EA - Electronic Arts Inc.
117.18 0.00 (0.00%)
After hours: 5:00PM EDT
Chart Events
Fast Stochastic
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 117.93 |
| Open | 117.48 |
| Bid | 117.18 x 800 |
| Ask | 117.99 x 1200 |
| Day's Range | 116.05 - 119.11 |
| 52 Week Range | 85.69 - 124.28 |
| Volume | 2,835,901 |
| Avg. Volume | 4,075,168 |
| Market Cap | 33.828B |
| Beta (5Y Monthly) | 0.93 |
| PE Ratio (TTM) | 12.80 |
| EPS (TTM) | 9.16 |
| Earnings Date | Jul 30, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 124.97 |
Fair Value
Related Research
- Benzinga
Electronic Arts Launches Over 25 Games On Steam
On Thursday, Electronic Arts, Inc. (NASDAQ: EA) launched the "first wave" of games on Steam. Over 25 titles were released, including award-winning RPG games "Dragon Age II" and "Dragon Age: Inquisition," as well as "Need for Speed Heat," "Need for Speed: Rivals," "Need for Speed (2016)," and "Plants vs. Zombies: Battle for Neighborville.""We want to make it easy to play the games you love, wherever you want to play," Mike Blank, SVP of Strategic Growth, stated in a release. "Delivering games to the Steam community is an important step in achieving this goal. Not only are we excited to have our games on Steam, but we look forward to bringing them even more value when our subscription becomes available in the Summer."In addition to the waves of existing titles, EA plans to launch new PC games on Steam beside other platforms. One of those titles is "Command & Conquer Remastered Collection" which launches tomorrow. The company's subscription model EA Access will also grant members access to a portfolio of EA titles while also including member benefits and discounts on "full EA game purchases, expansions and in-game items."See more from Benzinga * Video Game Companies Announce Delays, Pledge Support Of Protests * Electronic Arts Signs Multiyear 'Madden NFL' Extension * 'Call Of Duty: Modern Warfare' Is The Best-Selling Game Of 2020 So Far(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Benzinga
Price Over Earnings Overview: Electronic Arts
In the current market session, Electronic Arts Inc. (NASDAQ: EA) is trading at $117.17, after a 0.6% decrease. However, over the past month, the stock spiked by 0.31%, and in the past year, by 20.80%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently down from its 52 week high by 5.72%.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Compared to the aggregate P/E ratio of the 29.28 in the Electronic Gaming & Multimedia industry, Electronic Arts Inc. has a lower P/E ratio of 11.45. Shareholders might be inclined to think that they might perform worse than its industry peers. It's also possible that the stock is undervalued.There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * Stocks That Hit 52-Week Highs On Monday * Stocks That Hit 52-Week Highs On Friday * Stocks That Hit 52-Week Highs On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Zacks
Why Is Electronic Arts (EA) Up 2.3% Since Last Earnings Report?
Electronic Arts (EA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Business Wire
Electronic Arts Launches 25+ Games on Steam Starting Today
Today, Electronic Arts Inc. (NASDAQ: EA) launched the first wave of 25+ EA games on Steam, with more on the way. Starting today, players can explore BioWare™’s award-winning Role-Playing Games - Dragon Age™: Inquisition and Dragon Age II, experience high-speed, white-knuckle driving action in Need for Speed™ Heat, Need for Speed: Rivals and Need for Speed (2016) and battle it out in the wacky, fun and over-the-top shooter, Plants vs. Zombies: Battle for Neighborville™. A selection of the bold and innovative games from EA’s indie development partners like Unravel, Unravel II, Fe and Sea of Solitude will also become available. Additionally, these games and many others will be available as part of an EA Access subscription on Steam that will launch to players later this summer.
- Barrons.com
Activision Blizzard Is the Videogame Stock to Buy, Analyst Says. Here’s Why.
Activision Blizzard is the best positioned videogame stock for the second half of 2020, according to Piper Sandler.
- Yahoo Finance
‘Now is not the time’: Video game makers announce delays
Video game companies are delaying the launch and debut of major titles amid George Floyd and police brutality protests.
- Bloomberg
Sony, Google, Airbnb Delay Virtual Events Due to U.S. Protests
(Bloomberg) -- Sony Corp. said it’s postponing a virtual news conference for the upcoming PlayStation 5 game console, one of the most high-profile corporate events to be put on hold in deference to protests against police brutality in the U.S.Electronic Arts Inc. also scrapped an event to introduce the Madden NFL 21 game that was set for Monday. Airbnb Inc. said Chief Executive Officer Brian Chesky won’t deliver a planned video message to discuss the home-rental startup’s vision for travel. And Alphabet Inc.’s Google postponed the introduction of its Android 11 mobile operating system previously planned for June 3.Demonstrations against the killing of an unarmed black man, George Floyd, by a white police officer in Minnesota last week have turned violent in cities from New York to Los Angeles. Officials have set curfews in major cities to deter late-night protests and looting. The situation has reopened racial wounds and cast a somber tone in the country.For the PS5 event, which had been scheduled for June 4, Sony said, “We do not feel that right now is a time for celebration, and for now, we want to stand back and allow more important voices to be heard.”Electronic Arts issued a statement with a black background that said: “We stand with our African American/Black community of friends, colleagues and partners.” The company said, “We’ll find another time to talk football with you because this is bigger than a game, bigger than sports and needs all of us to stand together and commit to change.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Barrons.com
Electronic Arts and NFL Renew Madden Rights Deal. Why the Stock Is Falling.
Electronic Arts produces the popular Madden NFL series of videogames. One analyst said the news is positive but necessary, given EA’s reliance on sports franchises to drive annual results.
- InvestorPlace
3 of the Best Breakout Stocks to Buy Now
Stocks suffered a late-day rug pull on Thursday after our Tweeter-in-Chief announced he'd hold a news conference on U.S.-China relations. Uncertainty surrounding what the President will say had traders heading for the exits. The reality is stocks have been on a tear and were due for profit-taking anyways. Despite the weakness, I was able to find many promising breakout stocks to buy.Identifying the quality setups didn't require much detective work. All I had to do was sort my watchlist by percentage change. Scouring the top gainers on the day is an effective method for spotting strength. Two of my three candidates topped the list. The third one was near the top in the morning, but selling late in the session ultimately removed it from the leaderboard. Nonetheless, its chart setup demanded a mention in today's gallery. * 7 Red-Hot Vaccine Stocks Racing to Develop a Coronavirus Cure Here are the three breakout stocks that I'm eyeing:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Snap Inc (NYSE:SNAP) * Electronic Arts (NASDAQ:EA) * Aurora Cannabis (NYSE:CGC)Recent strength has this trio courting resistance zones, and Thursday's rally suggests a breakout is imminent. Let's look at how you can capitalize. Best Breakout Stocks to Buy: Snap (SNAP)Source: The thinkorswim® platform from TD Ameritrade Investors hit Snap stock hard during the pandemic, but the comeback has been incredible. Buyers have returned as rapidly as they fled. With its 131% gain off the lows, SNAP stock has almost fully recovered from its 60% crash. Last month's earnings report accelerated the comeback by sparking a massive overnight gap.Since then, the price action has been constructive. We've made a few higher pivot lows, and the stock has held to the gains nicely. Thursday saw the stock run 7.35% to close near the high of the day. It's impressive that it stayed afloat despite the profit-taking striking the broader market. With the gains, SNAP stock is now a whisker away from breaking resistance at $18.50.If it does, then a climb to $20 is likely. For a higher potential reward, you could buy the stock. Otherwise, I like selling the July $16 puts for 55 cents. Electronic Arts (EA)Source: The thinkorswim® platform from TD Ameritrade Electronic Arts has been among my breakout stocks for weeks. But it just hasn't been able to gather enough momentum to breach $120 resistance and hold its ground. If the action over the past two trading sessions is any indication, however, it's finally ready. I love Wednesday's nasty shakeout. The downside feint likely suckered in sellers before ripping higher by day's end. Thursday's followthrough was fantastic and had the stock notch its highest closing price since August 2018.Volume patterns are also hinting at this attempt succeeding. The past two sessions saw above-average volume confirm big buyers were on the move.You could buy EA shares for a straight stock play, or use call spreads to cheapen the bet. Buy the July $120/$125 bull call spread for around $2.70. The potential profit is $2.30 and will be captured if EA stock sits above $125 at expiration. Aurora Cannabis (ACB)Source: The thinkorswim® platform from TD Ameritrade After lying dormant for most of the year, cannabis stocks are all of a sudden hot. Strong signs of accumulation are cropping up in not just Aurora, but Tilray (NASDAQ:TLRY) and Canopy Growth (NYSE:CGC) also. Of the three, ACB stock has the most attractive pattern right now.Its May 14 earnings report sparked a massive revival that sent shares up nearly 300% in three days. We've since seen the stock consolidate in a narrow range. The basing is well-deserved after such a moonshot and is helping ACB stock work through overbought pressures. Given its explosive tendencies, it's worth watching for the next breakout.There are multiple short-term resistance levels you can use to trigger, but I like $18. The liquidity in Aurora Cannabis's stock options isn't great, so a straight stock purchase on the breakout is probably best.For a free trial to the best trading community on the planet and Tyler's current home, click here! As of this writing, Tyler didn't hold positions in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * The Huge Story for 2020 & Beyond That You Aren't Hearing About * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * The 1 Stock All Retirees Must Own The post 3 of the Best Breakout Stocks to Buy Now appeared first on InvestorPlace.
- Benzinga
Electronic Arts Signs Multiyear 'Madden NFL' Extension
Electronic Arts Inc. (NASDAQ: EA) has signed a "multi-year" renewal of the simulation sports title "Madden NFL."The agreement has ensured the NFL and NFL Players Association would not open up the simulation license to other game publishers. EA will continue to hold the contract and carry the exclusive ability to "manufacture, market and distribute NFL-themed realistic action simulation video games."While the renewal was technically up for a vote on Thursday, EA confirmed all parties had agreed to the terms ahead of time. However, financial terms were not revealed. An NFL representative confirmed the new deal will run for six years "starting today," which will push the exclusivity contract through May 2026.According to MMQB's Albert Breer, the deal includes a possible one-year extension depending on if EA can hit certain revenue targets.> Per source, NFL owners just voted to approve an extension of their deal with Electronic Arts. This one will run through the 2025 season (and through 2026 if revenue markers are hit). > So when it comes to that kind of game, it'll be Madden for a while.> > -- Albert Breer (@AlbertBreer) May 28, 2020New Contract Comes At Important TimeThe NFL's past deal was scheduled to expire in 2022, and rival Take-Two Interactive Software Inc. (NASDAQ: TTWO) revealed in March it will partner with the NFL to produce a series of "non-simulation" games. While EA will hold exclusive NFL representation in-game, Take-Two could introduce a dose of competition that hasn't existed in a while. The last football title Take-Two released was "All Pro Football 2K8" in 2007.With EA's agreement only applying to simulation games, other types of experiences like arcade-style games are open to anyone.Despite the competition, EA's new deal has helped the company. Shares rose 3.4% to $121.35, the company's highest since August 2018."The expansion of this partnership is not only about the continued success of the Madden NFL franchise but also the creation of new avenues for our fans to connect with the sport they love," NFL Commissioner Roger Goodell told Polygon.Photo by Sean Do on UnsplashSee more from Benzinga * 'Call Of Duty: Modern Warfare' Is The Best-Selling Game Of 2020 So Far * Take-Two Interactive Benefits From 'Industry Tailwinds,' Analyst Says After Q4 Report * Electronic Arts Analysts See Stay-At-Home Strength, Possible Game Delays After Q4 Report(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Business Wire
Electronic Arts, the NFL and the NFLPA Announce a Groundbreaking Multi-Year Global Partnership
Today, Electronic Arts (NASDAQ: EA), the National Football League (NFL) and the NFL Players Association (NFLPA) announced a multi-year renewal to their partnership, marking the biggest and widest-reaching gaming agreement in NFL history. Under the partnership, the EA SPORTS™ Madden NFL franchise will exclusively create authentic football simulation games, and EA SPORTS, the NFL and the NFLPA will partner to develop games in new genres, expanded esports programs, and additional experiences for fans across more platforms.
- Business Wire
Apex Legends Season 5 Off to the Best Start of Any Season to Date
Respawn Entertainment, a studio of Electronic Arts Inc. (NASDAQ:EA), today announced that Apex Legends Season 5 - Fortune’s Favor has quickly become the best start of any season to date. More new players are coming into the game and along with returning fans, it has driven the highest player retention for a season launch, with players playing for longer periods of time per day than ever before.
- Thomson Reuters StreetEvents
Edited Transcript of EA earnings conference call or presentation 5-May-20 9:00pm GMT
Q4 2020 Electronic Arts Inc Earnings Call
- Simply Wall St.
Electronic Arts (NASDAQ:EA) Shareholders Have Enjoyed A 90% Share Price Gain
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
- Barrons.com
Buy Take-Two Stock on Strength of Grand Theft Auto, NBA 2K, Analyst Says
BMO Capital Markets analyst Gerrick Johnson says Take-Two Interactive’s plan to keep a light schedule of new releases for fiscal 2021 is a shrewd move, giving its labels more time to fully exploit the technology in the new gaming systems.
- Insider Monkey
Electronic Arts Inc. (EA): Hedge Funds Are Snapping Up
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
- Investopedia
Top Communications Stocks for June 2020
These are the communications stocks with the best value, fastest growth, and most momentum for June.
- Bloomberg
Amazon’s First Major Video Game Is Here After Several False Starts
(Bloomberg) -- Amazon.com Inc. faces a crucial test on Wednesday with the release of its first original big-budget video game. The reception from homebound gamers will signal whether the company can become a force in a $159-billion global industry dominated by the likes of Microsoft Corp. and Activision Blizzard Inc.Crucible is a free-to-play PC game in which teams hunt down opponents and creatures on a distant planet. Amazon plans to start selling another game in August. Called New World, it will put players on a mysterious island where they will battle one another and hunt. The company is also working on The Lord of The Rings game and some unannounced projects.Crucible will make money by selling digital merchandise as well as seasonal battle passes. New World should fetch $40 for a standard edition and $50 for a deluxe version, including additional in-game items and a digital art book.“There’s tremendous room for invention in games,” says Mike Frazzini, the vice president of Amazon Games. “We’re just getting started.”If the first two titles are well received, Amazon’s gaming division could attract talent and shed a reputation for fits and starts. Popular games could also help build momentum for the company’s widely expected launch of a game-streaming service to rival Google Stadia, which lets users play a bunch games from any compatible device, without needing to download or update them. “There is much riding on the success of Crucible and New World,” says Billy Pidgeon, an analyst at Go Play Research.Amazon has been selling games from independent as well as the world’s largest publishers for decades, and its Amazon Web Services and tools support development of other companies’ games. It entered game publishing in 2012, partly to give consumers another reason to sign up for its Prime subscription, which along with free shipping offers a variety of entertainment options including television shows and movies. Early efforts that focused on mid-tier games, including some designed for Amazon's Fire TV streaming devices, didn't make a splash.Amazon constructed its game strategy from various pieces. In 2014, the Seattle-based company purchased Twitch, where people stream themselves playing such games as Fortnite and Valorant. Two years later, Amazon launched Twitch Prime, which gives game-playing Prime subscribers extra perks for no additional cost.The company began working on its own titles by hiring famed designers like Kim Swift. But Amazon has struggled to retain key talent, including Swift, who left for Electronic Arts Inc. and now works at Google. In 2018, Amazon canceled a game called Breakaway, in which teams tried to move a ball to their opponent’s goal. Last summer, the gaming news publication Kotaku reported that the company had laid off dozens of game developers and shelved some unannounced titles. Even the Crucible and New World release dates have been pushed out; Amazon blamed fallout from Covid-19.There’s plenty of competition. Microsoft, Sony Corp. and Nintendo Co. all have their own hardware—often an advantage because consoles enable advanced features. Facebook Inc., meanwhile, offers games like FarmVille on its social network, and its Facebook Gaming live-streaming service has been stealing share and streamers from Twitch. Amazon is also competing with established game publishers such as Activision and EA, which are constantly improving their existing games and coming up with new hits.Amazon has called in some extra help to push its games across the finish line. In 2017, former EA veteran Bing Gordon left Amazon’s board to help guide the division as a consultant. He has advised on marketing strategy and even played some games and offered feedback. Gordon is renowned for leading EA’s product development and creating an innovative pricing strategy for its online games.His initial agreement to consult for Amazon’s games division was extended and runs for about another year, according to a person familiar with the matter. A company spokesperson confirmed Gordon is advising the division. His involvement with Amazon’s game unit was previously reported by the tech news site The Information. Gordon is also on the board of mobile game maker Zynga Inc.“Amazon Game Studios is still finding its way,” says Susan Eustis, president of Wintergreen Research. But one hit game could provide a huge lift, she adds, and Amazon's 150 million paid Prime members globally represent a big market advantage.Launching a product in the midst of a pandemic may seem counter-intuitive. But gaming has become a go-to entertainment choice for people hunkered down at home—a captive audience if ever there was one. Players have been flocking to new releases like Animal Crossing: New Horizons, as well as rediscovering old favorites like Fortnite. Still, as the lockdowns ease, the recent surge in game playing could abate. Whether people keep paying for games amid skyrocketing unemployment remains to be seen.Amazon’s new games are likely to get a bump from Twitch, which can help publishers market new releases. Twitch’s players and streamers have been involved in the development of Crucible from early on. The game itself is specifically adapted to show well on the service: Characters are easily recognizable from a distance. It’s fast-paced from the get-go, an effort to make it exciting to watch. Twitch has said that ads on the platform to promote EA’s Apex Legends game helped it get 25 million unique users in a week.“One of the things that we hear most often from people who try Crucible is that it feels unique,” Frazzini says. “There are elements and gameplay mechanics that feel familiar, but they’re combined in a way that’s different from anything else they’ve played.”But making a blockbuster game is not easy, for anyone. Some reviewers who got an early peek at the two games liked them; others have not.“The buzz on these games has not been that great,” says David Cole, founder of DFC Intelligence, which tracks digital entertainment. “They are ambitious, but the market changes fast and both products already look passe now.”There have been plenty of naysayers with many titles that have gone on to become a success. Ultimately, it’s the players who will decide whether Amazon will become a gaming powerhouse.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance Video
MARKETS: Dow sinks 390 points into the close — YF Premium is bullish on Electronic Arts
Yahoo Finance's Jared Blikre joins Jen Rogers to break down the day's price action in stocks as well as a long in Electronic Arts (EA), a YF Premium Investment Idea.
- Zacks
Coronavirus-Led Lockdown Boosts Video Game Sales: 5 Top Picks
The rapid rise in video game sales has been boosted by coronavirus-led lockdowns and technological breakthroughs.
- Motley Fool
2 Great Stocks You Can Buy on Sale
Farfetch (NYSE: FTCH) and Electronic Arts (NASDAQ: EA) are two such stocks to keep an eye on. Farfetch operates a digital shopping platform that allows luxury brands to connect with consumers. Electronic Arts is one of the world's leading video game makers.
- Motley Fool
Why Activision Blizzard Stock May Outperform Its Rivals in 2020
This one metric point says Activision has an edge over its video game making rivals in the short term.
- Investopedia
Video Game Stocks Could Test Bull Market Highs
Video game stocks are surging to higher ground, with stay-at-home orders and a new generation of consoles attracting buyers.
- Motley Fool
3 Top Video Game Stocks to Buy in May
Amid COVID-19 lockdowns, one area that has fared well is video game stocks. Given the original game and product releases, Electronic Arts (NASDAQ: EA), NVIDIA (NASDAQ: NVDA), and Zynga (NASDAQ: ZNGA) could provide the industry with an additional boost even if many gamers have less time for their hobby. The company just lost its 15-year exclusivity deal with the NFL.
- MarketWatch
Coronavirus update: U.S. death toll tops 74,000, as Trump administration shelves ‘too cautious’ CDC guide to reopening
The number of U.S. fatalities from the coronavirus that causes COVID-19 climbed above 73,000 on Thursday, as President Donald Trump’s administration said it is shelving recommendations from the Centers for Disease Control and Prevention on reopening safely because they were too cautious
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