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 46.8% and is now trading at $9.82. View which stocks have been most impacted by Coronavirus.

16 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 12 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, July 29th 2020. View our earnings forecast for Zynga.

Zynga Inc (NASDAQ:ZNGA) posted its earnings results on Wednesday, May, 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.03. The business earned $424.88 million during the quarter, compared to analysts' expectations of $405.51 million. Zynga had a negative return on equity of 3.55% and a net margin of 4.58%. View Zynga's earnings history.

Zynga issued an update on its second quarter 2020 Pre-Market earnings guidance on Monday, June, 1st. The company provided earnings per share (EPS) guidance of -0.17--0.17 for the period, compared to the Thomson Reuters consensus estimate of $0.06. The company issued revenue guidance of $430-430 million, compared to the consensus revenue estimate of $421.43 million.

16 brokerages have issued 12-month price targets for Zynga's shares. Their forecasts range from $7.00 to $12.00. On average, they expect Zynga's share price to reach $9.84 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View analysts' price targets for Zynga.

Headlines about ZNGA stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Zynga earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Zynga.

Zynga saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 63,940,000 shares, an increase of 23.1% from the June 15th total of 51,940,000 shares. Based on an average trading volume of 22,150,000 shares, the days-to-cover ratio is currently 2.9 days. Approximately 7.2% of the company's shares 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zynga investors own include Hudbay Minerals (HBM), Cellectar Biosciences (CLRB), NVIDIA (NVDA), Quantum (QTM), Bank of America (BAC), Walt Disney (DIS), Netflix (NFLX), Trade Desk (TTD), Micron Technology (MU) and Square (SQ).

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

Zynga's stock is owned by a number of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.46%), DNB Asset Management AS (0.28%), Envestnet Asset Management Inc. (0.02%), Symphony Financial Ltd. Co. (0.01%), Exane Derivatives (0.01%) and Nelson Van Denburg & Campbell Wealth Management Group 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 sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Scout Investments Inc., and Aries Wealth Management. Company insiders that have sold Zynga company stock in the last year include Bernard Jin Kim, 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 purchased by a variety of institutional investors in the last quarter, including Symphony Financial Ltd. Co., Exane Derivatives, Nelson Van Denburg & Campbell Wealth Management Group LLC, Teamwork Financial Advisors LLC, Fulton Bank N. A., Harel Insurance Investments & Financial Services Ltd., Envestnet Asset Management Inc., and Joseph P. Lucia & Associates LLC. 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 $9.82.

Zynga has a market capitalization of $9.39 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].