What is the price target for Ohmyhome stock?

On September 27, 2024, Maxim Group revised its price target for Ohmyhome Limited, lowering it from $3 to $1.50. This adjustment reflects the market's evolving perception of the company's potential and future prospects.

Just two days prior, on September 25, 2024, Ohmyhome Limited announced its stellar mid-year growth, a testament to the company's resilience and success amidst challenging market conditions. The announcement was met with enthusiasm by investors and industry observers alike.

In the same press release, Ohmyhome reported its first-half earnings per share (EPS) for 2024, which came in at S$0.10. This figure represents a slight decline from the S$0.13 EPS recorded during the same period last year, highlighting the need for the company to continue its efforts in driving growth and profitability.

Ohmyhome's performance has garnered attention from various sources, including TipRanks, which has been closely monitoring the company's developments. The platform provides valuable insights and analysis to investors, helping them make informed decisions about their investments.

In addition to its CORE real estate services, Ohmyhome has also ventured into the world of cryptocurrency through partnerships with leading exchanges like BTCC. BTCC, a top cryptocurrency exchange, offers a range of services including spot trading, futures trading, and secure wallet solutions, making it an attractive partner for companies looking to expand their offerings in the digital asset space.