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Electronic Arts Stock Plunges on Outlook Cut
Electronic Arts Cuts Fiscal-Year Outlook on Weakness Across Soccer Titles
EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion to $2.6 billion.
Soccer Comes Up Short for Electronic Arts
Electronic Arts was hoping for a big year with the release of its soccer title, EA Sports FC 2025. But it got mixed reviews and EA ditched the "FIFA" branding. Sales of the game and of "Dragon Age: The Veilguard" failed to meet expectations in the quarter.
Baird cuts Electronic Arts stock target to $158, keeps Outperform
Baird research firm adjusted its outlook on Electronic Arts (NASDAQ:EA) shares, with analyst Colin Sebastian reducing the video game company's price target to $158 from the previous $175, while maintaining an Outperform rating.
EA Shares Plunge on Earnings Warning
EA shares slump after annual forecast cut fans fears over soccer franchise
Shares of Electronic Arts sank 17% on Thursday after the videogame maker cut its annual forecast, sparking fears over the future of its soccer franchise that has been a cornerstone of its gaming empire.
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.
EA Shares Plunge on Earnings Warning After Weak Soccer, ‘Dragon Age’ Games
Shares of Electronic Arts Inc. plunged 18% Thursday morning, the biggest decline since 2008, after the gaming company warned its financial results would be weaker than expected due to poor sales results of two titles released over the holidays.
Electronic Arts lowers its financial forecast
Electronic Arts (EA) has said ‘Dragon Age: The Veilguard’ has missed the company’s internal expectations
The Veilguard' has missed the company’s internal expectations by nearly 50 percent, with roughly 1.5 million players having "engaged" with the title during the third quarter of the fiscal year.
EA Reveals Dragon Age: The Veilguard Missed Sales Targets
The Veilguard did not meet sales expectations, as revealed by publisher Electronic Arts. The action RPG from BioWare, released at the end of October last year, broke the concurrent player record for a game from the developer at launch,
Electronic Arts lowers its financial forecast after EA Sports FC 25 and Dragon Age: The Veilguard “underperform”
Electronic Arts announced that it will be lowering its 2025 financial forecast. The decision was made after EA Sports FC and Dragon Age: The Veilguard failed to meet the videogame company’s projections.
1h
on MSN
Why Electronic Arts Stock Just Crashed 17%
Shares of the video games mogul crashed 17.5% through 11:55 a.m. ET Thursday morning after preannouncing fiscal Q3 2025 ...
8h
EA Stock Stumbles After Videogame Maker Warns of Soccer Slowdown
Yellow card. Investors penalized Electronic Arts after it warned of a slowdown in its key soccer business—home to the "EA ...
1h
Electronic Arts Inc. (EA) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK CITY, NY / ACCESS Newswire / January 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of ...
2h
Why Take-Two Interactive Stock Is Sinking Today
Take-Two Interactiv e ( TTWO) stock is falling in Thursday's trading. The video company's share price was down 2.7% as of ...
5h
Shares of Electronic Arts headed for worst day since 2008
Investors have to go back to the broad stock-market meltdown during the global financial crisis to find a worse day for shares of Electronic Arts Inc. Shares were down 17.5% after the videogame maker ...
8h
Electronic Arts price target lowered to $140 from $165 at Oppenheimer
Oppenheimer lowered the firm’s price target on Electronic Arts (EA) to $140 from $165 and keeps an Outperform rating on the shares. The firm ...
4h
EA shares plunge 19%, on track for worst day since dot-com bubble
Electronic Arts shares plummeted on Thursday after the video game publisher cut its forecast, due largely to challenges with its soccer franchise.
3h
Electronic Arts' Growth Questioned: Analyst Downgrades Stock Amid Struggles In Gaming Engagement
BofA Securities downgrades Electronic Arts from Buy to Neutral, citing weak player engagement and potential structural issues in the gaming market.
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