Electronic Arts (EA) is identified as one of the best video game stocks to buy now, with its shares being bought by various capital management, investor, and pension firms. EA agreed to acquire
TRACAB Technologies and is under investigation by the
Rosen Law Firm for potential securities class action. The company has open-sourced four more of its classic
Command & Conquer games and is investing in high culture gaming with Whitney Museum eMLS Cup. News of investment firms buying and selling EA shares abound. Q3 FY25 results were reported, including the launch of
Steam Deck and Battlefield Labs, forming the most ambitious community collaboration in franchise history. EA faces investigations from the
Pomerantz Law Firm on behalf of investors. The company's long-term growth strategy was outlined at its Investor Day. Revenue fell due to weakness in 'EA Sports FC' game spending. The company's intrinsic value calculation suggests it's 29% undervalued, yet its stock plummeted on outlook cuts from disappointing titles like Dragon Age and the football games. EA predicts Q4 bookings below estimates due to quiet gamer spending, and their stock crashed by 17%. Despite the financial turbulence, new game and software updates, and expansion packs were launched.
Electronic Arts EA News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 01 Mar 2025 18:27:00 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor 2
