Golden Matrix Group, Inc. (MRDN)
Golden Matrix Group, Inc. NASDAQ
MRDN at a glance
Golden Matrix Group, Inc. (MRDN): Buy, 75/100 on CleaRank's AI score.
- Trend Mixed: the price is above its 200-day but below its 50-day moving average ($10.76 and $13.24).
- Insiders Insiders sold $1.8M and bought $30K over the last 18 months.
As of October 15, 2026, Golden Matrix Group, Inc. (MRDN) trades at $11.00. Wall Street's consensus target is $17.00 across 2 analysts. The 14-day RSI (daily closes) is 33, showing bearish momentum without being oversold, and the price is below its 50-day simple moving average of $13.24.
Figures as of October 15, 2026.
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 Price Analysis
Market Metrics
Peer Benchmarking
Valuation vs Sector (Consumer Cyclical)
Performance vs XLY
Sector Position Analysis
MRDN Financial Performance
Revenue vs. Earnings
Annual
Quarterly
Earnings Reality Check
| Report | EPS estimate | EPS actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Jul 29, 2026 | $0.14 | $0.17 | +21.43% | +1.32% | +27.25% |
| Apr 28, 2026 | $0.02 | $0.18 | +800.00% | +8.68% | +49.40% |
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.
As of October 15, 2026, MRDN has beaten the analyst EPS estimate in 2 of its last 2 reported quarters and rose in the first trading session after every one of those beats; its latest report, on July 29, 2026, came in 21.43% above the estimate and the stock moved +1.32% in the first session.
MRDN Analysis
- The stock's position below its 50-day SMA and bearish RSI momentum suggest potential for near-term volatility; consider risk management strategies.
Two analysts cover Golden Matrix Group, Inc. with a consensus rating of 'Strong Buy' and a median price target of $17.00, indicating significant upside potential from the current price.
Source: Wall Street AnalystsInsiders have recently sold $1.8 million worth of stock compared to only $30,242 in purchases, indicating a net selling pressure and a moderate sell signal.
Source: Insider TransactionsGolden Matrix Group, Inc. continues to report negative EPS, with a trailing twelve months EPS of -$7.17, highlighting ongoing profitability challenges.
Source: Company FinancialsKey Statistics
| Market Cap | 139.50M |
|---|---|
| P/E Ratio | N/A (Negative EPS) |
| EPS (TTM) | -7.17 |
| Dividend Yield | 0.00% |
| 52 Week High | 16.09 |
| 52 Week Low | 5.80 |
As of October 15, 2026, MRDN trades at $11.00, with a market value of $139.50M and no P/E ratio (its trailing earnings are negative).
Earnings & Growth Analysis
Key Risks
Technical Indicators
| RSI (14-day) | 33.30 |
|---|---|
| MACD (12, 26) | -0.688 |
| SMA (50-day) | 13.24 |
| SMA (200-day) | 10.76 |
As of October 15, 2026, with MRDN at $11.00, its 14-day RSI is 33.3 (showing bearish momentum without being oversold), its 50-day simple moving average is $13.24 and its 200-day is $10.76.
Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
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.
As of October 15, 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 -0.03 with gold (XAU).
How does any other asset move with MRDN? One year of daily closes, Pearson correlation.
MRDN Wall Street View
12-month price targets
The price, $11.00, sits below every analyst's target.
Ratings
As of October 15, 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, with a median of $17.00, 54.5% above the price of $11.00.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
MRDN Trade Plans
Specific entry, exit, and risk management levels
Long 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.
Growth of $10,000
A $10,000 investment in MRDN in October 2016 would be worth about $407 today, compared with about $36,237 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
MRDN Drawdowns & Recovery
As of October 15, 2026, MRDN's worst peak-to-trough fall over the last 10 years was -99.3% (October 2016 to February 2017); it is still 95.9% below that peak, and 41% of 1-year holding periods ended with a gain.
From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in MRDN today could grow to about $3,631 by 2036 in the base case, with a 90th-percentile outcome near $27,549 and a 10th-percentile outcome around $479. Projections are statistical simulations, not guarantees.
MRDN Stock Price Prediction: 2030
CleaRank's simulation projects a price near $7.34 for MRDN by 2030 in the base case, from $11.00 today (0.7x over 4 years). The 10th-percentile path ends near $2.04. 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 |
|---|---|---|---|
| 2027 | $5.24 | $9.94 | $18.87 |
| 2028 | $3.63 | $8.98 | $22.23 |
| 2029 | $2.68 | $8.12 | $24.63 |
| 2030 | $2.04 | $7.34 | $26.42 |
| 2031 | $1.58 | $6.63 | $27.78 |
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.
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MRDN Insider Trading Analysis
As of October 15, 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 | GOODMAN ANTHONY BRIAN
Former
|
Sell | 24.2K | $336.1K |
| Jun 12, 2026 | GOODMAN ANTHONY BRIAN
Former
|
Sell | 26.0K | $335.3K |
| May 22, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 12.2K | $126.4K |
| May 4, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 10.0K | $127.5K |
| Apr 27, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 22.0K | $140.1K |
| Apr 22, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 8.9K | $58.8K |
| Apr 15, 2026 | GOODMAN ANTHONY BRIAN
Beneficial Owner of more than 10% of a Class of Security
|
Sell | 38.6K | $270.3K |
| Apr 14, 2026 | BOZOVIC SNEZANA
Director and Beneficial Owner of more than 10% of a Class of Security
|
Grant | 3.1K | - |
| Apr 14, 2026 | CHRISTENSEN RICHARD
Chief Financial Officer
|
Grant | 4.7K | - |
| Apr 14, 2026 | FENG WEITING
Former
|
Grant | 3.1K | - |