Playtika Holding Corp. (NASDAQ:PLTK) is one of the 10 Cheapest Penny Stocks to Buy Now.
On September 17, 2025, Playtika Holding Corp. (NASDAQ:PLTK) reached its new 52-week low of $3.51, continuing on its downward trajectory.
This follows the weaker-than-expected second-quarter results and price target cut by UBS earlier in the month. UBS reduced its price target on Playtika Holding Corp. (NASDAQ:PLTK) from $5.50 to $4.00, maintaining a ‘Neutral’ rating. The investment firm cited slower growth in key social casino titles like Slotomania and a reduced 2025 revenue outlook of roughly 3.5% below prior guidance.
Despite these challenges, UBS noted Playtika Holding Corp. (NASDAQ:PLTK) remains focused on its EBITDA targets while shifting more sales to direct-to-consumer channels, expected to reach 40% in the long term, up from 25% today.
Playtika Holding Corp. (NASDAQ:PLTK) is engaged in the development and distribution of mobile games globally. It is one of the 10 Cheapest Penny Stocks to Buy Now.
While we acknowledge the potential of PLTK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Stocks That Will Benefit From AI and 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.
Disclosure: None.