This week marks the release of several anticipated video games, sparking interest in the gaming sector. Bethesda, a subsidiary of Microsoft (MSFT), has launched a remastered version of "The Elder Scrolls IV: Oblivion." The updated role-playing classic is now available on Xbox Series X/S, PC, and PlayStation 5 (SONY), and features prominently on Xbox Game Pass from day one. Additionally, Kepler Interactive's role-playing game "Clair Obscur: Expedition 33" will be available on April 24, accessible on PS5, Xbox Series X/S, and PC, and also joining Xbox Game Pass at launch.
Meanwhile, Nintendo (NTDOY) has provided updates regarding its upcoming console, the Nintendo Switch 2. Initially delayed due to tariff-related complications, pre-orders for the new console are now set to open on April 24, 2025. The console will debut in the United States with a price tag of $449.99, maintaining the previously announced pricing. Additionally, a Nintendo Switch 2 bundled with "Mario Kart World" will launch at $499.99. The prices for both the physical and digital editions of "Mario Kart World" and "Donkey Kong Bananza" will remain unchanged at $79.99 and $69.99, respectively. While Nintendo has maintained its pricing strategy for the consoles and games, adjustments for accessories may occur due to evolving market conditions. The much-anticipated launch of the Nintendo Switch 2 is slated for June 5, 2025.
In financial markets, Electronic Arts (EA, Financial) has seen varying analyst evaluations. Morgan Stanley recently reduced its price target for EA to $135 from the previous $150, retaining an Equal Weight rating, citing broader influences such as macroeconomic factors and tariffs. Conversely, JPMorgan increased its target to $135 from $125, maintaining a Neutral rating. Both analyses reflect caution ahead of EA's first-quarter earnings, with reductions in revenue projections due to macroeconomic and tariff uncertainties.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 25 analysts, the average target price for Electronic Arts Inc (EA, Financial) is $148.70 with a high estimate of $179.00 and a low estimate of $126.00. The average target implies an upside of 1.73% from the current price of $146.18. More detailed estimate data can be found on the Electronic Arts Inc (EA) Forecast page.
Based on the consensus recommendation from 30 brokerage firms, Electronic Arts Inc's (EA, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Electronic Arts Inc (EA, Financial) in one year is $143.67, suggesting a downside of 1.71% from the current price of $146.175. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Electronic Arts Inc (EA) Summary page.
