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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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
GRVY	GRAVITY CO LTD	Republic Of Korea	$462.87M	6,948,900	9.90%	0.00%
NTES	NETEASE INC	China	$61.64B	3,210,783,141	2.22%	0.00%
DDI	DOUBLEDOWN INTERACTIVE CO LTD	Republic Of Korea	$551.03M	2,477,672	100.00%	0.00%
NCTY	THE9 LTD	China	$29.17M	1,405,226,227	0.00%	0.00%
EA	ELECTRONIC ARTS INC	United States	$34.19B	267,350,461	90.10%	1.71%	Net Selling	Net Selling
PLTK	PLAYTIKA HOLDING CORP	Israel	$2.65B	370,648,791	5.56%	94.44%	Net Selling	Net Selling
RBLX	ROBLOX CORP	United States	$22.75B	631,638,225	66.16%	21.91%	Net Selling	Net Selling
GMGI	GOLDEN MATRIX GROUP INC	United States	$138.41M	36,615,932	0.98%	99.02%
TTWO	TAKE TWO INTERACTIVE SOFTWARE INC	United States	$24.64B	170,586,411	68.55%	31.45%	Net Selling	Net Selling
GAME	GAMESQUARE HOLDINGS INC	United States	$48.51M	30,316,256	1.90%	49.56%	Net Buying	Net Buying
GDC	GD CULTURE GROUP LTD	China	$5.60M	7,887,411	0.13%	99.87%
BRAG	BRAGG GAMING GROUP INC	Canada	$139.63M	23,003,552	4.06%	0.00%
BILI	BILIBILI INC	China	$5.41B	412,156,826	13.84%	0.00%
MYPS	PLAYSTUDIOS INC	United States	$305.11M	136,208,564	27.59%	42.85%	Net Selling	Net Selling
GXAI	GAXOSAI INC	United States	$5.46M	1,093,672	13.34%	86.66%	Net Buying
GIGM	GIGAMEDIA LTD	Taiwan	$14.91M	11,052,235	1.05%	98.95%
SOHU	SOHUCOM LTD	China	$377.75M	33,048,684	27.84%	72.16%
SKLZ	SKILLZ INC	United States	$130.83M	21,447,660	10.18%	89.82%	Net Buying
BHAT	BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY	China	$17.88M	14,598,583	1.94%	0.00%
MSGM	MOTORSPORT GAMES INC	United States	$8.83M	3,422,728	1.66%	45.24%
SNAL	SNAIL INC	United States	$39.33M	36,756,054	0.20%	99.80%
GDEV	GDEV INC	British Virgin Islands	$440.18M	197,389,502	0.09%	6.84%

Electronic Gaming & Multimedium Stocks FAQ

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

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

1. Gravity Co (NASDAQ:GRVY)

Gravity Co (NASDAQ:GRVY) is the top electronic gaming & multimedium stock with a Zen Score of 68, which is 40 points higher than the electronic gaming & multimedium industry average of 28. It passed 21 out of 33 due diligence checks and has strong fundamentals. Gravity Co has seen its stock return 24.6% over the past year, overperforming other electronic gaming & multimedium stocks by 21 percentage points.

2. Netease (NASDAQ:NTES)

Netease (NASDAQ:NTES) is the second best electronic gaming & multimedium stock with a Zen Score of 57, which is 29 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 return 11.77% over the past year, overperforming other electronic gaming & multimedium stocks by 9 percentage points.

Netease has an average 1 year price target of $128.67, an upside of 34.04% from Netease's current stock price of $95.99.

Netease stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Netease, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Doubledown Interactive Co (NASDAQ:DDI)

Doubledown Interactive Co (NASDAQ:DDI) is the third best electronic gaming & multimedium stock with a Zen Score of 51, which is 23 points higher than the electronic gaming & multimedium industry average of 28. It passed 15 out of 33 due diligence checks and has strong fundamentals. Doubledown Interactive Co has seen its stock return 41.48% over the past year, overperforming other electronic gaming & multimedium stocks by 38 percentage points.

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 2.67%, which is 1 percentage points higher than the electronic gaming & multimedium industry average of 1.63%. Netease's dividend payout is not stable, having dropped more than 10% eleven times in the last 10 years. Netease's dividend has shown consistent growth over the last 10 years.

Netease's dividend payout ratio of 40.5% 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 0.59%, which is -1 percentage points lower than the electronic gaming & multimedium industry average of 1.63%.

Electronic Arts's dividend payout ratio of 19% indicates that its dividend yield is sustainable for the long-term.

Why are electronic gaming & multimedium stocks up?

Electronic gaming & multimedium stocks were up 0.84% in the last day, and up 2.28% over the last week. Bilibili was the among the top gainers in the electronic gaming & multimedia industry, gaining 4.96% yesterday.

Shares of Chinese tech stocks are trading higher following strong earnings from large-cap US tech names.

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 100, which is 72 points higher than the electronic gaming & multimedium industry average of 28. It passed 7 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 41.48% 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 100, which is 72 points higher than the electronic gaming & multimedium industry average of 28. It passed 7 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 24.6% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 21 percentage points.

3. Netease (NASDAQ:NTES)

Netease (NASDAQ:NTES) is the third most undervalued electronic gaming & multimedium stock based on WallStreetZen's Valuation Score. Netease has a valuation score of 57, which is 29 points higher than the electronic gaming & multimedium industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Netease's stock has gained 11.77% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 9 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 28.09% 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 7.19x.

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.