PLAYSTUDIOS - MYPS Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PLAYSTUDIOS in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MYPS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MYPS, but not buy additional shares or sell existing shares.
View MYPS analyst ratings or view top-rated stocks.

5 brokers have issued twelve-month target prices for PLAYSTUDIOS's stock. Their MYPS share price forecasts range from $3.00 to $7.00. On average, they predict the company's stock price to reach $5.10 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price.
View analysts price targets for MYPS or view top-rated stocks among Wall Street analysts.

PLAYSTUDIOS's stock was trading at $3.88 at the start of the year. Since then, MYPS shares have decreased by 4.1% and is now trading at $3.72.
View the best growth stocks for 2023 here.

PLAYSTUDIOS saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 1,170,000 shares, a drop of 20.4% from the February 28th total of 1,470,000 shares. Based on an average daily trading volume, of 248,200 shares, the days-to-cover ratio is currently 4.7 days. Approximately 1.5% of the company's stock are sold short.
View PLAYSTUDIOS's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our MYPS earnings forecast.

PLAYSTUDIOS, Inc. (NASDAQ:MYPS) posted its quarterly earnings data on Thursday, March, 9th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The business earned $79.38 million during the quarter, compared to analysts' expectations of $70.94 million. PLAYSTUDIOS had a negative trailing twelve-month return on equity of 3.56% and a negative net margin of 6.13%.

ETFs with the largest weight of PLAYSTUDIOS (NASDAQ:MYPS) stock in their portfolio include Wedbush ETFMG Video Game Tech ETF (GAMR), Royce Quant Small-Cap Quality Value ETF (SQLV), SPDR S&P Software & Services ETF (XSW).Fidelity MSCI Communication Services Index ETF (FCOM) and

PLAYSTUDIOS updated its earnings guidance on Monday, March, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $300.00 million-$320.00 million, compared to the consensus revenue estimate of $300.41 million.

PLAYSTUDIOS trades on the NASDAQ under the ticker symbol "MYPS."

PLAYSTUDIOS's stock is owned by a variety of retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (1.32%), Geode Capital Management LLC (1.15%), Fuller & Thaler Asset Management Inc. (0.46%), Arrowstreet Capital Limited Partnership (0.18%), Allspring Global Investments Holdings LLC (0.17%) and Charles Schwab Investment Management Inc. (0.16%). Insiders that own company stock include Andrew S Pascal, James Murren and Scott Edward Peterson.
View institutional ownership trends.

Shares of MYPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MYPS stock can currently be purchased for approximately $3.72.

PLAYSTUDIOS (NASDAQ:MYPS) has a market capitalization of $492.34 million and generates $290.31 million in revenue each year. The company earns $-17,780,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis.

The company employs 504 workers across the globe.

PLAYSTUDIOS's mailing address is 1219 MORNINGSIDE DRIVE SUITE 110, MANHATTAN BEACH CA, 90266. The official website for the company is www.playstudios.com. The company can be reached via phone at 725-877-7000.