EA Stock Recent News
EA LATEST HEADLINES
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.
In entertainment, video games have taken the lead, enchanting younger audiences. That makes it especially attractive to investors to find top gaming stocks to buy.
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) today announced that Andrew Wilson, CEO, will present at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, in San Francisco, CA. During the course of this event, EA may disclose material developments affecting its business and/or financial performance. Listeners may access the event via live audio webcast at http://ir.ea.com. Wednesday, March 06, 2024 Presentation at 3:35 PM ET / 12:35 PM.
Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years.
Electronic Arts (EA) reported earnings 30 days ago. What's next for the stock?
Gaming giant Electronic Arts is Inc reducing its workforce by 5% as part of a broader restructuring plan to limit costs across the company's operations. According to the latest numbers published in May 2023, EA employs 16,400, meaning around 670 employees will be laid off.
Electronic Arts, which makes such games as Madden NFL and Apex Legends, said today that it plans to lay off five percent of its employees and will discontinue work on several games. The announcement continues the ongoing downsizing in the gaming and tech space, a development that has seen thousands of jobs lost.
Videogame maker Electronic Arts Inc. said Wednesday it will cut about 5% of its workforce and plans to cancel some games in development.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.