Stock Price Forecast The 16 analysts offering 12-month price forecasts for Zynga Inc have a median target of 10.00, with a high estimate of 15.60 and a low estimate of 8.20. The median estimate represents a +10.07% increase from the last price of 9.09.
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Should I hold my Zynga stock?
The consensus among Wall Street analysts is that investors should “hold” Zynga stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ZNGA, but not buy additional shares or sell existing shares. View analyst ratings for Zynga or view top-rated stocks.
Where will Zynga be in 5 years?
Based on our forecasts, a long-term increase is expected, the “ZNGA” stock price prognosis for 2027-02-17 is 16.868 USD. With a 5-year investment, the revenue is expected to be around +83.75%. Your current $100 investment may be up to $183.75 in 2027.
Is Zynga a buy or sell?
Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. The median P/B ratio for stocks in the S&P is just over 3.
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 4 | Sell | 6.06% |
| 5 | Strong Sell | 2.90% |
| S&P | 500 | 11.48% |
What will Zynga stock go?
Average Price Target
Based on 14 Wall Street analysts offering 12 month price targets for Zynga in the last 3 months. The average price target is $10.04 with a high forecast of $10.85 and a low forecast of $9.86. The average price target represents a 9.61% change from the last price of $9.16.
Is Zynga overvalued?
Despite its deteriorating fundamentals, ZNGA is still priced for significant profit growth and is overvalued. To justify its current price of $7/share, ZNGA must achieve a 5% NOPAT margin (compared to -4% in 2019) and grow revenue by 17% compounded annually for the next 13 years.
Why is Zynga stock going up?
Zynga ( ZNGA 3.18% ) stock is soaring today following news that the company is set to be acquired by Take-Two Interactive ( TTWO 0.18% ) in a $12.7 billion cash-and-stock deal. The mobile-focused video game publisher’s share price was up roughly 45% as of noon ET.
Is Zynga undervalued?
Furthermore, our forecast indicates that Zynga’s valuation is $14 per share, which is 40% above the current market price of around $10, implying that ZNGA stock is undervalued at its current levels.
Why is Zynga stock going down?
Shares of Zynga ( ZNGA -0.45% ) fell 18.3% last month, according to data from S&P Global Market Intelligence.Higher inflation may raise concerns about the health of the economy and, therefore, the digital ad market, which contributed to Zynga’s third-quarter results.
How does Zynga make money?
Zynga generates its revenues primarily from two sources ~ Online Games, and Advertising. Online Games refers to sales of all of Zynga’s games, and accounts for over 70% of total revenues. Key franchises ~ Poker, FarmVille, CSR.
What company owns Zynga?
Take-Two Interactive
Zynga
| Type of site | Public |
|---|---|
| Parent | Take-Two Interactive |
| URL | www.zynga.com |
| Registration | Yes |
| Users | 134 million monthly active users (2020) 36 million daily active users (2020) |
Is Zynga owned by Facebook?
We knew that Zynga had to share virtual goods revenue and spend advertising on Facebook, but this goes beyond a tax.
What happens to Zynga stock after acquisition?
Under the terms of the deal, Zynga stockholders will receive $3.50 in cash and $6.36 in stock when the transaction closes, for a total of $9.86 per Zynga share.
What happened to Zynga?
According to TechCrunch, Zynga is shutting down, stopping accepting new players, or pulling from the app stores 11 of its games. According to the company, keeping some of these games up was too much strain on the company and was costing it money that it couldn’t afford.
Does Zynga give dividends?
Does Zynga pay a dividend? Zynga does not pay a dividend at this time.You can reach Zynga Investor Relations by email at [email protected].
Does Zynga pay dividends?
Zynga (NASDAQ: ZNGA) does not pay a dividend.
Is Zynga a small cap stock?
Small-cap stock Zynga Inc. (ZNGA) surged to a four-year high last week after the San Francisco-based game maker missed first quarter earnings estimates by a penny and guided second quarter revenues below estimates.
Is Zynga a good company?
“Zynga is a good company. But I left it for family.” “I worked Quality Assurance for one year for Zynga and it was a great place to work. They clearly care very much about their employees.
How big is Zynga?
With those companies gathered under the Zynga umbrella, the company now attracts over 168 million monthly users and made $706 million in revenue in the latest reporting quarter. Still, Zynga’s mostly casual fare might seem like an odd match for a big-budget console game maker like Take-Two.
What is the highest level in Zynga Poker?
999
We’ve recently increased the maximum number of levels that can be achieved in Zynga Poker. The maximum level is now 999 in web and mobile app versions.
Can you win real money on Zynga Poker?
In social games such as Zynga Poker, players can purchase virtual chips with real money. But they can’t cash out their winnings. In ZyngaPlusPoker, players will have the option to play for actual money.
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