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

Published on 10/20/2026 at 22:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Playtika posted USD 731.10 million revenue for the second quarter. Playtika stock costs EUR 1.85 on October 20, 2026 at 10:10 p.m. CEST.

Analyst target and reporting date

Citi cut its Playtika target from USD 4.00 to USD 3.50 on October 14, 2026.
Second-quarter revenue reached USD 731.10 million and net income was USD 48.00 million.
Playtika stock costs EUR 1.85 at Lang & Schwarz on October 20, 2026 at 10:10 p.m. CEST.
Third-quarter results are scheduled for November 5, 2026, before U.S. markets open.

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Playtika stock faces a USD 3.50 Citi target, cut from USD 4.00 on October 14, 2026, according to Markets Insider. Playtika reported USD 731.10 million in revenue and USD 48.00 million in net income for the second quarter of 2026, according to Benzinga. At Lang & Schwarz, the stock stood at EUR 1.85 on October 20, 2026 at 10:10 p.m. CEST.

Margin improved in the second quarter

The earnings-call figures point to a sharper profitability profile than in the first quarter. Playtika delivered adjusted EBITDA of USD 206.10 million, equal to a 28.20 percent adjusted EBITDA margin, versus 16.80 percent in the first quarter. Operating profit was USD 134.60 million in the second quarter, while first-quarter operating profit was a loss of USD 49.60 million.

Nasdaq price stays near the yearly low

On the Nasdaq, Playtika last traded at USD 2.08 at 4:00 p.m. ET on October 20, 2026, up 0.48 percent from the USD 2.07 prior close. The 52-week range was USD 2.04 to USD 4.42, putting the latest Nasdaq price 1.96 percent above the low and 52.94 percent below the high. Volume reached 763,791 shares.

Target and November date set the frame

Citi's USD 3.50 target is 68.27 percent above the USD 2.08 Nasdaq price on October 20, 2026. That gap is calculated in the home-market currency and does not change the euro quotation used in this report.

Playtika will publish third-quarter 2026 results before U.S. markets open on November 5, 2026, and management will hold its earnings call at 8:30 a.m. ET that day, as GlobeNewswire reported on October 16, 2026.

Playtika valuation and next report

Playtika had a market capitalization of USD 793.30 million and a negative price-to-earnings ratio of 2.85 on October 20, 2026. The company operates in electronic gaming and multimedia, with mobile and social games as its core business. The November report will show whether the second-quarter margin improvement is carrying into the second half.

Price and target distance

The euro quotation was EUR 1.85 at Lang & Schwarz on October 20, 2026 at 10:10 p.m. CEST. On the Nasdaq, the latest price was USD 2.08 on the same date at 4:00 p.m. ET, while Citi's target stood at USD 3.50.

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