Nintendo (NTDOY 3.36%) stock has gone on quite a run in the last few months. Even with a recent drop in price due to tariff concerns, the stock is up 30% in the last six months in anticipation of the upcoming release of the Nintendo Switch 2.
Legacy media has had a rough time in the last decade. Stalwarts such as Walt Disney have struggled mightily versus modern technology competitors, with its stock only posting a 13% total return in the past 10 years.
Nintendo (NTDOY -6.67%) stock is losing ground in Friday's trading. The Japanese gaming giant's share price was up down 6.7% as of 2:15 p.m.
Shares of Nintendo (NTDOY 2.44%) (NTDO.F 4.87%) have surged 25% so far in 2025 and are sitting close to all-time highs. Investors are clearly optimistic about Nintendo's upcoming Switch 2 launch.
It's been two years since I added shares of Nintendo (NTDOY -0.72%) to my portfolio. The Japanese gaming giant was trading near a three-year low at the time, but I felt that Nintendo was ready to start winning again.
David Gibson, Senior Research Analyst at MST Financial discusses the expected price point of Nintendo's Switch 2, and possible new features that will be revealed on April 2.
Nintendo reported weaker-than-expected earnings for its fiscal third quarter, as declining demand for its ageing Switch console weighed on revenue and profitability. The gaming giant posted a net profit of 128.53 billion yen ($862 million), a 6% decline year-on-year, falling short of market expectations.
Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters.
Nintendo announced its financial results for its third fiscal quarter ended December 31, with hardware sales of the Switch hitting 4.82 million units.
Nintendo on Tuesday reported weaker-than-expected top and bottom results for its fiscal third quarter, slashing its forecast for the Switch console ahead of the release of its succesor. Nintendo last month teased the Switch 2 in a trailer showing off the hardware.
Japan's Nintendo cut its operating profit forecast on Tuesday by 22.2% to 280 billion yen ($1.8 billion) for the financial year ending March.
Nintendo has revealed the Nintendo Switch 2, featuring a larger screen, improved Joy-Con controllers, and backward compatibility with the original Switch's game library. Nvidia will supply a new chip, leveraging DLSS AI software to boost resolution and frame rate, enhancing performance and reducing game production costs. The new Mario Kart game, expected to launch with the Switch 2, showcases enhanced graphics, larger tracks, and support for up to 24 players.