NASDAQ:ZNGA - Zynga Stock Price, Forecast & News

Zynga's stock was trading at $6.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ZNGA stock has increased by 0.1% and is now trading at $6.70. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynga in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Zynga.

Zynga is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Zynga.

Zynga Inc (NASDAQ:ZNGA) announced its quarterly earnings data on Wednesday, February, 5th. The company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.01. The business earned $433.40 million during the quarter, compared to analyst estimates of $417.60 million. Zynga had a net margin of 3.17% and a negative return on equity of 10.12%. View Zynga's earnings history.

Zynga updated its FY 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.6-1.6 billion, compared to the consensus revenue estimate of $1.74 billion.

14 Wall Street analysts have issued twelve-month price objectives for Zynga's stock. Their forecasts range from $6.00 to $9.00. On average, they expect Zynga's share price to reach $7.64 in the next year. This suggests a possible upside of 14.0% from the stock's current price. View analysts' price targets for Zynga.

News stories about ZNGA stock have trended somewhat negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Zynga earned a news impact score of -1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutZynga.

Zynga saw a decrease in short interest in February. As of February 28th, there was short interest totaling 53,490,000 shares, a decrease of 13.2% from the February 13th total of 61,640,000 shares. Based on an average daily volume of 19,010,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 6.1% of the shares of the stock are short sold. View Zynga's Current Options Chain.

Some companies that are related to Zynga include Activision Blizzard (ATVI), Electronic Arts (EA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Glu Mobile (GLUU) and Rosetta Stone (RST).

Based on aggregate information from My MarketBeat watchlists, some companies that other Zynga investors own include Hudbay Minerals (HBM), Cellectar Biosciences (CLRB), Quantum (QTM), Bank of America (BAC), Baytex Energy (BTE), NVIDIA (NVDA), Micron Technology (MU), Walt Disney (DIS), Advanced Micro Devices (AMD) and Netflix (Nflx).

Zynga trades on the NASDAQ under the ticker symbol "ZNGA."

Zynga's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Artisan Partners Limited Partnership (6.03%), Goldman Sachs Group Inc. (2.75%), Iridian Asset Management LLC CT (2.47%), William Blair Investment Management LLC (2.42%), Cadian Capital Management LP (2.41%) and Renaissance Technologies LLC (1.49%). Company insiders that own Zynga stock include Bernard Jin Kim, Ellen F Siminoff, Frank D Gibeau, James Gerard Griffin, Jeffrey Buckley, Jeffrey Miles Ryan, Mark J Pincus, Matthew S Bromberg, Phuong Y Phillips and Regina E Dugan. View institutional ownership trends for Zynga.

ZNGA stock was sold by a variety of institutional investors in the last quarter, including Cadian Capital Management LP, Renaissance Technologies LLC, Iridian Asset Management LLC CT, First Trust Advisors LP, Nuveen Asset Management LLC, Schonfeld Strategic Advisors LLC, Landscape Capital Management L.L.C., and Penn Capital Management Co. Inc.. Company insiders that have sold Zynga company stock in the last year include Bernard Jin Kim, Ellen F Siminoff, Frank D Gibeau, James Gerard Griffin, Jeffrey Buckley, Jeffrey Miles Ryan, Mark J Pincus, Matthew S Bromberg, Phuong Y Phillips, and Regina E Dugan. View insider buying and selling activity for Zynga.

ZNGA stock was acquired by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Norges Bank, Goldman Sachs Group Inc., DNB Asset Management AS, Scout Investments Inc., Bank of New York Mellon Corp, Marshall Wace LLP, and Point72 Asset Management L.P.. View insider buying and selling activity for Zynga.

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

One share of ZNGA stock can currently be purchased for approximately $6.70.

Zynga has a market capitalization of $6.38 billion and generates $1.32 billion in revenue each year. The company earns $41.92 million in net income (profit) each year or ($0.06) on an earnings per share basis. Zynga employs 1,883 workers across the globe. View additional information about Zynga.

The official website for Zynga is http://www.zynga.com/.

Zynga's mailing address is 699 Eighth Street, San Francisco CA, 94103. The company can be reached via phone at 855-449-9642 or via email at [email protected]