Playtika Holding Corp. (NASDAQ:PLTK) earns a spot as one of the 10 Most Undervalued Foreign Stocks to Buy according to Analysts. Wedbush reaffirmed a ‘Buy’ rating with a $11.50 price target. In Q1 2025, the company reported $706 million in revenue, a 8.6% increase sequentially and 8.4% YoY.
Despite the positive momentum, Morgan Stanley reduced PLTK’s price target to $5.75 from $7.25, maintaining an ‘Equal Weight’ rating. The company operates globally, developing mobile games distributed through various channels. Analysts have mixed sentiment on PLTK’s outlook amid macroeconomic uncertainties.
While PLTK shows potential as an investment, some AI stocks may offer greater upside potential with less downside risk. For those seeking an undervalued AI stock, consider exploring other options. The company remains focused on its growth and improving earnings, despite mixed short-term outlooks.
Read more at Yahoo Finance: Wedbush Reaffirms ‘Buy’ Rating on Playtika Holding Corp. (PLTK) with $11.50 PT