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This Week’s Stock Picks & BNN Top Picks Summary: ASC-N, BBAI-N and 23 Stock and 1 ETF Top Picks (Jan 31-Feb 06)TSX and Wall Street extend recoveryS&P hits new highThis summary was created by AI, based on 4 opinions in the last 12 months.
Electronic Arts Inc., known for its interactive entertainment software, has encountered a tumultuous turn of events in the past month. Despite a strong long-term growth forecast of 5-6% and substantial free cash flow margins allowing for consistent share buybacks, the company recently faced a significant 16% drop following a pre-announcement of disappointing revenue figures, especially in its major sports titles. The rise in social media attention, which surged by 450%, signals potential positive momentum, although concerns regarding mobile game performance linger. Additionally, the integration of AI tools discussed during the recent investor day could indicate future growth opportunities in various fields, including healthcare and sports entertainment. Moreover, the price targets provided by analysts suggest varying confidence levels, ranging from $146.38 to $167.50.
Was down 16% last month when they pre-announced shockingly light numbers, given weakness in their biggest titles (i.e. soccer game).
This pick results from his looking at the application layer 12 months down the road. Model training algorithms are already being monetized in healthcare, education, and now sports/entertainment. Investor day last week saw a lot of AI tools. Yield is 0.5%.
12-month price target of $167.50. Buy 1/3 here around $141, $134, and $125.
Video game demand down post Covid.
Has since sold shares.
Unsure on future of video game demand.
Waiting to see prospects for business.
The videogame space is exciting and it's changing rapidly. ATVI and Take Two are also good. These names can be lumpy because of release dates, but he prefers ATVI because of their titles like Call of Duty and for their eco-system. The next generation won't slow down on videogames (he has a 9-year-old who's good at games).
Electronic Arts Inc is a American stock, trading under the symbol EA-Q on the NASDAQ (EA). It is usually referred to as NASDAQ:EA or EA-Q
In the last year, 1 stock analyst published opinions about EA-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Electronic Arts Inc.
Electronic Arts Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Electronic Arts Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Electronic Arts Inc In the last year. It is a trending stock that is worth watching.
On 2025-02-11, Electronic Arts Inc (EA-Q) stock closed at a price of $133.35.
Likes the portfolio, though a bit weak in mobile. Discretionary spend on some titles has been a bit lower. Over the long term, can grow 5-6%. 30% free cashflow margins, enough to buy back 5-6% of shares every year. In-game transactions are 99% gross margins. Yield is 0.6%.
(Analysts’ price target is $146.38)