Why ZDGE Stock dropped -6.40% Today — RQD Quant Desk Flash

$2.34 -6.40% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $2.31

Zedge Inc. (Class B) (ZDGE) carries a Roarable Rating of D- (Sell) with 35/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D- • RED ALERT Cap $36.3M
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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is ZDGE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, Zedge Inc. (Class B) (NYSE: ZDGE) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 35/100 at a spot price of $2.34 (-6.40% 1D, market cap $36.3M). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 7/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, ZDGE ranks #522 in composite RQD confidence.

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🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does ZDGE compare to ATHR and PXLW in the Technology sector?
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Within the Technology sector (Computer Software: Prepackaged Software), ZDGE carries a Roarable D- (35/100 RQD), trailing P/E of N/A, gross margin of 96.0%, and ROIC of -35.0%. By comparison, ATHR (Aether Holdings Inc.) holds a E grade (25/100 RQD, P/E N/A, ROIC -35.0%, cap $32.4M) and PXLW (Pixelworks Inc.) posts a E grade (28/100 RQD, P/E N/A, ROIC -35.0%, cap $30.9M). Among the 5-stock peer group, ZDGE leads on earnings multiple (N/A) while SKIL leads on capital efficiency (-15.8% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for ZDGE?
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Per ZDGE's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-07-31, CIK 0001667313), Zedge Inc. (Class B) generated $29.4M in revenue (-2.3% YoY), -$2.4M in net income, and $3.3M in free cash flow against $33.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

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INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $2.31 (-1.34%)🧬 Disciplined Float (-0.40% YoY Shares)⚙️ Cash Engine: 8/20 (D-) • 11.4% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (35/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-8.5% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERRED ALERT • D-
025507510035
3-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D-
Cash (8)Whales (3)SEC (7)Macro (8)CEO (9)
Each axis scored 0–20
12M PRICE TARGET CONE-10.3% Base Target
$5 Bull$2 Base$2 Bear
📬 FREE ZDGE RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for ZDGE)Realized 20D OHLCV Swing Band: ±9.4%
Deterministic 5-Pillar Attribution (35/100 Composite)
🔍 WHY ZDGE SCORES 35/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Insider Conviction & Share Dilution+9/20 pts (26% of score)

SEC Form 4 / 13F Thermometer: 45% Net Buy • Disciplined Float (-0.40% YoY Shares)

▲ #2 Bullish Driver: Cash Engine Quality+8/20 pts (23% of score)

SEC XBRL FY 2025 (10-K): 11.4% FCF Margin ($3.3M FCF) & 99.5% Gross Margin

▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
43
Grade D$2.86-3.5% Next Q
Q2 (-2Q)
40
Grade D$2.76-7.2% Next Q
Q3 (-1Q)
38
Grade E$2.56-8.6% Next Q
Current
35
Grade D-$2.34-8.5% Hist 90D α
Trajectory: D (43) → D- (35)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a ZDGE Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While ZDGE currently carries a cautious 35/100 (D-) rating due to Whale & Options Positioning (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Technology with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($2.89) and Max Pain ($2.46) forces dealer call-delta covering toward $4.94.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (-0.40% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $ZDGE• $4.8M Crowd Pool • Kalshi / Polymarket Composite
Contract: “ZDGE Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”
AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →

Why ZDGE Stock dropped -6.40% Today — RQD Quant Desk Flash

Zedge Inc. (Class B) (ZDGE) dropped -6.40% to $2.34, trading at 5% of its 52-week range ($2.21 – $4.7). Stretched risk/reward at current multiples (-35% return on capital) under elevated 10-year interest-rate pressure.

  • ▸Technical Tape: Trading at 5% of its 52-week range ($2.21 – $4.7) with RSI-14 at 31.8 (OVERSOLD (<32)).
  • ▸Volatility Profile: Historical 20-day realized swing band of ±9.4% around $2.34 (no active unusual options sweep snapshot on file).
  • ▸Fundamental Anchor: Roarable D- (Sell) backed by 99.5% gross margin and $3.3M annual free cash flow.
Live ZDGE Headlines & Catalysts
CATALYSTYahoo • 4d ago
Zedge Announces Quarterly Cash Dividend

NEW YORK, NY / ACCESS Newswire / October 29, 2026 / (NYSE AMERICAN:ZDGE), $ZDGE, a company that builds and operates creator communities serving 20 million monthly active users, today announced that its Board of Directors

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Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring ZDGE)

  • ✓Walkthrough of ZDGE's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
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ZDGE // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -28.22%🛡️ HOLDING TREND SUPPORT
2026-11-03O $2.50H $2.50L $2.34C $2.34VOL 77.3K
RES: $3.01SUP: $2.31SMA50: $2.89SMA200: $3.03
$4.45$3.87$3.30$2.73$2.15RES $3.01SUP $2.31$2.342026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ZDGE Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
8.0%/yr Implied 5Y Growth

vs. -2.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on ZDGE today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ZDGE. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for ZDGE today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (ZDGE)

Technology Rank #522 of 714 ⚔️ ATHR vs ZDGE Full Matrix →

1. Head-to-Head Technology Peer Comparison (ZDGE vs. ATHR, PXLW, SKIL, CLPS)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, Zedge Inc. (Class B) (ZDGE) ranks #522 by composite RQD confidence (35/100, grade D-) and #578 by equity capitalization ($36.3M). Within this direct 5-issuer industry benchmark cohort, ZDGE leads on earnings valuation at N/A trailing P/E, while SKIL leads on capital efficiency and profitability with -15.8% ROIC and 73.7% gross margin. ZDGE currently leads its immediate peer cohort in composite quantitative strength at 35/100 (D-).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
ZDGE ACTIVE
Zedge Inc. (Class B)
D- 35/100 — 96.0% -35.0% -6.40% $36.3M Benchmark Subject
ATHR
Aether Holdings Inc.
E 25/100 — 70.8% -35.0% 0.00% $32.4M /athr-vs-zdge →
PXLW
Pixelworks Inc.
E 28/100 — 85.0% -35.0% -4.85% $30.9M /pxlw-vs-zdge →
SKIL
Skillsoft Corp. (Class A)
E 32/100 — 73.7% -15.8% -11.21% $43.2M /skil-vs-zdge →
CLPS
CLPS Incorporation
E 34/100 — 22.1% — +4.40% $28.4M /clps-vs-zdge →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-07-31 • CIK 0001667313

In its most recent audited fiscal period (FY2025, filed 2025-07-31), Zedge Inc. (Class B) (ZDGE) reported GAAP revenue of $29.4M (-2.3% vs. FY2024 revenue of $30.1M , and +7.9% cumulative change since FY2023) , GAAP net income of -$2.4M, operating cash flow of $3.4M, and free cash flow of $3.3M (-42.5% YoY). On the balance sheet, ZDGE closed FY2025 with $33.8M in total assets against $0 in total debt (Altman Z-Score: 2.76, Piotroski F-Score: 6/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-07-31 $29.4M -$2.4M $3.4M $3.3M $33.8M —
FY2024 (FY) 2024-07-31 $30.1M -$9.2M $5.8M $5.8M $37.1M —
FY2023 (FY) 2023-07-31 $27.2M -$6.1M $3.2M $3.2M — —

3. ZDGE Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is ZDGE stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, Zedge Inc. (Class B) (NYSE: ZDGE) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 35/100 at a spot price of $2.34 (-6.40% 1D, market cap $36.3M). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 7/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, ZDGE ranks #522 in composite RQD confidence.

How does ZDGE compare to ATHR and PXLW in the Technology sector?

Within the Technology sector (Computer Software: Prepackaged Software), ZDGE carries a Roarable D- (35/100 RQD), trailing P/E of N/A, gross margin of 96.0%, and ROIC of -35.0%. By comparison, ATHR (Aether Holdings Inc.) holds a E grade (25/100 RQD, P/E N/A, ROIC -35.0%, cap $32.4M) and PXLW (Pixelworks Inc.) posts a E grade (28/100 RQD, P/E N/A, ROIC -35.0%, cap $30.9M). Among the 5-stock peer group, ZDGE leads on earnings multiple (N/A) while SKIL leads on capital efficiency (-15.8% ROIC).

What are the biggest fundamental strengths and SEC risk factors for ZDGE?

Per ZDGE's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-07-31, CIK 0001667313), Zedge Inc. (Class B) generated $29.4M in revenue (-2.3% YoY), -$2.4M in net income, and $3.3M in free cash flow against $33.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is ZDGE trading relative to its 50-day, 200-day, and 52-week technical levels?

ZDGE last traded at $2.34 (-6.40% on volume of 77,271 shares), positioning the stock -19.03% below its 50-day simple moving average ($2.89) and -22.77% below its 200-day simple moving average ($3.03). Across its 52-week range of $2.21 to $4.70, ZDGE sits at the 5.2% percentile with a 14-day RSI of 31.8 (OVERSOLD (<32)) and an implied next-earnings move of ±9.4% ($2.12 to $2.56).

ZDGE Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Why is ZDGE stock moving today?

Why ZDGE Stock dropped -6.40% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (-35% return on capital) under elevated 10-year interest-rate pressure.

ROARABLE RATING BRIEF • RQD 35/100 (D-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

ZDGE — Zedge Inc. (Class B): What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:47:53Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, ZDGE scores 35 out of 100, grade D-, with the verdict "Roarable Sell — Vulnerable Balance Sheet & Flow." Across the five pillars: Fundamental Cash Engine 8/20 (ROIC -35%; FCF yield 8.6%); Whale 13F Flow 3/20 (institutional accumulation and options positioning); Insider Conviction 9/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit 8/20 (Beta 1.0; sector sensitivity); Forensic Balance Sheet 7/20 (Altman Z 2.76; Piotroski F 6/9; Debt/Equity 0.5). The weakest pillar is institutional flow, which the rating places at 3 of 20, meaning the data does not show meaningful institutional support. The strongest pillars, insider conviction and the cash/balance-sheet metrics, are still scored well below half their maximums. For a prospective investor, the rating's main implication is that the stock's upside case depends on operating improvement the source data does not yet show: a negative ROIC and negative operating and net margins sit alongside a positive free cash flow yield, so cash generation and accounting profitability are diverging. Valuation tradeoffs are hard to assess because P/E, forward P/E, and EV/EBITDA are unavailable. Investors weighing this name would need to reconcile a low market capitalization and a positive FCF yield against persistent operating losses and weak flow signals.

Business

Zedge Inc. (Class B) (ZDGE) is a NYSE-listed issuer in the Technology sector, operating in the Computer Software: Prepackaged Software industry. Per the company profile, its market capitalization is $0.0B on the profile summary, which conflicts with the $38.8M figure in market data. Not available in source data: a description of specific products, customers, or revenue model.

Financial Trend

PeriodRevenueOperating IncomeNet IncomeEPSFCFCashDebt
FY 2025$29.4M$-3.2M$-2.4MN/A$3.3M$19.1MN/A
FY 2024$30.1M$-11.8M$-9.2MN/A$5.8M$20.1MN/A
FY 2023$27.2M$-6.9M$-6.1MN/A$3.2MN/AN/A

Per the SEC financials, revenue moved from $27.2M (FY 2023) to $30.1M (FY 2024) and then $29.4M (FY 2025), while operating losses narrowed from $-11.8M to $-3.2M over the latest two years. Per the market data, gross margin is 96%, operating margin -11%, net margin -8.1%, and ROIC -35%. Per the Roarable RQD rating, the Altman Z-Score is 2.76, the Piotroski F-Score is 6/9, and Debt/Equity is 0.5. Free cash flow remained positive in each reported year, while cash declined from $20.1M to $19.1M.

Recent Catalysts & News Wire Analysis

  • Market wire (YELLOW): Yahoo! Finance Canada, Moomoo, TradingView, Benzinga, and Stock Titan items report general market action, institutional positioning, and catalysts; these are generic coverage notices without specific content in the source.
  • Risk watch (RED): Yahoo Finance headline "Zedge (ZDGE) Stock Fair Value Falls As Margin View Weakens On Traffic Risks" flags weakening margin outlook and traffic risks.
  • Dividend: TradingView item reports a quarterly dividend declaration; per the market data, the dividend yield is listed as 0%.
  • Earnings call: Stock Titan notes a results call at 4:30 p.m. Eastern on Oct. 26 where Zedge will discuss its outlook; Benzinga lists a Q4 2026 earnings call transcript.
  • Proprietary signals: None. Per the Butterfly Supply-Chain Graph, the supply chain is NONE with no links.

Open Questions

  • What is the source of the discrepancy between the $0.0B market capitalization in the profile and the $38.8M figure in market data?
  • Why does FCF remain positive while operating and net income are negative, and which items explain the gap?
  • What are the EPS, debt, and cash figures for FY 2023 and FY 2025, which are listed as N/A or not reported?
  • What specific traffic and margin risks does the RED-flagged news item reference?
  • What do the Q4 results and outlook discussed on the Oct. 26 call show, and are they reflected in the data?

ZDGE Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Zedge Inc. (Class B) (ZDGE) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to ZDGE Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

ZDGE Bull vs. Bear Conversation Board — What's Your Call at $2.34?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON ZDGE 🐻 67% BEARISH CONVICTION
1. Pick Your Side on ZDGE:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $2.20 (-12.0%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is ZDGE (D- • RQD 35/100) a Buy at $2.50?

Welcome to the ZDGE (Zedge Inc. (Class B)) Roar Pit. Current RQD Composite is 35/100 (Roarable Sell — Vulnerable Balance Sheet & Flow) in Computer Software: Prepackaged Software. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

SH ShortSeller_Dan Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $2.10 (-16.0%)
Spot @ $2.50

Pump the brakes on ZDGE — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on ZDGE, but look at what you are paying: current EV/EBITDA multiples with 96.0% gross margins. Unless Zedge Inc. (Class B) expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

TA TapeReader_Pro Verified K Arena Trader 🐂 BULLISH 🎯 Target: $2.85 (+14.0%)
Spot @ $2.50

ZDGE cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on ZDGE, the market is fixating on short-term headline noise in Computer Software: Prepackaged Software and ignoring the balance sheet and cash flow trajectory. At $2.50 (52-wk range $2.21 - $4.70), any beat on forward guidance forces shorts and underweight funds to chase.

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