Zynga Stock Forecast, Price & News

Zynga's stock was trading at $6.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ZNGA shares have increased by 20.2% and is now trading at $8.04.
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18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynga in the last year. There are currently 2 sell ratings, 2 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Zynga.

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Zynga is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Zynga.

Zynga Inc. (NASDAQ:ZNGA) announced its quarterly earnings data on Wednesday, October, 30th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The business earned $345.29 million during the quarter, compared to analysts' expectations of $330.56 million. Zynga had a negative return on equity of 2.06% and a negative net margin of 1.72%. The firm's revenue was up 48.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 earnings per share.
View Zynga's earnings history.

Zynga issued an update on its fourth quarter 2020 After-Hours earnings guidance on Wednesday, November, 4th. The company provided EPS guidance of -0.09--0.09 for the period, compared to the Thomson Reuters consensus estimate of $0.09. The company issued revenue guidance of $570-570 million, compared to the consensus revenue estimate of $653.06 million.

18 analysts have issued twelve-month target prices for Zynga's stock. Their forecasts range from $7.50 to $13.25. On average, they anticipate Zynga's share price to reach $10.96 in the next twelve months. This suggests a possible upside of 36.3% from the stock's current price.
View analysts' price targets for Zynga.

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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Zynga investors own include NVIDIA (NVDA), Hudbay Minerals (HBM), Cellectar Biosciences (CLRB), Tesla (TSLA), Advanced Micro Devices (AMD), Square (SQ), The Walt Disney (DIS), Netflix (NFLX), Shopify (SHOP) and Bank of America (BAC).

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

Zynga's stock is owned by a number of institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (2.35%), Iridian Asset Management LLC CT (1.41%), Arrowstreet Capital Limited Partnership (1.14%), New York State Common Retirement Fund (0.66%), Charles Schwab Investment Management Inc. (0.50%) and AJO LP (0.48%). 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 AJO LP, Charles Schwab Investment Management Inc., DNB Asset Management AS, Maplelane Capital LLC, Epoch Investment Partners Inc., MUFG Securities EMEA plc, Iridian Asset Management LLC CT, and William Blair Investment Management LLC. Company insiders that have sold Zynga company stock in the last year include Ellen F Siminoff, Frank D Gibeau, James Gerard Griffin, Jeffrey Buckley, Jeffrey Miles Ryan, Matthew S Bromberg, Phuong Y Phillips, and Regina E Dugan.
View insider buying and selling activity for Zynga.

ZNGA stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Shelter Haven Capital Management L.P., Standard Life Aberdeen plc, Schonfeld Strategic Advisors LLC, Victory Capital Management Inc., BW Gestao de Investimentos Ltda., TD Asset Management Inc., and First Trust Advisors LP.
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 $8.04.

Zynga has a market capitalization of $8.68 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.

The official website for Zynga is 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]