znga stock price

Should you buy ZNGA stock?

In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares. The overview shows that ZNGA’s price is at present 1.94% off the SMA20 and -6.43% from the SMA50.

Should I buy Zynga stock?

Zynga Inc. gained 0.46% or 0.04 points to... CEMEX S.A.B. de C.V. jumped around 0.15 points... Zynga Inc. [NASDAQ: ZNGA] gained 0.46% or 0.04 points to close at $8.67 with a heavy trading volume of 20808148 shares. The company report on January 28 ...

Is it too late to buy Zynga stock?

Zynga stock has now skyrocketed more than 43% above its 52-week low of $1.78, reached only three months ago. But even with Thursday's bounce on almost 50% higher volume, Zynga shares are still down 4.85% so far on the year, compared with a 0.33% rise in the S&P 500 ( SPX) index But there's still money to be made on the stock.

Could Zynga stock double by 2023?

The new note on the price target was released on August 06, 2021, representing the official price target for Zynga Inc. stock. Previously, the target price had yet another drop from $12 to $10, while The Benchmark Company kept a Buy rating on ZNGA stock. On August 06, 2021, analysts decreased their price target for ZNGA shares from 14 to 12.75.

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Is Znga stock a good buy?

Zynga has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 6 buy ratings, 11 hold ratings, and no sell ratings.

What is the forecast for Zynga stock?

Based on 9 Wall Street analysts offering 12 month price targets for Zynga in the last 3 months. The average price target is 8.92 with a high forecast of 10.00 and a low forecast of 7.80.

Does Zynga stock pay dividends?

Zynga (ZNGA) does not pay a dividend.

Is Zynga overvalued?

Is Zynga Overvalued? Market consensus expects Zynga's revenue and EBITDA to grow by +35% and 20% YoY to $2,667 million and $674 million, respectively in FY 2021. But the strong growth is largely factored into Zynga's share price as evidenced by the company's rich valuations.

Whats going on with Zynga?

[Updated: 1/10/2022] Take-Two To Acquire Zynga Take-Two Interactive (NASDAQ: TTWO) has announced its plan to acquire Zynga (NASDAQ: ZNGA) in a deal valued at $12.7 billion. Zynga shareholders will get $9.86 per share, including $3.50 in cash and $6.36 of Take-Two stock.

Who bought Zynga?

Take-TwoTake-Two has officially completed its $12.7 billion deal for social game developer Zynga, the two companies announced Monday. With the acquisition, Take-Two not only takes ownership of big Zynga franchises like FarmVille but also gets access to Zynga's expertise building hugely popular free-to-play mobile games.

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. This is control. Facebook decides what games Zynga can launch, and when, and how successful these games will be. The Facebook Platform is not a level playing field at all.

When did Zynga go public?

December 2011Zynga went public in December 2011 at $10 a share, and spent a few months after the initial public offering trading higher than that price.

Is Zynga a good stock to buy 2021?

In fact, at the current market price of $10, ZNGA stock is trading at just 22x its 2021 EPS estimate of $0.45. We continue to believe that Zynga deserves a higher P/E multiple given the strong revenue and earnings growth delivered over the recent past, a trend expected to continue going forward, as well.

Is ZNGA a buy Zacks?

See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows

Will Zynga get bought out?

Take-Two Interactive has officially acquired social and mobile gaming company Zynga. The $12.7 billion acquisition, announced in January, was completed Monday. The combined company will bring a new slate of popular games to Take-Two, including Zynga's Farmville, Words with Friends and Zynga Poker.

Is Zynga a good stock to buy 2021?

In fact, at the current market price of $10, ZNGA stock is trading at just 22x its 2021 EPS estimate of $0.45. We continue to believe that Zynga deserves a higher P/E multiple given the strong revenue and earnings growth delivered over the recent past, a trend expected to continue going forward, as well.

How much will Zynga be worth in 5 years?

Based on our forecasts, a long-term increase is expected, the "ZNGA" stock price prognosis for 2027-05-19 is 13.417 USD. With a 5-year investment, the revenue is expected to be around +64.03%. Your current $100 investment may be up to $164.03 in 2027.

Is Zynga a sell?

Take-Two Interactive says it is buying mobile gaming company Zynga for $12.7 billion with a mix of cash and stock, marking the latest blockbuster acquisition in a string of major deals in the video game industry.

Why is Zynga stock dropping?

For perspective, Zynga was a market-beating investment in 2020, up 61%. But 2021's underperformance has caused Zynga stock to fall to levels not seen since May 2019. Because of this, its cumulative three-year returns are now losing to the market.

How much did Zynga stock fall in 2021?

What is a break in a horizontal trend?

The Zynga Inc. stock price fell by -1.40% on the last day (Friday, 9th Jul 2021) from $10.68 to $10.53. and has now fallen 4 days in a row. During the day the stock fluctuated 3.36% from a day low at $10.28 to a day high of $10.63. The price has risen in 5 of the last 10 days and is up by 0.86% over the past 2 weeks. Volume has increased on the last day by 9 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 25 million shares were bought and sold for approximately $258.94 million.

Is Zynga stock a buy or sell signal?

A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Barchart Technical Opinion

There are mixed signals in the stock today. The Zynga Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.

Business Summary

The Barchart Technical Opinion rating is a 56% Buy with a Average short term outlook on maintaining the current direction.

When did Zynga buy Peak?

Zynga Inc. is the world's largest social game developer with users playing their games which include CityVille, FarmVille, FrontierVille, Words With Friends, Mafia Wars, Zynga Poker, Cafe World, and Treasure Isle. Zynga Inc. games are available on a number of global platforms including Facebook, MySpace,...

What platforms does Zynga publish games on?

Zynga acquired Peak for $1.85 billion in a deal that closed in July 2020, thereby adding Toon Blast and Toy Blast as new forever franchises to its live services portfolio. Additionally, the company acquired 80% of Rollic for $180 million in a deal that closed in October 2020.