Electronic Arts Inc. (EA)
| Market Cap | 34.03B |
| Revenue (ttm) | 7.66B |
| Net Income (ttm) | 1.08B |
| Shares Out | 267.35M |
| EPS (ttm) | 3.97 |
| PE Ratio | 32.06 |
| Forward PE | 16.79 |
| Dividend | $0.76 (0.60%) |
| Ex-Dividend Date | Feb 27, 2024 |
| Volume | 1,831,274 |
| Open | 126.05 |
| Previous Close | 125.63 |
| Day's Range | 125.74 - 127.46 |
| 52-Week Range | 117.47 - 144.53 |
| Beta | 0.77 |
| Analysts | Buy |
| Price Target | 147.00 (+15.5%) |
| 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 20 analysts, the average rating for EA stock is "Buy." The 12-month stock price forecast is $147.0, which is an increase of 15.50% from the latest price.
News
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.
EA to lay off 5% of workforce, or about 670 employees
EA's announcement marks the latest round of layoffs among video game companies in recent months.
Join the F1® Grid for the Season Start - Select 2024 Cars and Liveries Available Now in F1® 23 With Pre-Order of F1® 24 - Launching Worldwide May 31
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- #F124--Today Electronic Arts Inc. (NASDAQ: EA) announced that F1® 23 players can jump into Time Trial challenges with selected all-new 2024 team cars prior to t...
We're spending more on leisure and travel. These 11 stocks will soak it up.
Leisure stocks are likely to outperform this year as emboldened consumers kick back and relax. Here's more on three economic trends supporting this trend and 11 stocks to consider, according to five m...
EA's college-football videogame is ‘taking advantage' of players with $600 payment
Electronic Arts Inc. has finally revealed how much it will pay college athletes to appear in its highly anticipated upcoming videogame “EA Sports College Football 25.”
EA Sports To Give College Football Players $600 To Appear In New Game
EA sports, a giant in college and professional sports video gaming, will give college football players $600 to appear in their upcoming EA Sports “College Football 25” game, the first time student ath...
EA's ‘College Football 25' Will Release This Summer—Here's What We Know As Franchise Makes Anticipated Return
EA Sports' college football franchise will return this summer, the video game company announced Thursday, after the franchise was discontinued over a decade ago amid ongoing lawsuits over whether coll...
EA CEO shares his thoughts on a sports metaverse
In Electronic Arts‘ earnings conference call, an analyst asked EA CEO Andrew Wilson what he thought about the opportunity for building a metaverse from EA's various sports silos. Wilson said it was an...
EA earnings get boost from EA Sports FC with bookings hitting $2.36B
Electronic Arts reported financials for its fiscal third quarter ended December 31 with results driven by its EA Sports FC.
Soccer game's popularity is delivering for EA — and creating a higher bar to clear for growth
Videogame maker Electronic Arts Inc. saw a modest uptick in gaming demand during the holiday season, helped by gains in its “EA Sports FC” soccer franchise, but signaled a slowdown in a key demand met...
Electronic Arts misses quarterly bookings estimates on weak consumer spending
Electronic Arts missed estimates for quarterly bookings on Tuesday, as lower spending and stiff competition hurt demand for its gaming titles.