GDEV — GDEV Inc.

✨ Hidden Gem Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About GDEV Inc.

GDEV Inc. develops and publishes online games in the United States, Europe, Asia, and internationally. The company offers various games through mobile, social, and web-based platforms. It also provides franchise gaming in the role-playing game genre. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$14.49
Market Cap$290M
Float2.4M
Shares Outstanding18.2M
P/E (Forward)3.69
P/E (TTM)4.24
Price/Sales (TTM)0.72
vs. Analyst Target+383.1% to analyst PT
Profit Margin17.15%
Operating Margin (TTM)15.25%
Revenue (TTM)$404M
Earnings Growth (YoY)67.10%
Dividend RateNone
Analyst Target Price$70.00 (2 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $261M -$751,000 $168M $672,000
2021 $434M -$117M $298M -$114M
2022 $480M $7.3M $303M $19.1M
2023 $465M $46.1M $304M $56.7M
2024 $421M $25.5M $279M $36.7M
2025 $404M $69.3M $263M $81.6M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $120M $16.6M
Sep 2025 $97.6M $24.1M
Dec 2025 $90.0M $14.0M
Mar 2026 $99.0M $17.0M

Ownership & Float

Insider Ownership86.7%
Institutional Ownership2.2%
Short Float0.1%
% of All Funds Holding0.06%
Number of Funds Holding5

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$15.75Near-term / short-term trend
Weekly40-Week SMA$18.13Medium-term trend
Weekly80-Week SMA$17.29Cyclical trend (business cycle)
Weekly200-Week SMA$32.82Secular trend (multi-year)
Monthly10-Month SMA$17.36Near-term monthly trend
Monthly20-Month SMA$17.64Medium-term monthly trend
Monthly40-Month SMA$27.88Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$10.70 support 2.31x 11 months ago
$35.00 resistance 3.09x 17 months ago

Historical Earnings Reactions (21 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.90% 0.00% 33.33% 7.59% -9.37%
1 Day -0.70% 0.00% 23.81% 23.91% -13.16%
1 Week -4.17% -2.45% 14.29% 18.12% -19.29%
2 Weeks -2.20% 0.00% 38.10% 21.48% -24.64%
1 Month 8.93% 0.00% 38.10% 125.43% -26.46%

Next earnings: May 15, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.10% 35.7% 263
Tuesday -0.18% 30.3% 294
Wednesday 0.16% 39.9% 291
Thursday 0.15% 34.3% 283
Friday -0.14% 32.4% 284

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 2.2%

Insider Transactions — Smart Summary

Total insider ownership: 86.7%

Founder-led management: Andrey Fadeev (Co-Founder, Chairman of the Board & CEO)

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for GDEV Inc. (GDEV) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for GDEV on Trend Edge →