Jefferies analyst James Heaney CFA maintains $Electronic Arts Inc (EA.US)$ with a buy rating, and maintains the target price at $175.
According to TipRanks data, the analyst has a success rate of 54.2% and a total average return of 7.5% 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 reported fiscal Q2 bookings and adjusted earnings that surpassed the high-end of guidance, and the company has increased its fiscal 2025 outlook. Nevertheless, there is a focus on the need for more consistent execution on non-sports titles, and a comparative preference is noted for Take-Two's shares leading up to the GTA VI launch slated for Fall 2025.
Electronic Arts achieved a robust earnings outperformance and raised its projections for Q2, even as expectations were already high. This was propelled by the robust performance of its sports titles, which balanced out the less-than-anticipated results from Apex Legends. Additionally, an increase of 140% in time spent on American Football games indicates that the inclusion of College Football is likely serving to enhance rather than detract from the company's comprehensive suite of offerings.
The firm noted that 2Q results surpassed expectations, aligning with robust initial engagement and monetization of College Football. Further observations indicated that the fusion of Madden and College Football is cultivating a broader American football gaming community. This expansion, coupled with the company's dominant position in global football (soccer), is believed to pave the way for increased recurring revenues.
Note:
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