NTDOY - Nintendo Co., Ltd.

Other OTC - Other OTC Delayed Price. Currency in USD
47.05
+0.35 (+0.75%)
At close: 3:59PM EDT
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Previous Close46.70
Open46.62
Bid0.00 x 0
Ask0.00 x 0
Day's Range46.50 - 47.09
52 Week Range31.38 - 48.68
Volume157,598
Avg. Volume336,068
Market Cap45.201B
Beta (3Y Monthly)1.29
PE Ratio (TTM)32.61
EPS (TTM)1.44
Earnings DateN/A
Forward Dividend & Yield1.48 (3.18%)
Ex-Dividend Date2019-03-28
1y Target Est73.97
Trade prices are not sourced from all markets
  • Nintendo Will Fix Switch Joy-Con "Drift" For Free
    Gamespot Videos

    Nintendo Will Fix Switch Joy-Con "Drift" For Free

    Recently, reports emerged that the Nintendo Switch's Joy-Con controllers are liable to "drift," or move without any input from the user. This is a problem. And now Nintendo is addressing it. Vice obtained an internal Nintendo customer support memo that states that support members are now being told to offer users free repairs for the broken controllers, no questions asked and even if the controllers no longer fall under Nintendo's warranty. Additionally, those who paid for repairs are being offered refunds.

  • Nintendo announces Switch Lite, Amazon may be working on a home robot
    CNET

    Nintendo announces Switch Lite, Amazon may be working on a home robot

    In this week's most important stories, Nintendo unveils a more portable version of the Switch. Meanwhile, a report says Amazon is readying a robot because why not?

  • Can Gaming Bounce Back to Boost NVIDIA (NVDA) Q2 Earnings?
    Zacks

    Can Gaming Bounce Back to Boost NVIDIA (NVDA) Q2 Earnings?

    NVIDIA's (NVDA) second-quarter fiscal 2020 earnings performance is envisioned to benefit from a turnaround in the gaming market.

  • SNES controller for Switch shows up in FCC filing, hinting at SNES games for Nintendo Online
    TechCrunch

    SNES controller for Switch shows up in FCC filing, hinting at SNES games for Nintendo Online

    Nintendo looks set to release wireless SNES controllers for the NintendoSwitch, which likely means it'll also be bringing classic SNES titles to itsNintendo Online virtual gaming library

  • Buckle Up—Gamescom 2019 Is Coming
    Market Realist

    Buckle Up—Gamescom 2019 Is Coming

    After the E3 2019 (Electronic Entertainment Expo) in June, gamers are getting ready for the next big gaming event, Gamescom 2019.

  • Can Tencent Help Nintendo Enter China’s Gaming Space?
    Market Realist

    Can Tencent Help Nintendo Enter China’s Gaming Space?

    There is a lot of buzz around gaming leader Nintendo, which is partnering with the world’s largest gaming company, Tencent, to enter the Chinese market.

  • There's no evidence to back up Trump's claim that video games cause mass shootings
    Yahoo Finance

    There's no evidence to back up Trump's claim that video games cause mass shootings

    Trump is trying to lay the blame for the weekend's mass shootings on video games, but there's no evidence to back it up.

  • Reuters

    Tencent, Nintendo to localize Switch games for China

    Tencent and Nintendo said on Friday they were working together to localize the Japanese gaming firm's well-known Switch games for the Chinese market and set up a server through the Chinese company's cloud service. The two companies made the comments in a statement posted on their joint Weibo account, which did not mention when the console might be launched in China or its price. Chinese tech giant Tencent won a key approval in April to start selling the Nintendo Switch in China, paving the way for the console to enter the world's largest video games market two years after it was first released worldwide.

  • Nintendo Aims to Keep Switch Momentum Going With Upcoming Releases
    Motley Fool

    Nintendo Aims to Keep Switch Momentum Going With Upcoming Releases

    The Switch game system saw an increase in both hardware and software sales last quarter, and management has a lot more in store to drive growth.

  • Buying the E-Sports Boom
    Zacks

    Buying the E-Sports Boom

    Buying the E-Sports Boom

  • Nintendo Switch sales are up, even with new models on the way
    TechCrunch

    Nintendo Switch sales are up, even with new models on the way

    Quarterly sales for the Switch remained brisk for Nintendo’s most recent quarterly earnings. With the new quarter factored in, Switch sales are now at 36.9 million for the life of the product. Nintendo, meanwhile, expects total unit sales to hit 18 million for the full year.

  • Nintendo quarterly profit drops 10% ahead of Switch Lite launch
    Reuters

    Nintendo quarterly profit drops 10% ahead of Switch Lite launch

    Japanese gaming company Nintendo Co Ltd on Tuesday reported a 10% decline in quarterly profit, far wide of market expectations, as a rise in costs dulled stronger sales of its hybrid home-portable Switch console. The Kyoto-based gaming company said it sold 2.1 million Switch consoles in the quarter, bringing the total installed base to 36.9 million units. It maintained its full-year sales forecast of 18 million units for the year ending March.

  • Will China ETFs Survive the Moving Out of US Firms?
    Zacks

    Will China ETFs Survive the Moving Out of US Firms?

    We take a look at some Chinese ETFs in the wake of increasing number of U.S. manufacturers relocating their production units to other Southeast Asian countries.

  • Nintendo faces class action lawsuit over Switch controller 'drift'
    Engadget

    Nintendo faces class action lawsuit over Switch controller 'drift'

    As successful as the Nintendo Switch has been , there's been a consistent headache: Joy-Con drift. Many gamers have reported the controllers' analog sticks registering non-existent input (hence drifting), forcing players to either adapt or send the peripherals in for repairs. There may be legal pressure to do something, though. Lawyers at Chimicles Schwartz Kriner & Donaldson-Smith have filed a class action lawsuit in the US against Nintendo alleging that its sells Joy-Cons knowing they're "defective." The suit also maintains that Nintendo refuses to fix the drifting for free, and hasn't even acknowledged the issue despite widespread reports.

  • How Will Nvidia Stock Hold Up Amid Tough Competition From AMD?
    InvestorPlace

    How Will Nvidia Stock Hold Up Amid Tough Competition From AMD?

    Nvidia (NASDAQ:NVDA) is a pioneering maker of graphics processing units for gaming and professional markets. Since Oct. 2018, Nvidia stock price has been under pressure and over the past 12 months, Nvidia stock has slumped about 32%.Source: Shutterstock For years, NVDA stock has been a leader in the increasingly competitive graphics-card market. Today, I want to discuss the recent battle for market share between Nvidia and Advanced Micro Devices (NASDAQ:AMD), which has been regarded as the perennial runner-up to NVDA. * 7 Defense Stocks to Buy to Fortify Your Portfolio AMD is expected to report its Q2 earnings on July 24, about three weeks before the expected release of Nvidia's earnings. Therefore, in addition to paying attention to Nvidia 's fundamentals, investors may want to pay close close attention to AMD's results, which may very well impact Nvidia stock price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors Regard NVDA as the Premiere Graphics Chip StockPreviously much loved by investors, especially in 2017 and most of 2018, Nvidia stock gets a lot of attention, compared with other chip stocks. In 2015, Nvidia stock price was hovering around $20. In Oct. 2018, it hit an all-time high of $292.76. On Dec. 26, 2018, it reached a 52-week low of $124.46. In late morning trading today, Nvidia stock price was about $170.NVIDIA sells two main products: graphics processing units (GPU) and Tegra processors. GPUs accelerate central processing units (CPUs), boosting the performance of video and graphics and improving computers' overall performance.Nvidia's GPUs are used in PCs and data centers. Tegra is a system-on-a-chip (SoC) suite developed by Nvidia for mobile devices. For example, Nintendo's (OTCMKTS:NTDOY) Switch uses Tegra. But Tegra only accounts for about 10% of NVDA's total revenues.The company's GPUs have earned a superior reputation compared to competing products, particularly within the gaming industryGamers have not hesitated to pay considerably more for better performance. And for years, NVDA's superior product quality and performance have translated into large revenue and market share, boosting Nvidia stock price. What to Expect From Nvidia's Q2 EarningsNVDA is expected to report its earnings on Aug. 15. When NVDA reports its results, Wall Street will pay attention to the company's five segments that drive NVDA's revenues, i.e., gaming, data center, professional visualization, automotive, and edge computing.Gaming accounts for over 40% of Nvidia's total revenue. During Q1, the unit's revenue tumbled 39% YoY. Investors are quite worried about the company's fundamental growth outlook, which is mostly based on its GPUs for gaming and artificial-intelligence servers. Nvidia's EPS and Nvidia stock price are very closely linked to the sales trends of its GPUs.NVDA's chips had been dominant in PCs. However, a higher percentage of the industry's games are being played on consoles now, and NVDA's GPUs aren't usually incorporated into consoles. Sony (NYSE:SNE) is, for example, using AMD's products in its consoles.Analysts have noted that the crypto craze, which for the most part waned in 2018, can no longer be relied upon to further boost Nvidia's GPU business. Long-term owners of Nvidia stock may well remember that the increase in Nvidia stock price in 2015 largely coincided with the popularity of cryptocurrencies like Bitcoin. Indeed, NVDA's fall from grace started with the collapse of the cryptocurrency craze, which has dealt a blow to the top and bottom lines of NVDA.Wall Street it also concerned that NVDA's automotive business, based on the advent of artificial intelligence (AI)-powered autonomous vehicles, may suffer in coming months. Currently, automotive is the smallest of all of NVDA segments, accounting for just over 5% of its revenue.The current U.S.-China trade war has not helped NVDA, either, as nearly a quarter of Nvidia's sales comes from China. The headwinds of the sector make many analysts wonder whether NVDA can, in the near future, regain the kind of rapid and sustained growth that investors had grown used to in recent years.In its Q1 results, reported in May 2019, NVDA beat analysts' average revenue estimate by 1 %. Furthermore, NVDA expects its full-year revenue to be flat in fiscal 2020. In recent years, Nvidia has managed to keep its revenues intact, in part by increasing its prices. But now that AMD is becoming a serious contender, can NVDA continue to rely on price hikes? Could NVDA Be Dragged Into a Price War?Nvidia is dominant in graphics processing units (GPUs). And until 2019, Advanced Micro Devices (NASDAQ:AMD) mostly played catch-up with Nvidia in GPUs.But during the current quarter, AMD is expected to start selling graphics cards utilizing its 7-nanometer (nm) chips, which are touted as highly power-efficient. As AMD launches its Navi graphics cards featuring the company's 7-nanometer chips, it's confident that its GPUs will take market share from NVDA's chips in the gaming segment.Over the past few weeks, responding to AMD's new products, Nvidia's management has taken several steps,. Specifically, NVDA launched new "Super" versions of its RTX GPR offerings, i.e., RTX 2060, 2070, and 2080. These new versions are considerably faster than their predecessors, but NVDA is selling the new chips at the same prices as the old ones, effectively cutting its prices.AMD responded by reducing its own prices, making investors wonder if either chip maker will benefit from these recent developments. Should Long-Term Investors Buy Nvidia Stock Now?Despite the semiconductor industry's headwinds and cut-throat competition from AMD, there is strong demand for Nvidia's graphics processors, for use not only in video games but also in data centers and work stations. Industry experts also regard NVDA as a top player in the AI chip space, and its graphics chips are highly sought after for use in deep-learning applications.NVDA is also exploring smart-city solutions, which exploit its proficiency in artificial intelligence and data analytics. In other words, the company is somewhat shifting its focus from processors to providing the full technical backbone for AI ecosystems. As the use of artificial intelligence and machine learning continues to rapidly grow, NVDA's AI business could expand exponentially.As new frontiers in technology, such as the internet of things (IoT), artificial intelligence, autonomous driving, and 5G, are developed, I am hopeful that Nvidia's earnings will climb tremendously, lifting Nvidia stock price. Thus, I am also upbeat on the long-term outlook of NVDA.However, in the short-term, effectively lowering its prices to compete with AMD may not necessarily translate into larger market share and a higher stock price for Nvidia.Although Nvidia stock will likely reward long-term investors, tech stocks may remain volatile over the next few weeks. A couple of negative earnings-related or macro-economic news headlines may drive many stocks, including Nvidia, down. Such a decline of Nvidia stock price could provide long-term investors with a better entry point.Investors may consider waiting on the sidelines if they do not currently have any positions in Nvidia stock. I'd consider going long the stock if its price drops back below $150. The shares will be even more attractive on a drop toward $125.Investors who already own NVDA may consider either taking some money off the table or hedging their positions. As for hedging strategies, covered calls or put spreads that expire on Aug. 16 could be appropriate, as straight put purchases are likely to be expensive due to the heightened volatility of NVDA.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post How Will Nvidia Stock Hold Up Amid Tough Competition From AMD? appeared first on InvestorPlace.

  • Tencent Teams Up With Nintendo-Backed Pokemon to Create Games
    Bloomberg

    Tencent Teams Up With Nintendo-Backed Pokemon to Create Games

    (Bloomberg) -- Tencent Holdings Ltd. and Pokemon Co. will jointly develop games, an alliance that may help the Nintendo Co.-backed company crack the world’s largest mobile gaming arena.Tencent, whose WeChat social media service is used by more than a billion people across China, said its TiMi Studio Group will take the lead in developing titles with the Japanese company behind the popular monster-hunting franchise. The two have struck a broad agreement on collaboration, Tencent said in a post on its official Weibo blog without elaborating.The social media giant could prove a strong ally for Nintendo and Pokemon Co. in China, where local titles dominate and gamers have shunned consoles in favor of smartphones and PCs. Developers there have also complained of rampant piracy, where popular titles tend to trigger a wave of copy-cats.Tencent’s own “Let’s Hunt Monsters” has drawn fire for adopting many features of viral phenom ‘Pokemon Go,’ from the use of real-world locations to how players toss balls to capture monsters. The title has consistently ranked among the 30 highest-grossing apps in China, according to researcher Sensor Tower.Pokemon Co., in which Nintendo owns a significant stake, is looking to follow up on its surprise hit Pokemon Go, which created a sensation in the gaming community by letting users hunt monsters and prizes in the real world with their smartphones. In May, it unveiled several new initiatives at an event in Tokyo, including a Detective Pikachu sequel for the Switch console and a new device for tracking sleep.Tencent, in turn, gains a strong franchise to bolster its international presence. The Chinese company seeks growth beyond China and its executives have been keen to assuage game developers’ concerns about intellectual property infringement.“While Tencent has focused mostly on China in the past, we are now looking at the gaming sector with a much more global perspective,” TiMi executive Vincent Gao said in an interview in June. “This will make the company pay better attention to IP protection.”To contact the reporter on this story: Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Lulu Yilun ChenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Nintendo quietly upgrades the Switch with up to 9 hours of battery life
    Engadget

    Nintendo quietly upgrades the Switch with up to 9 hours of battery life

    The murmurs of an upgraded Switch were true -- although you might want to put hopes for a Switch Pro on ice, at least for now. Nintendo has quietly unveiled a new revision of the standard Switch with dramatically improved battery life. Instead of the original's 2.5 to 6.5 hours, the new model manages a much healthier 4.5 to 9 hours. That's about 5.5 hours of Legend of Zelda: Breath of the Wild versus the earlier three hours, Nintendo estimated. You shouldn't have problems playing through a cross-country flight.

  • Nintendo introduces a Switch model refresh with better battery life
    TechCrunch

    Nintendo introduces a Switch model refresh with better battery life

    This update improvesthe hardware right where it counts when it comes to Switch portable playingpower

  • 3 Reasons Nintendo Switch Lite Will Boost Hardware Sales
    Motley Fool

    3 Reasons Nintendo Switch Lite Will Boost Hardware Sales

    All the signs point to strong sales for Nintendo's newest hardware.

  • Nintendo (NTDOY) is an Incredible Growth Stock: 3 Reasons Why
    Zacks

    Nintendo (NTDOY) is an Incredible Growth Stock: 3 Reasons Why

    Nintendo (NTDOY) could produce exceptional returns because of its solid growth attributes.

  • Where Will Nintendo Be in 5 Years?
    Motley Fool

    Where Will Nintendo Be in 5 Years?

    The Japanese game maker has more going for it than just the Switch gaming device.

  • Benzinga

    Wedbush: Nintendo's New Switch Lite A Sales Driver

    Shares of Nintendo Ltd/ADR (OTC: NTDOY ) were on the rise again Thursday after an upgrade from Wedbush following the company’s announcement of the handheld Nintendo Switch Lite. The Analyst Michael Pachter ...

  • Amazon Ups Ante in Gaming Space With Leyou Partnership
    Zacks

    Amazon Ups Ante in Gaming Space With Leyou Partnership

    Amazon (AMZN) is partnering with Leyou Technologies in order to co-develop online multiplayer game based on The Lord of the Rings.

  • Nintendo is working on a minor upgrade for the original Switch
    Engadget

    Nintendo is working on a minor upgrade for the original Switch

    A new Nintendo Switch might be on the way. No, we're not talking about the Switch Lite , or the long-rumored Switch Pro , which as its theoretical name implies would offer a sizeable bump in performance. As The Verge notes , some FCC filings suggest that Nintendo is refreshing the original Switch with a new processor and flash storage. The specifics are vague (one document literally says "change of SoC type") but it's safe to assume they'll be small upgrades that don't require a special model name. Sony, for comparison, took a similar approach with its quieter PS4 Pro last year .