Positive Outlook for Playtika Holding: Strong Revenue, Promising Game Launches, and Attractive Valuation Support Buy Rating

Playtika Holding (PLTK – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Doug Creutz from TD Cowen reiterated a Buy rating on the stock and has a $16.00 price target.

Doug Creutz has given his Buy rating due to a combination of factors, including Playtika Holding’s strong revenue performance and promising new game launches. Despite a miss on EBITDA, which was attributed to higher marketing expenses and timing issues, the company’s management has maintained its guidance for fiscal year 2025, indicating confidence in future financial performance.
Moreover, the launch of Disney Solitaire has shown a robust start, suggesting potential for continued success throughout the year. The stock remains attractively valued, trading at a low multiple of its estimated EBITDA for fiscal year 2026 and offering a 5% dividend yield. These factors contribute to the positive outlook and the reiteration of a Buy rating.

According to TipRanks, Creutz is a 5-star analyst with an average return of 16.9% and a 63.59% success rate. Creutz covers the Communication Services sector, focusing on stocks such as Playtika Holding, Live Nation Entertainment, and AMC Networks.

In another report released on May 2, Wedbush also reiterated a Buy rating on the stock with a $11.50 price target.