Playtika (PLTK) Stock Forecast & Price Target

$7.88

+0.11 (+1.42%)

(As of 09:56 AM ET)

Playtika - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 12 Analyst Ratings

Based on 12 Wall Street analysts who have issued ratings for Playtika in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 1 has given a sell rating, 7 have given a hold rating, and 4 have given a buy rating for PLTK.

Consensus Price Target

$9.29
17.91% Upside

High Forecast	$11.50
Average Forecast	$9.29
Low Forecast	$8.00

According to the 12 analysts' twelve-month price targets for Playtika, the average price target is $9.29. The highest price target for PLTK is $11.50, while the lowest price target for PLTK is $8.00. The average price target represents a forecasted upside of 17.91% from the current price of $7.88.

Type	Current Forecast 9/25/23 to 9/24/24	1 Month Ago 8/26/23 to 8/25/24	3 Months Ago 6/27/23 to 6/26/24	1 Year Ago 9/25/22 to 9/25/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	9 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$9.29	$9.29	$10.06	$14.55
Forecasted Upside	17.91% Upside	19.87% Upside	25.49% Upside	41.82% Upside

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PLTK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PLTK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Playtika Stock vs. The Competition

Type	Playtika	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.25	2.56	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	19.58% Upside	1,185.73% Upside	6.98% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/19/2024	Wedbush 3 of 5 stars		Reiterated Rating	Outperform ➝ Outperform	$11.50 ➝ $11.50	+45.75%
8/8/2024	Roth Mkm 1 of 5 stars		Lower Target	Neutral ➝ Neutral	$9.00 ➝ $8.00	+16.11%
7/23/2024	Morgan Stanley 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$7.40 ➝ $8.25	+4.96%
6/24/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Department Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$8.50	+6.65%
6/13/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$9.00	+6.13%
5/10/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$9.00 ➝ $10.00	+12.74%
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2/27/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$11.00 ➝ $8.75	+17.29%
2/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$12.00 ➝ $11.00	+51.72%
1/22/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$14.90 ➝ $8.00	+7.82%
1/18/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$11.00 ➝ $8.00	+7.38%
11/21/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$11.00	+29.56%
11/9/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$11.00 ➝ $9.50	+19.20%
8/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$19.00	+90.00%
6/27/2023	3M Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Initiates
2/28/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Handler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
1/27/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$11.00	+6.69%
12/13/2022	Bank Of America (Bofa) Subscribe to MarketBeat All Access for the recommendation accuracy rating	Omar Dessouky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Neutral	$9.00 ➝ $9.00	+3.09%
11/15/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$29.00	+186.00%
10/12/2022	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:27 AM ET.

PLTK Forecast - Frequently Asked Questions

What is Playtika's forecast for 2024?: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Playtika is $9.29, with a high forecast of $11.50 and a low forecast of $8.00.
Should I buy or sell Playtika stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Playtika in the last twelve months. There is currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PLTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLTK, but not buy additional shares or sell existing shares.
Does Playtika's stock price have much upside?: According to analysts, Playtika's stock has a predicted upside of 18.62% based on their 12-month stock forecasts.
What analysts cover Playtika?: Playtika has been rated by research analysts at Morgan Stanley, Roth Mkm, and Wedbush in the past 90 days.
Do Wall Street analysts like Playtika more than its competitors?: Analysts like Playtika less than other "consumer discretionary" companies. The consensus rating for Playtika is Hold while the average consensus rating for "consumer discretionary" companies is Moderate Buy. Learn more on how PLTK compares to other companies.