Playtika (NASDAQ:PLTK) Issues Quarterly Earnings Results

Key Points

• Playtika reported quarterly EPS of $0.32, beating the $0.22 consensus, and revenue of $673.8 million, slightly ahead of estimates but down 0.1% year over year. Adjusted EBITDA hit a record $252.1 million, and the company reaffirmed full-year guidance.
• Direct-to-consumer revenue increased 31.4% year over year to $275.1 million, or 40.8% of total revenue, helping reduce platform fees. However, daily active users fell 13.4% and daily paying users declined 5.9% year over year.
• After completing a strategic review, Playtika plans to remain independent and refinance upcoming debt maturities without increasing total debt.

Playtika (NASDAQ:PLTK - Get Free Report) released its earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.10, FiscalAI reports. The firm had revenue of $673.80 million for the quarter, compared to analysts' expectations of $666.98 million. Playtika had a negative net margin of 9.89% and a negative return on equity of 65.82%. The company's quarterly revenue was down .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.11 earnings per share.

Here are the key takeaways from Playtika's conference call:

• Playtika reported Q3 revenue of $673.8 million and record Adjusted EBITDA of $252.1 million, up 15.9% year over year, with a 37.4% margin. The company reaffirmed full-year guidance and expects to finish near the midpoint: $2.75–$2.85 billion in revenue and $750–$790 million in Adjusted EBITDA.
• SuperPlay revenue grew at a strong double-digit rate, and Disney Solitaire was up 88.4% year over year; management said the studio is now profitable and expects it to remain profitable for the full year. June’s Journey also grew 12.1% year over year, while Slotomania has stabilized.
• Direct-to-consumer revenue rose 31.4% year over year to $275.1 million, reaching 40.8% of total revenue—well ahead of the company’s previously stated target. Management said the growing DTC mix is helping reduce platform fees.
• Average daily active users fell 13.4% year over year to 7.1 million, and average daily paying users declined 5.9% to 333,000. Management attributed the declines to lower acquisition spending, including reduced investment in channels that brought Bingo Blitz players with weaker retention.
• The board’s strategic review is complete, and Playtika plans to continue as an independent company while strengthening its balance sheet. It intends to refinance upcoming debt maturities without increasing total debt, but gave no timing or expected refinancing terms.

Playtika Price Performance

NASDAQ PLTK traded up $0.13 during mid-day trading on Friday, reaching $2.44. The stock had a trading volume of 2,351,444 shares, compared to its average volume of 1,168,749. The stock has a market cap of $930.66 million, a PE ratio of -3.34 and a beta of 1.08. Playtika has a 1 year low of $1.88 and a 1 year high of $4.42. The company has a fifty day moving average price of $2.19 and a 200 day moving average price of $3.05.

Trending Headlines about Playtika

Here are the key news stories impacting Playtika this week:

• Positive Sentiment: Playtika reported Q3 2026 adjusted earnings of $0.32 per share, above analyst expectations of about $0.22, and revenue of $673.8 million, ahead of estimates near $667 million. The earnings beat is a positive signal, although revenue was nearly unchanged year over year. Playtika tops Q3 earnings and revenue estimates
• Positive Sentiment: The company’s board chose to keep Playtika independent rather than pursue a sale. The decision was associated with a favorable market response, though it also means investors should not count on a near-term acquisition. Playtika surges after opting to remain independent
• Neutral Sentiment: Revenue was down 0.1% year over year and 7.8% sequentially. Direct-to-consumer revenue was $275.1 million, up 31.4% year over year but down 4.1% from the prior quarter, showing growth in that channel alongside near-term softness. Playtika Q3 2026 financial results
• Negative Sentiment: Wedbush lowered its price target on PLTK to $3 from $4 while maintaining a Neutral rating, indicating reduced expectations for the shares. Wedbush cuts Playtika price target

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Morgan Stanley set a $4.25 target price on shares of Playtika in a research report on Monday, August 10th. Wall Street Zen lowered shares of Playtika from a "buy" rating to a "hold" rating in a report on Saturday, August 22nd. The Goldman Sachs Group set a $3.75 price objective on shares of Playtika in a research report on Friday, August 7th. Citigroup dropped their price objective on shares of Playtika from $3.50 to $3.00 and set a "buy" rating for the company in a report on Thursday, October 29th. Finally, Roth Capital cut their target price on shares of Playtika from $3.50 to $2.75 and set a "neutral" rating for the company in a research report on Monday, August 31st. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Playtika has a consensus rating of "Hold" and an average price target of $3.35.

About Playtika

Playtika Holding Corp. is a digital entertainment company that develops and operates free-to-play mobile and web games. Its business focuses on social casino, casual, and other interactive gaming experiences that generate revenue through in-game purchases and advertising.

Playtika's portfolio has included widely recognized titles such as Slotomania, Bingo Blitz, House of Fun, Caesars Slots, and World Series of Poker. The company uses data analytics, live-operations capabilities, and ongoing content updates to engage players and support the long-term performance of its games.

Founded in 2010, Playtika initially helped pioneer free-to-play social casino gaming on social networks and later expanded into mobile platforms.

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