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Electronic Arts Inc. (EA-Q) is a leading global interactive entertainment software company, delivering games, content, and online services for internet-connected devices. Analysts are optimistic about the application layer and model training algorithms being monetized in various sectors. The recent investor day showcased a strong focus on AI tools and the company's potential for growth in the near future. Social media mentions have seen a significant spike in the past 24 hours, indicating increased market interest in the company.
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).
He owns Activision instead because it has a longer runway of growth due to its forthcoming games. It's traditionally been a toss-up between this and EA. It comes down to runway.
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, there was no coverage of Electronic Arts Inc published on Stockchase.
Electronic Arts Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Electronic Arts Inc.
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0 stock analysts on Stockchase covered Electronic Arts Inc In the last year. It is a trending stock that is worth watching.
On 2024-11-21, Electronic Arts Inc (EA-Q) stock closed at a price of $167.315.
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%.
(Analysts’ price target is $160.04)12-month price target of $167.50. Buy 1/3 here around $141, $134, and $125.