NASDAQ:ZNGA - Zynga Stock Price, Forecast & News

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

Zynga Inc (NASDAQ:ZNGA) posted its quarterly earnings data on Wednesday, October, 30th. The company reported $0.05 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.05. The company had revenue of $345.29 million for the quarter, compared to the consensus estimate of $330.56 million. The firm's quarterly revenue was up 48.0% on a year-over-year basis. During the same period last year, the business earned $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 issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided earnings per share 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 brokers have issued 1 year 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 year. This suggests a possible upside of 10.4% 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 been trending somewhat positive on Monday, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Zynga earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. 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 daily volume of 13,460,000 shares, the short-interest ratio is currently 4.1 days. Currently, 6.4% of the company's stock are short sold. View Zynga's Current Options Chain.

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

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 number of 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, 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 acquired 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 $6.93.