Playtika (NASDAQ:PLTK – Get Free Report) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.
A number of other brokerages also recently weighed in on PLTK. Wedbush upped their target price on Playtika from $3.00 to $4.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. TD Cowen restated a “buy” rating on shares of Playtika in a research note on Tuesday, June 9th. Roth Capital boosted their price target on Playtika from $3.00 to $3.50 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. The Goldman Sachs Group set a $3.75 target price on shares of Playtika in a research report on Friday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Playtika in a research report on Friday, May 29th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $4.08.
Get Our Latest Research Report on Playtika
Playtika Price Performance
Playtika (NASDAQ:PLTK – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.22). Playtika had a negative return on equity of 70.16% and a negative net margin of 9.89%.The business had revenue of $744.70 million during the quarter, compared to analyst estimates of $694.68 million. During the same period in the prior year, the firm earned $0.08 EPS. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. On average, analysts forecast that Playtika will post 0.64 earnings per share for the current fiscal year.
Institutional Trading of Playtika
Several large investors have recently made changes to their positions in the business. AQR Capital Management LLC lifted its stake in shares of Playtika by 65.7% in the 2nd quarter. AQR Capital Management LLC now owns 6,331,123 shares of the company’s stock valued at $29,630,000 after purchasing an additional 2,511,228 shares during the period. BlackRock Inc. bought a new position in shares of Playtika during the second quarter worth $22,230,000. Arrowstreet Capital Limited Partnership raised its stake in Playtika by 20.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 3,972,998 shares of the company’s stock worth $15,455,000 after buying an additional 679,564 shares during the period. The Manufacturers Life Insurance Company grew its stake in Playtika by 19.1% in the second quarter. The Manufacturers Life Insurance Company now owns 3,708,556 shares of the company’s stock valued at $17,541,000 after acquiring an additional 595,494 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Playtika by 15.7% during the third quarter. Vanguard Group Inc. now owns 3,191,732 shares of the company’s stock worth $12,416,000 after purchasing an additional 432,060 shares during the period. Institutional investors own 11.94% of the company’s stock.
Key Stories Impacting Playtika
Here are the key news stories impacting Playtika this week:
- Positive Sentiment: Second-quarter revenue rose 5.0% year over year to $731.1 million, exceeding analysts’ estimate of approximately $713.1 million. Direct-to-consumer revenue increased 63.1% year over year to $286.9 million. Playtika Holding Corp. Reports Q2 2026 Financial Results
- Positive Sentiment: Playtika reported quarterly earnings of $0.13 per share, up from $0.09 a year earlier. One analyst compilation showed adjusted earnings of $0.15 per share, matching consensus estimates. Playtika Holding Q2 Earnings Match Estimates
- Neutral Sentiment: Management maintained full-year 2026 revenue guidance of $2.8 billion to $2.9 billion, broadly consistent with Wall Street’s $2.8 billion estimate. The company did not provide a clearly stated EPS range in the guidance update. Playtika Q2 Earnings Snapshot
- Negative Sentiment: MarketBeat reported EPS of $0.13, missing its $0.15 consensus estimate by $0.02. Revenue also declined 1.8% sequentially, while direct-to-consumer platform revenue fell 1.7% from the prior quarter, suggesting near-term operating momentum remains uneven. Playtika Earnings Results
- Negative Sentiment: Brokerages maintain a consensus “Hold” rating, indicating limited conviction that the current results and guidance justify a more bullish view. Playtika Receives Consensus Hold Rating
About Playtika
Playtika Ltd. (NASDAQ: PLTK) is a leading developer and publisher of free-to-play mobile and social games. Established in 2010 and headquartered in Herzliya, Israel, the company has built a reputation for creating engaging, social casino and casual gaming experiences. Playtika’s platform leverages data-driven analytics and in-game community features to drive player retention and monetization across multiple titles.
The company’s diverse portfolio includes flagship social casino games such as Slotomania, Bingo Blitz and Caesars Casino, as well as skill-based and casual offerings like World Series of Poker and House of Fun.
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