Citi cuts Playtika Holding stock target from USD 4.00 to USD 3.50

Published on 10/15/2026 at 19:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached USD 731.10 million. Playtika Holding stock costs EUR 1.95 on October 15, 2026, while Nasdaq rose 6.83 percent.

Analyst target and stock valuation

Citi analyst Jason Bazinet set a USD 3.50 target on October 14, 2026.
Playtika's market value stood at USD 833.4 million on October 15, 2026.
Playtika Holding stock costs EUR 1.95 at Lang & Schwarz on October 15, 2026 at 7:03 p.m. CEST, while Nasdaq rose 6.83 percent.
Playtika's reported price-to-earnings ratio was minus 2.99 on October 15, 2026.

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Citi analyst Jason Bazinet cut Playtika's price target from USD 4.00 to USD 3.50 and kept a Buy rating on October 14, 2026, according to Markets Insider. The new target stood 59.82 percent above the Nasdaq price of USD 2.19 on October 15, 2026. Playtika Holding stock was trading at EUR 1.95 at Lang & Schwarz on October 15, 2026 at 7:03 p.m. CEST, while Nasdaq rose 6.83 percent to USD 2.19 from USD 2.05.

Target cut leaves room above price

The Citi change matters because the new USD 3.50 target remains materially above the same-day Nasdaq quotation. The target was reduced by USD 0.50, or 12.50 percent, from the earlier USD 4.00 level. Citi retained its Buy rating, so the note combines a lower valuation mark with an unchanged recommendation.

Stock stays near its yearly low

Playtika traded at USD 2.19 on Nasdaq on October 15, 2026 at 1:08 p.m. EDT. Its 52-week range was USD 2.04 to USD 4.42, putting the price 7.35 percent above the low and 50.45 percent below the high. The same session showed 488,796 shares traded against an average volume of 1,426,439 shares.

Negative earnings multiple and Q2 results

Playtika's market value stood at USD 833.4 million on October 15, 2026, while its price-to-earnings ratio was minus 2.99. Its trailing dividend yield was 0.09 percent. The investor-relations page lists Playtika's second-quarter 2026 results and earnings call on August 6, 2026, including revenue of USD 731.10 million, operating profit of USD 134.60 million and net income of USD 48.00 million.

Trading picture for investors

The combination of a target cut and a negative price-to-earnings ratio puts the emphasis on execution rather than a simple target comparison. For investors, the distance from the 52-week low is narrower than the gap to the high, while the current market value remains below USD 1.0 billion.

Price and valuation remain the frame

Playtika's Nasdaq quotation remained separate from its euro indication in Germany. The dated market figures show a stock close to its yearly floor, a negative price-to-earnings ratio and a Citi target that is 59.82 percent above the home-market price.

At Lang & Schwarz, Playtika Holding stock was trading at EUR 1.95 on October 15, 2026 at 7:03 p.m. CEST; Nasdaq was up 6.83 percent on the day versus its prior close of USD 2.05.

The further course of trading is shown by the continuously updated real-time quote of Playtika Holding stock.