Playtika (NASDAQ:PLTK) Reaches New 52-Week Low – Here’s Why

Posted by Brian Himes on Sep 28th, 2026

Shares of Playtika Holding Corp. (NASDAQ:PLTK – Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as $2.07 and last traded at $2.1050, with a volume of 53900 shares changing hands. The stock had previously closed at $2.13.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PLTK. TD Cowen restated a “buy” rating on shares of Playtika in a research note on Tuesday, June 9th. Citigroup decreased their price objective on shares of Playtika from $4.50 to $4.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. Wall Street Zen downgraded shares of Playtika from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (d)” rating on shares of Playtika in a research note on Wednesday, August 26th. Finally, The Goldman Sachs Group set a $3.75 target price on Playtika in a research report on Friday, August 7th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Playtika presently has an average rating of “Hold” and an average target price of $3.75.

Check Out Our Latest Stock Analysis on PLTK

Playtika Stock Down 0.7%

The company has a market capitalization of $806.70 million, a PE ratio of -2.90 and a beta of 1.00. The company has a 50-day moving average price of $2.77 and a two-hundred day moving average price of $3.18.

Institutional Investors Weigh In On Playtika

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in Playtika in the 2nd quarter valued at $22,230,000. Man Group plc purchased a new stake in Playtika in the second quarter worth approximately $2,554,000. Tidal Investments LLC raised its position in Playtika by 153.0% in the 2nd quarter. Tidal Investments LLC now owns 353,984 shares of the company’s stock worth $1,317,000 after purchasing an additional 214,093 shares during the period. Bank of New York Mellon Corp bought a new stake in Playtika in the second quarter worth $946,000. Finally, Public Employees Retirement System of Ohio lifted its stake in Playtika by 62.7% in the second quarter. Public Employees Retirement System of Ohio now owns 165,394 shares of the company’s stock worth $615,000 after purchasing an additional 63,717 shares during the last quarter. 11.94% of the stock is owned by hedge funds and other institutional investors.

Playtika Company Profile

(Get Free Report)

Playtika Holding Corp. is a digital entertainment company that develops, publishes and operates free-to-play mobile and online games. Its titles are designed for smartphones, tablets and web platforms and generate revenue primarily through in-game purchases and advertising.

The company’s portfolio includes social casino games such as Slotomania, Caesars Slots, House of Fun and Bingo Blitz, as well as casual and social games including June’s Journey and Board Kings. Playtika operates and supports its games through live services, which include regular content updates, events and features intended to maintain player engagement.

Founded in 2010, Playtika has expanded through internal development and acquisitions of game studios and intellectual property.