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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...
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
NTES
NETEASE INC
China
$63.89B3,210,783,1412.22%0.00%
DDI
DOUBLEDOWN INTERACTIVE CO LTD
Republic Of Korea
$615.95M2,477,672100.00%0.00%
GDEV
GDEV INC
British Virgin Islands
$448.65M197,641,4070.09%6.83%
PLTK
PLAYTIKA HOLDING CORP
Israel
$3.24B371,128,1205.56%94.44%Net SellingNet Selling
GRVY
GRAVITY CO LTD
Republic Of Korea
$504.28M6,948,9009.90%0.00%
NCTY
THE9 LTD
China
$30.27M1,405,226,2270.00%0.00%
EA
ELECTRONIC ARTS INC
United States
$33.84B267,350,46190.10%1.71%Net SellingNet Selling
BHAT
BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY
China
$63.01M58,398,2810.48%0.00%
GMGI
GOLDEN MATRIX GROUP INC
United States
$194.06M36,615,9320.98%99.02%Net SellingNet Selling
MYPS
PLAYSTUDIOS INC
United States
$319.49M134,804,07027.88%43.29%Net SellingNet Selling
RBLX
ROBLOX CORP
United States
$19.81B640,000,00065.30%21.57%Net SellingNet Selling
TTWO
TAKE TWO INTERACTIVE SOFTWARE INC
United States
$24.56B170,586,41168.55%31.45%Net SellingNet Selling
GDC
GD CULTURE GROUP LTD
China
$5.84M7,887,4110.13%99.87%
GAME
GAMESQUARE HOLDINGS INC
United States
$42.44M30,316,2561.90%49.56%Net BuyingNet Buying
BILI
BILIBILI INC
China
$6.52B412,156,82613.84%0.00%
GIGM
GIGAMEDIA LTD
Taiwan
$14.98M11,052,2351.05%98.95%
GXAI
GAXOSAI INC
United States
$4.11M1,093,67213.34%86.66%Net Buying
SOHU
SOHUCOM LTD
China
$393.61M33,048,68427.84%72.16%
SKLZ
SKILLZ INC
United States
$126.97M21,447,66010.18%89.82%Net Buying
BRAG
BRAGG GAMING GROUP INC
Canada
$144.43M23,219,7004.02%0.00%
SNAL
SNAIL INC
United States
$34.92M36,756,0540.20%99.80%
MSGM
MOTORSPORT GAMES INC
United States
$8.86M3,422,7281.66%45.24%

Electronic Gaming & Multimedium Stocks FAQ

What are the best electronic gaming & multimedium stocks to buy right now in May 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 57, which is 28 points higher than the electronic gaming & multimedium industry average of 29. It passed 21 out of 38 due diligence checks and has strong fundamentals. Netease has seen its stock return 10.69% 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 29.33% from Netease's current stock price of $99.49.

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.

2. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the second best electronic gaming & multimedium stock with a Zen Score of 50, which is 21 points higher than the electronic gaming & multimedium industry average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. Doubledown Interactive Co has seen its stock return 44.96% over the past year, overperforming other electronic gaming & multimedium stocks by 44 percentage points.

Doubledown Interactive Co has an average 1 year price target of $14.75, an upside of 18.66% from Doubledown Interactive Co's current stock price of $12.43.

Doubledown Interactive Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Doubledown Interactive Co, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Gdev (NASDAQ:GDEV)


Gdev (NASDAQ:GDEV) is the third best electronic gaming & multimedium stock with a Zen Score of 43, which is 14 points higher than the electronic gaming & multimedium industry average of 29. It passed 14 out of 33 due diligence checks and has strong fundamentals. Gdev has seen its stock lose -70.33% over the past year, underperforming other electronic gaming & multimedium stocks by -72 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 2.58%, which is 1 percentage points higher than the electronic gaming & multimedium industry average of 1.59%. 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 0.6%, which is -1 percentage points lower than the electronic gaming & multimedium industry average of 1.59%.

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 down?

Electronic gaming & multimedium stocks were down -0.11% in the last day, and down -2.2% over the last week.

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

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 86, which is 59 points higher than the electronic gaming & multimedium industry average of 27. It passed 6 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 44.96% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 44 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 44 points higher than the electronic gaming & multimedium industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 19.75% in the past year. It has overperformed other stocks in the electronic gaming & multimedium industry by 18 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 30 points higher than the electronic gaming & multimedium industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Netease's stock has gained 10.69% 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?

54.55% of electronic gaming & multimedium stocks rated by analysts are a buy right now. On average, analysts expect electronic gaming & multimedium stocks to rise by 27.12% 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 7.89x.
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