148.93 0.00 (0.00%)
After hours: 4:38PM EDT
|Bid||146.21 x 800|
|Ask||149.35 x 800|
|Day's Range||147.71 - 150.00|
|52 Week Range||99.63 - 151.26|
|PE Ratio (TTM)||44.59|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||149.40|
Electronic Arts’ (EA) digital revenue has risen significantly over the last few years. Players are now purchasing games as digital downloads instead of physical discs, driven by EA’s live services, which aim to enhance players’ experience and include micro-transactions, subscriptions, extra content, and esports. In fiscal 2018, its digital revenue rose 20% YoY (year-over-year) and accounted for 67% of its total revenue.
Electronic Arts (EA) stock has risen 18.4% since the company announced its fiscal Q4 2018 results on May 8. The stock is currently trading at $146.68, which is 47% above its 52-week low of $99.63 and 3% below its 52-week high of $151.26.
Today Electronic Arts Inc. (EA) officially unveiled the Madden NFL 19 and Madden NFL Overdrive cover athlete featuring Pittsburgh Steelers star Wide Receiver, Antonio Brown. Madden NFL 19 is set to push players onto the path of gridiron greatness with more precision and control than ever before worldwide on August 10th. Rebuilt from the ground up to deliver a completely revamped football experience, Madden NFL Overdrive is the new update for mobile available August 15th, 2018 on iOS and Android.
Electronic Arts (EA) is expected to report its fiscal Q1 2019 results on July 26. Analysts expect the company’s revenue to fall 3.9% YoY (year-over-year) to $744.46 million from $775 million. The company’s non-GAAP EPS are expected to fall significantly YoY, to $0.07 from $0.31. Peer gaming companies Activision Blizzard (ATVI), Take-Two Interactive (TTWO), and Zynga (ZNGA) are expected to announce their quarterly results on August 2, August 2, and July 31, respectively.
Strong in-game content sales helped EA record two quarters of solid earnings results and send its stock price to record highs.
Esports, or competitions centered on video gaming, has reached new heights in popularity. Since Activision (NASDAQ:ATVI) created its Overwatch League for competitive gaming, esports have increased in popularity. Over 360 million watched streamed video of the League of Legends competition.
Electronic Arts (EA) benefits from strength in its digital business backed by live services and mobile games, and its popular franchises.
Activision Blizzard (NASDAQ:ATVI) investors quickly found that out recently when ATVI stock shot up more than 3%. Unlike what prior generations have witnessed, video games no longer represent solely a personal hobby. It can be that, of course, but today, video games have taken on a much more competitive outlook.
Moody's Investors Service ("Moody's") upgraded Electronic Arts, Inc.'s ("EA") senior unsecured debt ratings to Baa1 from Baa2. The upgrade to Baa1 is supported by the company's continuing modest debt leverage and excellent liquidity position, both of which stems from managements conservative financial policies.
Electronic Arts (EA) announces acquisition of Industrial Toys in its efforts to keep pace with the ongoing shift from physical to digital versions of video games.
Among the companies with shares expected to trade actively in Tuesday's session are Microsoft, PepsiCo, Amazon.com, Walmart, Walt Disney and eBay.
Founded in 2012, Industrial Toys made the mobile shooter games “Midnight Star” and its sequel “Midnight Star: Renegade.”
Pasadena, Calif.-based Industrial Toys raised more than $8 million from investors including Pritzker Group and Accel, according to PitchBook Data.
MARKET PULSE Electronic Arts Inc. (ea) said late Monday that it had acquired Industrial Toys, a Pasadena, Calif.-based game maker that is responsible for "Midnight Star." Terms of the deal were not disclosed.
Electronic Arts Inc. will release its financial results for the first fiscal quarter ended June 30, 2018 after the close of market on Thursday, July 26, 2018. In conjunction with this release, EA will host a conference call to review its financial results for the first quarter, discuss its outlook for the future and may disclose other material developments affecting its business and/or financial performance....
Ubisoft Entertainment (OTCMKTS:UBSFY) finds itself in a transitional moment. French media giant Vivendi (OTCMKTS: VIVHY) had long been trying to acquire the rest of Ubisoft. Vivendi owned 27.3% of Ubisoft stock and wanted to take over the whole enterprise.
David Gardner shares five sporty and international buys for the next four years, and looks back on his Brexit-inspired picks from two years ago.
Viewership for competitive gaming already may have surpassed Major League Baseball and National Hockey League.
Game Now Includes UFC Hall of Famer Tito Ortiz and 2018 UFC Hall of Fame inductee Matt Serra, along with UFC / PRIDE legends Mirko Cro Cop and Wanderlei Silva and fan favorite Kimb