PLAYSTUDIOS (MYPS) Projected to Post Earnings on Monday

PLAYSTUDIOS (NASDAQ:MYPS) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect PLAYSTUDIOS to post earnings of ($0.03) per share and revenue of $64.45 million for the quarter.

PLAYSTUDIOS Trading Up 5.5 %

NASDAQ MYPS opened at $1.35 on Friday. The company has a 50 day moving average of $1.33 and a 200-day moving average of $1.62. PLAYSTUDIOS has a 1-year low of $1.14 and a 1-year high of $2.55. The company has a market cap of $180.18 million, a price-to-earnings ratio of -7.11, a PEG ratio of 17.60 and a beta of 0.90.

Analysts Set New Price Targets

Several research analysts have commented on the company. Macquarie lowered their target price on PLAYSTUDIOS from $2.00 to $1.50 and set a “neutral” rating for the company in a research note on Wednesday, March 12th. Benchmark reissued a “hold” rating on shares of PLAYSTUDIOS in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, PLAYSTUDIOS has an average rating of “Hold” and an average price target of $3.20.

Insider Buying and Selling at PLAYSTUDIOS

In related news, CFO Scott Edward Peterson sold 29,601 shares of the business’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $1.26, for a total transaction of $37,297.26. Following the sale, the chief financial officer now directly owns 504,397 shares in the company, valued at approximately $635,540.22. The trade was a 5.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 14.29% of the company’s stock.

PLAYSTUDIOS Company Profile

PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.