Playtika (NASDAQ:PLTK) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Playtika to “buy” from “hold,” although broader analyst sentiment remains “Hold,” with two Buy, four Hold and one Sell rating and an average price target of $4.08.
• Playtika shares fell 10.6% and opened at $2.94, near the lower end of their 12-month range of $2.64 to $4.42. The company has a $1.12 billion market capitalization and negative profitability metrics, including a -4.03 price-to-earnings ratio and a -9.89% net margin.
• The latest reported quarter showed revenue of $744.7 million, ahead of estimates, but earnings per share of -$0.15 missed expectations; revenue nevertheless increased 5.5% year over year. Institutional investors own approximately 11.94% of the stock.

Playtika (NASDAQ:PLTK - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

A number of other equities research analysts have also commented on PLTK. The Goldman Sachs Group set a $3.75 price objective on Playtika in a research report on Friday. Wedbush upped their target price on Playtika from $3.00 to $4.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Weiss Ratings reissued a "sell (d)" rating on shares of Playtika in a research report on Friday, May 29th. Roth Capital raised their price target on shares of Playtika from $3.00 to $3.50 and gave the stock a "neutral" rating in a report on Wednesday, May 27th. Finally, TD Cowen reaffirmed a "buy" rating on shares of Playtika in a research report on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $4.08.

Playtika Stock Down 10.6%

Shares of Playtika stock opened at $2.94 on Friday. Playtika has a 12 month low of $2.64 and a 12 month high of $4.42. The stock has a market cap of $1.12 billion, a PE ratio of -4.03 and a beta of 1.09. The business has a fifty day simple moving average of $3.67 and a 200-day simple moving average of $3.43.

Playtika (NASDAQ:PLTK - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.22). The business had revenue of $744.70 million for the quarter, compared to analyst estimates of $694.68 million. Playtika had a negative net margin of 9.89% and a negative return on equity of 70.16%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.08 earnings per share. Analysts expect that Playtika will post 0.64 EPS for the current fiscal year.

Institutional Investors Weigh In On Playtika

Large investors have recently bought and sold shares of the business. Greenwich Wealth Management LLC boosted its stake in Playtika by 32.9% during the fourth quarter. Greenwich Wealth Management LLC now owns 16,361 shares of the company's stock worth $65,000 after buying an additional 4,049 shares in the last quarter. Corient Private Wealth LLC increased its holdings in Playtika by 24.5% in the 2nd quarter. Corient Private Wealth LLC now owns 24,626 shares of the company's stock valued at $116,000 after buying an additional 4,842 shares during the period. Signaturefd LLC raised its stake in shares of Playtika by 129.8% in the 4th quarter. Signaturefd LLC now owns 9,113 shares of the company's stock valued at $36,000 after buying an additional 5,147 shares in the last quarter. Comerica Bank lifted its holdings in shares of Playtika by 278.9% during the 4th quarter. Comerica Bank now owns 9,108 shares of the company's stock worth $36,000 after acquiring an additional 6,704 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Playtika by 24.4% during the 4th quarter. Invesco Ltd. now owns 35,570 shares of the company's stock worth $141,000 after acquiring an additional 6,975 shares during the period. 11.94% of the stock is currently owned by institutional investors.

More Playtika News

Here are the key news stories impacting Playtika this week:

• Positive Sentiment: Second-quarter revenue rose 5.0% year over year to $731.1 million, exceeding analysts’ estimate of approximately $713.1 million. Direct-to-consumer revenue increased 63.1% year over year to $286.9 million. Playtika Holding Corp. Reports Q2 2026 Financial Results
• Positive Sentiment: Playtika reported quarterly earnings of $0.13 per share, up from $0.09 a year earlier. One analyst compilation showed adjusted earnings of $0.15 per share, matching consensus estimates. Playtika Holding Q2 Earnings Match Estimates
• Neutral Sentiment: Management maintained full-year 2026 revenue guidance of $2.8 billion to $2.9 billion, broadly consistent with Wall Street’s $2.8 billion estimate. The company did not provide a clearly stated EPS range in the guidance update. Playtika Q2 Earnings Snapshot
• Negative Sentiment: MarketBeat reported EPS of $0.13, missing its $0.15 consensus estimate by $0.02. Revenue also declined 1.8% sequentially, while direct-to-consumer platform revenue fell 1.7% from the prior quarter, suggesting near-term operating momentum remains uneven. Playtika Earnings Results
• Negative Sentiment: Brokerages maintain a consensus “Hold” rating, indicating limited conviction that the current results and guidance justify a more bullish view. Playtika Receives Consensus Hold Rating

About Playtika

Playtika Ltd. NASDAQ: PLTK is a leading developer and publisher of free-to-play mobile and social games. Established in 2010 and headquartered in Herzliya, Israel, the company has built a reputation for creating engaging, social casino and casual gaming experiences. Playtika's platform leverages data-driven analytics and in-game community features to drive player retention and monetization across multiple titles.

The company's diverse portfolio includes flagship social casino games such as Slotomania, Bingo Blitz and Caesars Casino, as well as skill-based and casual offerings like World Series of Poker and House of Fun.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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