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Zynga Struggles as Rival King.com Scores Big Hit

  +Follow August 22, 2013 8:48AM
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Online social gaming company, Zynga Inc. (ZNGA), may be on their last life. Without a hit game in recent years the company is falling far behind its competitors like King.com, makers of the latest gaming craze Candy Crush. With the rising popularity of King.com, Zynga is feeling the pressure to produce another hit game.

In mid-August Zynga company experienced a shake up after the resignation of chief operating officer David Ko. New CEO Don Mattrick also wrote in a memo to employees that Chief Technology Officer Cadir Lee and Chief People Officer Colleen McCreary are also leaving the company. Mattrick had found success running Microsoft’s division responsible for the Xbox video game console before being named CEO of Zynga on July 1.

Although the company has potential in the future with the growth of mobile application games, analysts still fear that Zynga faces a massive concentration risk. Janney Capital Market analysts have set the price target for the company’s share at $2.50. 

Zynga is the world’s largest developer of social games and made a name for itself with hit games such as Zynga Poker, Farmville, and Words with Friends. Despite the success of these games, the former gaming powerhouse failed to make an appearance on the current 10 top grossing games list on iTunes.

The Current 10 Top Grossing iPhone Games:

10. Megapolis by Social Quantum

In Megapolis players have the ability to create their own cities and build airports, hotels, railway stations, and more.

9. Kingdoms of Camelot: Battle for the North by Kabam

Another city building game that is set in the time of King Arthur. Players can join thousands of others to build their kingdom in Camelot.

8. Slots – Pharaoh’s Way by CERVO MEDIA GMBH

An easy to play casino slots game that is enjoyable for all ages.

7. Big Fish Casino – Free Slots by Big Fish Games, Inc

A free casino game app that allows users to play favorites such as Slots, Blackjack, Roulette, and Texas Hold’em.

6. The Simpson: Tapped Out by Electronic Arts (EA)

This city building game is based in Springfield, the home of the Simpsons. There are missions in the game that require you to help the Simpson family.

5. The Hobbit: Kingdoms of Middle-Earth by Kabam

Based off of J.R.R. Tolkien’s The Hobbit, this game allows players to build their own empires and interact with familiar characters such as Gandolf, Biblo, and Thorin.

4. Minecraft – Pocket Edition by Mojang

In Minecraft users have the ability to create their own worlds by placing blocks. There are endless possibilities and players can choose their own adventure.

3. Hay Day by Supercell

Hay Day allows players to manage their very own virtual farm. Users can make food with ingredients they produced and engage in trade with friends.

2. Clash of Clans by Supercell

A strategy combat game where users can build their own village, train an army, then battle with friends online.

1. Candy Crush Saga by King.com Limited

An addictive puzzle adventure game where players switch and match candy pieces to unlock over 300 levels

(image courtesy of Flickr)

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


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Results for ZNGA
Patrick
30 Sep 14 14:00:04
#SENTISHIFTDOWN $DDD $ISNS $ARWR $ZNGA $ECYT $ETF $M $XLF $UUP $NWBO #quantheta
BUZZ Just-In
30 Sep 14 13:53:53
Why access a ticker when you could acesss a group of tickers- Social Media Stocks http://t.co/0lDjsEvT06 $TWTR $LNKD $FB $GRPN $ZNGA
Craig Adeyanju
30 Sep 14 13:37:10
RT @Benzinga: 3 #Virtual #Currencies That Are Positioned For Success $AAPL $ZNGA http://t.co/dISDRPqng9 @CraigAdeys
Tech Industry Feed
30 Sep 14 12:54:50
$TAPM News - Online & Mobile Gaming Bus... $gigm $atvi $znga $king $msft #TechIndustry http://t.co/jpGSPenX1E http://t.co/7xSYBkwlew
EDP Services Sector
30 Sep 14 12:54:40
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Harry Walkman
30 Sep 14 12:01:09
$ZNGA Why Zynga (ZNGA) Stock Is Up Today http://t.co/sqbFeNaCcg
Patrick
30 Sep 14 12:00:05
#SENTISHIFTDOWN $DDD $ISNS $ZNGA $ECYT $ARWR $JNK $ETF $M $UUP $XLF #quantheta
Shadow Poet
30 Sep 14 11:26:54
RT @Firedonmattrick: $ZNGA Time to start uninstalling all this zynga crap. If they don't care about the company why should we ?
Angry Investor
30 Sep 14 11:20:55
$ZNGA Time to start uninstalling all this zynga crap. If they don't care about the company why should we ?
Wu Weed
30 Sep 14 11:18:14
$znga @ $2.70
Wells
30 Sep 14 10:18:49
@zynga you guys should buy some shares to build investor confidence. New games are awesome right? I am betting they are. $ZNGA
Techinsidr
30 Sep 14 10:07:05
$GPRO will probably hit $100, but let's not forget that $ZNGA used to trade at $13/share
Haki Hika
30 Sep 14 09:24:18
Is Mobile Gaming the new Rare Earth? (Or at least was it?) $REE $MCP $KING $GLUU $ZNGA, etc.
BUZZ Just-In
30 Sep 14 09:23:37
Track curated news and tweets for multiple tickers- Social Media Stocks http://t.co/ajElRTb2Qc $TWTR $LNKD $FB $GRPN $ZNGA
Stock Wire
30 Sep 14 08:42:41
Zynga Inc Short Interest Up In September $ZNGA http://t.co/i3u4XOwOUx
EDP Services Sector
30 Sep 14 08:30:00
Zynga Inc Short Interest Up In September $znga http://t.co/oPoD54BhhH http://t.co/UHIYdPRyuL
Tech Industry Feed
30 Sep 14 08:30:00
Zynga Inc Short Interest Up In September $znga #TechIndustry http://t.co/78rvxGezws http://t.co/0ZrnZGoyKs
Craig Bujnowski
30 Sep 14 07:51:54
In-app purchase of digital products is the model that has grown fastest in the Windows Phone store $MSFT $ZNGA $GLUU http://t.co/sJzUah6sQm
Stockaholics
30 Sep 14 07:51:20
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $ZNGA $GNW $CALD
Trader News Daily
30 Sep 14 07:41:14
http://t.co/PeRPkYu8Uk premium membership ranked #1 for gains. 483% last week. Related: $BBRY $VIMC $ANR $ONNN $ZNGA $CLF $PLUG $JBLU
Michael
30 Sep 14 07:28:36
$ZNGA Is the Next Game going to Be the Catalyst New Game Release in US Being the Largest Market http://t.co/EjgVgufFRQ Boom Chicka Boom
Pollux Technical
30 Sep 14 07:22:43
#socialmedia stocks are dead in the water til further notice $FB $YELP $ZNGA $BABA . However, I like $GRPN.
Michael
30 Sep 14 07:18:56
$ZNGA is a Zacks Rank #3 (Hold), while KING is a Zacks Rank #5 (Strong Sell) Bullish Sept 26th
BlockTradeAlert
30 Sep 14 07:11:50
BLOCK TRADE (Microcap): $ZNGA 250,000 shares @ $2.75 [10:11:50]
Urbane_Gorilla
30 Sep 14 07:06:10
Online & Mobile Gaming Business Plans Lead to Robust Growth in Mobile Gaming Apps : http://t.co/ze5XwqgGSr $GIGM $ZNGA $ATVI
Wells
30 Sep 14 06:57:53
$ZNGA you're killing me. Shorts thinking this isn't going to be the best game maker in the space. New game previews look nice.
Pollux Technical
30 Sep 14 06:56:57
The $AMZN and #venturecapitalist model of growth at expense of profits til future, is over, imo. $SCTY $YELP $ZNGA
Proprietary Trading
30 Sep 14 06:52:58
#Stocks #Trading #Watchlist for Tuesday, September 30, 2014 http://t.co/Za5ePfjqY4 - $MCD $ZNGA $HIMX http://t.co/dQWmtPuFtg
Wells
30 Sep 14 06:45:59
$ZNGA I prefer this one over $GIGM due to liquidity. Be careful trading $GIGM . cheap IMO, but might get stuck for a bit for best price.
Wells
30 Sep 14 06:44:44
$GIGM or $ZNGA . $GIGM looks kinda nice here saying they are releasing several games of their own in the next 4 months.
Tooliers
30 Sep 14 05:41:25
RT @FonsieTrader: $ZNGA $ATVI $KING $MSFT Online & Mobile Gaming Business Plans Lead to Robust Growth in Mobile Gaming Apps http://t.co/uN…
FonsieTrader
30 Sep 14 05:41:24
$ZNGA $ATVI $KING $MSFT Online & Mobile Gaming Business Plans Lead to Robust Growth in Mobile Gaming Apps http://t.co/uNrQuWtPjs
Wells
30 Sep 14 05:27:06
$znga attracting new buyers here. Really wish Don Mattrick would purchase some shares here.
Stockwiz
30 Sep 14 04:47:02
$ZNGA Looking strong for a return to its highs!
Speculative Trader
30 Sep 14 04:37:25
RT @StockBoardAsset: This week I continue to watch $TAPM theme: Mobile gaming & $BFDI theme: Body worn cameras. $DGLY $ZNGA $KING $GPRO htt…
liquid penny
30 Sep 14 04:36:48
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Viral Pennies
30 Sep 14 04:36:08
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pennystock seeker
30 Sep 14 04:35:36
RT @StockBoardAsset: This week I continue to watch $TAPM theme: Mobile gaming & $BFDI theme: Body worn cameras. $DGLY $ZNGA $KING $GPRO htt…
Tomorrows Bluechips
30 Sep 14 04:35:03
RT @StockBoardAsset: This week I continue to watch $TAPM theme: Mobile gaming & $BFDI theme: Body worn cameras. $DGLY $ZNGA $KING $GPRO htt…
Benzinga.com
30 Sep 14 04:15:05
3 #Virtual #Currencies That Are Positioned For Success $AAPL $ZNGA http://t.co/dISDRPqng9 @CraigAdeys
*Watchlist&Rationale
30 Sep 14 04:15:03
RT @WeeklyReversal: Oct reversals $VJET $FRO $DSS $PVCT $ZNGA $CYTR $YOD $CVM $SGYP $MEET $XGTI $YUME $FCEL $PLUG ZHNE $STEM $RVLT $SYN $WA…
*Watchlist Only*
30 Sep 14 04:12:24
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BUZZ Just-In
30 Sep 14 01:53:12
Track curated news and tweets for multiple tickers- Social Media Stocks http://t.co/ajElRTb2Qc $TWTR $LNKD $FB $GRPN $ZNGA
Sleek Money
30 Sep 14 01:45:20
Zynga Sees Significant Increase in Short Interest $ZNGA http://t.co/G5FbXxRnyh
BUZZ Just-In
30 Sep 14 00:23:07
Monitor your watchlist of assets for tweets- Social Media Stocks http://t.co/ajElRTb2Qc $TWTR $LNKD $FB $GRPN $ZNGA
Stockaholics
29 Sep 14 23:51:15
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $ZNGA $GNW $CALD
LeprechaunAlert
29 Sep 14 22:42:01
$SONS $CYTR $SNTA $SVA $NEWL $GALE $SQNM $PSDV $OREX $SCOK $NETE $HERO $ECEL $FREE $GEVO $CNET $BAXS $END $ZNGA
Stock Wire
29 Sep 14 22:06:34
Potential Investment Options: Zynga Inc(NASDAQ:ZNGA), Advanced Micro ... $ZNGA http://t.co/3ft2dXXUjb
BUZZ Just-In
29 Sep 14 22:00:08
You could be paying 5x higher spreads for Social Media Stocks http://t.co/uhCJC31x41 $TWTR $LNKD $FB $GRPN $ZNGA #spreadbetting #cfd
Proprietary Trading
29 Sep 14 20:33:39
$ZNGA - May see a short term support bounce off $2.70s level. http://t.co/EtXtXfKSWz
				
				
  +Follow August 22, 2013 8:48AM
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