Wedbush Reaffirms ‘Buy’ Rating on Playtika Holding Corp. (PLTK) with $11.50 PT

Offering strong upside potential, Playtika Holding Corp. (NASDAQ:PLTK) earns a spot on our list of the 10 Most Undervalued Foreign Stocks to Buy According to Analysts.

Wedbush Reaffirms ‘Buy’ Rating on Playtika Holding Corp. (PLTK) with $11.50 PT

A group of professional gamers in the middle of a tournament, demonstrating the high-energy of the competitive gaming scene.

Analysts hold mixed sentiment surrounding Playtika Holding Corp. (NASDAQ:PLTK)’s outlook, amid broader macroeconomic uncertainties and following the strong Q1 2025 performance of the company.

On July 1, 2025, Wedbush reaffirmed its ‘Buy’ rating with an $11.50 price target. The analyst attributed this to the company’s strong momentum as demonstrated through its Q1 results. Playtika Holding Corp. (NASDAQ:PLTK) reported $706 million in revenue, which was an increase of 8.6% sequentially and 8.4% year-over-year (YoY). Meanwhile, its direct-to-consumer platforms reported a 4.5% increase YoY. While its GAAP net income fell by 42.3%, adjusted net income rose by 34.1% sequentially, highlighting the company’s operational resilience.

Meanwhile, in April, Morgan Stanley reduced its price target on Playtika Holding Corp. (NASDAQ:PLTK) from $7.25 to $5.75, maintaining an ‘Equal Weight’ rating, amid tariff pressures and a cautious outlook for internet stocks. While there is a mixed short-term outlook, the company remains on track with its topline growth and improving adjusted earnings.

Operating in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally, Playtika Holding Corp. (NASDAQ:PLTK) develops mobile games, distributing them through various channels. It remains on our list of the most undervalued stocks.

While we acknowledge the potential of PLTK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PLTK and that has 100x upside potential, check out our report about this cheapest AI stock.

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