DWAC Stock Price Prediction (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030) | Digital World Acquisition Corp Businesses, Fundamentals and more.
Are you looking for DWAC Stock Price Prediction? If yes, then you are at the right place.
Digital World Acquisition Corp whose stock symbol is “DWAC“, is a penny stock. And as we know cheap stocks are very risky but might be profitable, if it perform very well.
But a tale arise from here is, DWAC stock can give multibagger returns in future, Is this true? If we look at its returns so far (Oct 2021 – Jul 2023), it is 66%. Looking at it, it seems that it can perform well in the future, But we cannot predict how it will perform in the future just by looking at its past returns.
That’s why, in this post we will predict the DWAC Stock but along with this we will also analysis the stock, So you can decide yourself whether to invest in it or not. Stay tuned till the end of this post, let’s get started.
Digital World Acquisition Corp (DWAC) is a special purpose acquisition company (SPAC) which was established for the purpose of merging or acquiring other businesses. DWAC is created with the primary goal of raising capital through an initial public offering (IPO) and then using those funds to acquire an existing company and take it public.
The management team of DWAC searches for a suitable target company to merge with or acquire, usually in a specific industry or sector. Once the target company is found, the merger or acquisition is completed, and the combined entity becomes publicly traded on stock exchange. This process allows private companies to go public more quickly and with fewer regulatory requirements compared to a traditional IPO.
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|Market Cap||$616.60 M|
|Debt To Equity||-12.7%|
DWAC Financial Trends
If we talk about the Revenue and Profit of DWAC Company then –
There was a revenue of $0 Million in 2022 and a profit of $1.38 Million. In the same 2023, there was a profit of $-15.22 Million with a revenue of $0 Million. Currently the company making huge loss, which is the biggest cons of this stock.
DWAC Stock Price Prediction Table
|Year||Highest Price||Average Price||Lowest Price|
|DWAC Stock Price Prediction 2023||$17.73||$17.15||$16.82|
|DWAC Stock Price Prediction 2024||$18.97||$17.75||$17.07|
|DWAC Stock Price Prediction 2025||$20.30||$18.37||$17.33|
|DWAC Stock Price Prediction 2026||$21.72||$19.01||$17.59|
|DWAC Stock Price Prediction 2027||$23.24||$19.68||$17.85|
|DWAC Stock Price Prediction 2028||$24.87||$20.37||$18.12|
|DWAC Stock Price Prediction 2029||$26.61||$21.08||$18.39|
|DWAC Stock Price Prediction 2030||$28.47||$21.82||$18.67|
For more details about the DWAC Stock Price Prediction, you can watch this video for better understanding –
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DWAC Stock Price Prediction 2023
As I have told you earlier, its has given overall returns of 66% from October 2021 to July 2023. While in past 1 year, DWAC has given a returns of -44% and in last 6 months, its returns was 8%, which sounds good. By analysing this data, It is found that the average DWAC Stock Price Prediction 2023 can be $17.15 while the highest and lowest price can be $17.83 and $16.82.
DWAC Stock Price Prediction 2024
As we can see in the above DWAC Fundamentals table, the fundamentals of the stock is quite weak. The P/E ratio is -40.5 that is for earning one dollar from this stock, you need to loose $40, which makes no sense. While the company has huge debt, and its debt to equity ratio is -12.7%.
Most of the fundamentals metrics of this Stock is negative, which is very poor. And I personally never invest in such types of stock, because the chances of profit is very less. Analysing this, we can conclude that the average DWAC Stock Price Prediction 2024 can be $17.75 and the highest and lowest price can be $18.97 and $17.07.
DWAC Stock Price Prediction 2025
The financial trends of DWAC are very weak right now. As we can see, the company is making losses every year, even in 2023 the company has made loss of $-15.22 Million. And decline in financials of such company is not considered good.
The experts are forecasting that, by 2025 company can make a little profit, but the chances of this, is also low. So according to its historical data, it is being predicted that the average DWAC Stock Price Prediction 2025 can be $18.37 while highest price can be $20.30 and lowest will be be $17.33.
DWAC Stock Price Prediction 2030
By 2030, the stock may survive well if it improves it’s financial and fundamentals. The analyst has forecasted that the highest and lowest DWAC Stock Price Prediction 2030 can be $28.47 and $18.67, while the average price can be $21.81.
Since my friend, the stock price forecast is predicted by analysing it’s fundamentals and financial. If this will be bad, then how can the stock be forecasted? Therefore, if the fundamentals and financials of the company are good, then its returns will also be good. But frankly speaking, I am never investing or suggesting to invest in such types of stocks whose fundamentals is bad or company is not making any profit.
If you are investing in shares only after seeing the Stock Price Prediction, then do not do this. Because there is not one reason for the crash in the companies share price, there are many reasons for this. Some of them are Bad performance of company, Shares being overvalued, due to economic downturn and political instability etc.
We hope you enjoy knowing the DWAC Stock Price Prediction. If you want any more information then you can ask by commenting. We will try our best to reply to you.
What will be the stock price of DWAC after 5 years?
According to our analysis, price of DWAC stock after 5 years will be $18.12 – $24.87 in 2028. This is the expected price range, stock price of the DWAC can be more or less than the predicted one.
Is DWAC stock can prove to be Multibagger in future
Maybe or maybe not, because currently the fundamentals are so bad and company is not financially stable. If DWAC improves both of this then it will be game changer in future as its business model is quite good.
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