gaming

Zynga Inc (NASDAQ: ZNGA) stock jumped Thursday after the company reported better-than-expected fourth-quarter revenue growth and issued 2019 bookings guidance above consensus expectations. Zynga management said the company’s “turnaround is now complete” and it is...

Goldman Sachs initiated coverage of five video game company stocks Wednesday, with the research firm naming mobile gaming company Zynga Inc (NASDAQ: ZNGA) and "Red Dead Redemption" maker Take-Two Interactive Software, Inc (NASDAQ: TTWO) as its top choices.  The Thesis...

Shares of NVIDIA Corporation (NASDAQ: NVDA) were trading lower by more than 15 percent Monday morning after the semiconductor company cautioned investors its fourth-quarter results will come in worse than previously expected due to poor performance in the Gaming and Datacenter business segments....

Monetization ceilings and creative challenges were cited by a Jefferies analyst in a Thursday downgrade of Electronic Arts Inc. (NASDAQ: EA). The Analyst Analyst Timothy O’Shea downgraded Electronic Arts from Buy to Hold and lowered the price target from $139 to $95. The Thesis Jefferies...

Normally the information technology sector is seen as a higher-growth one, but that doesn’t look to be the case this quarter around as Q4 earnings season gets underway.  As of Jan. 9 the blended revenue growth rate, a measure that includes analyst estimates and reported results, is just...

Despite the steady rise of popularity in video game culture, retailer GameStop Corp. (NYSE: GME) appears to be on its last life. The Analysts Jefferies analyst Stephanie Wissink maintained a Buy rating on GameStop with an $18 price target.   Credit Suisse analyst Seth Sigman...

The rise of battle royale and online gaming are significant catalysts for companies like Turtle Beach Corp. (NASDAQ: HEAR), which supplies gaming headphones and accessories. The Analyst D.A. Davidson analyst Tom Forte reiterated a Buy rating on Turtle Beach with a $30 price target. The...

Shares of Gaming Partners International Corp. (NASDAQ: GPIC), a supplier of gaming table equipment to casinos worldwide, rose 70 percent after the company agreed to sell itself to Angel Holdings, a supplier of casino playing cards and table game equipment. What Happened As part of a merger...

In contrast to its poor stock price action of late, Jefferies expects imminent sales momentum and growth from Funko Inc. (NASDAQ: FNKO) in the fourth quarter and 2019.  The Analyst Jefferies analyst Stephanie Wissink reiterated a Buy rating on Funko with a $23 price target. The...

Chipmaker Nvidia Corporation (NASDAQ: NVDA) reported Thursday its third-quarter results in which revenue fell short of expectations and management's guidance for the fourth quarter also missed. Here is a summary of how some of the Street's top analysts reacted to the print and the stock...

Turtle Beach Corp. (NASDAQ: HEAR) conservatively raised its fourth-quarter guidance Tuesday for a projection of 18-percent year-over-year revenue growth. The Analysts D.A. Davidson analyst Tom Forte reiterated a Buy rating on Turtle Beach and lowered the price target from $38 to $30. Lake...

Casino stocks traded notably higher Thursday in reaction to encouraging data from Macau, considered to be the gaming capital of the world. What Happened Casinos operating in the Chinese hub of Macau recorded their best monthly revenue in four years, Reuters reported. As a whole, revenue for the...

Gaming operator Caesars Entertainment Corporation (NASDAQ: CZR) boasts multiple upside catalysts that imply the stock is undervalued, according to Morgan Stanley. The Analyst Morgan Stanley's Thomas Allen initiated coverage of Caesars Entertainment with an Overweight rating and $...

In the world of gaming, Activision Blizzard, Inc. (NASDAQ: ATVI)’s "Call of Duty" franchise has attracted over 100 million players since 2017. Eighteen games have been released in the series since its inaugural shooter release in 2003; "Call of Duty" had ...

Turtle Beach Corp. (NASDAQ: HEAR) has seen substantial market growth and market share gains, while improved operations have bolstered earnings, according to Wedbush.  The Analyst Analyst Michael Pachter reiterated an Outperform rating on Turtle Beach with a $42 price target. The Thesis...