Market Snapshot

S&P Futures
Dow Futures
NASDAQ Futures

Is Allied Esports Entertainment Inc.’s (AESE) fundamentals good enough to deliver an outperformance?

Related Topics

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

The performance of AESE so far this year rests at 58.23%. Charts for the past week and month show a gain of 17.92% and 22.55% respectively for the stock’s price.

Allied Esports Entertainment, Inc. (NASDAQ: AESE) offers audiences worldwide a transformative live experience with multiplatform content and interactive services thanks to its strategic merging of two powerful entertainment brands: Allied Esports International, Inc. (Allied Esports) and the World Poker Tour (WPT).

Most recent Developments

AJanuary 19, 2021, Allied Esports Entertainment, Inc. has disclosed a definitive agreement with Element Gaming under which the latter will acquire the Company’s poker-related assets, including the World Poker Tour entities.

In accordance with the contract, World Poker Tour will be acquired by Element for a total of $78,250,000, comprised of a $68,250,000 upfront payment and a fully guaranteed 5 % revenue share of tournament entry fees on Element’s gaming platforms, reached a maximum of $10 million.

January 13, 2021, Allied Esports a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE) and HyperX made the news by renewing their exclusive name-rights agreement on their global flagship property, HyperX Esports Arena Las Vegas, located at the Luxor Hotel & Casino.

December 17, 2020, Allied Esports, a subsidiary of Allied Esports Entertainment Inc., has partnered with Trovo to hold three $10,000 mobile esports tournaments featuring popular Battle Royale games– Fortnite, PLAYERUNKNOWN’S BATTLEGROUNDS (PUBG) Mobile and Call of Duty Mobile – starting December 20, 2020.


Based on Wall Street broker comments on the expected price targets for this stock, we can see that 1 analyst have offered their price targets for AESE. The consensus price objective is $3.00. In the event that the share price goes down, analysts have set the share’s price value at $2.50, the high and a low, respectively. In addition, analysts believe Allied Esports Entertainment Inc.’s stock will trade at a discount of 1.50 in the next 12 months.

Sign up for our FREE Newsletter and get:
Sign up for our FREE Newsletter and get:


Latest Posts