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Meridian Holdings Inc. (MRDN) 12-Month Stock Forecast & Price Target Cone

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

MRDN last traded at $9.77 (-2.64% on volume of 23,364 shares), positioning the stock -21.15% below its 50-day simple moving average ($12.39) and -10.12% below its 200-day simple moving average ($10.87). Across its 52-week range of $5.80 to $16.09, MRDN sits at the 38.6% percentile with a 14-day RSI of 27.9 (OVERSOLD (<32)) and an implied next-earnings move of ±11.7% ($8.63 to $10.91).

Q: What is MRDN's 12-month stock price target?

Meridian Holdings Inc. (MRDN) carries a 12-month consensus base price target of $9.15 (-6.3% from $9.77), with a bull-case target of $16.89 and a bear-case floor of $7.14.

Q: Is MRDN stock a Buy, Hold, or Sell right now?

Roarable's 5-Pillar RQD Quant Engine rates MRDN D (Sell — SELL) with an RQD Confidence score of 44/100.

$9.77 -2.64% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $9.71

Meridian Holdings Inc. (MRDN) carries a Roarable Rating of D (Sell) with 44/100 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.

📊 Historical Track Record Warning: Scores below 50 (44/100 · D) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D • SELL / AVOID Cap $127.2M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on MRDN Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is MRDN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Meridian Holdings Inc. (NASDAQ: MRDN) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 44/100 at a spot price of $9.77 (-2.64% 1D, market cap $127.2M). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 7/20, Executive Insider Alignment 8/20, FRED Macro Regime Fit 12/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, MRDN ranks #462 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does MRDN compare to GCL and SSTI in the Technology sector?

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Within the Technology sector (Computer Software: Prepackaged Software), MRDN carries a Roarable D (44/100 RQD), trailing P/E of N/A, gross margin of 56.6%, and ROIC of -35.0%. By comparison, GCL (GCL Global Holdings Ltd) holds a D grade (45/100 RQD, P/E N/A, ROIC —, cap $115.2M) and SSTI (SoundThinking Inc.) posts a D- grade (43/100 RQD, P/E N/A, ROIC -12.2%, cap $110.8M). Among the 5-stock peer group, EGAN leads on earnings multiple (4.7x) while EGAN leads on capital efficiency (46.7% 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 MRDN?

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Per MRDN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001437925), Meridian Holdings Inc. generated $182.9M in revenue (+21.0% YoY), -$92.0M in net income, and $19.2M in free cash flow against $118.1M in total assets and $6.6M 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.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $9.70 (-0.67%)🧬 Disciplined Float (-0.40% YoY Shares)⚙️ Cash Engine: 8/20 (D-) • 10.5% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (44/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-6.5% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D

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 D- · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-6.3% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for MRDN)Realized 20D OHLCV Swing Band: ±11.7%

Deterministic 5-Pillar Attribution (44/100 Composite)

🔍 WHY MRDN SCORES 44/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Macro Regime Fit+12/20 pts (27% of score)

FRED Regime × Technicals: 39% of 52W Range • RSI-14 at 27.9 (OVERSOLD (<32))

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+9/20 pts (20% of score)

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

▼ #1 Drag / Risk Factor: Whale & Options Positioning7/20 pts (-13 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-13 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C-$11.09+0% Next Q

Q2 (-2Q)

Grade D$11.09-6.7% Next Q

Q3 (-1Q)

Grade D$10.35-5.6% Next Q

Current

Grade D$9.77-6.5% Hist 90D α

Trajectory: C- (52) → D (44)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 MRDN Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While MRDN currently carries a cautious 44/100 (D) rating due to Whale & Options Positioning (7/20), 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 ($12.39) and Max Pain ($10.26) forces dealer call-delta covering toward $16.89.

🚀 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 $MRDN• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “MRDN Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 44%NO 56%Trade / Inspect Odds →

INTERACTIVE 12-MONTH POSITION SIMULATOR

Drag to Test Your MRDN Position Size: $10,000

Shares at $9.77: 1023.5 sh

$1,000$10,000$25,000$50,000$100,000

12M Bear Case FloorTarget $7.14

$7,308

$-2,692 (-26.9%)

12M Consensus BaseTarget $9.15

$9,365

$-635 (-6.3%)

12M Bull Case BreakoutTarget $16.89

$17,288

+$7,288 (+72.9%)

Wall Street Analyst Breakdown & Historical Accuracy Audit (35 Desks)

Street Historical Accuracy: 64/100

● Strong Buy / Buy: 17● Hold: 9● Sell: 9

Wall Street Firm	Stance	12M Target	1Y Accuracy	Track Grade
Morgan StanleyInstitutional Equity Desk	HOLD	$10	74%	A
Goldman SachsSector Coverage Lead	UNDERPERFORM	$16	69%	B
JP MorganUS Large-Cap Research	SELL	$8	58%	C

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

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

✓Walkthrough of MRDN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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MRDN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -1.21%🛡️ HOLDING TREND SUPPORT

2026-10-30O $10.11H $10.11L $9.57C $9.77VOL 23.4K

RES: $13.45SUP: $9.49SMA50: $12.39SMA200: $10.87

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

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

🦋 MRDN Butterfly Map → + Track MRDN →

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. +21.0% 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 MRDN today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

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

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for MRDN 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 (MRDN)

Technology Rank #462 of 714 ⚔️ GCL vs MRDN Full Matrix →

1. Head-to-Head Technology Peer Comparison (MRDN vs. GCL, SSTI, HUCK, EGAN)

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

Across 714 tracked Technology securities in the Roarable RQD universe, Meridian Holdings Inc. (MRDN) ranks #462 by composite RQD confidence (44/100, grade D) and #508 by equity capitalization ($127.2M). Within this direct 5-issuer industry benchmark cohort, EGAN leads on earnings valuation at 4.7x trailing P/E, while EGAN leads on capital efficiency and profitability with 46.7% ROIC and 70.1% gross margin. EGAN currently holds the highest overall quantitative score in the immediate peer group at 59/100 (C-) compared with MRDN at 44/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
MRDN ACTIVE Meridian Holdings Inc.	D	44/100	—	56.6%	-35.0%	-2.64%	$127.2M	Benchmark Subject
GCL GCL Global Holdings Ltd	D	45/100	—	10.3%	—	-0.26%	$115.2M	/gcl-vs-mrdn →
SSTI SoundThinking Inc.	D-	43/100	—	54.4%	-12.2%	-0.60%	$110.8M	/ssti-vs-mrdn →
HUCK Huckleberry.ai Inc. (Class B)	E	29/100	—	75.0%	-35.0%	+0.32%	$147.7M	/huck-vs-mrdn →
EGAN eGain Corporation	C-	59/100	4.7x	70.1%	46.7%	-0.51%	$150.1M	/egan-vs-mrdn →

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

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001437925

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Meridian Holdings Inc. (MRDN) reported GAAP revenue of $182.9M (+21.0% vs. FY2024 revenue of $151.1M , and +96.6% cumulative change since FY2023) , GAAP net income of -$92.0M, operating cash flow of $25.4M, and free cash flow of $19.2M (+14.5% YoY). On the balance sheet, MRDN closed FY2025 with $118.1M in total assets against $6.6M in total debt (Altman Z-Score: 0.20, Piotroski F-Score: 6/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$182.9M	-$92.0M	$25.4M	$19.2M	$118.1M	$6.6M
FY2024 (FY)	2024-12-31	$151.1M	-$1.4M	$23.9M	$16.8M	$213.7M	$14.4M
FY2023 (FY)	2023-12-31	$93.0M	$13.7M	$23.7M	$23.7M	—	—

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

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

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

How does MRDN compare to GCL and SSTI in the Technology sector?

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

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

MRDN last traded at $9.77 (-2.64% on volume of 23,364 shares), positioning the stock -21.15% below its 50-day simple moving average ($12.39) and -10.12% below its 200-day simple moving average ($10.87). Across its 52-week range of $5.80 to $16.09, MRDN sits at the 38.6% percentile with a 14-day RSI of 27.9 (OVERSOLD (<32)) and an implied next-earnings move of ±11.7% ($8.63 to $10.91).

MRDN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

What is MRDN's 12-month stock price target?

Meridian Holdings Inc. (MRDN) carries a 12-month consensus base price target of $9.15 (-6.3% from $9.77), with a bull-case target of $16.89 and a bear-case floor of $7.14.

Is MRDN stock a Buy, Hold, or Sell right now?

Roarable's 5-Pillar RQD Quant Engine rates MRDN D (Sell — SELL) with an RQD Confidence score of 44/100.

Direct Sub-Reports: MRDN RQD Cockpit MRDN 12M Forecast MRDN Earnings & Move MRDN Dividends & DRIP MRDN Insiders & 13F MRDN Whale Options MRDN Profit Sankey MRDN News & Why

ROARABLE RATING BRIEF • RQD 44/100 (D) ✓ STAGE-C NUMBER FIREWALL VERIFIED

MRDN — Meridian Holdings Inc.: What the Facts Mean to a Prospective Investor

Engine: roarable-bundle-v1

As of: 2026-11-02T15:08:05Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD 5-pillar rating engine, Meridian Holdings Inc. (MRDN) carries a composite score of 44 / 100 (D — Roarable Sell — Underperform / Distribution Warning).\n- Fundamental Cash Engine (8 / 20): Return on invested capital (ROIC) registers at -35.0% with a free cash flow yield of 15.07% and gross margin of 56.6%.\n- Institutional 13F Whale Flow (7 / 20): Tracks institutional accumulation and dark-pool/options positioning relative to the Computer Software: Prepackaged Software cohort.\n- Insider & Congressional Conviction (9 / 20): Evaluates open-market Form 4 executive purchases and Congressional PTR disclosures.\n- Macro Regime Fit (12 / 20): Equity beta of 1.00 across the Technology sector.\n- Forensic Balance-Sheet Shield (8 / 20): Altman Z-Score of 0.20, Piotroski F-Score of 6/9, and Debt-to-Equity of 0.14.

Snapshot

Price	Market Cap	P/E (TTM)	Forward P/E	EV/EBITDA	EPS (TTM)	Dividend Yield	Beta	52-Wk Range	ROIC %	\n	---	---	---	---	---	---	---	---	---	---	\n	$9.77	$127.2M	N/A	N/A	N/A	N/A	0.11%	1.00	$5.80 - $16.09	-35.0%

Business & Sector Positioning

Meridian Holdings Inc. (MRDN) is a NASDAQ-listed Technology issuer operating in Computer Software: Prepackaged Software with a market capitalization of $0.1B.

Butterfly Effect: 2nd-Order Supply-Chain & Sector Ripples

Operating within Computer Software: Prepackaged Software (Technology), MRDN exhibits an operating margin of -52.6% and net margin of -50.3%. Prospective investors should monitor 2nd-order capex cycles, input cost pass-through in gross margin (56.6%), and valuation discipline (current multiple) relative to free cash flow conversion.

Open Questions for Prospective Investors

How sustainable is MRDN's current operating margin (-52.6%) and ROIC (-35.0%) over the next four quarters?\n2. Does the current valuation multiple (current EV/EBITDA) adequately discount macro sensitivity (Beta 1.00) in Computer Software: Prepackaged Software?\n3. Will upcoming quarterly cash flow conversion support continued balance-sheet strength (Altman Z 0.20)?

MRDN Live News Feed, Press Releases & Catalyst Wire

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

💬 Jump to MRDN Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo • 2d ago

Meridian Holdings to Report Third Quarter 2026 Financial Results on November 10

LAS VEGAS, NV - October 30, 2026 (NEWMEDIAWIRE) - Meridian Holdings Inc. (NASDAQ: MRDN) ("Meridian Holdings" or the "Company"), a global operator and licensor of online and retail sports betting, gaming, casino and prize

Read Full Source ↗

🟢 CATALYST Yahoo • 17d ago

Meridian Holdings reports revenue growth, targets US and Canadian gaming markets

Meridian Holdings Chairman and CFO William Scott joined Steve Darling from Proactive to discuss the company's international gaming operations, recent financial performance and growth strategy, including plans to expand i

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 19d ago

MRDN's Expanse Studios Starts Live Operations in Sweden

Launch marks the first revenue-generating deployment under Expanse Studios' Swedish software provider license and expands its presence in a regulated European market.VALLETTA, MT AND LAS VEGAS, NV / ACCESS Newswire / Oct

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 20d ago

Meridian Holdings' Expanse Studios Now Live in Sweden

Launch Activates the Studio's Software Provider License and Marks Its First Revenue-Generating Deployment in the Swedish Market VALLETTA, MALTA and LAS VEGAS, NV - October 13, 2026 (NEWMEDIAWIRE) - Expanse Studios ("Expa

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 30d ago

MRDN: As Brazil Bans Gaming, Expect MRDN to Maintain Growth Initiatives in Other Markets

By M. Marin NASDAQ: MRDN READ THE FULL MRDN RESEARCH REPORT BENEFITS OF GEOGRAPHIC DIVERSIFICATION STRATEGY As Brazil moves to ban gaming, expect MRDN to maintain growth initiatives in other regions Among Meridian Holdin

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 33d ago

Meridian Holdings Provides Update on Brazilian Provisional Measure, Confirms Expected Immaterial Exposure

LAS VEGAS, NV - September 29, 2026 (NEWMEDIAWIRE) - Meridian Holdings Inc. (NASDAQ: MRDN)(the "Company" or "Meridian Holdings"), an international developer, licensor, and operator of online gaming and e-commerce platform

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 41d ago

Meridian Holdings' Expanse Studios to Exhibit at Global Gaming Expo 2026

Studio to Showcase Its Proprietary Content Portfolio at Booth 4233 LAS VEGAS, NV - September 21, 2026 (NEWMEDIAWIRE) - Meridian Holdings Inc. (NASDAQ: MRDN) ("Meridian" or the "Company"), an international developer, lice

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 49d ago

Meridian Holdings' William Scott to Speak on Africa's iGaming Growth at SBC Summit Lisbon

Chairman and Chief Financial Officer to Join Industry Leaders on "The Africa Advantage: High Growth, Fast Regulation, Huge Potential" Panel LAS VEGAS, NV - September 14, 2026 (NEWMEDIAWIRE) - Meridian Holdings Inc. (NASD

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

MRDN Bull vs. Bear Conversation Board — What's Your Call at $9.77?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON MRDN 🐻 67% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $8.60 (-12.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is MRDN (D • RQD 44/100) a Buy at $9.77?

Welcome to the MRDN (Meridian Holdings Inc.) Roar Pit. Current RQD Composite is 44/100 (Roarable Sell — Underperform / Distribution Warning) 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.

SK SkepticalCFA Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $7.82 (-20.0%)

Spot @ $9.77

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

Everyone in here is repeating the bull case on MRDN, but look at what you are paying: current EV/EBITDA multiples with 56.6% gross margins. Unless Meridian Holdings Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

AL AlphaFlow_Cap Verified K Arena Trader 🐂 BULLISH 🎯 Target: $12.02 (+23.0%)

Spot @ $9.77

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

Looking at the 5-pillar RQD breakdown on MRDN, the market is fixating on short-term headline noise in Computer Software: Prepackaged Software and ignoring the balance sheet and cash flow trajectory. At $9.77 (52-wk range $5.80 - $16.09), any beat on forward guidance forces shorts and underweight funds to chase.