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.

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.

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