Several analysts have recently updated their ratings and price targets for Electronic Arts (NASDAQ: EA):

  • 5/28/2017 – Electronic Arts had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $114.00 price target on the stock. They wrote, “We hosted a series of investor meetings with Electronic Arts Chief Executive Officer Andrew Wilson and Chief Financial Officer Blake Jorgensen.””
  • 5/22/2017 – Electronic Arts was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $109.98 price target on the stock.
  • 5/15/2017 – Electronic Arts was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $109.98 price target on the stock.
  • 5/15/2017 – Electronic Arts had its “buy” rating reaffirmed by analysts at MKM Partners. They now have a $112.00 price target on the stock, up previously from $109.00.
  • 5/12/2017 – Electronic Arts was downgraded by analysts at Hilliard Lyons from a “buy” rating to a “neutral” rating.
  • 5/11/2017 – Electronic Arts was upgraded by analysts at Ascendiant Capital Markets from a “hold” rating to a “buy” rating. They now have a $122.00 price target on the stock.
  • 5/11/2017 – Electronic Arts had its “outperform” rating reaffirmed by analysts at Robert W. Baird.
  • 5/10/2017 – Electronic Arts was given a new $115.00 price target on by analysts at Mizuho. They now have a “buy” rating on the stock.
  • 5/10/2017 – Electronic Arts was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Electronic Arts reported fourth quarter fiscal 2017 results wherein earnings came in much lower than prior year quarter whereas revenues increased year over year. Continued increases in digital revenues and strength in mobile games (Star Wars: Galaxy of Heroes) and FIFA 17 as well as Battlefield 1 were the driving factors. Apart from growing digital business, cost optimization initiatives will be beneficial going forward. However, the video game industry is hit driven. Though EA has a powerful line up of games that can be repeatedly upgraded, there is no assurance that a particular game will be a hit. We believe the underperformance of any title would affect results. Even stiff competition is a big concern. Though shares have outperformed the Zacks industry over the past one year, the stock trades at high P/B multiple, at current market price, which restricts its upside potential. “
  • 5/10/2017 – Electronic Arts had its price target lowered by analysts at Piper Jaffray Companies from $119.00 to $99.00. They now have an “overweight” rating on the stock.
  • 5/10/2017 – Electronic Arts had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $123.00 price target on the stock, up previously from $110.00.
  • 5/10/2017 – Electronic Arts had its price target raised by analysts at Macquarie from $105.00 to $108.00. They now have an “outperform” rating on the stock.
  • 5/10/2017 – Electronic Arts had its price target raised by analysts at Credit Suisse Group AG from $109.00 to $114.00. They now have an “outperform” rating on the stock.
  • 5/10/2017 – Electronic Arts had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $105.00 price target on the stock, up previously from $94.00.
  • 5/8/2017 – Electronic Arts had its “neutral” rating reaffirmed by analysts at Bank of America Corp. They now have a $104.00 price target on the stock.
  • 5/8/2017 – Electronic Arts was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $99.98 price target on the stock.
  • 5/5/2017 – Electronic Arts had its “buy” rating reaffirmed by analysts at MKM Partners. They now have a $109.00 price target on the stock, up previously from $95.00.
  • 5/3/2017 – Electronic Arts was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Electronic Arts' is one of the leading video game publishers. However, the video game industry is hit driven. Though EA has a powerful line up of games that can be repeatedly upgraded, there is no assurance that a particular game will be a hit. We believe the underperformance of any title would affect results. Even stiff competition is a big concern. Though shares have outperformed the Zacks industry over the past one year, the stock trades at high P/B multiple, at current market price, which restricts its upside potential. However, we believe that EA’s digital business will continue to grow in fiscal 2017 and beyond, primarily on the back of a strong mobile business. Moreover, cost optimization initiatives will be beneficial going forward. Estimates have remained stable ahead of the upcoming earnings release. “
  • 5/1/2017 – Electronic Arts had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $99.00 price target on the stock.
  • 4/26/2017 – Electronic Arts had its “overweight” rating reaffirmed by analysts at Pacific Crest. They now have a $112.00 price target on the stock.
  • 4/25/2017 – Electronic Arts had its price target raised by analysts at Cowen and Company from $85.00 to $90.00. They now have a “market perform” rating on the stock.
  • 4/21/2017 – Electronic Arts was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Electronic Arts' is one of the leading video game publishers. However, the video game industry is hit driven. Though EA has a powerful line up of games that can be repeatedly upgraded, there is no assurance that a particular game will be a hit. We believe the underperformance of any title would affect results. Even stiff competition is a big concern. Though shares have outperformed the Zacks industry over the past one year, the stock trades at high P/B multiple, at current market price, which restricts its upside potential. However, we believe that EA’s digital business will continue to grow in fiscal 2017 and beyond, primarily on the back of a strong mobile business. Moreover, cost optimization initiatives will be beneficial going forward.”
  • 4/20/2017 – Electronic Arts had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $94.00 price target on the stock.
  • 4/20/2017 – Electronic Arts was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $94.20 price target on the stock.
  • 4/13/2017 – Electronic Arts had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $80.00 price target on the stock.
  • 4/12/2017 – Electronic Arts was upgraded by analysts at Vetr from a “strong sell” rating to a “buy” rating. They now have a $94.20 price target on the stock.
  • 4/10/2017 – Electronic Arts had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $110.00 price target on the stock.
  • 4/4/2017 – Electronic Arts was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Electronic Arts' revenues continues to register strong growth year over year driven by strength in digital business and releases like Battlefield and FIFA 17. The company also raised its fiscal 2017 revenue guidance. Management stated that strength in franchises like Battlefield, FIFA and Star Wars: Galaxy of Heroes will continue to fuel long-term growth. Moreover, EA expects the “live services components” of these franchises to emerge as a future growth driver. We believe that EA’s digital business is expected to continue to grow in fiscal 2017 and beyond, primarily on the back of a strong mobile business. Moreover, cost optimization initiatives will be beneficial going forward. Additionally, over the past one year, the company has outperformed the broader market. However, competitive and hit driven nature of the industry begets caution.”

Shares of Electronic Arts Inc. (NASDAQ:EA) traded up 0.64% on Tuesday, reaching $112.85. 2,360,111 shares of the company were exchanged. The stock has a market capitalization of $34.99 billion, a P/E ratio of 36.64 and a beta of 0.65. Electronic Arts Inc. has a 12 month low of $71.01 and a 12 month high of $114.16. The stock has a 50 day moving average price of $98.43 and a 200-day moving average price of $87.00.

Electronic Arts (NASDAQ:EA) last posted its earnings results on Tuesday, May 9th. The game software company reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by $0.03. Electronic Arts had a return on equity of 27.22% and a net margin of 28.10%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the company posted $0.50 earnings per share. Electronic Arts’s revenue for the quarter was up 16.7% compared to the same quarter last year. On average, equities analysts expect that Electronic Arts Inc. will post $4.22 EPS for the current fiscal year.

In other news, Director Denise Warren sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $108.84, for a total transaction of $108,840.00. Following the completion of the transaction, the director now directly owns 13,665 shares of the company’s stock, valued at approximately $1,487,298.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jay C. Hoag sold 6,769 shares of the firm’s stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $111.45, for a total transaction of $754,405.05. The disclosure for this sale can be found here. Over the last three months, insiders have sold 319,958 shares of company stock valued at $31,496,564. 3.46% of the stock is owned by company insiders.

Electronic Arts Inc develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. The Company’s games and services are based on a portfolio of intellectual property that includes established brands, such as FIFA, Madden NFL, Star Wars, Battlefield, the Sims and Need for Speed.

Receive News & Ratings for Electronic Arts Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electronic Arts Inc and related companies with MarketBeat.com's FREE daily email newsletter.