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As of September 11, 2026, Golden Matrix Group, Inc. (MRDN) trades at $13.38. CleaRank Financial AI rates it Buy with a fair value of $17.00, 27.1% above the current price. Wall Street's consensus target is $17.00 across 2 analysts. RSI at 36 is in neutral territory, and the price is below its 50-day average of $13.66.
Golden Matrix Group, Inc. (MRDN)
Golden Matrix Group, Inc. NASDAQ
$13.38
-0.3300 (-2.41%)
Latest Price
AI Analyst Consensus
79 / 100
Golden Matrix Group, Inc. (MRDN) is currently trading at $13.38, below its 50-day moving average of $13.66 but above its 200-day moving average of $10.43. The stock exhibits bearish momentum with an RSI of 35.61. Despite a moderate sell signal from insider transactions, where total sales ($1.8M) significantly outweigh purchases ($111K), Wall Street analysts maintain a positive stance. Analysts have issued a consensus rating of 'Buy' with a score of 88, driven by one 'Strong Buy' and one 'Buy' rating. The median price target is $17, implying a potential upside of 27.1% from the current price. Revenue growth has been positive, with current quarter estimates showing a 9.00% year-over-year increase, and projected full-year growth at 12.00%.
MRDN Price Analysis
Market Metrics
Open
$13.60
Day Range
$13.31 to $13.60
Prev Close
$13.71
Volume
165
52-Week Range
$5.80 to $16.09
Market Cap
$173.46M
Peer Benchmarking
Valuation vs Sector (Consumer Cyclical)
Performance vs XHB
Sector Position Analysis
On price-to-sales, the yardstick used here in place of P/E, MRDN trades at 0.8797x, far below the sector average of 4.20x.
MRDN Analysis
Company's Health
3/5
12-Month Analyst Target
+27.06% Upside
Median of 2 analysts (12-month)
$17.00
AI Technical Analysis
At $13.38, Golden Matrix Group, Inc. (MRDN) is trading below its 50-day SMA of $13.66 and its 20-day EMA of $13.66, indicating near-term weakness, but remains above its 200-day SMA of $10.43, suggesting a longer-term uptrend is still intact. The RSI is at 35.61, signaling bearish momentum, and the MACD is slightly negative at -0.054. Key support is found at the 200-day SMA, while resistance lies at the 50-day SMA and the 20-day EMA. Trading volume has been exceptionally low recently, with the latest volume at 165 compared to a 61,696 average, which suggests a lack of conviction from market participants. This low volume context, combined with bearish technical indicators, points to potential consolidation or further downside pressure in the short term.
ProTips
- Monitor Golden Matrix Group, Inc.'s (MRDN) path to profitability closely, as negative EPS currently hinders traditional valuation and presents a key risk.
- Given the bearish technical momentum (RSI 35.61) and exceptionally low trading volume, consider waiting for clearer signals of trend reversal or increased market conviction before initiating or increasing a position.
- The moderate sell signal from insider transactions, with $1.8M in sales versus $111K in purchases, warrants caution and suggests that investors should be mindful of potential selling pressure.
Key Catalysts
Bullish
Continued Revenue Growth Exceeding Expectations
Positive year-over-year revenue growth of 9.00% for the current quarter and projected 12.00% for the full year could drive investor confidence and stock price appreciation.
Source: Wall Street Revenue EstimatesBullish
Analyst Price Targets Suggest Significant Upside
A median analyst price target of $17 implies a 27.1% upside from the current price, reflecting Wall Street's positive outlook on the company's future prospects.
Source: Wall Street SummaryBearish
Moderate Insider Sell Signal
Total insider sales of $1.8M compared to purchases of $111K across 65 transactions indicate a net selling stance by insiders, potentially signaling a lack of confidence.
Source: Insider SummaryBearish
Bearish Technical Momentum
The current RSI of 35.61 suggests bearish momentum, and trading below short-term moving averages could lead to further price declines if support levels are breached.
Source: Technical AnalysisMarket Outlook
The base case outlook for Golden Matrix Group, Inc. (MRDN) suggests potential upside to its median analyst target price of $17 within the next 6-12 months, supported by positive revenue growth trends and analyst optimism. The company's projected revenue growth of 12.00% for the current year and 11.00% for next year indicates continued business expansion. However, the path to profitability remains a key concern, with negative EPS and bearish technical indicators posing downside risks. A significant shift in insider sentiment, a failure to achieve profitability, or a broader market downturn could challenge the bullish outlook. Conversely, continued revenue acceleration and a successful transition to profitability could drive the stock towards its higher analyst targets and long-term projection of $30.31.
Key Statistics
| Market Cap | 173.46M |
|---|---|
| P/E Ratio | N/A (Negative EPS) |
| EPS (TTM) | -7.29 |
| Dividend Yield | 0.00% |
| 52 Week High | 16.09 |
| 52 Week Low | 5.80 |
Golden Matrix Group, Inc. (MRDN) faces valuation challenges with a negative EPS of -7.29, rendering its P/E ratio mathematically negative and thus not comparable to sector averages. The company's revenue growth stands at 16.1%, which is slightly above the sector average of 10.0%, suggesting operational expansion. While the company is not profitable on a per-share basis, its revenue growth indicates an expanding business. The lack of positive EPS makes traditional valuation metrics difficult to apply, necessitating a focus on top-line growth and future profitability projections. Investors should monitor the company's path to profitability closely, especially given the current negative earnings.
Earnings & Growth Analysis
Golden Matrix Group, Inc. (MRDN) has demonstrated a pattern of beating analyst EPS estimates in recent quarters. The latest reported quarter on August 19, 2026, showed an actual EPS of $0.57 against an estimate of $0.45, a positive surprise of 26.67%, although the stock reacted negatively with a -0.43% price change. Prior to this, the quarter ending July 29, 2026, also beat estimates with a 21.43% surprise, leading to a 1.32% price increase. This trend of exceeding earnings expectations, particularly the significant 800% surprise in April 2026, suggests operational efficiency or better-than-anticipated performance. However, the mixed stock price reactions highlight that earnings beats alone are not guaranteeing positive market sentiment, possibly due to broader market conditions or concerns about profitability.
Key Risks
Golden Matrix Group, Inc. (MRDN) faces significant risks stemming from its negative EPS and the resulting inability to apply standard P/E valuation metrics. Also, insider transactions reveal a moderate sell signal, with total sales of $1.8M significantly outpacing purchases of $111K, indicating a lack of insider confidence in the near term. The stock's bearish technical momentum, evidenced by an RSI of 35.61 and trading below key short-term moving averages, suggests potential for further price declines. The exceptionally low trading volume also points to a lack of market interest or conviction, which could exacerbate price swings.
Technical Indicators
| RSI (14) | 35.61 |
|---|---|
| MACD | -0.05 |
| SMA 50 | 13.66 |
| SMA 200 | 10.43 |
RSI
Bearish
SMA Cross
Bullish
Price vs SMA
Bearish
MACD
Bearish
Golden Cross in effect with the 50-day SMA ($13.66) above the 200-day SMA ($10.43), price is trading below the 50-day SMA.
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)
+0.20
Weak correlation
Nasdaq 100 (QQQ)
+0.20
Weak correlation
Bitcoin (BTC)
-0.02
Weak correlation
Gold (XAU)
-0.03
Weak correlation
Check Custom Correlation
Calculating correlation...
MRDN Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative
2%
Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
🟢 LONG ENTRY (click to switch)
CONSERVATIVE
$13.11
2% below current price (Pullback entry)
Lower risk, wait for pullback
AGGRESSIVE
$13.38
Buy at current price
Higher risk, immediate entry
Risk Management
STOP LOSS
$12.11
MAX LOSS
-7.6%
Volatility-Adjusted Stop Loss
Calculated based on RSI (35.6) and current market volatility
Profit Targets (Based on Conservative Entry)
TARGET 1
$13.77
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$14.42
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$15.08
+15% (Conservative)
+12.7% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
Calculate Your Trade
High-Volatility Risk Disclaimer
MRDN is classified as a high-volatility asset (Daily Vol: 5.07%). Aggressive price swings can lead to rapid capital loss. Liquidity risks may prevent exiting trades at desired prices. This AI-generated analysis is for educational purposes only and is not financial advice. Generated on September 11, 2026.Growth of $10,000
A $10,000 investment in MRDN in September 2016 would be worth about $508 today, compared with about $35,030 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in MRDN today could grow to about $3,135 by 2036 in the base case, with a bull case near $23,782 and a bear case around $413. Projections are statistical simulations, not guarantees.
MRDN Stock Price Prediction: 2030
CleaRank's simulation projects a price near $8.41 for MRDN by 2030 in the base case, from $13.38 today (0.6x over 4 years). The downside path ends near $2.34. 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 | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $6.28 | $11.91 | $22.61 |
| 2028 | $4.29 | $10.61 | $26.26 |
| 2029 | $3.11 | $9.45 | $28.66 |
| 2030 | $2.34 | $8.41 | $30.31 |
| 2031 | $1.79 | $7.49 | $31.39 |
| 2032 | $1.39 | $6.67 | $32.05 |
| 2033 | $1.09 | $5.94 | $32.37 |
| 2034 | $0.8635 | $5.29 | $32.40 |
| 2035 | $0.6889 | $4.71 | $32.20 |
| 2036 | $0.5528 | $4.19 | $31.82 |
Method: 10,000 simulated price paths using MRDN's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.
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MRDN Insider Trading Analysis
Bought
$111.0K
15 Transactions
Sold
$1.8M
31 Transactions
Insiders
9
Active Traders
Avg Transaction
$41.2K
Moderate size
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Jun 23, 2026 | GOODMAN ANTHONY BRIAN
Former
|
Sell | 24.2K | $336.1K |
| Jun 12, 2026 | GOODMAN ANTHONY BRIAN
Former
|
Sell | 26.0K | $335.3K |
| Apr 15, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 38.6K | $270.3K |
| Mar 23, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 19.5K | $175.9K |
| Apr 27, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 22.0K | $140.1K |
| May 4, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 10.0K | $127.5K |
| May 22, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 12.2K | $126.4K |
| Mar 16, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 7.5K | $71.1K |
| Apr 22, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 8.9K | $58.8K |
| Mar 26, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 6.4K | $50.5K |
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Frequently Asked Questions
Is Golden Matrix Group, Inc. (MRDN) stock a buy?
Wall Street analysts rate Golden Matrix Group, Inc. (MRDN) as a 'Buy' with a consensus score of 88. The median price target is $17, suggesting a potential 27.1% upside from the current $13.38 price. However, the stock exhibits bearish technical momentum and negative EPS.
What is Golden Matrix Group, Inc.'s (MRDN) price prediction for 2030?
Based on Monte Carlo simulations, Golden Matrix Group, Inc.'s (MRDN) projected price for 2030 is $8.41 as a base case, with a downside projection of $2.34 and an upside projection of $30.31. These are statistical outcomes, not guaranteed price targets.
What are the biggest risks for Golden Matrix Group, Inc. (MRDN)?
Key risks for Golden Matrix Group, Inc. (MRDN) include its negative EPS, which prevents standard P/E valuation, and a moderate sell signal from insider transactions totaling $1.8M in sales versus $111K in purchases. Bearish technical momentum and exceptionally low trading volume also pose risks.
How has Golden Matrix Group, Inc. (MRDN) performed in recent earnings reports?
Golden Matrix Group, Inc. (MRDN) has consistently beaten analyst EPS estimates in recent quarters, with the latest report showing a 26.67% surprise. Despite these beats, stock price reactions have been mixed, indicating that earnings performance alone is not driving positive market sentiment.
What is the revenue growth outlook for Golden Matrix Group, Inc. (MRDN)?
The revenue outlook for Golden Matrix Group, Inc. (MRDN) is positive, with current quarter estimates projecting 9.00% year-over-year growth and full-year 2026 growth anticipated at 12.00%. Next year's revenue is projected to grow by 11.00%.
What is the consensus rating for Golden Matrix Group, Inc. (MRDN) stock?
The consensus rating for Golden Matrix Group, Inc. (MRDN) stock among Wall Street analysts is 'Buy', with a combined score of 88 out of 100, based on two analysts covering the stock.
Does Golden Matrix Group, Inc. (MRDN) pay dividends?
Golden Matrix Group, Inc. (MRDN) does not currently pay dividends, as indicated by a dividend yield and rate of 0.