Gaia Inc (GAIA) Received its Third Buy in a Row


After B.Riley FBR and Lake Street gave Gaia Inc (NASDAQ: GAIA) a Buy rating last month, the company received another Buy, this time from Roth Capital. Analyst Darren Aftahi maintained a Buy rating on Gaia Inc today and set a price target of $25. The company’s shares closed yesterday at $16.45.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 13.7% and a 55.9% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gaia Inc with a $26.33 average price target, which is a 60.1% upside from current levels. In a report released today, B.Riley FBR also reiterated a Buy rating on the stock with a $26 price target.

.

See today’s analyst top recommended stocks >>

Based on Gaia Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $6.35 million. In comparison, last year the company had a GAAP net loss of $6.31 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Gaia, Inc. operates a global digital video streaming subscription service and online community. It provides its services through the following channels: Seeking Truth, Transformation, and Yoga. The company was founded by Jirka Rysavy on July 7, 1988 and is headquartered in Louisville, CO.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts