
PlayAGS (AGS) Stock Forecast & Price Target
PlayAGS (AGS) Analyst Ratings
Bulls say
PlayAGS Inc. is positioned for potential growth, driven by increased capital expenditures from casino operators, leading to a rise in customer engagement and material recurring revenue. The company has experienced strong operating performance, attributed to its strategic transformation initiated in 2019, with positive momentum continuing into Q4. Furthermore, the operational success of its Interactive segment, alongside advancements in its Spectra cabinet technology, suggests favorable prospects for both revenue and margin enhancements.
Bears say
PlayAGS Inc faces significant risks due to general macroeconomic conditions that may lead to restrained operator budgets and potentially unsustainable market share gains. The company's valuation is assessed at the lower end of the historical forward EBITDA multiple range, reflecting concerns about its heavy reliance on the North American gaming market and the need for ongoing operational adjustments. Additionally, the recent decline in the stock price following the Q3 report suggests that investor expectations may have been overly optimistic, contributing to the negative sentiment surrounding the stock.
This aggregate rating is based on analysts' research of PlayAGS and is not a guaranteed prediction by Public.com or investment advice.
PlayAGS (AGS) Analyst Forecast & Price Prediction
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