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 their guidance, and they have increased their fiscal 2025 outlook. Nonetheless, there is anticipation for more consistent execution on non-sports titles, with a leaning towards competitor shares leading up to a major game launch in Fall 2025.
Electronic Arts achieved a substantial earnings outperformance and raised forecasts for Q2, despite high anticipations, with strong performance in sports games balancing the less impressive results from Apex Legends. The company also emphasized that gameplay hours in their American Football games increased by 140%, indicating that the introduction of College Football is adding to rather than detracting from their array of offerings.
Second quarter outcomes surpassed expectations and aligned well with the robust initial engagement and monetization seen with College Football. The effective pairing of Madden and College Football is cultivating a broader base of American football gamers. Combined with Electronic Arts' prominence in global football (soccer), this is believed to pave the way for increased recurring revenue streams.
Note:
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