On Oct 31, major Wall Street analysts update their ratings for $Electronic Arts Inc (EA.US)$, with price targets ranging from $150 to $183.
Morgan Stanley analyst Matthew Cost maintains with a hold rating, and maintains the target price at $150.
BofA Securities analyst Omar Dessouky maintains with a buy rating, and sets the target price at $170.
Jefferies analyst James Heaney CFA maintains with a buy rating, and maintains the target price at $175.
TD Cowen analyst Doug Creutz maintains with a buy rating, and maintains the target price at $183.
Oppenheimer analyst Martin Yang maintains with a buy rating, and maintains the target price at $170.
Furthermore, according to the comprehensive report, the opinions of $Electronic Arts Inc (EA.US)$'s main analysts recently are as follows:
Electronic Arts reported fiscal Q2 bookings and adjusted earnings that surpassed the high end of guidance and increased its fiscal 2025 outlook. Nevertheless, there is an anticipation for more steady performance on non-sports titles, with an inclination towards competitor shares in the lead-up to major game launches.
Electronic Arts reported a robust earnings beat and upward revision for Q2 despite high anticipations, primarily due to the strong performance of sports games, which helped to balance the lesser results from Apex Legends. Additionally, the company observed a significant 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 the company's comprehensive portfolio.
The company's second-quarter results surpassed expectations, aligning with robust initial engagement and monetization stemming from College Football. Additionally, the effective amalgamation of Madden and CFB has cultivated an expanded community of American football gamers. This, together with the company's dominance in global football (soccer), positions it for an increased stream of recurring revenues.
Here are the latest investment ratings and price targets for $Electronic Arts Inc (EA.US)$ from 9 analysts:
Note:
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