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Best Gaming Stocks to Buy Now (2023)
Top gaming stocks in 2023 ranked by overall Zen Score. See the best gaming 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
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
GRVY
GRAVITY CO LTD
$368.43M$53.02N/AN/AN/AN/AN/AN/AN/AN/A
INSE
INSPIRED ENTERTAINMENT INC
$325.98M$12.42$20.5065.06%Strong Buy42.37%30.25%-75.96%14.17%
EA
ELECTRONIC ARTS INC
$31.82B$116.04$136.2317.40%Buy226.17%19.17%23.64%13.25%
SCPL
SCIPLAY CORP
$2.07B$16.47$16.630.94%Buy86.52%13.83%129.79%18.51%
ATVI
ACTIVISION BLIZZARD INC
$62.49B$79.68$91.7715.17%Strong Buy147.49%13.68%N/AN/A
AVID
AVID TECHNOLOGY INC
$1.28B$29.17$38.0030.27%Buy37.38%15.89%N/AN/A
BILI
BILIBILI INC
$9.59B$24.21$25.123.77%Buy1028.93%N/A-18.98%-6.92%
NGMS
NEOGAMES SA
$485.75M$14.52$17.6721.67%Buy362.18%N/A24.24%7.30%
BRAG
BRAGG GAMING GROUP INC
$81.10M$3.84$8.50121.24%Strong Buy2N/AN/A3.14%2.09%
SE
SEA LTD
$46.88B$83.67$106.7727.61%Strong Buy1322.43%N/A-0.98%-0.33%
RBLX
ROBLOX CORP
$25.46B$42.07$37.50-10.86%Hold2422.73%N/AN/AN/A
MYPS
PLAYSTUDIOS INC
$481.77M$3.64$4.8332.77%Hold412.26%N/A4.82%4.14%
IMTE
INTEGRATED MEDIA TECHNOLOGY LTD
$7.61M$0.48N/AN/AN/AN/AN/AN/AN/AN/A
PLTK
PLAYTIKA HOLDING CORP
$3.96B$10.83$12.6116.45%Hold107.95%24.64%-59.74%12.59%
EGLX
ENTHUSIAST GAMING HOLDINGS INC
$89.11M$0.59$4.00577.97%Buy146.28%N/A-1.56%-1.17%
GIGM
GIGAMEDIA LTD
$15.69M$1.42N/AN/AN/AN/AN/AN/AN/AN/A
TTWO
TAKE TWO INTERACTIVE SOFTWARE INC
$19.82B$117.48$146.4024.62%Strong Buy2622.93%N/A13.33%7.54%
DDI
DOUBLEDOWN INTERACTIVE CO LTD
$390.48M$7.88$18.50134.77%Strong Buy2N/AN/A0.56%0.44%
NCTY
THE9 LTD
$18.71M$0.82N/AN/AN/AN/AN/AN/AN/AN/A
GMGI
GOLDEN MATRIX GROUP INC
$85.56M$2.37$4.0068.78%Strong Buy1N/AN/AN/AN/A
MSGM
MOTORSPORT GAMES INC
$13.39M$7.17$3.50-51.19%Hold3N/AN/A1.11%0.36%
VS
VERSUS SYSTEMS INC
$788.67k$0.57$2.00250.88%Hold1N/AN/A-2.76%-3.12%
SKLZ
SKILLZ INC
$216.88M$0.52$1.0398.64%Sell43.87%N/AN/AN/A
SLGG
SUPER LEAGUE GAMING INC
$18.22M$0.49$2.00312.37%Buy1N/AN/A-120.36%-81.47%
GAME
ENGINE GAMING & MEDIA INC
$21.68M$1.37$5.00264.96%Strong Buy1N/AN/A-60.86%-18.28%
BHAT
BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY
$5.45M$0.72N/AN/AN/AN/AN/AN/AN/AN/A
YVR
LIQUID MEDIA GROUP LTD
$2.61M$0.14N/AN/AN/AN/AN/AN/AN/AN/A

Gaming Stocks FAQ

What are the best gaming stocks to buy right now in Mar 2023?

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

1. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the top gaming stock with a Zen Score of 46, which is 17 points higher than the gaming industry average of 29. It passed 14 out of 33 due diligence checks and has strong fundamentals. Gravity Co has seen its stock return 6.7% over the past year, overperforming other gaming stocks by 28 percentage points.

2. Inspired Entertainment (NASDAQ:INSE)


Inspired Entertainment (NASDAQ:INSE) is the second best gaming stock with a Zen Score of 45, which is 16 points higher than the gaming industry average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. Inspired Entertainment has seen its stock lose -7.11% over the past year, overperforming other gaming stocks by 14 percentage points.

Inspired Entertainment has an average 1 year price target of $20.50, an upside of 65.06% from Inspired Entertainment's current stock price of $12.42.

Inspired Entertainment stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Inspired Entertainment, 75% have issued a Strong Buy rating, 25% 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 gaming stock with a Zen Score of 44, which is 15 points higher than the gaming industry average of 29. It passed 17 out of 38 due diligence checks and has strong fundamentals. Electronic Arts has seen its stock lose -6.9% over the past year, overperforming other gaming stocks by 15 percentage points.

Electronic Arts has an average 1 year price target of $136.23, an upside of 17.4% from Electronic Arts's current stock price of $116.04.

Electronic Arts stock has a consensus Buy recommendation according to Wall Street analysts. Of the 22 analysts covering Electronic Arts, 18.18% have issued a Strong Buy rating, 40.91% have issued a Buy, 40.91% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the gaming stocks with highest dividends?

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

1. Electronic Arts (NASDAQ:EA)


Electronic Arts (NASDAQ:EA) has an annual dividend yield of 0.65%, which is the same as the gaming industry average of 0.62%.

Electronic Arts's dividend payout ratio of 19.9% indicates that its dividend yield is sustainable for the long-term.

2. Activision Blizzard (NASDAQ:ATVI)


Activision Blizzard (NASDAQ:ATVI) has an annual dividend yield of 0.59%, which is the same as the gaming industry average of 0.62%. Activision Blizzard's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Activision Blizzard's dividend has shown consistent growth over the last 10 years.

Activision Blizzard's dividend payout ratio of 24.2% indicates that its dividend yield is sustainable for the long-term.

Why are gaming stocks up?

Gaming stocks were up 2.25% in the last day, and up 0.68% over the last week. Sea was the among the top gainers in the electronic gaming & multimedia industry, gaining 7.74% yesterday.

Sea shares are trading higher amid strength in Asia-Pacific stocks following Wednesday's Fed decision.

What are the most undervalued gaming stocks?

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

1. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the most undervalued gaming stock based on WallStreetZen's Valuation Score. Gravity Co has a valuation score of 86, which is 55 points higher than the gaming industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 6.7% in the past year. It has overperformed other stocks in the gaming industry by 28 percentage points.

2. Inspired Entertainment (NASDAQ:INSE)


Inspired Entertainment (NASDAQ:INSE) is the second most undervalued gaming stock based on WallStreetZen's Valuation Score. Inspired Entertainment has a valuation score of 57, which is 26 points higher than the gaming industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Inspired Entertainment's stock has dropped -7.11% in the past year. It has overperformed other stocks in the gaming industry by 14 percentage points.

3. Integrated Media Technology (NASDAQ:IMTE)


Integrated Media Technology (NASDAQ:IMTE) is the third most undervalued gaming stock based on WallStreetZen's Valuation Score. Integrated Media Technology has a valuation score of 43, which is 12 points higher than the gaming industry average of 31. It passed 3 out of 7 valuation due diligence checks.

Integrated Media Technology's stock has dropped -95.8% in the past year. It has underperformed other stocks in the gaming industry by -74 percentage points.

Are gaming stocks a good buy now?

38.1% of gaming stocks rated by analysts are a strong buy right now. On average, analysts expect gaming stocks to rise by 22.18% 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 2.59x.
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.