In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on PLAYSTUDIOS (MYPS – Research Report). The company’s shares closed yesterday at $2.83.
According to TipRanks, Sigdahl is a 5-star analyst with an average return of 18.1% and a 45.31% success rate. Sigdahl covers the Technology sector, focusing on stocks such as Genius Sports Limited, Hudson Tech, and Light & Wonder.
Currently, the analyst consensus on PLAYSTUDIOS is a Moderate Buy with an average price target of $5.50, implying a 94.35% upside from current levels. In a report released on October 25, Northland Securities also maintained a Buy rating on the stock with a $5.50 price target.
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Based on PLAYSTUDIOS’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $77.79 million and a GAAP net loss of $759 thousand. In comparison, last year the company earned a revenue of $68.35 million and had a net profit of $5.5 million
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PLAYSTUDIOS (MYPS) Company Description:
Acies Acquisition Corp is a blank check company.
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