NASDAQ:ZNGA - Zynga Stock Price, Forecast & News

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

Zynga Inc (NASDAQ:ZNGA) posted its earnings results on Wednesday, October, 30th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.05. The business had revenue of $345.29 million for the quarter, compared to analyst estimates of $330.56 million. Zynga had a net margin of 3.17% and a negative return on equity of 10.12%. Zynga's revenue was up 48.0% compared to the same quarter last year. During the same period last year, the business posted $0.01 EPS. View Zynga's Earnings History.

Zynga is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Zynga.

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.

13 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 anticipate Zynga's share price to reach $7.65 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Zynga.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynga in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Zynga.

Media stories about ZNGA stock have trended very positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Zynga earned a coverage optimism score of 3.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Zynga.

Zynga saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 55,770,000 shares, a decrease of 11.5% from the December 31st total of 63,040,000 shares. Based on an average trading volume of 13,460,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 6.4% 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), Baytex Energy (BTE), Bank of America (BAC), NVIDIA (NVDA), Walt Disney (DIS), Micron Technology (MU), Advanced Micro Devices (AMD) and Netflix (NFLX).

Zynga's stock is owned by a number of of institutional and retail 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, 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, Schonfeld Strategic Advisors LLC, Landscape Capital Management L.L.C., Penn Capital Management Co. Inc. and Columbus Circle Investors. Company insiders that have sold Zynga company stock in the last year include Bernard Jin Kim, Ellen F Siminoff, 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 for Zynga.

ZNGA stock was bought by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Goldman Sachs Group Inc., DNB Asset Management AS, Scout Investments Inc., Bank of New York Mellon Corp, Marshall Wace LLP, Point72 Asset Management L.P. and Picton Mahoney Asset Management. View Insider Buying and Selling 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 $7.13.

Zynga has a market capitalization of $6.74 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 1,777 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]