Playboy, Inc. Completes Corporate Name Change From PLBY Group, Inc.
ByAinvest
Thursday, Jun 26, 2025 11:58 am ET1min read
PLBY--
The name change was approved by the company's stockholders at its 2025 annual meeting. The decision reflects the company's dedication to its core Playboy brand and its significance in the company's operations moving forward [2].
Wall Street analysts have provided mixed forecasts for PLBY Group Inc. The average target price for the stock is $2.10, with a high estimate of $3.00 and a low estimate of $1.20. This implies an average upside of 36.36% from the current price of $1.54. The consensus brokerage recommendation is "Outperform," indicating strong analyst support [1].
The company has reported a significant 175% year-over-year increase in licensing revenue, driven by the Byborg deal. It has also achieved its first positive EBITDA quarter since 2023, indicating improved financial performance. However, the impact of Chinese tariffs remains uncertain, with potential costs estimated at around $1 million for the latter half of the year [1].
Playboy, Inc. is focusing on growth opportunities that may not fully materialize until 2026 and beyond, indicating a longer-term horizon for significant revenue increases. The company is exploring new growth opportunities in gaming and hospitality, with potential licensing deals expected to materialize in the latter half of the year [1].
References:
[1] https://www.gurufocus.com/news/2945157/playboy-inc-completes-corporate-name-change-from-plby-plby-stock-news
[2] https://www.nasdaq.com/articles/playboy-inc-completes-corporate-name-change-plby-group-inc
Playboy, Inc. has officially changed its corporate name from PLBY Group, Inc. to Playboy, Inc., aligning with its iconic brand. The stock will continue to trade on Nasdaq under the ticker symbol "PLBY." The company focuses on the Playboy brand for future business endeavors, with a stable portfolio of high-margin licensing deals and exploring growth opportunities in gaming and hospitality.
Playboy, Inc. has officially changed its corporate name from PLBY Group, Inc. to Playboy, Inc., aligning with its iconic brand. The stock will continue to trade on Nasdaq under the ticker symbol "PLBY." The company focuses on the Playboy brand for future business endeavors, with a stable portfolio of high-margin licensing deals and exploring growth opportunities in gaming and hospitality [1].The name change was approved by the company's stockholders at its 2025 annual meeting. The decision reflects the company's dedication to its core Playboy brand and its significance in the company's operations moving forward [2].
Wall Street analysts have provided mixed forecasts for PLBY Group Inc. The average target price for the stock is $2.10, with a high estimate of $3.00 and a low estimate of $1.20. This implies an average upside of 36.36% from the current price of $1.54. The consensus brokerage recommendation is "Outperform," indicating strong analyst support [1].
The company has reported a significant 175% year-over-year increase in licensing revenue, driven by the Byborg deal. It has also achieved its first positive EBITDA quarter since 2023, indicating improved financial performance. However, the impact of Chinese tariffs remains uncertain, with potential costs estimated at around $1 million for the latter half of the year [1].
Playboy, Inc. is focusing on growth opportunities that may not fully materialize until 2026 and beyond, indicating a longer-term horizon for significant revenue increases. The company is exploring new growth opportunities in gaming and hospitality, with potential licensing deals expected to materialize in the latter half of the year [1].
References:
[1] https://www.gurufocus.com/news/2945157/playboy-inc-completes-corporate-name-change-from-plby-plby-stock-news
[2] https://www.nasdaq.com/articles/playboy-inc-completes-corporate-name-change-plby-group-inc
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet