Electronic Arts (EA) has been in the news recently due to various factors affecting its business. The company decided not to increase its video game prices, a decision which appears to draw positive sentiment from the market. Financial giants like
Goldman Sachs have raised the price target for EA to $155, indicating a bullish outlook on the company's performance.
EA also revealed that its new ‘Battlefield’ game will launch by March 2026. EA's CEO has issued a strong bookings guidance following the announcement. The company also reported strong Q4 and annual results for FY25, and its projected revenue for FY26 stands at an impressive $7.1 billion.
Following these updates, EA's stock has seen a significant jump.
However, it's also important to note that EA has recently laid off hundreds of workers amidst cuts. Furthermore, multiple reports of insider selling have been flagged. Yet despite these setbacks, several analysts continue to maintain a bullish outlook on EA, with HSBC upgrading their rating and price target. Notably, there's a strong expectation for EA's upcoming Q4 earnings, which are anticipated to surpass estimates. Lastly, despite varying opinions, EA is forging ahead, announcing partnerships with MLS and Apple TV, and continuing its commitment to creating positive play and safe communities.
Electronic Arts EA News Analytics from Thu, 05 Sep 2024 23:36:25 GMT to Sat, 10 May 2025 08:22:50 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor -3
