In recent weeks, the share price of Bloober Team has experienced an enormous increase of 80% experienced. The question now is what will happen next with the company and the stock. In this blog post, I would like to point out and analyze some possible future developments for Bloober Team.
Events
- Series and movies related to the games. Bloober Team has published several successful games in the past, including Layers of Fear and The Medium. The company has announced that there are plans to make series and movies based on these titles. If this is successful, it could cause the stock to rise further. However, the implementation of films and series is a lengthy process, and it is uncertain whether it will actually come to fruition.
- Layers of Fear Another positive factor for Bloober Team is the imminent release of Layers of Fear. The game is expected to be released in June 2023. If the game is well-received, this could provide another boost to the stock.
- Silent Hill Another promising project for Bloober Team is its collaboration with Konami on a new Silent Hill game. The game is scheduled for release late this year or early 2023 and is highly anticipated. If the game is a success, this could provide further upside for the stock.
- At least two other games in development In addition to Silent Hill, Bloober Team is working on at least two other games. Details about these games are not yet known, but if they are successful, they could cause a further rise in the stock.
- Listing on the Warsaw Stock Exchange Bloober Team has announced that it plans to list on the Warsaw Stock Exchange. This could increase investor interest in the stock and provide further upside.
https://ir.blooberteam.com/ (2023)
Valuation
P/E RATIO: 20.94
KUV: 6.46
Market capitalization: 105 Mio
Price/cash flow ratio: 21.90
https://de.tradingview.com/symbols/NEWCONNECT-BLO/financials-overview/ (2023)
Conclusion
In summary, there are many positive developments for Bloober Team in the near future that could cause the stock to rise further. However, there are also risks and uncertain factors that should not be ignored. Investors should therefore carefully consider whether to invest in Bloober Team.
It is also positive to see that the CEO increased his stake in Bloober Team by 5.9%. This can be seen as a vote of confidence by management in the future prospects of the company and may boost investor confidence.
Sources:
https://ir.blooberteam.com/ (2023)
https://www.money.pl/gielda/spolki-gpw/plblobr00014,finanse.html (2023)
https://de.marketscreener.com/kurs/aktie/BLOOBER-TEAM-SA-47419042/fundamentals/ (2023)
https://www.blooberteam.com/ (2023)
(No investment advice and no guarantee of completeness)