Added to YB: 2026-08-13
Pitch date: 2026-08-11
PLTK [neutral]
Playtika Holding Corp.
-11.75%
current return
Author Info
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Company Info
Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.
Market Cap
$1.0B
Pitch Price
$2.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.64
P/E
-3.58
EV/Sales
1.09
Sector
Entertainment
Category
special_situation
$PLTK: the studio Tencent reportedly wants is also the bill Playtika owes
PLTK (overview): Mobile-games operator fell ~24% to $2.80, near 52wk low. Special situation: board formed committee April 6, exploring whole-co sale; Tencent reportedly in talks for SuperPlay studio at $1-1.5B, which would offload $829M earnout ($350M already paid). Net debt $1.9B, EV ~$3B, 2.6x lev. Q2 rev $731M (+5%), EBITDA $206M (28.2% margin), but H1 net loss $9.5M, FCF collapsed to $15M. Risks: shrinking DAU (8M vs 8.8M), margins from marketing cuts, deal unconfirmed press only, 58.7% controlled vote.
Read full article (3 min)