StockNews.com raised Electronic Arts from a “hold” rating to a “buy” rating in a research note on Wednesday, June 22nd. Morgan Stanley reduced their price objective on Electronic Arts from $150.00 to $145.00 and set an “equal weight” rating for the company https://dotbig.com/ in a research note on Monday, June 13th. Atlantic Securities lowered Electronic Arts from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $140.00 to $130.00 in a research note on Thursday, September 15th.
At the time of writing, most Wall Street analysts are upbeat. Indeed, many EA investors may wish to see an acquirer step up, but I don’t think one is needed for the stock to trend higher again; there’s too much negativity baked in. Further, EA seems more resilient than many may give it credit for. Though EA sees itself as fine without being taken over, I think the stock price speaks for itself. As market consolidation continues, pure-play gaming stocks will be fewer and farther between as big tech looks to change the business forever. The Netflix of games has been around for quite a few years. It’s gotten a lot better and could curtail spending on individual titles, just as Netflix weighed heavily on the sale of DVDs back in its glory days.
Electronic Arts Estimates* In Usd
However, it’s clear that EA needs to go beyond sports if it’s to truly thrive. In the realm of first-person shooters, Battlefield faces stiff competition from the likes of Call of Duty and even Microsoft’s Halo. In fact, Halo Infinite, the latest iteration in the series, was to blame for weak sales in Battlefield 2042. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Dynamics for Electronic Arts shares will prevail with possible volatility of 3.253%. Dynamics for Electronic Arts shares will prevail with possible volatility of 3.057%. Dynamics for Electronic Arts shares will prevail with possible volatility of 1.860%.
According to analysts’ consensus price target of $150.64, Electronic Arts has a forecasted upside of 23.6% from its current price of $121.89. At https://torforex.com/economic-calendar-forex/ this juncture, game subscriptions are akin to video streamers many years ago, while game developers are akin to the disrupted media companies.
Finally, Truist Financial reduced their price objective on Electronic Arts to $154.00 and set a “buy” rating for the company in a research note on Sunday, July 31st. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $150.64. DotBig 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Electronic Arts in the last twelve months. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EA shares. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis.
Electronic Arts Dividend Calendar
Though many may point the finger at the looming recession, I view the rise of the Xbox Game Pass as a reason why individual game sales have underperformed. was originally listed at a price of $9.45 in Dec 31, 1997. If you had invested in Electronic Arts stock at $9.45, your return over the last 24 years would have been 1,193.87%, for an annualized return of 11.26% . Dividend Per Share is a financial indicator equal to the ratio of the company’s net profit available for distribution to the annual average of ordinary shares. Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share. The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Electronic Arts shares.
- LLP4.46Massachusetts Financial Services Co.4.13BlackRock Fund Advisors3.67Vanguard Total Stock Market Index Fund2.99BlackRock Institutional Trust Co.
- It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
- Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months.
- NA2.32Vanguard 500 Index Fund2.27Geode Capital Management LLC2.08Vanguard Wellington Fund1.97Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
- Shareholders of record on Wednesday, August 31st were issued a dividend of $0.19 per share.
- The industry is getting no love in 2022 but has a lot of tailwinds that are going to work in its favor over the next 10 years.
Analyst price targets range from a low of $130.00 per share to a high of $170.00 per share. Turning to Wall Street, EA stock comes in as a Moderate Buy. Out of 14 analyst ratings, there are nine Buys and five Hold recommendations. EA hasn’t been asleep at the wheel while gaming subscriptions took off. In any case, Microsoft DotBig seems to be getting more value from the partnership. EA prides itself on sports content, which smoothens year-over-year earnings. Despite the baggage and sluggish sales on select titles,including the latest iteration of the Battlefield franchise, the management team sees itself on sound footing, even without a suitor.
Electronic Arts Nasdaq:ea Stock: A Top Deal In Video Gaming
Video game stocks have been in a vicious bear market alongside nearly everything else these days. Therefore, in this piece, we used TipRanks’ Comparison Tool to look at two video-gaming juggernauts — EA and TTWO — that see… These are the video game stocks with the best value, fastest growth, and best performance for Q4 2022. Though a recession and the rise of Netflix-like services could weigh on game sales, truly next-generation sports titles and other intriguing EA stock price offerings in the realm of mobile could help EA break out of its multi-year funk. Further, many gamers may view Battlefield as “more of the same.” Indeed, EA needs to return to the basics and open up its wallets to deliver cutting-edge content. Unfortunately, I do think EA would be in much better hands under a tech behemoth with deep pockets. That way, EA wouldn’t have to worry too much about impressing shareholders on a quarter-to-quarter basis.
Electronic Arts And Koei Tecmo Working Together On The Next Great Hunting Game
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Electronic Arts, Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. The firm also provides advertising services and licenses its games to third parties to distribute and host its games. It markets and sells its games and services through digital distribution channels, as well as through retail channels, such as mass-market retailers, electronics specialty stores, and game software specialty stores. The company was founded by William M. Hawkins III and William Gordon in 1982 and is headquartered in Redwood City, CA. Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. The company licenses its games to third parties to distribute and host its games. It markets and sells its games and services through digital distribution and retail channels, as well as directly to mass market retailers, specialty stores, and distribution arrangements.
Electronic Arts News
Trefis estimates Electronic Arts’ fiscal Q revenues to be around $1.3 billion, in line with the consensus estimate but higher than the company’s guidance of $1.25 billion. Leveraging Big Data multi-factor models, the Q-Factor Score is assigned to each stock ranging from “Top Buy” to “Top Short”. The Q-Factor Score represents an expectation for how a stock Electronic Arts stock price today will perform in a given month. Activision Blizzard expands its gaming portfolio with the launch of Overwatch 2 ahead of the holiday season. Information is provided ‘as-is’ and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. We believe that this valuation gap is https://dotbig.com/markets/stocks/EA/ justified, given Intuitive Surgical’s superior revenue growth, better profitability, and lower financial risk.