Grom Stock Forecast 2023, 2025, 2026, 2030

Grom Stock Forecast 2023, 2025, 2026, 2030Grom is one of the most popular penny stocks in the market. If you’re looking for the Grom stock forecast or finding the potential of Grom Social Enterprises, this forecast can be helpful for you. Our forecast is based on a deep technical analysis and the current performance of Grom stock. Here we will try to analyze the potential of Grom stock in the long term.

Grom stock forecast

Year Minimum Price Average Price Maximum Price
2023 $1.52 $1.81 $2.17
2024 $1.59 $2.08 $3.41
2025 $2.12 $3.56 $4.15
2026 $2.86 $3.17 $4.58
2027 $3.19 $4.28 $5.16
2028 $3.62 $4.69 $5.93
2029 $4.29 $6.14 $7.04
2030 $5.53 $8.39 $10.64
2031 $8.15 $9.41 $12.49

The historical performance of the stock looks extremely volatile. Grom stock has shown extensive growth after the IPO launch. The value of the Grom stock rallied to an all-time high (ATH) of $4.98 in October 2021. However, after rallying to its ATH, since then Grom has been showing a bearish performance.

The Grom stock has lost its value by 90% in the bearish events of 2023. As per our forecast and the current market situation, the value of Grom stock will not recover very soon. If we measure the current performance Grom will hardly touch its recent ATH this decade. There are possibilities that if the market sees a good bull run the value of the stock may boost in the upcoming months.

Grom Social Enterprises Inc (GROM) overview

Stock Name Grom Social Enterprises Inc
Ticker Symbol GROM
Country USA (Nasdaq)
Official Website gromsocial.com
Sector Internet
Market Cap $3.52 Million
All-time high $4.98 (October 06, 2021)
CEO Darren Marks
Competitors Live Lingua Inc, TrueX Inc, Linkeddominator, Whyville.

Grom stock forecast 2023

As the whole market is going through bearish events, Grom’s performance can be slow this year. According to our forecast, the average value of the stock can be around $1.81 in 2023. The year can end with a maximum value of $2.17 if there is any bullish event. However, if a bearish environment continues in the market the minimum value of the stock can be around $1.52. There are strong possibilities that Grom may recover its position if there is some positive environment in the market.

Grom stock forecast 2024

According to some market experts, Internet stocks may perform well in 2024. According to our forecast, the maximum value of Grom stock can be around $3.41 by 2024. However, the average price of Grom can be around $2.08 if current growth continues. And if there is any bearish trend the minimum price of Grom stock can be down up to $1.59. In the next bull rally, the prices of Grom may surge more than our long-term Grom forecast.

Grom stock forecast 2025

As per some market experts, the market situation can be better this year. Along with other Internet stocks, the stock may recover from long bearish events in 2025. As per our price forecast, Grom can touch the maximum price level of $4.15 in 2025. If current performance continues the average price level of Grom stock can be around $3.56. However, if there are bearish events in the market the minimum price of Grom stock can be around $2.12.

Grom stock forecast 2026

As per our Grom forecast, their prices can hit a new ATH level this year. If the market performs as per our calculation the maximum value of Grom may touch $4.58 in 2026. The year 2026 can end with an average value of $3.17 in 2026. However, if the market turns bearish, the minimum value of Grom can be traded at around $2.86. According to some market experts, the bearish environment can last till 2025 so we have high expectations from 2026.

Grom stock forecast 2027

Grom prices may soar and cross the last ATH this year. According to our price forecast, the average value of Grom stock can be around $4.28. While the minimum value of Grom can be around $3.19. If the market sees some good movement the value of the stock may skyrocket and surpass most price forecasts. According to our calculation, the maximum value of Grom stock can be around $5.16.

Grom stock forecast 2028

Grom is an emerging electric automaker and it has the potential to touch great heights, as the demand for electric vehicles is increasing day by day. According to our forecast, the average value of Grom stock can be around $4.69 in 2028. If the market turns bullish the maximum price of Grom stock may touch $5.93. However, if the market doesn’t perform as per our expectation the minimum price of Grom stock can be around $3.62.

Grom stock forecast 2029

Grom can be a profitable investment in the long term. As per our forecast, the maximum value of Grom stocks can be around $7.04. The average value of Grom can be around $6.14 if everything goes as per our calculations. However, if the market sees bearish events the minimum value of Grom stock can be down up to $4.29. If more investors are attracted to Grom in between these years the value of Grom can be much higher in 2029 than our forecast.

Grom stock forecast 2030

Grom stock can give great returns if you can hold it till 2030. As per our long-term Grom stock forecast, their value can hit a new ATH level this year. In 2030, we may expect an average value of $8.39 for Grom. If the market gets bullish, Grom may surge more than our forecast. The maximum value of Grom can be around $10.64 in 2030. However, the minimum value of Grom can be around $5.53 if the market turns bearish.

Grom stock forecast 2031

The performance of Grom can be bullish in 2031 but it will hardly touch the recent ATH. By 2031, we may expect an average price of $9.41. If current growth continues, our maximum forecast for Grom is $12.49 in 2031. The minimum price level of Grom can be around $8.15 if the market turns bearish. However, if the market gets bullish, Grom may surge more than our forecast in 2031.

Grom Inc Chart


Is Grom a good stock to buy?

Grom stock is showing a risk-framing segment. Some market analysts have suggested that the price of Grom stock can go down if the market doesn’t see a good recovery. The stock performed like a star in its initial phase but now it is struggling to gain its position. However, if the company takes some bold steps the Grom stock may recover in the next few months.

Investors need to keep in mind that stock forecasts are not always trustable. Even though Grom’s performance seems bullish in the long term, Grom and other stocks are subject to market risk. If you are a smart investor and believe to make long-term investments, Grom can be a good choice. Before making any investment decision in Grom or any other stock proper risk management is suggested.

Will Grom stock recover?

Grom Inc is currently struggling to manage its position. If we measure the current performance, it doesn’t look like the Grom stock will recover very soon. As per our long-term forecast, the performance of stock may improve but it will hardly touch the recent ATH.

However, in the stock market, nothing is impossible. As we have seen in the past, a great bull run or bear rally can destroy all the stock forecasts in seconds so it’s not easy to say that the forecasts can be accurate. If more investors are attracted to Grom stocks and pump their investment the value of Grom can skyrocket and it may hit the recent ATH before our forecast.


FAQs

What is the latest price target for Grom?

There are many analysts in the market that has given different price target for Grom stock. The latest average price target for Grom is $1.81.

Will Grom stock go up?

Grom is one of the most popular Internet stocks in the market that has the potential to touch new highs. However, It’s not easy to forecast the accurate price behavior of Grom or any other stock. The current market sentiments look bearish but the performance of Grom stock may improve in the next few months.

Will Grom be profitable?

According to some market analysts, the company has not been able to generate good profits yet. The financial performance of Grom Social also looks poor.

Where will Grom stock be in 5 years?

The long-term forecast for Grom looks bullish but the actual value of Grom stock in five years depends on many factors including the company‚Äôs financial performance, demand, and supply of Grom products. As per our price forecast, the maximum price level of Grom can be between $3 to $5 in the next 5 years, if current growth continues. However, market experts have suggested that the stock can be zero if the company situation doesn’t improve.

Where will the Grom stock be in 10 years?

If we measure the past performance of Grom and the current market situation the long-term forecast of Grom stock looks bullish. The market movement can be positive in the upcoming months. Even if the current performance continues, Grom may cross $10 in the next 10 years. However, if you’re looking for big gains, it depends upon which type of investment you choose, for the long term or the short one.

Is Grom a good long term investment?

It’s almost impossible to forecast the accurate value of stocks but a long term investment in Grom looks profitable. As we have measured the performance of the stock it is looking risky. If Grom products attract more customers or more investors are attracted to Grom stocks the value of Grom stocks may improve in upcoming years. We suggest our readers conduct the maximum level of research before making any investment decision in Grom.