EA Stock Recent News

Video game sales have been explosive. In 2023, sales came in at $57.2 billion, according to the Entertainment Software Association and Circana.

Electronic Arts is flourishing through its sports games and live services. Take-Two is a franchise hit maker with a slate of promising games arriving on the horizon.

The Zacks Toys - Games - Hobbies industry benefits from robust demand for sports toys, fashion dolls and accessories and STEM toys. Stocks like EA, MAT and JAKK are well-positioned to benefit.

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) will release its financial results for the fiscal quarter and year ended March 31, 2024 after the close of market on Tuesday, May 7, 2024. In conjunction with this release, EA will host a conference call to review its financial results for the fiscal quarter and fiscal year, discuss its outlook for the future and may disclose other material developments affecting its business and/or financial performance. Listeners may acc.

Video games have come a long way since the Atari 2600 era. The advent of gaming engines like Unreal Engine and Unity Software Inc. NYSE: U have enabled independent studios and publishers to have unlimited possibilities for creating ever more realistic games.

Electronic Arts (EA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Gaming has often flown under the radar in the entertainment space, but it continues to command a massive and growing presence. In fact, the most financially successful entertainment property in history is actually a game called Grand Theft Auto V.

Electronic Arts stock (NYSE: EA) trades at around $130, similar to levels seen in late 2021. This compares with an increase of about 10% for the S&P 500 over this roughly two-year period.

Electronic Arts' strategic AI integrations could boost efficiency by 30% and network size by 50%, suggesting a timely investment opportunity, with the stock appearing undervalued based on a conservative value analysis. EA faces threats from emerging studios and tech advancements. Success hinges on strategic acquisitions and innovations to stay relevant amid the rise of immersive gaming experiences. EA boasts a robust capital structure and is positioned for growth, also driven by studio development, leading to my Buy rating for long-term outperformance against the S&P 500.

Stocks like Microsoft Corporation (MSFT), Light & Wonder, Inc. (LNW) and Electronic Arts (EA) are likely to benefit from rebounding videogame sales.