NASDAQ:ZNGA - Zynga Stock Price, Forecast & News

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

Zynga Inc (NASDAQ:ZNGA) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.05. The firm earned $345.29 million during the quarter, compared to analysts' expectations of $330.56 million. Zynga had a net margin of 3.94% and a negative return on equity of 11.86%. The company's revenue was up 48.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.01 EPS. View Zynga's Earnings History.

Zynga is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Zynga.

13 brokers have issued 12-month target prices for Zynga's shares. Their forecasts range from $5.30 to $9.00. On average, they expect Zynga's share price to reach $7.38 in the next twelve months. This suggests a possible upside of 10.7% 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.

Media stories about ZNGA stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing 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 coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Zynga.

Zynga saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 55,770,000 shares, a decline of 11.5% from the December 15th total of 63,040,000 shares. Based on an average daily trading volume, of 13,910,000 shares, the short-interest ratio is currently 4.0 days. Approximately 6.4% 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).

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), Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walt Disney (DIS) and Netflix (NFLX).

Zynga's stock is owned by a number of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.92%), DNB Asset Management AS (0.28%), Commerzbank Aktiengesellschaft FI (0.05%), Tributary Capital Management LLC (0.03%), CenturyLink Investment Management Co (0.02%) and Cerebellum GP LLC (0.01%). 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 Commerzbank Aktiengesellschaft FI, CenturyLink Investment Management Co and IFP Advisors Inc. 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 DNB Asset Management AS, Scout Investments Inc., Cerebellum GP LLC, Tributary Capital Management LLC, Wedbush Securities Inc. and First National Bank of Omaha. 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 $6.67.

Zynga has a market capitalization of $6.31 billion and generates $907.21 million in revenue each year. The company earns $15.46 million in net income (profit) each year or $0.02 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]