PLAYSTUDIOS (MYPS) to Release Earnings on Monday

PLAYSTUDIOS (NASDAQ:MYPS) is expected to be releasing its Q2 2025 earnings data after the market closes on Monday, August 4th. Analysts expect PLAYSTUDIOS to post earnings of ($0.01) per share and revenue of $61.63 million for the quarter. PLAYSTUDIOS has set its FY 2025 guidance at EPS.

PLAYSTUDIOS (NASDAQ:MYPS) last released its earnings results on Monday, May 5th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). PLAYSTUDIOS had a negative return on equity of 5.83% and a negative net margin of 11.30%. The company had revenue of $62.71 million for the quarter, compared to analysts’ expectations of $64.45 million.

PLAYSTUDIOS Price Performance

NASDAQ:MYPS opened at $1.09 on Friday. PLAYSTUDIOS has a fifty-two week low of $1.08 and a fifty-two week high of $2.29. The stock’s 50-day moving average is $1.33 and its two-hundred day moving average is $1.44. The stock has a market cap of $136.34 million, a PE ratio of -4.54 and a beta of 0.89.

Insider Activity

In other news, CFO Scott Edward Peterson sold 25,000 shares of PLAYSTUDIOS stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $1.24, for a total transaction of $31,000.00. Following the completion of the sale, the chief financial officer directly owned 601,421 shares in the company, valued at $745,762.04. The trade was a 3.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Joel Agena sold 20,000 shares of PLAYSTUDIOS stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $1.27, for a total value of $25,400.00. Following the sale, the general counsel owned 35,301 shares of the company’s stock, valued at approximately $44,832.27. This represents a 36.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 199,430 shares of company stock valued at $268,624. 14.67% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On PLAYSTUDIOS

A hedge fund recently raised its stake in PLAYSTUDIOS stock. NewEdge Advisors LLC increased its stake in PLAYSTUDIOS, Inc. (NASDAQ:MYPS) by 5,260.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 134,015 shares of the company’s stock after purchasing an additional 131,515 shares during the quarter. NewEdge Advisors LLC owned approximately 0.10% of PLAYSTUDIOS worth $170,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 37.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MYPS. Benchmark raised PLAYSTUDIOS from a “hold” rating to a “speculative buy” rating and set a $2.00 target price on the stock in a research note on Tuesday, May 6th. Craig Hallum raised PLAYSTUDIOS from a “hold” rating to a “buy” rating and lifted their target price for the company from $2.00 to $3.00 in a research note on Friday, May 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $2.80.

About PLAYSTUDIOS

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.