ZNGA Zynga Inc. NASDAQ down 2.04% after hours 23 Jan 2026: key levels
ZNGA stock slipped 2.04% in after-hours trading on 23 Jan 2026, settling at $8.18 on the NASDAQ. The move came on unusually heavy volume of 227,573,837 shares versus an average of 29,352,823, putting Zynga Inc. (ZNGA) among the most active names after hours. Market action followed mixed sentiment about mobile gaming demand and valuation signals from recent metrics. Meyka AI data flags short-term liquidity and a tight technical range that traders should watch.
ZNGA stock price action and volume
ZNGA stock traded between $8.14 and $8.43 during the day, and opened at $8.37. The 227,573,837 share after-hours trade drove a relative volume of 7.75, far above the normal turnover. High volume with a small intraday range suggests active repositioning by traders, not a broad sell-off.
Earnings, financials and valuation
Zynga Inc. (ZNGA) shows a trailing EPS of -0.08 and a TTM price-to-earnings ratio of -98.55, reflecting losses on a per-share basis. The company reports a book value per share of $3.06 and a price-to-book ratio of 2.67. Enterprise value is about $510,300,000.00, while gross margin sits near 63.76%. These numbers point to a cash-generative gaming business with mixed profitability and negative net income margins.
Technical levels, momentum and targets
Key support sits near the 50-day average of $8.69 and the 200-day average of $8.03. The day low was $8.14 and the year low remains $5.57. For traders, a near-term resistance breakout above $8.75 could renew upside toward a conservative target of $10.00. A downside test below $7.00 would risk a move to a bear target of $6.00.
Meyka AI rates ZNGA with a score out of 100
Meyka AI rates ZNGA with a score out of 100: 62.73 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade reflects solid cash metrics but mixed profitability. This is informational and not investment advice.
Meyka AI’s forecast model projects near-term price paths
Meyka AI’s forecast model projects a monthly price of $8.04 and a yearly price of $2.13. Compared with the current price of $8.18, the monthly projection implies -1.71% downside, while the yearly projection implies -73.90% downside. Forecasts are model-based projections and not guarantees. Traders should weigh these model outputs alongside fundamentals and sector trends.
Risks, sector context and trading takeaway
Zynga operates in the Technology sector and the Electronic Gaming & Multimedia industry where user engagement and ad monetization drive revenue. Risks include shifting mobile ad rates, integration with parent company strategies, and thin profit margins. On the positive side, Zynga shows strong gross margins and operating cash flow per share of $0.25, supporting reinvestment and product live-ops. For most-active traders, liquidity is an opportunity, but volatility can widen after hours.
Final Thoughts
ZNGA stock closed after hours at $8.18 on NASDAQ on 23 Jan 2026, with outsized volume signaling heavy trader interest. Fundamentals show strong gross margins at 63.76%, positive operating cash flow per share of $0.25, and a price-to-book of 2.67, but trailing EPS is negative at -0.08 and the TTM P/E is -98.55. Meyka AI’s forecast model projects a monthly level of $8.04 (implied -1.71%) and a yearly level of $2.13 (implied -73.90%). Meyka AI’s grade of 62.73 (B, HOLD) captures the split picture: solid cash metrics with earnings pressure. Short-term traders should monitor $8.75 as resistance and $8.03 as the key 200-day pivot. Longer-term investors should watch integration with Take-Two, ad-monetization trends, and quarterly revenue growth before changing position sizes. Forecasts are model projections, not guarantees, and readers should combine these signals with their own research and risk tolerance.
FAQs
What drove the after-hours move in ZNGA stock today?
ZNGA stock moved after hours largely on heavy volume of 227,573,837 shares. Traders cite valuation signals, mobile ad trends, and short-term technical rotation around the 50- and 200-day averages.
What is Meyka AI’s grade for ZNGA stock and what it means?
Meyka AI rates ZNGA 62.73 out of 100 with a B grade and a HOLD suggestion. The grade balances sector comparison, growth, metrics, and forecasts. It is informational, not investment advice.
What price targets should traders watch for ZNGA stock?
Key technical levels: resistance near $8.75 and support at $8.03. A conservative upside target is $10.00 and a bear target is $6.00, based on recent volatility and sector peers.
How does Meyka AI’s forecast compare to the current ZNGA stock price?
Meyka AI’s forecast model projects $8.04 monthly and $2.13 yearly. Versus the current price of $8.18, that implies -1.71% monthly and -73.90% yearly downside. Forecasts are projections, not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
