EPS estimate in 1 of its last 2 reported quarters and rose in the first trading session after that beat; its latest report, on July 29, 2026, came in 21.43% above the estimate and the stock moved +1.32% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
MRDN AI analysis and technical indicators
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 30.8, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 30.8 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank Financial AI analysis of MRDN
The score, the reasoning behind it, and what could move the price next.
Both moving averages now lie above the share price, which is the signature of a downtrend for MRDN. At $10.14, the stock trades 20.27% below its 50-day average of $12.72 and 6.41% below its 200-day average of $10.83. The 50-day average is still 17.38% above the 200-day average. Across the 52-week range, which runs from $5.80 to $16.09, the price currently sits at 42% of the way up.
On momentum, the 14-day RSI reads 30.8, in the bearish zone, above the oversold line, with the MACD line negative. The price is down over each of these periods: 24.10% over the past month, 26.15% over the past three months and 17.96% over the past year.
Earnings beat ›
The July 29, 2026 report beat the EPS estimate by 21.43%, and the share price rose 1.32% in the first session after it.
Source: Earnings report, July 29, 2026
- The two nearest levels to watch are the 200-day SMA at $10.83, which sits above the price, and the 52-week low at $5.80, which sits below it.
- MRDN's 14-day RSI is 30.8, which falls in the bearish zone, and the MACD line is negative. Momentum is considered stretched when the reading moves above 70 or drops below 30.
- MRDN beat estimates in 1 of the last 2 reports. After the July 29, 2026 report, the share price rose 1.32% in the first session.
MRDN stays in a downtrend while it trades under both its 50-day average of $12.72 and its 200-day average of $10.83. A move back above the 200-day would mark the first sign of a recovery. That 200-day SMA at $10.83 is the first barrier the stock would face on the way up.
The next level below the price is the 52-week low at $5.80. With the RSI in the bearish band, momentum does not favour a quick recovery.
Technical indicators
Momentum and trend for MRDN, from its daily closes.
As of October 26, 2026, with MRDN at $10.14, its 14-day RSI is 30.8 (showing bearish momentum without being oversold), its 50-day simple moving average is $12.72 and its 200-day is $10.83.
Calculated by CleaRank on daily closes as of October 26, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these
What MRDN moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 26, 2026, MRDN's 1-year correlation of daily returns is +0.20 with S&P 500 (SPY), +0.20 with Nasdaq 100 (QQQ), +0.13 with Bitcoin (BTC) and -0.02 with gold (XAU).
MRDN price target and analyst forecast
The analysts' target range and how their ratings split.
Analysts checks
2/2Most analysts rate it a buy ›
2 of 2 analysts rate it a buy or strong buy, 0 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $17.00 is 67.7% above the price.
MRDN Wall Street View
12-month price targets
The price, $10.14, sits below every analyst's target.
Ratings
As of October 26, 2026, 2 Wall Street analysts cover MRDN: 2 rate it a buy or strong buy, 0 a hold and 0 a sell or strong sell. Their 12-month price targets range from $16.20 to $26.00. The median MRDN price target is $17.00, 67.7% above the price of $10.14.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
MRDN trade plan: entry, stop loss and targets
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
MRDN trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from MRDN's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much MRDN tends to move, against the market and on its own.
MRDN price history and drawdowns
MRDN's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
0/4Average daily move under 2% ›
The price has moved 2.85% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 99.3%, from October 2016 to February 2017; the price is still 96.2% below that peak.Most 1-year holds ended higher ›
41% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $376, against $42,015 in the S&P 500 (SPY).
MRDN Drawdowns & Recovery
As of October 26, 2026, MRDN's worst peak-to-trough fall over the last 10 years with dividends reinvested was -99.3% (October 2016 to February 2017); it is still 96.2% below that peak, and 41% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into MRDN in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: MRDN trailed the S&P 500 over this period: $375.56 against $42,015.
A $10,000 investment in MRDN in October 2016 would be worth about $376 today with dividends reinvested, compared with about $42,015 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to MRDN, and which have not.
Strongest month, April: an average of +15.10%, up in 3 of 10 years.
Weakest month, January: an average of -9.22%, up in 2 of 10 years.
This month, October: has averaged -5.73%, up in 2 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, MRDN's strongest calendar month has been April (average +15.10%, up in 3 of 10 years) and its weakest January (average -9.22%, up in 2 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
MRDN stock price prediction 2030
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in MRDN, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 4-year Monte Carlo simulation, based on 10 years of price history, projects that a $10,000 investment in MRDN today could grow to about $6,632 by 2030 in the base case, with a 90th-percentile outcome near $23,892 and a 10th-percentile outcome around $1,841. Projections are statistical simulations, not guarantees.
MRDN Stock Price Prediction 2030: Simulated Scenarios
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $6.73 for MRDN by 2030 in the base case, from $10.14 today (0.7x over 4 years). The 10th-percentile path ends near $1.87. These are outcomes of a Monte Carlo simulation run on MRDN's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $4.82 | $9.15 | $17.37 | |
| 2028 | $3.34 | $8.26 | $20.44 | |
| 2029 | $2.46 | $7.45 | $22.61 | |
| 2030 | $1.87 | $6.73 | $24.23 |
Method: a lognormal simulation of MRDN's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works
MRDN insider trading
What the people running the company have bought and sold.
MRDN insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Net insider selling: Insiders bought $30K on the open market and sold $1.8M.
As of October 26, 2026, MRDN insiders reported 29 open-market sales worth $1.8M and 10 open-market purchases worth $30K over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Jun 23, 2026 | Anthony Brian Goodman
Former
|
Sell | 24.2K | $336.1K |
| Jun 12, 2026 | Anthony Brian Goodman
Former
|
Sell | 26.0K | $335.3K |
| May 22, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 12.2K | $126.4K |
| May 4, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 10.0K | $127.5K |
| Apr 27, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 22.0K | $140.1K |
| Apr 22, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 8.9K | $58.8K |
| Apr 15, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 38.6K | $270.3K |
| Apr 14, 2026 | Snezana Bozovic
Director and Beneficial Owner of more than 10% of a Class of Security
|
Grant | 3.1K | - |
| Apr 14, 2026 | Richard Christensen
Chief Financial Officer
|
Grant | 4.7K | - |
| Apr 14, 2026 | Weiting Feng
Former
|
Grant | 3.1K | - |
| Apr 7, 2026 | Anthony Brian Goodman
Former
|
Sell | 1.3K | $8.7K |
| Mar 26, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 6.4K | $50.5K |
| Mar 23, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 19.5K | $175.9K |
| Mar 16, 2026 | Anthony Brian Goodman
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 7.5K | $71.1K |
| Dec 15, 2025 | Anthony Brian Goodman
Former
|
Sell | 100.0K | $6.4K |
| Dec 12, 2025 | Anthony Brian Goodman
Former
|
Grant | 1.3M | - |
| Dec 1, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $3.4K |
| Nov 24, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $3.2K |
| Nov 7, 2025 | Snezana Bozovic
Director and Beneficial Owner of more than 10% of a Class of Security
|
Grant | 9.4K | - |
| Nov 7, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 20.0K | $1.5K |
| Nov 6, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 10.0K | $811 |
| Nov 4, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 25.0K | $2.1K |
| Sep 2, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $4.1K |
| Sep 2, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 20.0K | $1.7K |
| Aug 26, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 25.0K | $2.7K |
| Aug 25, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $5.9K |
| Aug 21, 2025 | Snezana Bozovic
Director and Beneficial Owner of more than 10% of a Class of Security
|
Grant | 22.6K | $2.5K |
| Aug 21, 2025 | Zoran Milosevic
Officer
|
Grant | 22.6K | $2.5K |
| Aug 18, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $5.6K |
| Aug 18, 2025 | Thomas E Mcchesney
Director
|
Sell | 5.0K | $562 |
| Aug 13, 2025 | Thomas E Mcchesney
Director
|
Sell | 1.5K | $168 |
| Aug 13, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 5.0K | $558 |
| Aug 12, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 5.0K | $579 |
| Aug 11, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $5.5K |
| Aug 11, 2025 | Thomas E Mcchesney
Director
|
Sell | 5.0K | $554 |
| Aug 11, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 30.0K | $3.3K |
| Aug 4, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $6.4K |
| Jul 28, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $6.7K |
| Jul 21, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $6.7K |
| Jul 14, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $7.2K |
| Jul 7, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $7.0K |
| Jun 30, 2025 | Anthony Brian Goodman
Chief Executive Officer
|
Sell | 50.0K | $7.1K |
| Jun 24, 2025 | Thomas E Mcchesney
Director
|
Sell | 10.0K | $1.4K |
| Jun 10, 2025 | Thomas E Mcchesney
Director
|
Sell | 10.0K | $1.6K |
| May 27, 2025 | Richard Christensen
Chief Financial Officer
|
Buy | 10.0K | $1.4K |
| May 9, 2025 | Snezana Bozovic
Director and Beneficial Owner of more than 10% of a Class of Security
|
Grant | 9.4K | - |
| May 6, 2025 | Aleksandar Milovanovic
Beneficial Owner of more than 10% of a Class of Security
|
Buy | 100.0K | $15.7K |
Source: TwelveData, from SEC Form 4 filings
MRDN stock forecast: questions people ask
Answered from the figures on this page, as of October 26, 2026.