Northland Capmk Weighs in on PLAYSTUDIOS Q1 Earnings

PLAYSTUDIOS, Inc. (NASDAQ:MYPS - Free Report) - Northland Capmk issued their Q1 2025 EPS estimates for shares of PLAYSTUDIOS in a research note issued on Tuesday, November 5th. Northland Capmk analyst G. Gibas expects that the company will earn $0.00 per share for the quarter. The consensus estimate for PLAYSTUDIOS's current full-year earnings is ($0.06) per share. Northland Capmk also issued estimates for PLAYSTUDIOS's Q4 2025 earnings at ($0.01) EPS.

PLAYSTUDIOS (NASDAQ:MYPS - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01. The firm had revenue of $71.23 million during the quarter, compared to analysts' expectations of $69.62 million. PLAYSTUDIOS had a negative return on equity of 7.25% and a negative net margin of 6.34%. During the same quarter last year, the firm earned $0.02 earnings per share.

Other research analysts have also recently issued reports about the company. Northland Securities decreased their price objective on PLAYSTUDIOS from $5.50 to $4.00 and set an "outperform" rating on the stock in a report on Tuesday, August 6th. Benchmark downgraded PLAYSTUDIOS from a "buy" rating to a "hold" rating in a research report on Tuesday, August 6th. Stifel Nicolaus reduced their price objective on shares of PLAYSTUDIOS from $4.00 to $3.50 and set a "buy" rating on the stock in a report on Friday, October 18th. Finally, Craig Hallum cut shares of PLAYSTUDIOS from a "buy" rating to a "hold" rating and dropped their price target for the company from $4.00 to $2.00 in a research report on Tuesday, August 6th.

PLAYSTUDIOS Trading Up 8.2 %

PLAYSTUDIOS stock traded up $0.12 during midday trading on Wednesday, hitting $1.58. 422,481 shares of the stock were exchanged, compared to its average volume of 271,235. The stock has a market capitalization of $196.96 million, a price-to-earnings ratio of -11.39 and a beta of 0.61. The stock's 50-day simple moving average is $1.49 and its 200 day simple moving average is $1.88. PLAYSTUDIOS has a fifty-two week low of $1.20 and a fifty-two week high of $3.04.

Institutional Investors Weigh In On PLAYSTUDIOS

Several large investors have recently bought and sold shares of MYPS. Simplicity Wealth LLC acquired a new stake in PLAYSTUDIOS in the second quarter valued at approximately $25,000. SG Americas Securities LLC lifted its position in shares of PLAYSTUDIOS by 82.4% during the 3rd quarter. SG Americas Securities LLC now owns 30,649 shares of the company's stock worth $46,000 after purchasing an additional 13,846 shares during the last quarter. Williams & Novak LLC increased its holdings in PLAYSTUDIOS by 25.2% in the third quarter. Williams & Novak LLC now owns 35,700 shares of the company's stock valued at $54,000 after buying an additional 7,180 shares during the last quarter. AQR Capital Management LLC purchased a new stake in PLAYSTUDIOS during the 2nd quarter worth about $68,000. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of PLAYSTUDIOS by 22.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 25,116 shares of the company's stock worth $70,000 after acquiring an additional 4,546 shares in the last quarter. Hedge funds and other institutional investors own 37.52% of the company's stock.

Insider Buying and Selling at PLAYSTUDIOS

In related news, CFO Scott Edward Peterson sold 25,000 shares of PLAYSTUDIOS stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $1.50, for a total value of $37,500.00. Following the completion of the transaction, the chief financial officer now owns 583,998 shares in the company, valued at approximately $875,997. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 14.29% of the stock is currently owned by corporate insiders.

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.