Analysts have increased their price target for PlaySide Studios from $0.46 to $0.52 per share, citing expectations of stronger revenue growth and improving profit margins.
What's in the News
- PlaySide Studios Limited has been removed from both the S&P/ASX Emerging Companies Index and the S&P/ASX All Ordinaries Index (Key Developments).
- The company completed a follow-on equity offering and raised AUD 1.825 million by issuing 9,125,000 ordinary shares at AUD 0.20 per share (Key Developments).
- PlaySide Studios raised an additional AUD 6.6 million through a subsequent direct listing and offering of over 32 million ordinary shares (Key Developments).
- A follow-on equity offering filing was made for a further AUD 3 million, to be raised by issuing 15 million ordinary shares at AUD 0.20 each (Key Developments).
- For fiscal year 2026, the company expects revenue to exceed FY25 levels along with a reduction in operating costs, with the launch of MOUSE: P.I. for Hire highlighted as a key revenue event (Key Developments).
Valuation Changes
- Fair Value Estimate increased from A$0.46 to A$0.52 per share, reflecting a moderate upward revision.
- Discount Rate decreased slightly from 8.46% to 8.37%, indicating marginally lower risk assumptions in projections.
- Revenue Growth forecast rose from 14.37% to 15.25%, reflecting a more optimistic outlook for future sales.
- Net Profit Margin expectation improved from 12.18% to 12.81%, signalling anticipated efficiency gains and improved profitability.
- Future Price-to-Earnings (P/E) Ratio declined from 29.53x to 28.14x, suggesting better value relative to forward earnings estimates.
Have other thoughts on PlaySide Studios?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.