Research Analysts Set Expectations for CAST Q1 Earnings

FreeCast (Direct Listing) (NASDAQ:CAST) – Maxim Group dropped their Q1 2028 earnings per share estimates for FreeCast (Direct Listing) in a research report issued to clients and investors on Thursday, October 1st. Maxim Group analyst A. Klee now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their previous estimate of $0.04. The consensus estimate for FreeCast (Direct Listing)’s current full-year earnings is ($0.27) per share. Maxim Group also issued estimates for FreeCast (Direct Listing)’s Q2 2028 earnings at $0.02 EPS, Q3 2028 earnings at $0.03 EPS, Q4 2028 earnings at $0.03 EPS, FY2028 earnings at $0.11 EPS and FY2029 earnings at $0.48 EPS.

A number of other research firms also recently issued reports on CAST. Weiss Ratings upgraded shares of FreeCast (Direct Listing) from a “sell (e-)” rating to a “sell (e)” rating in a report on Monday, September 14th. Zacks Research raised shares of FreeCast (Direct Listing) to a “hold” rating in a research report on Wednesday, June 10th. Finally, Wall Street Zen upgraded shares of FreeCast (Direct Listing) from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $6.00.

FreeCast (Direct Listing) Price Performance

NASDAQ CAST opened at $1.11 on Friday. The business’s fifty day moving average is $1.36 and its 200-day moving average is $2.50. The stock has a market capitalization of $45.89 million and a price-to-earnings ratio of -6.17. FreeCast has a one year low of $0.50 and a one year high of $33.00.

FreeCast (Direct Listing) (NASDAQ:CAST) last announced its quarterly earnings data on Monday, September 28th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.29). The business had revenue of $0.36 million during the quarter.

About FreeCast (Direct Listing)

FreeCast, Inc is a media and entertainment technology company that develops streaming aggregation services. Its platform is designed to bring together free, ad-supported streaming television, on-demand programming, live channels and subscription-based content in a unified viewing experience, helping consumers discover and access content from multiple sources.

The company offers consumer-facing streaming products and related technology intended to simplify television viewing across connected TVs, mobile devices and other internet-enabled platforms.