Nintendo has announced the launch date for its latest gaming console, the Switch 2, which will introduce interactive chat and screenshare functions to connect gamers.
After a highly anticipated wait, we finally got a full reveal of the Nintendo Switch 2. It will launch on June 5 at $449.99.
The new console will be available on June 5.
Nintendo is set to reveal details of its Switch 2 on Wednesday with investors looking for the pricing and launch date of the successor to the home-portable Switch gaming device.
Shares of Nintendo (NTDOY -4.29%) hit an all-time high last month. It may not seem to make sense at first glance.
Nintendo is about to release its newest console, the Switch 2. It's the first major hardware release in more than eight years, but not everyone might want to make the "switch".
Nintendo's Switch 2 could reignite growth, with big expectations for sales growth in FY 2026 and beyond. FY 2025 challenges are expected, with profits dropping due to tough comps from Zelda: Tears of the Kingdom and The Super Mario Bros. Movie. Free cash flow should remain solid, though the 75% ratio might dip slightly in the coming year.
Nintendo's shares rose sharply amid hopes for its upcoming Switch 2 console, the new version of its widely successful Switch console that was launched in 2017.
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.