EA - Electronic Arts Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
99.66
+0.68 (+0.68%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close98.98
Open99.16
Bid98.12 x 1400
Ask102.03 x 900
Day's Range97.15 - 99.88
52 Week Range73.91 - 151.26
Volume4,720,978
Avg. Volume7,735,338
Market Cap29.858B
Beta (3Y Monthly)1.37
PE Ratio (TTM)21.70
EPS (TTM)4.59
Earnings DateMay 7, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est101.78
Trade prices are not sourced from all markets
  • The trades on Visa, Electronic Arts, Northrop Grumman & more in #AskHalftime
    CNBC Videos4 days ago

    The trades on Visa, Electronic Arts, Northrop Grumman & more in #AskHalftime

    The "Halftime Report" traders answer viewer questions on Visa, Electronic Arts, Northrop Grumman & Medtronic.

  • Take-Two CEO Strauss Zelnick talks esports and the future of the gaming industry
    CNBC Videos10 days ago

    Take-Two CEO Strauss Zelnick talks esports and the future of the gaming industry

    Have we reached peak gaming? Take-Two CEO discusses the gaming industry. With CNBC's Scott Wapner and the Fast Money traders, Carter Worth, Tim Seymour, Steve Grasso and Dan Nathan.

  • TheStreet.com10 hours ago

    Are We in an eSports Boom, or an eSports Bubble?

    ESports is big business, and it's only getting bigger. At the Game Developers Conference in San Francisco, the rapidly growing industry -- where the opportunities lie, and just how much it's really worth -- was one of the main topics for the game enthusiasts in attendance. To date, most eSports investment, as well as revenue, has been focused primarily in the U.S. and in Asia.

  • EA’s Strategy behind Making Apex Legends Successful
    Market Realist14 hours ago

    EA’s Strategy behind Making Apex Legends Successful

    Gaming and Social Media: Facebook, Snapchat, Twitter, and EA(Continued from Prior Part)EA launches its latest titleGaming company Electronic Arts (EA) launched its battle royale shooter game, Apex Legends, on February 4. Adopting a different

  • 2 Reasons Take-Two Stock Is the Easy Pick to Own in the Video-Game Business
    InvestorPlace20 hours ago

    2 Reasons Take-Two Stock Is the Easy Pick to Own in the Video-Game Business

    The past six months have been tough ones for video-game stocks like Take-Two Interactive Software (NASDAQ:TTWO) and Activision Blizzard (NASDAQ:ATVI).Source: Via RockstarActivision shares are off nearly 50% from their September peak, while Take-Two stock is down about 35% during the same time period. Electronic Arts (NASDAQ:EA) has lost nearly a third of its value even after rebounding strongly from December's lows. * 7 Small-Cap Stocks That Make the Grade And to be fair, much of the stocks' plunge was deserved. Most of these names were overextended by the middle of last year, and investors were shocked to see just how easily the free online game Fortnite came out of nowhere and was so disruptive to the status quo.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEverything about the video-game market is fluid, though, including its stocks. This dip, however, is an opportunity to step into the smallest but arguably the best-of-breed in the business… Take-Two stock. TTWO Wins the Console Loyalty WarsTake-Two is the name behind hits like Red Dead Redemption and the Grand Theft Auto series. Although its Grand Theft Auto franchise is the most successful video-game series ever in terms of revenue, TTWO has developed many fewer games than rivals like EA and Activision.TTWO also produces distinctly different kinds of game that may be counterintuitive on the surface. However, they are great money makers.Contrary to popular belief, gaming consoles like Microsoft's (NASDAQ:MSFT) Xbox and PlayStation from Sony (NYSE:SNE) are still a big deal. Although it is true that PC gaming is growing, console-play is also still growing, and its rising tide is lifting all boats.The industry's response to the expansion of the PC-games market has largely been to attempt to be all things to all people. EA now offers subscription-based access to PC-only games via its Origin Access program, while Microsoft now enables subscribers to its Game Pass service to access PC-based games.TTWO has tiptoed down the same path too, although not as much as its competitors. Over the course of the past three quarters, 85% of its revenue came from console players.It's a detail some investors find interesting, if not outright concerning. There's a method to Take-Two's madness, though.Rather than spreading its wings too far, the company has thus far focused on what it knows it does best: making great console games.A PC version of Grand Theft Auto V was eventually released, but it wasn't a priority. Meanwhile, although there are rumors that a PC version of Red Dead Redemption 2 will be released, it also doesn't appear to be a priority for the company.The strategy is effective and positive for Take-Two stock, even if it ultimately limits the company's top line. Staying in the Good Graces of GamersMost investors who aren't avid video-game players may not realize it, but regular players will readily recognize another not-so-subtle shift in the gaming business: the advent of in-game purchases called microtransactions. The latter phenomenon has grown from being a fun and easy way to enhance game-play for a couple bucks to a full-blown profit center in and of itself.The matter reached a fever-pitched frenzy in late-2017, after EA launched a new game. Gamers quickly learned the hard way that to be able to use some of the coolest weaponry or play as some of the coolest characters required either a massive amount of playing time or $80. That's more than buying the game cost.In-game purchases haven't gone away since then. Although most game developers have pushed them less aggressively recently, they're still a problem. The industry hasn't yet seemed to figure out what's fair when it comes to in-game purchases and where gamers draw the line.Take-Two has exercised considerably more restraint than its rivals have, however. Through the first nine months of the recently-ended fiscal year, only about one-third of the company's revenue came from what TTWO described as "recurrent consumer spending." The other two-thirds was driven by selling games.For perspective, a year ago Activision Blizzard reported that it had taken in more money from microtransactions than it did from actually selling video games.Many players claim they don't like the new normal, and some vowed to boycott EA in response to what they saw as its overly aggressive microtransaction tactics. But most complainers never follow through on their promises.On the flip side, it's also quite likely that many gamers haven't complained -- vocally -- at all, yet gravitate toward games like Take-Two's that don't cost quite so much to make the most of and are seen as a much better value. If that's the case, it's certainly a positive attribute for Take-Two and Take-Two stockTTWO CEO Strauss Zelnick has made a point of advancing the microtransaction minimization strategy explaining last year "Are you a monetization company or are you an entertainment company? We're an entertainment company and when we get that right, everything else flows from it." The Bottom Line on Take-Two StockWhile TTWO has worked its way into the upper echelon of game-publishing outfits by being the least typical company in the business, it's not bulletproof. It suffers the same cyclical swings that its rivals and console technologies do. The recent selloff of Take-Two stock illustrates that point.Nevertheless, Take-Two seems to fare better against headwinds than its rivals, and Take-Two stock bounces back better than the shares of its rivals do when disruptions like Fortnite come down the pike.Not every investor has to own Take-Two stock. But for investors who have to own a video-gaming name, Take-Two stock is an easy name to buy and just let simmer. It's even easier to buy TTWO stock on a dip like the one it just experienced.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post 2 Reasons Take-Two Stock Is the Easy Pick to Own in the Video-Game Business appeared first on InvestorPlace.

  • Electronic Arts Should Be Buying Back Way More EA Stock
    InvestorPlace20 hours ago

    Electronic Arts Should Be Buying Back Way More EA Stock

    If you're a long-term owner of Electronic Arts (NASDAQ:EA), the volatility exhibited by EA stock since announcing Q3 2019 earnings is enough to drive a teetotaler to drink.Source: Electronic ArtsRather than address whether you should be buying EA stock at under $100 (I recommended investors consider it earlier in March) I'd like to address whether the company should be buying back its stock at current prices. The Argument for Buybacks of EA StockFirst, if you do own EA stock, you better hope Electronic Arts was buying it shares in the aftermath of its third-quarter earnings miss. The company's shares dropped more than 13% February 6 on the news, EA stock's worst single-day performance in over a decade.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough it took the company's stock only two days of trading to recover, jumping from $80.21 after the Feb. 6 close to $97.24 two days later, a 5% increase from its February 5 closing price of $92.52. At the end of the third quarter, Electronic Arts had $1.59 billion left of its $2.4 billion share repurchase program initiated in May 2018. In the first nine months of fiscal 2019, Electronics repurchased 10.4 million of its shares for $1.1 billion, an average price per share of $108.53. * 7 Small-Cap Stocks That Make the Grade So, if the company were willing to buy back more than a billion dollars of its stock at prices well above $100, I would argue that it should spend at least that to buy EA stock at prices below $100. For example, let's assume that it invested an additional $1.1 billion at a share price halfway between $80.21 and $92.52. At $87.37 a share, Electronic Arts would have repurchased 12.7 million shares, an additional 24% from the number it acquired in the first nine months of fiscal 2019. That's a nice thought, but in the real world, it would never happen for two reasons. First, it's unlikely that EA is set up to act this quickly, given its share repurchase history. Secondly, it's averaging approximately 1.2 million shares a month so far in fiscal 2019, well below the theoretical amount of 12.7 million shares from above. It's a nice thought, just the same. The Argument Against EA Share RepurchasesMost companies do a terrible job repurchasing shares. For every example you can give me of a company that's managed to buy back its stock near the 52-week low, I'll give you ten that bought closer to the 52-week high. How did EA do through the first nine months of fiscal 2019?Between March 31, 2018, and December 31, 2018, it had a high of $151.26 (July 13) and a low of $73.91 (December 26), for a midpoint of $112.59 a share. The company paid 3.6% less than its midpoint, a decent, if not spectacular job of buying back its stock. The question that I would have is whether it can continue to buy below its midpoint. Most companies, in my experience, can't, which would suggest the funds would be better used continuing to develop additional free-to-play games. The VerdictLong term, I think $108.53 a share paid by Electronic Arts for its stock will look like an astute investment. Below this point, I see no reason why the company shouldn't be buying back its stock by the boatload. Buy away, EA, buy away. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Electronic Arts Should Be Buying Back Way More EA Stock appeared first on InvestorPlace.

  • 2 Tech Stocks I'd Buy Right Now
    Motley Fool3 days ago

    2 Tech Stocks I'd Buy Right Now

    These two video game-related companies are great buys at today's prices.

  • Here's where video game giant EA Sports potentially may expand in Central Florida
    American City Business Journals5 days ago

    Here's where video game giant EA Sports potentially may expand in Central Florida

    The California-based firm long has been looking for new space in the region, particularly in recent months.

  • Tencent Stock Still Is at the Mercy of China’s Video Game Regulators
    InvestorPlace5 days ago

    Tencent Stock Still Is at the Mercy of China’s Video Game Regulators

    It's best known as the owner of online messaging platform WeChat, and then for its stakes in dozens of other tech firms inside and outside of China. More than anything else, though, Tencent Holdings (OTCMKTS:TCEHY) is a video game publisher. Most prospective and even current owners of Tencent stock just don't realize it.Source: Shutterstock It matters. Early last year, Chinese regulators stopped approving new games altogether.Although they finally started to issue licenses again in December, curiously, none of those newly-approved titles came from Tencent. It did finally happen in late January, with two Tencent titles getting the green light.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMany more are in the queue though, and regardless, the damage has already been done. In the second quarter of last year, Tencent reported its first year-over-year earnings dip in thirteen years. * 15 Stocks Sitting on Huge Piles of Cash Things didn't get much better in the subsequent quarter. Indeed, in November the company announced it was cutting its marketing budget for a handful of games until there was some clarity as to win the normal pace of approvals would be restored.That still hasn't happened, although there's a light at the end of the tunnel. Right Business, Wrong TimeFor the record, while Tencent drives more revenue from video games, they still don't account for a technical majority of its sales. During its third quarter of last year, 32% of its top line was driven by online games. The next-biggest contributor was its social networking platforms, mostly WeChat, accounting for 22.5% of its business. The rest is made up of online advertising revenue.Still, games are its biggest business. In fact, the odds are good Tencent's online gaming arm sports better-than-average profit margins.Those margins have been pressured of late too, as the fast-moving and hyper-competitive mobile gaming market all but requires a flow of new titles.Case in point? Fortnite, which was developed by Epic Games, which happens to be 40% owned by Tencent. The online battle royale hit caught rivals like Electronic Arts (NASDAQ:EA) and Activision Blizzard (NASDAQ:ATVI) off-guard. Both have since adapted, but those responses didn't sway gamers or analysts at first, but eventually they did.In July of last year, the game's revenue growth slowed to a crawl, even before other game developers were able to begin marketing their rival games. It points to the limited life span of all video games.The game developer hasn't been able to offset that headwind though, thanks to a seemingly-targeted effort to chip away at its dominance, perhaps for its partnerships with U.S. companies against a backdrop of strained trade ties.Epic Games is based in North Carolina, while another partner called Glu Mobile (NASDAQ:GLUU) is based in California. Without explicitly saying so, China's regulators are favoring home-grown developers and punishing publishers with American ties.Or, perhaps China's video gaming regulators are concerned with nothing more than the violence and game-addiction they say they are. Tencent's game "Honor of Kings" is not only China's favorite and best-grossing title, it's also a violent fighting game.Whatever the reason, it's been slow, tough going for the company on this key front. Looking Ahead for Tencent StockAlthough it will never be clear if it's political, practical, or just coincidental, whatever the reason for the regulatory headwind it's working against Tencent stock.Still, working against Tencent stock. Although the company got a couple of new titles approved in January, the country's regulators suspended new application acceptance altogether, hoping to clear out a backlog of at least 5,000 titles that had been submitted since China's government stopped approving games in March of last year.There's no word as to when it will start accepting requests again, and only one new Tencent game called Journey to Fairyland 2 has gotten the green light since January's two approvals.In the meantime, Tencent only can wait.Investors can't wait though, not knowing when or even if the company will be able publish a new title. As is the case with all video games, Tencent runs the risk of its existing lineup of games losing players, chewing away at growth and profits.The one upside? It will be anything but a secret if China's overseers pick up the pace of new game approvals. The company will also be sure to share it when its games receive permission to be marketed.Tencent knows the key people watching TCEHY stock are making buy/sell decisions largely based on how accommodative regulators seem like they're going to be going forward.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post Tencent Stock Still Is at the Mercy of China's Video Game Regulators appeared first on InvestorPlace.

  • Reuters5 days ago

    Top gamer 'Ninja' made $1 million to promote EA's 'Apex Legends' launch - source

    $1 million if you are Tyler Blevins, known to millions as "Ninja," the world's most-followed computer gamer. Blevins was one of a few select professionals with huge followings pulled in by videogame giant Electronic Arts Inc to play and promote its latest title, "Apex Legends," in the first hours of the launch last month, generating a buzz that notched 10 million signups in the first three days. The amount underlines the increasingly cut-throat fight for dominance of the free-to-play battle royale genre that, through Epic Games' global smash hit "Fortnite", has pushed major publishers like Electronic Arts to change how they do business.

  • Top gamer 'Ninja' made $1 million to promote EA's 'Apex Legends' launch: source
    Reuters5 days ago

    Top gamer 'Ninja' made $1 million to promote EA's 'Apex Legends' launch: source

    $1 million if you are Tyler Blevins, known to millions as "Ninja," the world's most-followed computer gamer. Blevins was one of a few select professionals with huge followings pulled in by videogame giant Electronic Arts Inc to play and promote its latest title, "Apex Legends," in the first hours of the launch last month, generating a buzz that notched 10 million signups in the first three days. The amount underlines the increasingly cut-throat fight for dominance of the free-to-play battle royale genre that, through Epic Games' global smash hit "Fortnite", has pushed major publishers like Electronic Arts to change how they do business.

  • Investing.com6 days ago

    Video Game Stocks Pop Midday Amid M&A Rumors

    Speculation over a possible merger or acquisition of the company has been making the rounds of the market, Briefing.com reported. And call option volume in Take-Two and rival Activision Blizzard (NASDAQ:ATVI) jumped.

  • Electronic Arts: Has the Apex Legends Frenzy Fizzled Away?
    Market Realist6 days ago

    Electronic Arts: Has the Apex Legends Frenzy Fizzled Away?

    Wall Street Weighs In on Gaming Stocks in March(Continued from Prior Part)Electronic Arts Electronic Arts (EA) has seen upward price action of 25.5% this year. Other gaming stocks (NVDA) (AMD), including Activision Blizzard (ATVI) and Take-Two

  • Analysts See Some Upside in ATVI after Its 50% Fall
    Market Realist7 days ago

    Analysts See Some Upside in ATVI after Its 50% Fall

    Wall Street Weighs In on Gaming Stocks in March(Continued from Prior Part)Analysts see an upsideActivision Blizzard (ATVI) has lost 7.8% this year and is down almost 50% from its 52-week high.After the massive sell-off, analysts see some upside in

  • How Does TTWO’s Valuation Look after the Sell-Off?
    Market Realist7 days ago

    How Does TTWO’s Valuation Look after the Sell-Off?

    Wall Street Weighs In on Gaming Stocks in March(Continued from Prior Part)Take-Two Interactive SoftwareTake-Two Interactive Software (TTWO) has seen a fall of 12.7% this year based on its closing price on March 11. The stock is down 36% from its

  • Wall Street Weighs In on Gaming Stocks in March
    Market Realist7 days ago

    Wall Street Weighs In on Gaming Stocks in March

    Wall Street Weighs In on Gaming Stocks in MarchGaming stocks Gaming stocks are having a mixed year so far. If we consider price action, we’ll see that Electronic Arts (EA) has gained 25.5% YTD (year-to-date) based on its closing price on March 11.

  • Markit7 days ago

    See what the IHS Markit Score report has to say about Electronic Arts Inc.

    Electronic Arts Inc NASDAQ/NGS:EAView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for EA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting EA. Money flowETF/Index ownership | NegativeETF activity is negative but appears to be improving. Over the last one-month, outflows of investor capital in ETFs holding EA totaled $1.16 billion. However, outflows appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Could The EA Education Group Inc. (CNSX:EA) Ownership Structure Tell Us Something Useful?
    Simply Wall St.7 days ago

    Could The EA Education Group Inc. (CNSX:EA) Ownership Structure Tell Us Something Useful?

    If you want to know who really controls EA Education Group Inc. (CNSX:EA), then you'll have to look at the makeup of its share registry. Insiders often own a largeRead More...

  • 3 of the Best Stocks to Trade for the Week
    InvestorPlace8 days ago

    3 of the Best Stocks to Trade for the Week

    The market's bullish backdrop demands I throw out a few my favorite stocks to trade. These guys offer some of the best stock charts available and boast trends that point to more upside.Last Friday's price action is all you need to know about market sentiment right now. Equities gapped lower amid weak economic data from China and a poor employment report here in the U.S. And yet, the lower open was bought, and stock tread quietly higher all day long. The bullish reversal ended a week that gifted traders with a clear buy the dip opportunity.And if this morning's green open is any indication, bulls are already on the move. Today's picks all provide low-risk entries in uptrends that should have staying power.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Top Stocks to Buy From Goldman Sachs' Secret Portfolio Behold, 3 of the best stocks to trade for the week. 3 of the Best Stocks to Trade: Electronic Arts (EA) Click to Enlarge Source: ThinkorSwim The price action in Electronic Arts (NYSE:EA) has been incredibly volatile this year, but that hasn't prevented a bullish trend from forming. Aided by the debut of its insanely popular new Battle Royale game, Apex Legends, EA stock has gained 25% and boasts a rising 20-day and 50-day moving average.Since rocketing higher on news that Apex Legends was a hit, EA has since settled into a narrow trading range which makes it easy to identify clear price thresholds to trade around.$100 is the current ceiling keeping a lid on the stock. Once it breaks, however, a quick run to $110 could be in the cards. Consider selling the April $90/$85 bull put spread for around 80 cents if we get a pop above $100. Boeing (BA) Click to Enlarge Source: ThinkorSwim Boeing (NYSE:BA) may be the surprise inclusion to today's gallery in light of the fallout after the horrific plane crash over the weekend, but hear me out. First, this morning's gap lower carried the aerospace juggernaut directly into a handful of potential support zones, including a gap fill area from January's earnings release, and a cluster of old resistance pivots that formed the top of its yearlong trading range.Second, rather than embrace the new lower prices, buyers swiftly emerged to gobble up the fire sale. This morning's rapid upside reversal proves Boeing bulls are still in control and view the overnight plunge as an event to be bought, not sold. * 7 Dow Jones Stocks to Buy Volatility will likely persist for a spell, but if you are willing to bet the downside is minimal at this point, then sell the Apr $360/$350 bull put spreads for $1.85. Premiums are pumped, and you're receiving far more reward than usual. Microsoft (MSFT) Click to Enlarge Source: ThinkorSwim Microsoft (NASDAQ:MSFT) shares have toed the bullish line this year and last week's pullback was no exception. Rather than suffer a deep retracement, the selling in MSFT stock was minimal. Buyers emerged right on time to defend the rising 20-day moving average and create a strong upside reversal candle to carry the software giant into the weekend.With the Nasdaq surging this morning we're seeing continued momentum, and MSFT is now testing overhead resistance. I think a break of the $113 ceiling is inevitable and the stock will soon test its all-time high of $116.18.Implied volatility is scraping the lower end of its yearlong trading range, and that makes option buys a cheap play. Buy the May $110 call for $5.90As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Growth Stocks Racing to All-Time Highs * 5 Warren Buffett Stocks You Can't Go Wrong With * Game On for These 3 Gaming Stocks Compare Brokers The post 3 of the Best Stocks to Trade for the Week appeared first on InvestorPlace.

  • How Investors’ Exuberant Rush to Risky Stocks may Backfire
    Investopedia8 days ago

    How Investors’ Exuberant Rush to Risky Stocks may Backfire

    Recent optimism has seen investors rush back into risky stocks, but may be set for a pullback as global economic risks persist.

  • Comcast Eyeing Asia Expansion
    Market Realist8 days ago

    Comcast Eyeing Asia Expansion

    How Comcast and Disney Are Countering Headwinds(Continued from Prior Part)Comcast seeking a bigger piece of the $150 billion videogame market Comcast (CMCSA) has joined the race to buy Nexon, South Korea’s largest videogame publisher, according

  • What Happens When Streaming Takes Over Video Games?
    Motley Fool10 days ago

    What Happens When Streaming Takes Over Video Games?

    What happened to Hollywood and the recording industry seems destined to happen to video games next. What will change about the video game business, and who might benefit?

  • 'Fortnite' Free-To-Play Business Model Upending Video Game Stocks
    Investor's Business Daily11 days ago

    'Fortnite' Free-To-Play Business Model Upending Video Game Stocks

    The success of free-to-play games like "Fortnite: Battle Royale" is upending video game stocks. Console game publishers will need to embrace the trend, a Wall Street analyst said.

  • EA Stock Will Flourish Surge with Its Apex Legends Game
    InvestorPlace11 days ago

    EA Stock Will Flourish Surge with Its Apex Legends Game

    It's been a super volatile run, not just for Electronic Arts (NASDAQ:EA), but all of the video game stocks. Just a day after getting hammered on disappointing earnings, Electronic Arts stock began to climb aggressively on positive chatter surrounding its new game, Apex Legends. That chatter has only gotten better, with the game now eclipsing 50 million users in just 30 days.Source: Electronic ArtsIt's helping EA outperform its peers like Take-Two Interactive Software (NASDAQ:TTWO) and Activision Blizzard (NASDAQ:ATVI). The latter of those two, Activision, has just about everything going wrong for it. Conversely, TTWO has some solid momentum from its top game Red Dead Redemption 2, while EA has the most momentum at the moment. The question is, can that momentum continue? * 5 Airline Stocks In Serious Trouble How Far Can Apex Legends Go?Recently video game stocks hit a "perfect storm" of negative catalysts. First, they came into the fourth quarter red-hot, with many trading at or new all-time highs. Around the same time, Chinese regulators began censoring which video games the public could play and given the size of that market, it put a damper on video game stocks. Further, Nintendo (OTCMKTS:NTDOY) was riding strong Switch momentum.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFinally, and perhaps most problematic, Epic Games (40% owned by Tencent (OTCMKTS:TCEHY)) was disrupting the world with its Fortnite game, which hit 200 million users across all of its platforms before the end of 2018.That's exactly the response that Electronic Arts is looking for with Apex Legends. Or even more. With the game's 50 million users in 30 days, EA is outpacing the initial growth from Fortnite. If that growth can continue and if EA can eclipse the 100 million mark before the second half of 2019, investors will bid up Electronic Arts stock even more.While games like Apex Legends and Fortnite don't generate revenue on the initial sale of the game, they do generate revenue with low-priced in-game purchases. Many gamers loathe micro-transactions, but they are much more willing to shell out $2 here and $5 there if they didn't have to pay for the game to begin with.Getting 100+ million users on board and then living off micro-transactions isn't the worst business plan in the world. In fact, it's simply a digital version of the old razor/razor blade model. If Electronic Arts can gain traction with Apex Legends, EA stocks can gain traction too. The Bottom Line on EA StockNot everyone is aboard the Apex Legends train. There are a lot "ifs" still out there and concerns over its longevity. Cowen analysts point out that gamer interest is waning, with streaming on Twitch (owned by Amazon (NASDAQ:AMZN) now) falling from ~271.2K viewers to just 132.3K viewers. Conversely, Fortnite has increased from 114.6K to 149.9K.That said, Baird analysts say that with Apex Legends' 50 million active users and average revenue per user of $20, that it could join Fortnite as the only two free-to-play games to hit $1 billion in sales in their first 12 months.That's pretty solid and if the developers can keep interest levels high among gamers, it can garner even more momentum. Trading EA Stock Click to EnlargeA look at the chart above shows just how volatile of a ride it has been for EA stock. After falling from ~$93 to sub-$80 after earnings, EA eclipsed $100 just three days later, a rally of more than 25%! The stock has worked its way lower in recent weeks, as Electronic Arts digests the big move higher.Negative headlines about Apex Legends and other industry developments will likely weigh on EA. Conversely, positive headlines will aid the stock price. I don't like trading headlines, such as with Fed announcements or the trade situation between China and the U.S.,but that's the situation we have right now with EA.Should Electronic Arts stock fall below $92.50, I really want to see $90 hold. Both the 50-day and 100-day moving averages are near this mark and maintaining above this area would be encouraging. North of $90 and $93 also keeps EA above key Fibonacci retracement levels from the post-earnings range as well.Over short-term downtrend resistance (purple line) and the bulls can gather some momentum. Below $90 and some red flags will start to pop up on the charts.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post EA Stock Will Flourish Surge with Its Apex Legends Game appeared first on InvestorPlace.

  • Barrons.com11 days ago

    Dow Falls 200 Points Because the Market Sees Weakness Everywhere

    The ECB’s decision to ease monetary policy should have reassured investors, but instead it provoked anxiety about how bad the slowdown actually is and how far it could spread.