Will Zynga stocks go up?
Will Zynga stocks go up?
Stock Price Forecast The 16 analysts offering 12-month price forecasts for Zynga Inc have a median target of 10.00, with a high estimate of 15.60 and a low estimate of 8.20. The median estimate represents a +9.53% increase from the last price of 9.13.
Is Zynga good stock to buy?
Analysts generally believe Zynga is underweight and its stock price target is estimated at a $12.00 value. Its price-to-sales ratio is over 33% lower than it was a year ago, but it’s operating cash flow of $161 million last quarter is an 11 percent year-over-year increase.
Who is buying Zynga?
Take-Two Interactive Take-Two Interactive just made the biggest acquisition in the history of the video game industry, agreeing on Monday to buy arguably the most well-known name in social gaming, Zynga, for $12.7 billion.
Who could buy Zynga?
Take-Two Interactive Take-Two Interactive to buy FarmVille creator Zynga for $12.7 billion. Jan 10, 2022
Is Zynga a Chinese company?
San Francisco, California, U.S. Zynga Inc. /ˈzɪŋɡə/ is an American developer running social video game services. It was founded in April 2007, with headquarters in San Francisco. The company primarily focuses on mobile and social networking platforms.
What is the phone number for Zynga?
Alternatively, you can call our billing support team at +1-800-762-2530 (North America) or your country code + 80093799642 (all other countries).
Who owns FarmVille?
Zynga Grand Theft Auto maker buys FarmVille company in $12.7 billion deal. Take-Two Interactive, maker of “Grand Theft Auto” and “Red Dead Redemption,” is buying Zynga, maker of “FarmVille” and “Words With Friends,” in a cash-and-stock deal valued at about $12.7 billion. Jan 10, 2022
Is Rockstar owned by 2K?
Take-Two Interactive Software, Inc. is an American video game holding company based in New York City and founded by Ryan Brant in September 1993. The company owns two major publishing labels, Rockstar Games and 2K, which operate internal game development studios.
Is Rockstar owned by Sony?
The Rockstar Games label was founded in 1998 to create the most innovative and progressive interactive entertainment. It is a wholly owned subsidiary of Take-Two Interactive Software, Inc.
Is Zynga stock a buy or sell?
Is Zynga a buy right now? 18 Wall Street research analysts have issued “”buy,”” “”hold,”” and “”sell”” ratings for Zynga in the last year. There are currently 10 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “”hold”” Zynga stock.
How does Zynga make money?
But how does Zynga make money, exactly? Two ways: From the sale of so-called virtual goods, which are used as currency within Zynga’s online games and are items that help the player in the game, and. From advertising, both in and around its games. Sep 28, 2011
When did Zynga go public?
December 2011 Zynga went public in December 2011 at $10 a share, and spent a few months after the initial public offering trading higher than that price. Jan 10, 2022
Is Zynga a good investment 2020?
The stock’s price-to-sales ratio has dropped from 6 in 2020 to 3.9 at current price levels. That’s a huge discount to top gaming stocks that trade between 5.7 to 7.3 times sales. At this level, Zynga offers a combination of value and growth, which makes it a great buy, in my opinion. Aug 26, 2021
