NASDAQ:ZNGA - Zynga Stock Price, Forecast & News

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

Zynga Inc (NASDAQ:ZNGA) announced its earnings results on Wednesday, October, 30th. The company reported $0.05 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.05. The company earned $345.29 million during the quarter, compared to the consensus estimate 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 firm earned $0.01 earnings per share. 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 issued an update on 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 equities research analysts have issued 1 year price targets 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 7.9% 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.

News stories about ZNGA stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Zynga earned a news impact score of -3.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the company's share price in the near future. View News Stories for Zynga.

Zynga saw a decrease in short interest in 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 short-interest ratio is currently 4.1 days. Approximately 6.4% of the company's shares 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), Baytex Energy (BTE), Bank of America (BAC), Walt Disney (DIS), NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD) and Netflix (NFLX).

Zynga's stock is owned by a variety 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 purchased 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 $7.09.

Zynga has a market capitalization of $6.71 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]