12 Best Penny Stocks That Will Skyrocket

Page 7 of 11

​5. Playtika Holding Corp. (NASDAQ:PLTK)

Price: $3.41

Upside: 46.63%

Number of Hedge Fund Holders: 27

​Playtika Holding Corp. (NASDAQ:PLTK) is one of the Best Penny Stocks That Will Skyrocket. Wall Street is bullish on the stock as it approaches fiscal Q4 2025 earnings, expected to be released on February 26. Analysts’ 12-month price target reflects more than 51% upside from the current levels.

​Recently, on January 29, Jason Bazinet from Citi reiterated a Buy rating on Playtika Holding Corp. (NASDAQ:PLTK) with a price target of $7. Earlier on January 15, Wedbush also reiterated a Buy rating on the stock with a $7 price target.

​Management during fiscal Q3 2025 results reaffirmed its full-year revenue guidance range of $2.70 billion – $2.75 billion, along with adjusted EBITDA in the range of $715 million – $740 million. For fiscal Q4, Wall Street expects the company to post around $660.32 million in revenue with $0.14 in GAAP EPS.

​That said, Playtika Holding Corp. (NASDAQ:PLTK) has been working towards cutting costs as the industry shifts towards AI. On January 13, management had announced laying off roughly 15% of its workforce with the aim of having a leaner team powered by AI automation by Q1 2026. During the fiscal Q3 2025 earnings call, Craig Abrahams, Playtika’s President and Chief Financial Officer, noted that the company is on track to finish the year within its capital expenditure guidance.

​Playtika Holding Corp. (NASDAQ:PLTK) is a developer and publisher of free-to-play mobile games, known for titles such as Slotomania, Bingo Blitz, and June’s Journey. The company primarily generates revenue through in-app purchases of virtual items and digital currency within its games.

Page 7 of 11