PLAYSTUDIOS (NASDAQ:MYPS) Stock Price Breaks Above 50 Day Moving Average Following Weak Earnings

Posted by Francis Steltz on Nov 6th, 2026

PLAYSTUDIOS, Inc. (NASDAQ:MYPS – Get Free Report)’s share price crossed above its 50 day moving average during trading on Thursday following a better than expected earnings announcement. The stock has a 50 day moving average of $4.57 and traded as high as $4.72. PLAYSTUDIOS shares last traded at $4.68, with a volume of 52,655 shares changing hands.

The company reported ($0.92) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.63). PLAYSTUDIOS had a negative return on equity of 19.61% and a negative net margin of 20.65%. The firm had revenue of $48.92 million during the quarter, compared to analysts’ expectations of $54.19 million.

Wall Street Analyst Weigh In

MYPS has been the topic of several research analyst reports. Wall Street Zen upgraded shares of PLAYSTUDIOS to a “hold” rating in a research report on Saturday, October 17th. Weiss Ratings downgraded shares of PLAYSTUDIOS from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, October 26th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, PLAYSTUDIOS presently has an average rating of “Hold” and a consensus target price of $10.00.

Get Our Latest Analysis on PLAYSTUDIOS

Institutional Investors Weigh In On PLAYSTUDIOS

Hedge funds have recently bought and sold shares of the business. Stoic Point Capital Management LLC acquired a new stake in PLAYSTUDIOS during the 1st quarter worth about $405,000. Marquette Asset Management LLC acquired a new position in shares of PLAYSTUDIOS in the 2nd quarter valued at about $203,000. Finally, StoneX Group Inc. purchased a new stake in shares of PLAYSTUDIOS in the third quarter worth approximately $27,000. 37.52% of the stock is owned by hedge funds and other institutional investors.

PLAYSTUDIOS Stock Up 4.7%

The business’s 50-day moving average price is $4.57 and its 200-day moving average price is $5.18. The firm has a market capitalization of $56.21 million, a PE ratio of -1.30 and a beta of 1.01.

PLAYSTUDIOS Company Profile

(Get Free Report)

PLAYSTUDIOS, Inc is a developer and publisher of free-to-play casual and social casino-style mobile games. The company combines digital gaming with a loyalty-rewards model, allowing players to earn points through gameplay and redeem them for offers and experiences from hospitality, travel, entertainment and other consumer brands.

Its portfolio includes titles such as myVEGAS Slots, myKONAMI Slots, POP! Slots and MGM Slots Live. PLAYSTUDIOS distributes its games through major mobile and online platforms and serves players internationally, with its products available across multiple geographic markets.

The company was founded in 2011 by Andrew Pascal, who serves as chief executive officer.