Electronic Arts Inc. (EA)

NASDAQ: EA · IEX Real-Time Price · USD
127.89
-1.29 (-1.00%)
At close: Apr 12, 2024, 4:00 PM
128.26
+0.37 (0.29%)
After-hours: Apr 12, 2024, 6:46 PM EDT
-1.00%
Market Cap 34.19B
Revenue (ttm) 7.66B
Net Income (ttm) 1.08B
Shares Out 267.35M
EPS (ttm) 3.97
PE Ratio 32.21
Forward PE 16.87
Dividend $0.76 (0.59%)
Ex-Dividend Date Feb 27, 2024
Volume 1,690,988
Open 128.53
Previous Close 129.18
Day's Range 127.60 - 128.94
52-Week Range 117.47 - 144.53
Beta 0.77
Analysts Buy
Price Target 147.00 (+14.94%)
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]

Founded 1982
Employees 13,400
Stock Exchange NASDAQ
Ticker Symbol EA
Full Company Profile

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 Statements

Analyst 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 14.94% from the latest price.

Price Target
$147.0
(14.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

3 days ago - VentureBeat

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.

3 days ago - VentureBeat

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.

16 days ago - Market Watch

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.

19 days ago - Forbes

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.

26 days ago - CNBC Television

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...

6 weeks ago - Business Wire

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.

6 weeks ago - TechXplore

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...

6 weeks ago - Deadline

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.

6 weeks ago - Market Watch

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.

6 weeks ago - VentureBeat

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.

6 weeks ago - WSJ

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.

6 weeks ago - Reuters

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.

6 weeks ago - CNBC

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Market Watch

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.”

7 weeks ago - Market Watch

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...

7 weeks ago - Forbes

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...

2 months ago - Forbes

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...

2 months ago - VentureBeat

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.

2 months ago - VentureBeat

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...

2 months ago - Market Watch

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.

2 months ago - Reuters

Electronic Arts Reports Strong Q3 FY24 Results

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) today announced preliminary financial results for its third quarter ended December 31, 2023. “Our incredible teams delivered a ...

2 months ago - Business Wire

China's Stimulus Could Boost These 6 Stocks

Nike, Las Vegas Sands, and four others look set to benefit from a move by the People's Bank of China, according to Evercore.

Other symbols: APTVLVSNKESTTWYNN
2 months ago - Barrons

EA SPORTS™ Announces First Ever EA SPORTS FC™ Team of The Year, Celebrating the Best Men's and Women's Footballers of 2023

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Today, Electronic Arts, Inc. (NASDAQ: EA) unveiled the EA SPORTS FC™ Team of The Year (TOTY), including the first ever Women's TOTY Final XI, honouring the very ...

3 months ago - Business Wire