Playtika (NASDAQ:PLTK) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Playtika (NASDAQ:PLTK) from a hold rating to a buy rating in a research report released on Saturday morning.

PLTK has been the subject of several other reports. Roth Capital lifted their price objective on shares of Playtika from $3.00 to $3.50 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. The Goldman Sachs Group set a $3.75 price target on shares of Playtika in a research note on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of Playtika in a report on Friday, May 29th. TD Cowen reissued a “buy” rating on shares of Playtika in a research report on Tuesday, June 9th. Finally, Wedbush raised their price objective on shares of Playtika from $3.00 to $4.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $4.08.

Playtika Stock Performance

NASDAQ PLTK opened at $2.94 on Friday. The stock has a 50 day moving average price of $3.67 and a 200-day moving average price of $3.43. Playtika has a one year low of $2.64 and a one year high of $4.42. The company has a market capitalization of $1.12 billion, a P/E ratio of -4.03 and a beta of 1.09.

Playtika (NASDAQ:PLTK) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.22). Playtika had a negative net margin of 9.89% and a negative return on equity of 70.16%. The business had revenue of $744.70 million for the quarter, compared to analysts’ expectations of $694.68 million. During the same period in the previous year, the company earned $0.08 EPS. Playtika’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Playtika will post 0.64 EPS for the current fiscal year.

Institutional Investors Weigh In On Playtika

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC grew its stake in Playtika by 65.7% in the 2nd quarter. AQR Capital Management LLC now owns 6,331,123 shares of the company’s stock worth $29,630,000 after acquiring an additional 2,511,228 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Playtika during the second quarter worth approximately $22,230,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Playtika by 20.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,972,998 shares of the company’s stock valued at $15,455,000 after acquiring an additional 679,564 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of 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 purchasing an additional 595,494 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Playtika by 15.7% in the third quarter. Vanguard Group Inc. now owns 3,191,732 shares of the company’s stock valued at $12,416,000 after purchasing an additional 432,060 shares during the period. Institutional investors own 11.94% of the company’s stock.

Playtika News Summary

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

Playtika Company Profile

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.