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Robert W. Baird Stick to Their Buy Rating for Zynga

May 09, 2021 06:19AM ET
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Robert W. Baird analyst Colin Sebastian maintained a Buy rating on Zynga (NASDAQ:ZNGA) on Wednesday, setting a price target of $14, which is approximately 27.39% above the present share price of $10.99.

Sebastian expects Zynga to post earnings per share (EPS) of $0.00 for the second quarter of 2021.

The current consensus among 17 TipRanks analysts is for a Strong Buy rating of shares in Zynga, with an average price target of $13.53.
The analysts price targets range from a high of $15 to a low of $9.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $680.3 million and a net profit of -$5.5 million. The company's market cap is $11.92 billion.

According to TipRanks.com, Robert W. Baird analyst Colin Sebastian is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 32.4% and a 73.14% success rate.

Zynga, Inc. provides social game services. It develops, markets and operates social games as live services played on mobile platforms such as Apple (NASDAQ:AAPL)'s iOS operating system and Google (NASDAQ:GOOGL)'s Android operating system, and social networking sites such as Facebook (NASDAQ:FB). It offers Chess with Friends, Crazy Cake Swap, Draw Something, FarmVille, Gems with Friends, Ice Age: Arctic Blast, Looney Tunes Dash, Speed Guess (NYSE:GES) Something, What's The Phrase, Wizard of Oz Magic Match, Yummy Gummy, Free Slots, Black Diamond Casino, Hit It Rich, Zynga Poker and Willy Wonka Slots. The company was founded by Mark Jonathan Pincus on April 19, 2007 and is headquartered in San Francisco, CA.

Robert W. Baird Stick to Their Buy Rating for Zynga
 

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