On average, Wall Street analysts predict that ZYNGA’s share price could reach $10.59 by Mar 15, 2023. The average ZYNGA stock price prediction forecasts a potential upside of 18.06% from the current ZNGA share price of $8.97.
Similarly, What happens to Zynga stock after merger?
Under the terms of the deal, Zynga stockholders will receive $3.50 in cash and $6.36 in stock when the transaction closes, for a total of $9.86 per Zynga share.
Is Zynga a good stock to buy 2022? Target values for the price of one Zynga share for Dec 2022.
The weighted average target price per Zynga share in Dec 2022 is: 9.09. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 4.217% volatility is expected.
Thereof, Does Zynga pay a dividend?
ZYNGA (NASDAQ: ZNGA) does not pay a dividend.
What happened to Zynga?
Zynga closed some of its offices and laid off employees. And Facebook and Zynga ripped up their special relationship, leaving Zynga as just one of many games makers on the social network’s platform. … Zynga made progress on getting into real-money gaming—that is, gambling.
Who is buying Zynga?
In a tie-up of two massive but very different makers of video games, Take-Two Interactive TTWO -0.8% agreed today to buy Zynga ZNGA +0.1% in a cash-and-stock takeover worth $12.7 billion. It’s the biggest acquisition of all time in the video game space.
What company buys Zynga?
Take-Two Interactive just made the biggest acquisition in the history of the video game industry, agreeing on Monday to buy arguably the most well-known name in social gaming, Zynga, for $12.7 billion.
Will Zynga stock become Take-Two stock?
Zynga is on track to be acquired by Take-Two Interactive Software. Take-Two Interactive Software ‘s deal for mobile games firm Zynga was announced nearly two months ago.
How high will two stocks go?
Stock Price Forecast
The 21 analysts offering 12-month price forecasts for Take-Two Interactive Software Inc have a median target of 210.00, with a high estimate of 232.00 and a low estimate of 102.00. The median estimate represents a +36.82% increase from the last price of 153.49.
Is Ttwo stock a buy?
The financial health and growth prospects of TTWO, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
How much would it be to buy Take-Two?
How to buy Take-Two Interactive Software stock – (NASDAQ: TTWO) stock price $148.79 | finder.com.
What company owns Zynga?
Zynga
| Type of site | Public |
|---|---|
| Parent | Take-Two Interactive |
| URL | www.zynga.com |
| Registration | Yes |
| Users | 134 million monthly active users (2020) 36 million daily active users (2020) |
Is Zynga owned by Facebook?
We knew that Zynga had to share virtual goods revenue and spend advertising on Facebook, but this goes beyond a tax.
Who is buying Zynga?
Take-Two Interactive just made the biggest acquisition in the history of the video game industry, agreeing on Monday to buy arguably the most well-known name in social gaming, Zynga, for $12.7 billion.
Who is buying Zynga stock?
Jose Najarro: A popular news article yesterday was, how Take-Two Interactive, a gaming company, purchased Zynga, another gaming company. For those not familiar, Take-Two Interactive, they make games for your typical PC and console base.
Who would buy Zynga?
Take-Two Interactive says it is buying mobile gaming company Zynga for $12.7 billion with a mix of cash and stock, marking the latest blockbuster acquisition in a string of major deals in the video game industry.
Does Microsoft own Zynga?
Yes, even bigger than Microsoft’s buyout of Bethesda. Announced in a press release, the two companies have agreed that Take-Two will acquire all of Zynga’s shares and take ownership of the company. The value of the move is approximately $12.7 billion.
What will Zynga shareholders get?
Zynga shareholders will receive $3.50 in cash and $6.36 in shares of Take-Two common stock for each share of Zynga outstanding stock at closing. The transaction is valued at $9.86 per share of Zynga common stock.
What is Zynga famous for?
The company primarily focuses on mobile and social networking platforms. Zynga states its mission as « connecting the world through games ». Zynga launched its best-known game, FarmVille, on Facebook in June 2009, reaching ten million daily active users (DAU) within six weeks.
How does Zynga make money?
But how does Zynga make money, exactly? Two ways: From the sale of so-called virtual goods, which are used as currency within Zynga’s online games and are items that help the player in the game, and. From advertising, both in and around its games.
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