10:08 AM EDT, 08/04/2025 (MT Newswires) -- Playtika's ( PLTK ) core games and recent acquisitions should drive the company's revenue and profit growth for the next several years, Wedbush said in a note to clients Monday.

Wedbush said Playtika ( PLTK ) is "well-positioned" to benefit from a federal court's decision reiterating that Apple ( AAPL ) and Alphabet's Google ( GOOG ) must allow competition from mobile web stores on their respective operating platforms, given Playtika's ( PLTK ) web store operations.

With Playtika's ( PLTK ) Q2 earnings scheduled for release Aug. 7, Wedbush said it expects Q2 revenue of $710 millon and adjusted earnings before interest, taxes, depreciation and amortization of $186 million, compared with consensus estimates of $702 million and $182 million.

Wedbush added that Playtika's ( PLTK ) Q2 topline performance is expected to benefit from user acquisition investments into game titles like Domino Dreams.

The firm reiterated its outperform rating with a share price target of $11.50.

Price: 4.39, Change: +0.12, Percent Change: +2.69