DBS analyst Sachin Mittal maintains $Electronic Arts Inc (EA.US)$ with a buy rating, and maintains the target price at $165.
According to TipRanks data, the analyst has a success rate of 72.1% and a total average return of 20.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Electronic Arts Inc (EA.US)$'s main analysts recently are as follows:
Electronic Arts reported fiscal Q2 bookings and adjusted earnings that surpassed the high end of their guidance, leading to an improved fiscal 2025 outlook. Despite this, there is anticipation for more consistent performance on non-sports titles, with a leaning towards Take-Two as the launch of GTA VI approaches in Fall 2025.
Electronic Arts posted a robust earnings beat-and-raise for Q2, surpassing already high expectations. This performance was driven by the success of its sports titles, which helped to balance the less than expected performance of Apex Legends. Additionally, a significant increase of 140% in hours played across American Football titles indicates that the introduction of College Football is likely enhancing rather than detracting from the company's comprehensive portfolio.
Electronic Arts' second quarter outcomes surpassed expectations and aligned with the robust early engagement and monetization seen with College Football. The successful pairing of Madden and College Football has cultivated a broader American football gaming audience. This, combined with the company's dominance in international football (soccer), is anticipated to pave the way for increased recurring revenues.
Note:
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