Stifel analyst Drew Crum downgraded Electronic Arts to Hold from Buy with an unchanged $167 price target. The firm remains positive on the stock longer term given its fundamental outlook for the company, but it is reducing its net booking estimates following its "review of game model", the analyst tells investors in a research note. Stifel adds that it sees "limited upside" for shares in the near term.
Electronic Arts (EA) reported earnings 30 days ago. What's next for the stock?
EA shares are benefiting from demand for live services and full game revenues. However, sluggish packaged goods revenues and intense competition are headwinds.
Earnings reports from Walmart and Lowe's will give investors a glimpse at consumer spending on Tuesday morning, while SpaceX readies for another launch.
Electronic Arts (NYSE: EA) has risen over 25% from levels of $130 in early 2022 to $160 now, aligning with the performance of the S&P 500 index over this period. The company has seen a solid sales growth over the recent years, despite tepid consumer spending.
For 2Q25, EA generated $2.03 billion in revenues, representing a year-on-year increase of 5.80%. Recent growth is attributable to the strength in the company's full games segment. EA's portfolio of games and new strategic initiatives is likely to accelerate the company's growth. In addition to revenue growth, the company is attempting to enhance its margin by focusing on its live service segment to expand top line while maintaining the cost of production.
Wedbush analysts have doubled down on backing for Electronic Arts Inc (NASDAQ:EA, ETR:ERT) (EA) after the video game maker upped full-year guidance on record second-quarter net bookings. “EA is beginning to deliver solid earnings growth through a combination of improving revenues and the operating leverage that comes as a result,” Wedbush said following results on Tuesday.
EA's second-quarter fiscal 2025 results reflect a rise in demand for live services and full-game revenues.
The headline numbers for Electronic Arts (EA) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Electronic Arts Inc. (NASDAQ:EA ) Q2 2025 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Andrew Uerkwitz - VP, IR Andrew Wilson - CEO Stuart Canfield - CFO Conference Call Participants Colin Sebastian - Baird Eric Handler - ROTH Capital Andrew Marok - Raymond James Chris Schoell - UBS Doug Creutz - TD Cowen Operator Good afternoon. My name is John, and I'll be your conference operator today.
Electronic Arts (EA) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $1.46 per share a year ago.
Video game publisher EA beat estimates for its fiscal Q2, thanks to a strong performance from its sports titles. EA stock rose.