--- title: "PLAYSTUDIOS (NASDAQ:MYPS) Issues Earnings Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/295567808.md" description: "PLAYSTUDIOS (NASDAQ:MYPS) reported quarterly earnings missing analyst estimates, with EPS of ($0.10) versus the expected ($0.04), and revenue of $54.99 million against a $57.05 million consensus. The company posted negative return on equity of 14.38% and net margin of 15.79%. Following the report, MYPS stock fell 4.2% to $0.64. Several hedge funds increased their stakes in Q3 and Q4, while analysts maintain a consensus 'Hold' rating with an average target price of $1.25." datetime: "2026-08-11T18:26:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295567808.md) - [en](https://longbridge.com/en/news/295567808.md) - [zh-HK](https://longbridge.com/zh-HK/news/295567808.md) generator: "portal-rs" --- # PLAYSTUDIOS (NASDAQ:MYPS) Issues Earnings Results PLAYSTUDIOS (NASDAQ:MYPS - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06), FiscalAI reports. The company had revenue of $54.99 million for the quarter, compared to the consensus estimate of $57.05 million. PLAYSTUDIOS had a negative return on equity of 14.38% and a negative net margin of 15.79%. ## PLAYSTUDIOS Stock Down 4.2% NASDAQ:MYPS traded down $0.03 during trading hours on Tuesday, reaching $0.64. 109,531 shares of the company's stock were exchanged, compared to its average volume of 575,434. The business's 50-day simple moving average is $0.62 and its two-hundred day simple moving average is $0.54. PLAYSTUDIOS has a 12 month low of $0.40 and a 12 month high of $1.08. The company has a market capitalization of $82.40 million, a P/E ratio of -2.31 and a beta of 0.94. ## Hedge Funds Weigh In On PLAYSTUDIOS A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MYPS. Orion Porfolio Solutions LLC acquired a new position in shares of PLAYSTUDIOS in the third quarter valued at approximately $30,000. Franklin Resources Inc. bought a new position in shares of PLAYSTUDIOS in the 3rd quarter worth about $46,000. Verdad Advisers LP acquired a new stake in shares of PLAYSTUDIOS during the 4th quarter worth approximately $48,000. Deutsche Bank AG bought a new stake in PLAYSTUDIOS in the fourth quarter valued at $61,000. Finally, Wells Fargo & Company MN boosted its holdings in PLAYSTUDIOS by 46.2% in the fourth quarter. Wells Fargo & Company MN now owns 100,224 shares of the company's stock worth $65,000 after acquiring an additional 31,685 shares in the last quarter. 37.52% of the stock is owned by institutional investors. ## Analyst Upgrades and Downgrades A number of equities analysts have recently commented on the stock. Weiss Ratings upgraded PLAYSTUDIOS from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, August 5th. Wall Street Zen raised shares of PLAYSTUDIOS from a "sell" rating to a "hold" rating in a report on Saturday, July 4th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, PLAYSTUDIOS currently has a consensus rating of "Hold" and an average target price of $1.25. **Get Our Latest Stock Report on PLAYSTUDIOS** ## About PLAYSTUDIOS (Get Free Report) PLAYSTUDIOS, traded on NASDAQ as MYPS, is a digital entertainment company that develops free-to-play mobile and social casino games. Its flagship titles include POP! Slots, myVEGAS Slots and my KONAMI Slots, which combine classic casino mechanics with branded content and a proprietary loyalty program. Through the MyPLAY system, players earn virtual currency and loyalty points redeemable for real-world rewards, including hotel stays, dining and entertainment vouchers at partner venues. Founded in 2011 and headquartered in Las Vegas, Nevada, PLAYSTUDIOS was co-founded by industry veteran Andrew Pascal, who serves as its Chief Executive Officer. ## Recommended Stories - Five stocks we like better than PLAYSTUDIOS - Atlassian Just Pulled Off the Software Comeback Wall Street Wanted - AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be - NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings - Apple’s Next iPhone Could Test How Much Pricing Power Is Left *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in PLAYSTUDIOS Right Now? Before you consider PLAYSTUDIOS, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PLAYSTUDIOS wasn't on the list. While PLAYSTUDIOS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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