NASDAQ:ZNGAZynga Stock Price, Forecast & News

Zynga's stock was trading at $6.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ZNGA stock has increased by 3.3% and is now trading at $6.91. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynga in the last year. There are currently 4 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) posted its quarterly earnings results on Wednesday, February, 5th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. The company had revenue of $433.40 million for the quarter, compared to analysts' expectations of $417.60 million. Zynga had a negative return on equity of 10.12% and a net margin of 3.17%. 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.

15 equities research analysts have issued twelve-month price objectives for Zynga's shares. Their forecasts range from $6.00 to $9.00. On average, they anticipate Zynga's stock price to reach $7.66 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View analysts' price targets for Zynga.

News stories about ZNGA stock have been trending very negative recently, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Zynga earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media 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 the latest news aboutZynga.

Zynga saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 53,490,000 shares, a decline of 13.2% from the February 13th total of 61,640,000 shares. Based on an average daily trading volume, of 19,010,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 6.1% of the company's stock are sold short. 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), Advanced Micro Devices (AMD), Walt Disney (DIS) and Netflix (NFLX).

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

Zynga's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include IBM Retirement Fund (0.00%), Aries Wealth Management (0.00%) and Simon Quick Advisors LLC (0.00%). 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 acquired by a variety of institutional investors in the last quarter, including Simon Quick Advisors LLC, IBM Retirement Fund, and Aries Wealth Management. 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 $6.91.

Zynga has a market capitalization of $6.58 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]