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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
Tech Stocks SA
27 Feb 15 05:00:04
NetEase Joins Rush To U.S., Zynga Crashes Out Of China http://t.co/P55CT6xEIy $NTES $ZNGA
Miningfinance
27 Feb 15 04:58:51
RT @Sourcingstocks: Thursday’s Notable Options Activity: $DAR, $GLD, $JPM, $XOM, $XOP, $ZNGA http://t.co/jMT1GVlRJP
sherlok
27 Feb 15 04:41:27
RT @RiskReversal: Thursday's Notable Options Activity: $DAR, $GLD, $JPM, $XOM, $XOP, $ZNGA http://t.co/jzYnEltKcI
Sourcingstocks.com
27 Feb 15 04:25:07
Thursday’s Notable Options Activity: $DAR, $GLD, $JPM, $XOM, $XOP, $ZNGA http://t.co/jMT1GVlRJP
Guy Adami
27 Feb 15 04:19:43
RT @RiskReversal: Thursday's Notable Options Activity: $DAR, $GLD, $JPM, $XOM, $XOP, $ZNGA http://t.co/jzYnEltKcI
Dan Nathan
27 Feb 15 04:08:04
Thursday's Notable Options Activity: $DAR, $GLD, $JPM, $XOM, $XOP, $ZNGA http://t.co/jzYnEltKcI
ProTradersNews
27 Feb 15 03:51:06
$ZNGA: Technology Stocks Trader's Buzzers - Zynga (ZNGA), Microsoft ...: http://t.co/kFKUNTkD1q
Streetfield
27 Feb 15 03:30:06
Anti-social. $GRPN down 2% and it, like $FB, has hit a new all-time low. $ZNGA down more than 4% and pennies away from new low. Blech.
Stock Rocket
27 Feb 15 02:47:56
Our Penny Stock Picks Gained Over 342% In 2 weeks! Get Our Next Alerts Early: http://t.co/WWiSMpV7jj $ZNGA $GNW $CALD
وترِ  . . ♪
27 Feb 15 02:37:10
$ZNGA Zynga: An Analysis Of The Business …
ProTradersNews
27 Feb 15 02:11:05
$ZNGA: Short Interest in Zynga Decreases By 2.1% (ZNGA): http://t.co/YfuaipPCFt
نواف مساج
27 Feb 15 01:50:17
$ZNGA Zynga Is Losing Its Zing …
Russell Barbour
27 Feb 15 01:39:39
http://t.co/fmOyM2xelz <--- Amazing subscriber to Super_Trades - check out his profit chart!! $ZNGA $SIRI $S $ONVO $LQMT $KWK $CNET
مليار السبيعي
27 Feb 15 00:07:20
$ZNGA Zynga's Woes Continue … via
ProTradersNews
27 Feb 15 00:06:02
$KING $ZNGA: King Digital Intensifies Its Strategy Games Campaign: http://t.co/YOIr34pHx0
StockNews
27 Feb 15 00:00:14
$ZNGA - King Digital Intensifies Its Strategy Games Campaign http://t.co/I2lee3t3bM
Chris kavvathas
27 Feb 15 00:00:13
$ZNGA - King Digital Intensifies Its Strategy Games Campaign http://t.co/wUVI65uTke
Live Stock News
27 Feb 15 00:00:13
$ZNGA - King Digital Intensifies Its Strategy Games Campaign http://t.co/iPU5GG3D7R
NASDAQ
27 Feb 15 00:00:09
$ZNGA - King Digital Intensifies Its Strategy Games Campaign http://t.co/2DeoVzBZhJ
Stocks News&Markets
27 Feb 15 00:00:08
$ZNGA - King Digital Intensifies Its Strategy Games Campaign http://t.co/uhrKAr4tX2
john smith
27 Feb 15 00:00:07
$ZNGA - King Digital Intensifies Its Strategy Games Campaign http://t.co/57HlG3TELp
Tech Stocks SA
26 Feb 15 23:57:16
King Digital Intensifies Its Strategy Games Campaign http://t.co/vAAL6qC3Pc $GLUU $ZNGA $KING
Long & Short Ideas
26 Feb 15 23:57:15
King Digital Intensifies Its Strategy Games Campaign http://t.co/CuzQjoENdj $GLUU $ZNGA $KING
Seeking Alpha
26 Feb 15 23:57:15
King Digital Intensifies Its Strategy Games Campaign http://t.co/REfIQtHGtM $GLUU $ZNGA $KING
Stock Wire
26 Feb 15 23:56:24
Large Outflow of Money Witnessed in Zynga Inc $ZNGA http://t.co/FtyKGD0Hnx
StockNewsWires
26 Feb 15 23:41:05
$ZNGA: Large Outflow of Money Witnessed in Zynga Inc: http://t.co/LldCkoofjk
US Banking News
26 Feb 15 22:31:02
Short Interest in Zynga Declines By 2.1% $ZNGA http://t.co/bo6O0wt4Vt
Breaking News
26 Feb 15 22:31:02
$ZNGA: Short Interest in Zynga Declines By 2.1% (ZNGA): http://t.co/Omwp4T3BmI
InterCooler
26 Feb 15 22:18:30
Short Interest in Zynga Declines By 2.1% $ZNGA http://t.co/UzM69A5juc
Stock Rocket
26 Feb 15 19:42:18
$HIPPQ Closed up 275% Yesterday, As One Of The Best Penny Stocks of the Day! Big Update: http://t.co/pAeZe2hOS3 $ZNGA $GNW $CALD
The Trading Ninja
26 Feb 15 18:32:54
@bhaus1004 $ZNGA
ف ط
26 Feb 15 18:17:09
$ZNGA Zynga May Gain Positive Momentum This Month: 4 Signals …
Russell Barbour
26 Feb 15 17:37:02
http://t.co/fmOyM2xelz <--- Amazing subscriber to Super_Trades - check out his profit chart!! $ZNGA $SIRI $S $ONVO $LQMT $KWK $CNET
Stockmarketsvane
26 Feb 15 17:30:55
Swing Sell Picks: $AMCC, $DVA, $ZNGA http://t.co/F0D8u1AKFB
Stock Wire
26 Feb 15 17:07:46
Zynga Inc. (ZNGA) is Trading Lower on Unusual Volume for February 26 $ZNGA http://t.co/HjtswBDMYP
Stockaholics
26 Feb 15 15:20:36
$HIPPQ Closed up 275% Yesterday, As One Of The Best Penny Stocks of the Day! Big Update: http://t.co/KKZkbfPf1Q $ZNGA $GNW $CALD
FinBUZZ Just-IN
26 Feb 15 15:18:31
Access curated tweets- high relevancy, less spam- Social Media Stocks http://t.co/0lDjsEei8y $FB $LNKD $TWTR $GRPN $ZNGA
MagicDiligence
26 Feb 15 14:45:08
For Joel Greenblatt, No Magic in $TSLA, $GRPN, or $ZNGA http://t.co/Tf0GQuXZXr
علاقه زوجيةسعيده
26 Feb 15 14:25:12
$ZNGA How Zynga, Facebook and Groupon's Go-To Auditor Rewrites Accounting Rules …
Bion Blitz
26 Feb 15 14:20:58
Market Forecast: $QQQ - up $AAPL - uncertain $FB - uncertain $RY - down $ZNGA - up $TSLA - up
FinBUZZ Just-IN
26 Feb 15 14:03:28
You may be paying much higher spreads for Social Media Stocks http://t.co/xBiy45I3G2 $FB $LNKD $TWTR $GRPN $ZNGA #spreadbetting #cfd
Mr. Bytes Blog
26 Feb 15 13:55:56
Daily Funding Report #games #MMO #maps #realestate #online $Z $NWSA $GOOG $AAPL #android $ZNGA http://t.co/ef7Xmj76lW
PennyStock Zone
26 Feb 15 13:40:55
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HIC SVNT DRACONES
26 Feb 15 12:59:20
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shuvasha
26 Feb 15 12:52:39
RT @CBOE: Option volume leaders @ CBOE: $AAPL $TSLA $TWTR $C $ZNGA $MCD $NFLX $RIG
TopstepTrader
26 Feb 15 12:51:14
"@CBOE: Option volume leaders @ CBOE: $AAPL $TSLA $TWTR $C $ZNGA $MCD $NFLX $RIG"
Quantpost Financial
26 Feb 15 12:50:21
$C News: "Option volume leaders @ CBOE: $AAPL $TSLA $TWTR $C $ZNGA $MCD $NFLX …" https://t.co/xWuGZEB88t Board view: https://t.co/BPNyXcvlNc
Quantpost Cnsmr Good
26 Feb 15 12:50:18
$AAPL $TSLA News: "Option volume leaders @ CBOE: $AAPL $TSLA $TWTR $C $ZNGA …" https://t.co/7dw1IuVzox Board view: https://t.co/ocD3fKBFpF
Quantpost Basic Mats
26 Feb 15 12:50:18
$RIG News: "Option volume leaders @ CBOE: $AAPL $TSLA $TWTR $C $ZNGA $MCD …" https://t.co/xvY8tn6VXj Board view: https://t.co/OjcuD7lQsc
Quantpost Service
26 Feb 15 12:50:18
$MCD $NFLX News: "Option volume leaders @ CBOE: $AAPL $TSLA $TWTR $C $ZNGA …" https://t.co/uSrUX1x5q8 Board view: https://t.co/q1AyTx7g7b
				
				
  +Follow August 22, 2013 8:48AM
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