WallStreetZenWallStreetZen

Sectors & IndustriesCommunication ServicesElectronic Gaming & Multimedia
Best Electronic Gaming & Multimedium Stocks to Buy Now (2024)
Top electronic gaming & multimedium stocks in 2024 ranked by overall Zen Score. See the best electronic gaming & multimedium stocks to buy now, according to analyst forecasts for the electronic gaming & multimedia industry.

Industry: Electronic Gaming & Multi...
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
NTES
NETEASE INC
$58.56B$91.17$118.7530.25%Buy46.17%9.36%166.02%108.33%
DDI
DOUBLEDOWN INTERACTIVE CO LTD
$636.76M$12.85$19.3850.78%Strong Buy25.17%-1.34%0.71%0.65%
EA
ELECTRONIC ARTS INC
$37.62B$141.23$151.117.00%Buy95.46%16.58%27.14%15.19%
GRVY
GRAVITY CO LTD
$576.06M$82.90N/AN/AN/AN/AN/AN/AN/AN/A
NCTY
THE9 LTD
$31.58M$7.49N/AN/AN/AN/AN/AN/AN/AN/A
GDEV
GDEV INC
$468.41M$2.37N/AN/AN/AN/A-7.18%-82.61%-9.90%3.08%
GMGI
GOLDEN MATRIX GROUP INC
$99.60M$2.72N/AN/AN/AN/AN/AN/AN/AN/A
MYPS
PLAYSTUDIOS INC
$281.74M$2.09$4.33107.32%Strong Buy34.16%N/A9.35%7.54%
BHAT
BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY
$61.32M$1.05N/AN/AN/AN/AN/AN/AN/AN/A
PLTK
PLAYTIKA HOLDING CORP
$2.93B$7.90$9.0814.97%Hold91.82%10.85%-142.63%8.18%
RBLX
ROBLOX CORP
$22.52B$35.19$41.5618.09%Buy1824.40%N/A-983.23%-11.15%
SNAL
SNAIL INC
$30.14M$0.82N/AN/AN/AN/A61.82%N/A91.33%6.57%
GAME
GAMESQUARE HOLDINGS INC
$30.06M$0.99$5.00405.05%Strong Buy141.00%N/A7.88%2.98%
GXAI
GAXOSAI INC
$3.06M$2.80N/AN/AN/AN/AN/AN/AN/AN/A
TTWO
TAKE TWO INTERACTIVE SOFTWARE INC
$27.37B$159.71$186.9317.05%Strong Buy1517.51%N/A21.93%10.17%
SKLZ
SKILLZ INC
$153.57M$7.16$15.00109.50%Buy13.71%N/A-20.15%-10.72%
BILI
BILIBILI INC
$7.39B$17.79$16.42-7.72%Strong Buy69.04%N/A10.14%4.67%
GDC
GD CULTURE GROUP LTD
$9.05M$1.14N/AN/AN/AN/AN/AN/AN/AN/A
GIGM
GIGAMEDIA LTD
$14.48M$1.31N/AN/AN/AN/AN/AN/AN/AN/A
TRUG
TRUGOLF HOLDINGS INC
$15.51M$1.17N/AN/AN/AN/AN/AN/AN/AN/A
SOHU
SOHUCOM LTD
$444.50M$13.45N/AN/AN/AN/A-1.52%N/AN/AN/A
MSGM
MOTORSPORT GAMES INC
$7.87M$2.30N/AN/AN/AN/AN/AN/AN/AN/A

Electronic Gaming & Multimedium Stocks FAQ

What are the best electronic gaming & multimedium stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best electronic gaming & multimedium stocks to buy right now are:

1. Netease (NASDAQ:NTES)


Netease (NASDAQ:NTES) is the top electronic gaming & multimedium stock with a Zen Score of 56, which is 28 points higher than the electronic gaming & multimedium industry average of 28. It passed 21 out of 38 due diligence checks and has strong fundamentals. Netease has seen its stock lose -1.44% over the past year, underperforming other electronic gaming & multimedium stocks by -3 percentage points.

Netease has an average 1 year price target of $118.75, an upside of 30.25% from Netease's current stock price of $91.17.

Netease stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Netease, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the second best electronic gaming & multimedium stock with a Zen Score of 47, which is 19 points higher than the electronic gaming & multimedium industry average of 28. It passed 14 out of 33 due diligence checks and has strong fundamentals. Doubledown Interactive Co has seen its stock return 40.28% over the past year, overperforming other electronic gaming & multimedium stocks by 38 percentage points.

Doubledown Interactive Co has an average 1 year price target of $19.38, an upside of 50.78% from Doubledown Interactive Co's current stock price of $12.85.

Doubledown Interactive Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Doubledown Interactive Co, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Electronic Arts (NASDAQ:EA)


Electronic Arts (NASDAQ:EA) is the third best electronic gaming & multimedium stock with a Zen Score of 44, which is 16 points higher than the electronic gaming & multimedium industry average of 28. It passed 17 out of 38 due diligence checks and has strong fundamentals. Electronic Arts has seen its stock return 11.49% over the past year, overperforming other electronic gaming & multimedium stocks by 10 percentage points.

Electronic Arts has an average 1 year price target of $151.11, an upside of 7% from Electronic Arts's current stock price of $141.23.

Electronic Arts stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Electronic Arts, 22.22% have issued a Strong Buy rating, 44.44% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the electronic gaming & multimedium stocks with highest dividends?

Out of 2 electronic gaming & multimedium stocks that have issued dividends in the past year, the 2 electronic gaming & multimedium stocks with the highest dividend yields are:

1. Netease (NASDAQ:NTES)


Netease (NASDAQ:NTES) has an annual dividend yield of 2.85%, which is 1 percentage points higher than the electronic gaming & multimedium industry average of 1.69%. Netease's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Netease's dividend has shown consistent growth over the last 10 years.

Netease's dividend payout ratio of 39.3% indicates that its dividend yield is sustainable for the long-term.

2. Electronic Arts (NASDAQ:EA)


Electronic Arts (NASDAQ:EA) has an annual dividend yield of 0.54%, which is -1 percentage points lower than the electronic gaming & multimedium industry average of 1.69%.

Electronic Arts's dividend payout ratio of 16.1% indicates that its dividend yield is sustainable for the long-term.

Why are electronic gaming & multimedium stocks up?

Electronic gaming & multimedium stocks were up 0.45% in the last day, and up 0.61% over the last week.

We couldn't find a catalyst for why electronic gaming & multimedium stocks are up.

What are the most undervalued electronic gaming & multimedium stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued electronic gaming & multimedium stocks right now are:

1. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the most undervalued electronic gaming & multimedium stock based on WallStreetZen's Valuation Score. Doubledown Interactive Co has a valuation score of 71, which is 50 points higher than the electronic gaming & multimedium industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 40.28% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 38 percentage points.

2. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the second most undervalued electronic gaming & multimedium stock based on WallStreetZen's Valuation Score. Gravity Co has a valuation score of 71, which is 50 points higher than the electronic gaming & multimedium industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 18.43% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 16 percentage points.

3. Playstudios (NASDAQ:MYPS)


Playstudios (NASDAQ:MYPS) is the third most undervalued electronic gaming & multimedium stock based on WallStreetZen's Valuation Score. Playstudios has a valuation score of 43, which is 22 points higher than the electronic gaming & multimedium industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Playstudios's stock has dropped -55.34% in the past year. It has underperformed other stocks in the electronic gaming & multimedium industry by -57 percentage points.

Are electronic gaming & multimedium stocks a good buy now?

50% of electronic gaming & multimedium stocks rated by analysts are a strong buy right now. On average, analysts expect electronic gaming & multimedium stocks to rise by 19.21% over the next year.

What is the average p/e ratio of the electronic gaming & multimedia industry?

The average P/E ratio of the electronic gaming & multimedia industry is 7.91x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.