Baird analyst Colin Sebastian maintains $Electronic Arts Inc (EA.US)$ with a buy rating, and adjusts the target price from $170 to $175.
According to TipRanks data, the analyst has a success rate of 57.8% and a total average return of 14.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Electronic Arts Inc (EA.US)$'s main analysts recently are as follows:
Electronic Arts delivered fiscal Q2 bookings and adjusted earnings that surpassed the high end of their guidance and increased their fiscal 2025 projections. Nevertheless, the call for more consistent performance in non-sports titles is evident, with an inclination towards Take-Two shares as the Grand Theft Auto VI release approaches in Fall 2025.
Electronic Arts reported a robust earnings surpass in the second quarter, even with high expectations, due to the strong performance of their sports games, which made up for the less than expected results from Apex Legends. Additionally, the company pointed out a 140% increase in hours played across its American Football games, indicating that the introduction of College Football is likely to enhance rather than detract from its broad game portfolio.
The firm indicated that second quarter outcomes surpassed expectations, aligning with the robust initial engagement and monetization of College Football. The effective merging of Madden and CFB is cultivating a broader community of American football gamers. Combined with the company's dominant position in global football (soccer), this is believed to lay the groundwork for increased recurring revenues.
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