Electronic Arts Inc. (EA)
| Market Cap | 34.18B |
| Revenue (ttm) | 7.66B |
| Net Income (ttm) | 1.08B |
| Shares Out | 267.35M |
| EPS (ttm) | 3.97 |
| PE Ratio | 32.18 |
| Forward PE | 17.49 |
| Dividend | $0.76 (0.59%) |
| Ex-Dividend Date | May 29, 2024 |
| Volume | 2,293,435 |
| Open | 128.14 |
| Previous Close | 129.16 |
| Day's Range | 126.34 - 128.90 |
| 52-Week Range | 117.47 - 144.53 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 147.71 (+15.62%) |
| Earnings Date | May 7, 2024 |
About EA
Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands. The company licenses its games to third parties to distribute and host its games. ... [Read more]
Financial Performance
In 2022, EA's revenue was $7.43 billion, an increase of 6.22% compared to the previous year's $6.99 billion. Earnings were $802.00 million, an increase of 1.65%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for EA stock is "Buy." The 12-month stock price forecast is $147.71, which is an increase of 15.62% from the latest price.
News
EA SPORTS™ Gives First Look at Gameplay, Modes & Fan-Favorite Ways to Play in EA SPORTS College Football 25
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) and EA SPORTS™ today revealed the highly anticipated modes and features that headline EA SPORTS™ College Football 25, and gave ...
EA SPORTS™ College Football 25 Launches Worldwide on July 19 With Donovan Edwards, Quinn Ewers & Travis Hunter on the Cover
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA), in advance of the game's full reveal tomorrow, today unveiled the historic covers of EA SPORTS™ College Football 25, which fea...
What's Next For Electronic Arts Stock After A Q4 Miss And Soft FY25 Guidance?
Electronic Arts Electronic Arts (NYSE: EA) recently reported its Q4 fiscal 2024 results (fiscal ends in March), with revenues and earnings falling below the street estimates. The company reported net ...
Three-Stock Lunch: Shopify, Anheuser-Busch InBev SA, & Electronic Arts
Eva Ados, ERShares COO and chief investment strategist, joins CNBC's 'Power Lunch' to discuss investment plays for three stocks: Shopify, Anheuser-Busch InBev SA, and Electronic Arts.
EA CEO wants games to be a platform for socialization and self-expression
Andrew Wilson, CEO of EA, said that in North America, engagement for the top 10 franchises has increased market share since fiscal 2022.
EA misses targets and offers weak forecasts for annual bookings (updated)
Video game publisher Electronic Arts forecasted full-year bookings for the coming year that fell below Wall Street's expectations.
Electronic Arts forecasts lower annual bookings as gamers cut back amid high inflation
Video game publisher Electronic Arts forecast full-year bookings below Wall Street estimates on Tuesday, hit by weak spending on its flagship titles such as "FC 24" and "Madden NFL 24" amid an uncerta...
Electronic Arts Reports Q4 and FY24 Results
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) today announced preliminary financial results for its fourth quarter and fiscal year ended March 31, 2024. “This year, EA deliv...
Say hello (again) to EA Sports College Football. The beloved video-game behemoth is back
In a Michigan basement decked out in maize and blue, a father sat with his son.
Discover Vibrant Realms and Bantu Myths in Tales of Kenzera™: ZAU, Surgent Studios' Heartfelt Indie Adventure
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Today, Electronic Arts Inc. (NASDAQ: EA) and Surgent Studios welcome adventurers to embark on a magnetic coming-of-age story of perseverance in Tales of Kenzera™...
Be One of the 20 - F1® 24 Delivers All-New Dynamic Handling, Overhauled Career and More
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- #f124--Today Electronic Arts Inc. (NASDAQ: EA) unveiled the full feature set for F1® 24, an official game of the FIA Formula One World Championship™, launching ...
Top 5 Tech And Telecom Stocks That May Rocket Higher This Month - Angi (NASDAQ:ANGI), Direct Digital Holdings (NASDAQ:DRCT)
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
EA to Release Fourth Quarter and Fiscal Year 2024 Results on May 7, 2024
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) will release its financial results for the fiscal quarter and year ended March 31, 2024 after the close of market on Tuesday, M...
EA Play subscription prices increase on May 10, live now for new members
EA Play subscribers will soon have to pay more money if they want to continue using the publisher's all-you-can-play service.
EA shifts Motive to Battlefield, reportedly shelves Dead Space 2 remake
Motive Studio has formed a team that will work on the Battlefield franchise. Reportedly, it also recently shelved a Dead Space 2 remake.
It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.
What's Next For Electronic Arts Stock After Over 15% Rise In A Year?
Electronic Arts stock (NYSE: EA) trades at around $130, similar to levels seen in late 2021. This compares with an increase of about 10% for the S&P 500 over this roughly two-year period.
EA Sports President talks signing 10,000+ players onto College Football 2025
Cam Weber, EA Sports president, joins 'Power Lunch' to discuss EA Sports' over 10,000 NCAA Football player NIL deal.
EA to Present at the Morgan Stanley Technology, Media & Telecom Conference
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) today announced that Andrew Wilson, CEO, will present at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday...
Electronic Arts cutting about 5% of workforce with layoffs ongoing in gaming and tech sector
Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years.
Electronic Arts Plans Layoffs Of Five Percent Of Workforce, Cancels ‘Star Wars' Game
Electronic Arts, which makes such games as Madden NFL and Apex Legends, said today that it plans to lay off five percent of its employees and will discontinue work on several games. The announcement c...
EA to lay off about 5% of its workforce, end development of some videogames
Videogame maker Electronic Arts Inc. said Wednesday it will cut about 5% of its workforce and plans to cancel some games in development.
EA cuts 670 roles, cancelling Respawn Star Wars FPS and more
Electronic Arts is cutting 5% of its staff and shifting focus to its owned IP, sunsetting new licensed games like Respawn's Star Wars FPS.
Electronic Arts to Slash About 5% of Workforce
Electronic Arts plans to cut about 5% of its workforce in a restructuring as it looks to reduce its real-estate footprint and modify its portfolio.
Electronic Arts to lay off 5% of workforce
Videogame maker Electronic Arts said on Wednesday it would reduce 5% of its workforce and expects to incur about $125 million to $165 million in charges as part of the restructuring plan.