Electronic Arts (NASDAQ:EA – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 7.040-7.650 for the period, compared to the consensus earnings per share estimate of 7.580. The company issued revenue guidance of $7.4 billion-$7.7 billion. Electronic Arts also updated its FY25 guidance to $3.83-4.33 EPS.
Analyst Ratings Changes
EA has been the subject of a number of research reports. Raymond James upped their price objective on Electronic Arts from $155.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Stifel Nicolaus raised their price objective on shares of Electronic Arts from $165.00 to $167.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Morgan Stanley reaffirmed an “equal weight” rating and set a $150.00 target price on shares of Electronic Arts in a report on Wednesday, September 18th. Bank of America boosted their price objective on shares of Electronic Arts from $150.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $154.00 target price on shares of Electronic Arts in a report on Wednesday, October 16th. Eight analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $162.76.
Get Our Latest Stock Report on EA
Electronic Arts Trading Up 1.0 %
Electronic Arts (NASDAQ:EA – Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The game software company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.06. Electronic Arts had a return on equity of 16.34% and a net margin of 15.77%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. On average, research analysts predict that Electronic Arts will post 5.93 EPS for the current fiscal year.
Insider Activity
In other Electronic Arts news, insider Vijayanthimala Singh sold 1,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $151.70, for a total value of $151,700.00. Following the sale, the insider now owns 30,190 shares in the company, valued at $4,579,823. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Electronic Arts news, insider Vijayanthimala Singh sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $151.70, for a total value of $151,700.00. Following the transaction, the insider now directly owns 30,190 shares in the company, valued at $4,579,823. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Andrew Wilson sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $145.87, for a total transaction of $364,675.00. Following the transaction, the chief executive officer now directly owns 51,747 shares in the company, valued at approximately $7,548,334.89. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 24,770 shares of company stock valued at $3,652,410. 0.22% of the stock is currently owned by insiders.
About Electronic Arts
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.
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