Electronic Arts (EA) has been active with project developments and expansions. A new
Dragon Age game is set to launch in
Fall 2024.
EA Sports offers a glimpse of its upcoming college football game, while its popular
FIFA sports series also reveals an elaborate roadmap. There is a 17.1% increase in short interest of EA’s shares. EA's portfolio expansion is anticipated to contribute to growth. However, its workforce reduction and cancellation of a
Star Wars game raises concerns. Despite some volatilities, EA's stock is given a 'Moderate Buy' consensus by brokerages. Its net revenue projection for 2024 shows promising figures. The company's
Madden NFL project experiences notable growth, although EA misses its Q4 objectives and hands out rather soft FY25 guidance. Quarterly booking estimates faced a downside due to lower consumer spending. The layoff of a significant workforce portion coupled with weaker corporate governance could raise investor concerns. Last quarter's earnings revealed safer revenues, driving the stock up modestly. The current focus on live services and AI implementation may shape EA’s future direction.
Electronic Arts EA News Analytics from Wed, 20 Sep 2023 07:00:00 GMT to Sun, 16 Jun 2024 10:42:44 GMT -
Rating 2
- Innovation 3
- Information 7
- Rumor -3
