(Updated to include BofA Securities' commentary)
BofA Securities upgraded Playtika (PLTK) to buy from underperform, noting that the company boasts the highest profitability in the industry with 30% EBITDA margins, the largest direct-to-consumer platform, and ownership of three of the largest and longest-running franchises in mobile gaming history.
The company operates within a mature yet still growing mobile gaming market, which the brokerage expects to expand at a rate of at least 4% year-over-year for the foreseeable future.
The brokerage raised its 2025 bookings and EBITDA forecasts to $2.85 billion and $740 million, respectively, following its analysis of third-party data for January and February.
Playtika has an average rating of overweight and mean price target of $7.98, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 5.39, Change: +0.98, Percent Change: +22.39
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。