Maxim Group Issues Optimistic Outlook for CAST Earnings

FreeCast (Direct Listing) (NASDAQ:CAST) – Maxim Group upped their Q1 2027 earnings per share (EPS) estimates for FreeCast (Direct Listing) in a note issued to investors on Thursday, October 1st. Maxim Group analyst A. Klee now expects that the company will post earnings of ($0.06) per share for the quarter, up from their prior forecast of ($0.08). The consensus estimate for FreeCast (Direct Listing)’s current full-year earnings is ($0.23) per share. Maxim Group also issued estimates for FreeCast (Direct Listing)’s Q2 2027 earnings at ($0.06) EPS, Q4 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.23) EPS.

Several other equities analysts also recently weighed in on CAST. Wall Street Zen raised FreeCast (Direct Listing) from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research raised shares of FreeCast (Direct Listing) to a “hold” rating in a research report on Wednesday, June 10th. Finally, Weiss Ratings raised shares of FreeCast (Direct Listing) from a “sell (e-)” rating to a “sell (e)” rating in a research note on Monday, September 14th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $6.00.

FreeCast (Direct Listing) Trading Down 3.4%

CAST stock opened at $1.13 on Monday. The business’s fifty day moving average price is $1.32 and its 200 day moving average price is $2.47. FreeCast has a 12-month low of $0.50 and a 12-month high of $33.00. The company has a market capitalization of $57.39 million and a PE ratio of -2.05.

FreeCast (Direct Listing) (NASDAQ:CAST) last released its quarterly earnings results on Monday, September 28th. The company reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.29). The firm had revenue of $0.36 million during the quarter.

FreeCast (Direct Listing) Company Profile

FreeCast, Inc is a media and technology company focused on aggregating and distributing television and video content through internet-connected devices. Its platform is designed to help consumers discover and access programming from multiple streaming, broadcast and digital content sources in one place.

The company’s offerings have included FreeCast’s streaming aggregation services, as well as products and applications associated with free, advertising-supported television and premium streaming content.