Playtika Holding Corp. (PLTK)
NASDAQ:PLTK
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Playtika Holding
(NASDAQ:PLTK)
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Rating:54Neutral
Price Target:
$3.00
▼(-17.13% Downside)
Action:Reiterated
Date:06/01/26
The score is held back primarily by weak profitability (TTM net loss) and elevated balance-sheet risk (negative equity with sizable debt), despite strong free cash flow. Technicals are moderately positive with price above key moving averages, while valuation is mixed (high yield but negative P/E). The latest earnings call was directionally constructive with raised guidance and DTC/SuperPlay momentum, but near-term cash and margin pressures and the suspended dividend temper confidence; the strategic review adds incremental uncertainty.
Positive Factors
Cash Generation
Sustained, strong operating and free cash flow provides durable funding for live-ops, UA and content investment without immediate equity raises. Positive cash conversion despite GAAP losses improves ability to service debt, reinvest in franchises and fund M&A or buyouts over the medium term.
Negative Factors
Weak Balance Sheet / Leverage
Persistent negative equity and sizable debt materially weaken financial flexibility and raise refinancing and covenant risk. Even with positive cash flow, the equity deficit constrains strategic optionality and increases sensitivity to adverse cash shocks or rising rates over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Sustained, strong operating and free cash flow provides durable funding for live-ops, UA and content investment without immediate equity raises. Positive cash conversion despite GAAP losses improves ability to service debt, reinvest in franchises and fund M&A or buyouts over the medium term.
Read all positive factors
Playtika Holding Key Performance Indicators (KPIs)
Any
Revenue by Segment
Reveals how much revenue each business area generates, highlighting which segments drive growth and profitability, and where there might be opportunities or challenges.
Reveals how much revenue each business area generates, highlighting which segments drive growth and profitability, and where there might be opportunities or challenges.
Data provided by:
The Fly
The FlyPlaytika Holding (PLTK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.18B
Dividend Yield9.98%
Average Volume (3M)1.25M
Price to Earnings (P/E)―
Beta (1Y)1.24
Revenue Growth7.30%
EPS Growth-307.46%
CountryUS
Employees3,500
SectorCommunication Services
Sector Strength97
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)-0.77
Shares Outstanding380,379,550
10 Day Avg. Volume1,401,224
30 Day Avg. Volume1,253,094
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)-3.61
Price to Sales (P/S)0.54
P/FCF Ratio2.80
Enterprise Value/Market Cap2.70
Enterprise Value/Revenue1.14
Enterprise Value/Gross Profit1.56
Enterprise Value/Ebitda10.36
Forecast
1Y Price Target
$6.38Price Target Upside76.10% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)0.43
Revenue Forecast (FY)$2.81B
Playtika Holding Business Overview & Revenue Model
Company Description
Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company owns a portfolio of casual and casino-themed games. It distributes its games to the end customer...
How the Company Makes Money
Playtika primarily makes money through in-app purchases in its free-to-play mobile games. Players can download and play at no cost, and a portion of users (often referred to as “payers”) buy virtual items—such as in-game currency, chips/coins, pow...
Playtika Holding Earnings Call Summary
Earnings Call Date:May 07, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 12, 2026
Earnings Call Sentiment Positive
The call presents a predominantly positive operational momentum driven by the rapid scaling of SuperPlay's Disney Solitaire and record DTC growth, supported by raised full-year guidance and stronger adjusted EBITDA outlook. Key strengths include category leadership across multiple franchises, improving ARPDAU, and strategic mix shift to long-life casual titles. Major concerns highlighted are near-term margin pressure from front-loaded marketing, a GAAP net loss driven by noncash contingent consideration, significant post-quarter earn-out cash outflow ($461M), suspended dividend and ongoing liquidity/maturity profile actions, and some YoY engagement softness excluding SuperPlay. On balance, the company is signaling constructive long-term direction while managing short-term financial and cash-profile challenges.Positive Updates
Quarterly Revenue Growth
Total revenue of $744.7 million in Q1 FY2026, up 9.7% sequentially and 5.5% year-over-year.
Negative Updates
GAAP Net Loss and Contingent Consideration Impact
GAAP net loss of $57.5 million in Q1; G&A increased 120.1% YoY primarily due to a noncash fair value increase in contingent consideration related to SuperPlay, which inflated GAAP expenses (excluding it G&A would have been $48.5M).
Read all updates
Q1-2026 Updates
Positive
Negative
Quarterly Revenue Growth
Total revenue of $744.7 million in Q1 FY2026, up 9.7% sequentially and 5.5% year-over-year.
Read all positive updates
Company Guidance
Playtika raised full‑year revenue guidance to $2.75–$2.85 billion (from $2.7–$2.8B) and lifted adjusted EBITDA guidance to $750–$790 million (from $730–$770M), while stressing flexibility to reinvest incremental dollars in H2 rather than maximize near‑term EBITDA; Q1 results that underpin the update included revenue of $744.7M (+9.7% sequential, +5.5% YoY), adjusted EBITDA $125.2M (16.8% margin), DTC revenue $291.8M (+16.7% seq, +62.8% YoY) with a ~ $1.2B DTC annual run‑rate, and management said SuperPlay is expected to drive positive adjusted EBITDA in Q2; balance sheet actions noted include ~$779.2M cash as of March 31 (subsequently paid a $461M SuperPlay earn‑out), suspension of the quarterly dividend, and active work to strengthen the capital structure and liquidity.Playtika Holding Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
22
Negative
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.79B | 2.76B | 2.55B | 2.57B | 2.62B | 2.58B |
| Gross Profit | 2.04B | 2.00B | 1.86B | 1.85B | 1.88B | 1.85B |
| EBITDA | 306.30M | 133.10M | 601.40M | 704.30M | 640.30M | 703.10M |
| Net Income | -294.50M | -206.40M | 162.20M | 235.00M | 275.30M | 308.50M |
Balance Sheet | ||||||
| Total Assets | 3.69B | 3.72B | 3.64B | 3.17B | 2.70B | 2.80B |
| Cash, Cash Equivalents and Short-Term Investments | 780.70M | 820.20M | 565.80M | 1.03B | 768.70M | 1.12B |
| Total Debt | 2.52B | 2.65B | 2.50B | 2.52B | 2.53B | 2.53B |
| Total Liabilities | 4.15B | 4.13B | 3.77B | 3.40B | 3.27B | 3.18B |
| Stockholders Equity | -463.10M | -411.40M | -131.10M | -221.50M | -568.60M | -377.70M |
Cash Flow | ||||||
| Free Cash Flow | 560.62M | 531.40M | 449.20M | 483.00M | 383.70M | 452.10M |
| Operating Cash Flow | 593.25M | 567.70M | 490.10M | 515.60M | 493.70M | 551.70M |
| Investing Cash Flow | -9.25M | -221.70M | -782.10M | -240.20M | -74.60M | -609.40M |
| Financing Cash Flow | -233.51M | -230.00M | -167.10M | -18.20M | -652.00M | 559.70M |
Playtika Holding Technical Analysis
Negative
3.62
Price Trends
3.39
Negative
3.32
Negative
3.52
Negative
Market Momentum
-0.06
Positive
36.50
Neutral
3.10
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PLTK, the sentiment is Negative. The current price of 3.62 is above the 20-day moving average (MA) of 3.52, above the 50-day MA of 3.39, and above the 200-day MA of 3.52, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 36.50 is Neutral, neither overbought nor oversold. The STOCH value of 3.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PLTK.
Playtika Holding Risk Analysis
Playtika Holding disclosed 73 risk factors in its most recent earnings report. Playtika Holding reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Playtika Holding Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
85 Outperform | $575.81M | 5.05 | 12.16% | ― | 9.99% | -2.49% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
54 Neutral | $1.18B | -3.97 | 113.59% | 9.98% | 7.30% | -307.46% | |
54 Neutral | $224.88M | 3.13 | -60.77% | 18.48% | ― | ― | |
54 Neutral | $78.30M | -2.14 | -15.65% | ― | -15.86% | -16.59% | |
48 Neutral | $131.57M | ― | -55.16% | ― | 21.25% | -77.13% |
* Communication Services Sector Average
PLTK
Playtika Holding
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MYPS
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Playtika Holding Corporate Events
Business Operations and Strategy
Playtika Launches Strategic Review to Explore Alternatives
Negative
Apr 6, 2026
On April 6, 2026, Playtika Holding Corp. announced that its board has formed a Special Committee of independent directors to conduct a comprehensive review of strategic alternatives across its portfolio to unlock and enhance shareholder value. The...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.