PLAYSTUDIOS (MYPS) Expected to Announce Earnings on Monday

Key Points

• PLAYSTUDIOS will release its Q2 2025 quarterly earnings on August 4th, with analysts predicting a loss of ($0.01) per share and revenue of $61.63 million.
• The company's stock opened at $1.22, with a market capitalization of $152.60 million and a negative PE ratio of -5.08.
• Recent insider trading includes sales by General Counsel Joel Agena and CFO Scott Peterson, who sold shares representing a decrease in their ownership stakes.

PLAYSTUDIOS (NASDAQ:MYPS - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Monday, August 4th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $61.63 million for the quarter. PLAYSTUDIOS has set its FY 2025 guidance at EPS.

PLAYSTUDIOS (NASDAQ:MYPS - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02). PLAYSTUDIOS had a negative net margin of 11.30% and a negative return on equity of 5.83%. The company had revenue of $62.71 million during the quarter, compared to analysts' expectations of $64.45 million.

PLAYSTUDIOS Price Performance

Shares of MYPS stock traded up $0.01 during trading on Thursday, reaching $1.17. The company had a trading volume of 111,988 shares, compared to its average volume of 228,560. The firm's 50 day simple moving average is $1.34 and its two-hundred day simple moving average is $1.44. The company has a market capitalization of $145.72 million, a PE ratio of -4.85 and a beta of 0.90. PLAYSTUDIOS has a one year low of $1.14 and a one year high of $2.29.

Wall Street Analysts Forecast Growth

MYPS has been the topic of several recent research reports. Benchmark upgraded shares of PLAYSTUDIOS from a "hold" rating to a "speculative buy" rating and set a $2.00 price target on the stock in a research note on Tuesday, May 6th. Craig Hallum upgraded shares of PLAYSTUDIOS from a "hold" rating to a "buy" rating and upped their price target for the company from $2.00 to $3.00 in a research report on Friday, May 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $2.80.

Insider Activity at PLAYSTUDIOS

In related news, General Counsel Joel Agena sold 20,000 shares of PLAYSTUDIOS stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $1.27, for a total transaction of $25,400.00. Following the completion of the transaction, the general counsel directly owned 35,301 shares of the company's stock, valued at approximately $44,832.27. The trade was a 36.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Scott Edward Peterson sold 25,000 shares of the business's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $1.24, for a total transaction of $31,000.00. Following the transaction, the chief financial officer owned 601,421 shares of the company's stock, valued at approximately $745,762.04. This trade represents a 3.99% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 199,430 shares of company stock worth $268,624. Company insiders own 14.67% of the company's stock.

Institutional Trading of PLAYSTUDIOS

An institutional investor recently raised its position in PLAYSTUDIOS stock. NewEdge Advisors LLC boosted its stake in PLAYSTUDIOS, Inc. (NASDAQ:MYPS - Free Report) by 5,260.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,015 shares of the company's stock after purchasing an additional 131,515 shares during the period. NewEdge Advisors LLC owned approximately 0.10% of PLAYSTUDIOS worth $170,000 at the end of the most recent reporting period. 37.52% of the stock is owned by hedge funds and other institutional investors.

About PLAYSTUDIOS

PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.