Playtika - PLTK Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Playtika in the last twelve months. There are currently 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PLTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLTK, but not buy additional shares or sell existing shares.
View PLTK analyst ratings or view top-rated stocks.

11 Wall Street analysts have issued 1-year price objectives for Playtika's stock. Their PLTK share price forecasts range from $9.00 to $31.00. On average, they expect the company's share price to reach $15.65 in the next twelve months. This suggests a possible upside of 44.5% from the stock's current price.
View analysts price targets for PLTK or view top-rated stocks among Wall Street analysts.

Playtika's stock was trading at $8.51 at the beginning of the year. Since then, PLTK shares have increased by 27.3% and is now trading at $10.83.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our PLTK earnings forecast.

Playtika Holding Corp. (NASDAQ:PLTK) announced its earnings results on Tuesday, February, 28th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.08. The business earned $631.20 million during the quarter, compared to the consensus estimate of $627.54 million. Playtika had a net margin of 10.53% and a negative trailing twelve-month return on equity of 101.86%. Playtika's revenue was down 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.25 earnings per share.

ETFs with the largest weight of Playtika (NASDAQ:PLTK) stock in their portfolio include Wedbush ETFMG Video Game Tech ETF (GAMR), ARK Israel Innovative Technology ETF (IZRL), Fount Metaverse ETF (MTVR), BlueStar Israel Technology ETF (ITEQ), IQ U.S. Mid Cap R&D Leaders ETF (MRND), ERShares Entrepreneurs ETF (ENTR), First Trust Consumer Discretionary AlphaDEX Fund (FXD) and ERShares NextGen Entrepreneurs ETF (ERSX).

Playtika issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.57 billion-$2.62 billion, compared to the consensus revenue estimate of $2.62 billion.

(PLTK) raised $1.6 billion in an initial public offering on Friday, January 15th 2021. The company issued 69,500,000 shares at a price of $22.00-$24.00 per share. Morgan Stanley, Credit Suisse, Citigroup, Goldman Sachs, UBS Investment Bank and BofA Securities acted as the underwriters for the IPO and Baird, Cowen, Stifel and Wedbush Securities were co-managers.

Playtika trades on the NASDAQ under the ticker symbol "PLTK."

Playtika's stock is owned by a number of institutional and retail investors. Top institutional shareholders include AQR Capital Management LLC (1.86%), Pacer Advisors Inc. (0.53%), Geode Capital Management LLC (0.42%), Renaissance Technologies LLC (0.38%), Ibex Investors LLC (0.30%) and Assenagon Asset Management S.A. (0.26%). Insiders that own company stock include Dana Rebecca Gross, Frontier Ltd Alpha, Holding Uk Ltd Playtika II and Robert Antokol.
View institutional ownership trends.

Shares of PLTK 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 PLTK stock can currently be purchased for approximately $10.83.

Playtika (NASDAQ:PLTK) has a market capitalization of $3.96 billion and generates $2.62 billion in revenue each year. The company earns $275.30 million in net income (profit) each year or $0.70 on an earnings per share basis.

The company employs 3,800 workers across the globe.

Playtika's mailing address is C/O PLAYTIKA LTD. HACHOSHLIM ST 8, HERZLIYA PITUARCH L3, 0. The official website for the company is www.playtika.com. The company can be reached via phone at 972-73-316-3251 or via email at ir@playtika.com.