PLAYSTUDIOS IncMYPS
MYPS
About: PLAYSTUDIOS Inc is engaged in gaming and related business. The Company develops and operates online and mobile social gaming applications (games or game), many of which incorporate a loyalty program offering real world rewards provided by a collection of awards partners. The Company's games are free-to-play and available via the Apple App Store, Google Play Store, Amazon Appstore, and Facebook (collectively, platforms or platform operators). The Company creates games based on its own original content as well as third-party licensed brands. The Company generates revenue through the in-game sales of virtual currency and through advertising. The company has one operating segment with one business activity, developing and monetizing social games.
Employees: 710
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
2.79% more ownership
Funds ownership: 35.06% [Q2] → 37.86% (+2.79%) [Q3]
4% less funds holding
Funds holding: 108 [Q2] → 104 (-4) [Q3]
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
28% less capital invested
Capital invested by funds: $85.9M [Q2] → $61.8M (-$24.1M) [Q3]
93% less call options, than puts
Call options by funds: $20K | Put options by funds: $283K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3.50
65%
upside
Avg. target
$3.50
65%
upside
High target
$3.50
65%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Stifel David Pang 71% 1-year accuracy 5 / 7 met price target | 65%upside $3.50 | Buy Maintained | 18 Oct 2024 |
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
Playstudios Q3 Earnings: Profitability Set To Rise Even As Revenue Continues To Decline
Shares are up more than 10% following the Q3 earnings release. Given the challenges to returning to organic growth, management has undertaken a strategic restructuring to reduce expenses and improve profitability. The current valuation appears undemanding, with the company's net cash representing more than half the current market cap.
Neutral
Seeking Alpha
1 month ago
PLAYSTUDIOS, Inc. (MYPS) Q3 2024 Earnings Call Transcript
PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Samir Jain – Head of Treasury and Investor Relations Andrew Pascal – Chairman and Chief Executive Officer Scott Peterson – Chief Financial Officer Conference Call Participants Aaron Lee – Macquarie Mike Hickey – Benchmark Danny Pfeiffer – JP Morgan David Pang – Stifel Greg Gibas – Northland Securities Martin Yang – Oppenheimer Operator Greetings, and welcome to the PLAYSTUDIOS Third Quarter 2024 Earnings Call and Webcast. At this time, all participants are in a listen-only mode.
Negative
Zacks Investment Research
1 month ago
PLAYSTUDIOS, Inc. (MYPS) Reports Q3 Loss, Tops Revenue Estimates
PLAYSTUDIOS, Inc. (MYPS) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.02 per share a year ago.
Neutral
Business Wire
1 month ago
PLAYSTUDIOS, Inc. Announces Third Quarter Results
LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (NASDAQ: MYPS) (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play mobile and social games and the developer of the playAWARDS loyalty platform, today announced financial results for the third quarter ended September 30, 2024. Andrew Pascal, Chairman and Chief Executive Officer of PLAYSTUDIOS, commented, “Despite continued industry pressures, revenues and consolidated AEBITDA came in above consensus expectations this quarter.
Neutral
Business Wire
1 month ago
PLAYSTUDIOS to Release Third Quarter 2024 Results November 4
LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games that offer real-world rewards to players, today announced that it will release its third quarter 2024 results after the close of the market on Monday, November 4, 2024. The Company will host a conference call and audio webcast on Monday, November 4, 2024 at 5:00 pm Eastern Time to disc.
Neutral
Seeking Alpha
3 months ago
Playstudios Q2 Earnings: Bargain Valuation Amid Persistent Organic Growth Challenges (Rating Downgrade)
Playstudios shares are down sharply since its Q2 earnings release, where weak performance prompted a reduction to full-year guidance. Despite the organic growth challenges that the company is facing, valuation appears attractive with more than half its market cap in cash. While capital allocation remains key, due to the ongoing uncertainty and the lack of near-term catalysts, I am downgrading MYPS stock to a hold.
Neutral
Seeking Alpha
4 months ago
PLAYSTUDIOS, Inc. (MYPS) Q2 2024 Earnings Call Transcript
PLAYSTUDIOS, Inc. (NASDAQ:MYPS ) Q2 2024 Results Conference Call August 5, 2024 5:00 PM ET Company Participants Samir Jain - Head of IR and Treasury Andrew Pascal - Chairman and CEO Scott Peterson - CFO Jason Hahn - EVP, Head of Corporate and Business Development Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Corp Cory Carpenter - JP Morgan Aaron Lee - Macquarie Clark Lampen - BTIG Martin Yang - Oppenheimer and Company David Pang - Stifel Greg Gibas - Northland Securities Operator Greetings, and welcome to the PLAYSTUDIOS Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Negative
Zacks Investment Research
4 months ago
PLAYSTUDIOS, Inc. (MYPS) Reports Q2 Loss, Lags Revenue Estimates
PLAYSTUDIOS, Inc. (MYPS) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.02 per share a year ago.
Neutral
Business Wire
4 months ago
PLAYSTUDIOS, Inc. Announces Second Quarter Results
LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (NASDAQ: MYPS) (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play mobile and social games and the developer of the playAWARDS loyalty platform, today announced financial results for the second quarter ended June 30, 2024. Second Quarter Financial Highlights Revenue was $72.6 million during the second quarter of 2024, compared to $77.8 million during the second quarter of 2023. Net loss was $2.6 million during the second qua.
Neutral
Business Wire
4 months ago
PLAYSTUDIOS to Release Second Quarter 2024 Results August 5
LAS VEGAS--(BUSINESS WIRE)--PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (“PLAYSTUDIOS” or the “Company”), the creator of the playAWARDS loyalty platform and an award-winning developer of free-to-play mobile and social games that offer real-world rewards to players, today announced that it will release its second quarter 2024 results after the close of the market on Monday, August 5, 2024. The Company will host a conference call and audio webcast on Monday, August 5, 2024 at 5:00 pm Eastern Time to discuss.
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