Best Mobile Gaming Stocks to Invest in 2025: A Comprehensive Guide for Investors

The Mobile Gaming Market Has Massive Upside Potential

The mobile gaming sector continues to dominate the broader gaming industry landscape. According to Newzoo’s latest market analysis, the global gaming market reached US$177.9 billion in revenue during 2024, with mobile gaming capturing more than half at US$97.6 billion. What’s particularly striking is that mobile gaming achieved 2.8 percent year-over-year growth, outpacing both console and PC segments. This steady expansion was primarily fueled by North America and Europe, where strong new releases and diversified monetization models drove market recovery.

The accessibility of mobile gaming across multiple platforms has made it an attractive investment avenue. Three dominant operating systems—Apple’s iOS, Microsoft’s Windows, and Alphabet’s Android—serve as the primary distribution channels. The numbers tell an interesting story: iOS App Store generated nearly US$3.83 billion from mobile gaming apps in 2024, representing 37 percent of total iOS App Store revenue. However, Android dominates in download volume, accounting for 75 percent of all mobile game downloads globally. For investors seeking exposure to the booming mobile gaming sector, here’s an examination of the top 10 companies by market capitalization as of June 2, 2025.

The Leaders in Mobile Gaming Stocks to Invest In

Roblox: The Platform Giant

Roblox commands a US$60.97 billion market capitalization, making it the largest player among mobile gaming stocks to invest in. The company operates a massively popular free-to-play platform launched on PC in 2006 that has evolved into the go-to destination for younger gamers. Revenue generation flows primarily through Robux, the platform’s virtual currency used for in-app purchases.

The platform’s scale is remarkable: Roblox reported 97.8 million daily active users in Q1 2025, representing 26 percent growth year-over-year. Games like Brookhaven and Blox Fruits have become cultural phenomena among its core demographic. The company’s ability to monetize casual users through cosmetic and premium purchases demonstrates a business model that resonates with both players and investors.

Take-Two Interactive Software: A Diversified Gaming Giant

With a US$40.15 billion market cap, Take-Two Interactive Software ranks second among gaming stocks to invest in. This New York-based holding company operates across multiple platforms, publishing titles for Xbox, PlayStation, Nintendo, PC, and mobile devices. The company’s portfolio includes legendary franchises—Grand Theft Auto, Red Dead Redemption, and Borderlands—that continue generating significant revenue streams.

Take-Two’s mobile gaming operations are primarily handled through Zynga, acquired in 2022 for US$12.7 billion. Zynga’s catalog includes beloved titles like FarmVille and Words with Friends. Recent performance shows strong monetization: Empires & Puzzles: Dragon Dawn generated approximately US$147 million in annual revenue, while CSR 2 Realistic Drag Racing topped download charts. The company also ports classic console titles to mobile, with GTA III, GTA San Andreas, and the Definitive Edition suite finding new audiences on smartphones.

Electronic Arts: The Sports Gaming Powerhouse

Electronic Arts sits at US$36.6 billion in market capitalization. The California-based publisher dominates across multiple genres—sports, action/adventure, role-playing, and family entertainment. Its franchises (The Sims, Madden NFL, FIFA, Battlefield, Plants vs. Zombies) are household names globally.

EA has strategically pivoted toward mobile gaming in recent years. During 2024, the company announced a refocus on fully owned mobile properties rather than licensed content. The company consolidated its mobile and HD teams across EA Sports FC, Madden NFL, and The Sims. In March 2025, EA announced a partnership with Flexion to distribute mobile games across Amazon Appstore, Samsung Galaxy Store, Xiaomi’s GetApps, and ONE Store, significantly expanding its mobile reach.

Tencent Holdings: The Chinese Gaming Colossus

Tencent stands at US$25.78 billion market cap, earning recognition as the world’s largest gaming company by revenue. This Chinese conglomerate has built an empire through strategic acquisitions and investments, most notably owning Riot Games, creator of League of Legends—a multiplayer online battle arena with 117 to 135 million monthly active players.

The League of Legends franchise extends into mobile gaming through Wild Rift, Team Fight Tactics, and Legends of Runeterra. Tencent also developed PUBG Mobile, available on both Android and iOS platforms as a battle royale experience. The company is now concentrating on developing proprietary AAA and console gaming content to compete more effectively with Western publishers.

Unity Software: The Development Infrastructure Leader

Unity Software commands a US$10.91 billion valuation. The San Francisco-based company provides the technological backbone that powers modern game development. Its engine enables creators to build 2D and 3D games, virtual reality, and augmented reality applications with multi-player scaling capabilities.

Notable games built on Unity’s engine include Among Us (the social deduction phenomenon) and Pokémon Go (the AR game developed by Niantic with Nintendo and The Pokémon Company). Despite reporting 4 percent decline in grow revenue and 8 percent decline in create revenue during Q1 2025 year-over-year, Unity exceeded guidance expectations by 5 percent on revenue and 29 percent on adjusted EBITDA, demonstrating underlying business strength.

Playtika: The Mobile Entertainment Specialist

Playtika operates at US$1.79 billion market cap. The Israeli company claims pioneering status as a free-to-play social gaming provider on both social networks and mobile platforms. The company serves over 29 million monthly active users through a diversified game portfolio.

Playtika has grown through 11 strategic acquisitions totaling US$337 million, expanding genre breadth and leveraging its proprietary Boost platform to optimize game operations. The company completed a major acquisition of SuperPlay for US$700 million in late 2024. Q1 2025 results showed momentum with record quarterly revenue exceeding US$700 million, up 8.4 percent year-over-year.

Corsair Gaming: The Hardware-to-Mobile Pivot

Corsair Gaming operates at US$951.33 million market cap. Traditionally known for high-performance PC gaming peripherals (keyboards, mice, controllers, headsets), the company has recently expanded into mobile gaming with its SCUF Nomad—a compact Bluetooth controller designed for competitive iPhone gamers that expands to accommodate devices.

Inspired Entertainment: The Casino Gaming Provider

With US$208.84 million market cap, Inspired Entertainment delivers gaming technology, content, hardware, and services across offline and online platforms, including digital games across 170+ websites. The company released multiple online and mobile slot games in 2024, including Gold Cash Free Spins and Big Piggy Bank. During January 2025, Inspired announced market entry into regulated Brazil with mobile slot offerings.

PLAYSTUDIOS: Loyalty-Driven Mobile Gaming

PLAYSTUDIOS maintains US$186.86 million market capitalization while developing free-to-play mobile games for travel, leisure, and entertainment brands. Its playAWARDS platform lets mobile gamers earn real-world rewards from brand partners—a unique monetization approach. The platform connects 4.2 million players with 737 brand partners, including Royal Caribbean, MGM Grand, and Cirque de Soleil.

The company is expanding experiences with opportunities to win resort stays and tournament entries. PLAYSTUDIOS’ 2025 guidance projects net revenue between US$250 to US$270 million.

MotorSport Games: The Niche Racing Specialist

MotorSport Games trades at US$16.24 million market cap. The Florida-based publisher specializes in motorsport gaming and esports racing competitions. Holding official licenses for FIA World Endurance Championship and Le Mans 24 Hours, the company developed rFactor 2—the official racing simulation platform for Formula E that powers the F1 Arcade venue chain through a Kindred Concepts partnership.

During April 2025, MotorSport announced a US$2.5 million strategic investment led by Pimax Innovation (a VR hardware company), with plans to develop immersive virtual reality racing simulations combining both companies’ strengths.

Investment Considerations for Mobile Gaming Stocks

The range of market capitalizations—from Roblox’s dominance at US$60.97 billion to MotorSport Games’ specialized positioning at US$16.24 million—demonstrates diverse investment opportunities within mobile gaming stocks. Companies span different monetization models (in-app purchases, virtual currency, advertising, loyalty rewards), player bases (casual to hardcore), and geographic exposures. This diversity allows investors to tailor exposure based on risk tolerance and market outlook for the mobile gaming sector’s continued expansion.