Gaia (NASDAQ:GAIA) Upgraded at Roth Capital

Roth Capital upgraded shares of Gaia (NASDAQ:GAIA) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports. Roth Capital also issued estimates for Gaia’s Q4 2024 earnings at ($0.03) EPS, FY2024 earnings at ($0.22) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS, FY2025 earnings at ($0.07) EPS and FY2026 earnings at $0.10 EPS.

A number of other analysts have also recently weighed in on GAIA. StockNews.com assumed coverage on shares of Gaia in a research note on Saturday, February 8th. They issued a “buy” rating for the company. Lake Street Capital boosted their target price on shares of Gaia from $6.00 to $7.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Finally, Roth Mkm assumed coverage on shares of Gaia in a research report on Tuesday. They set a “buy” rating and a $10.00 target price on the stock.

Gaia Price Performance

NASDAQ GAIA opened at $5.02 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $117.80 million, a PE ratio of -18.59 and a beta of 0.71. The company has a 50 day moving average price of $5.04 and a two-hundred day moving average price of $5.11. Gaia has a 12-month low of $2.78 and a 12-month high of $6.53.

Hedge Funds Weigh In On Gaia

Hedge funds have recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Gaia in the 3rd quarter valued at $49,000. Renaissance Technologies LLC raised its stake in shares of Gaia by 4.1% in the 4th quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock valued at $855,000 after buying an additional 7,460 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Gaia by 13.9% in the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock valued at $872,000 after buying an additional 21,870 shares in the last quarter. Finally, Peapod Lane Capital LLC acquired a new stake in shares of Gaia during the 4th quarter worth about $2,804,000. Institutional investors and hedge funds own 40.53% of the company’s stock.

About Gaia

Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.