Recent Research Analyst Ratings Updates for Electronic Arts (EA)


electronic arts (NASDAQ: EA) recently received a number of price target changes and ratings updates:

  • 05/11/2022 – Electronic Arts has been downgraded by StockNews.com analysts from a “buy” rating to a “hold” rating.
  • 05/11/2022 – Electronic Arts has been upgraded by analysts at Moffett Nathanson from a “neutral” rating to a “buy” rating. They now have a price target of $141.00 on the stock, down from $151.00 previously.
  • 11/5/2022 – Electronic Arts has had its price target lowered by Wells Fargo & Company analysts from $155.00 to $145.00.
  • 5/11/2022 – Electronic Arts has had its price target lowered by analysts at Cowen Inc. from $180.00 to $158.00.
  • 11/5/2022 – Electronic Arts has had its price target lowered by Wedbush analysts from $180.00 to $164.00.
  • 5/11/2022 – Electronic Arts has had its price target lowered by analysts at Cowen Inc from $180.00 to $158.00.
  • 5/11/2022 – Electronic Arts has had its price target lowered by Robert W. Baird analysts from $165.00 to $140.00.
  • 5/11/2022 – Electronic Arts has had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $170.00 to $165.00.
  • 5/11/2022 – Electronic Arts has had its price target lowered by Raymond James analysts from $158.00 to $150.00.
  • 5/11/2022 – Electronic Arts has had its price target lowered by Credit Suisse Group AG analysts from $169.00 to $162.00.
  • 04/22/2022 – Electronic Arts is now covered by Sanford C. Bernstein analysts. They set an “outperform” rating and a price target of $157.00 on the stock.
  • 04/21/2022 – Electronic Arts has had its price target lowered by Stifel Nicolaus analysts from $165.00 to $155.00.
  • 04/19/2022 – Electronic Arts has been downgraded by analysts at The Goldman Sachs Group, Inc. from a “buy” rating to a “neutral” rating. They now have a price target of $145.00 on the stock, down from $183.00 previously.
  • 3/31/2022 – Electronic Arts is now covered by StockNews.com analysts. They set a “buy” rating on the stock.

Electronic Arts shares opened Wednesday at $128.47. Electronic Arts Inc. has a 12-month low of $109.24 and a 12-month high of $148.93. The stock’s fifty-day simple moving average is $123.58 and its 200-day simple moving average is $129.01. The company has a current ratio of 1.18, a quick ratio of 1.20 and a debt ratio of 0.25. The company has a market capitalization of $36.13 billion, a P/E ratio of 46.55, a P/E/G ratio of 1.96 and a beta of 0.82.

Electronic Arts (NASDAQ:EA – Get Rating) last released its results on Tuesday, May 10. The gaming software company reported EPS of $0.80 for the quarter, missing the consensus estimate of $1.43 per ($0.63). The company posted revenue of $1.75 billion in the quarter, versus $1.77 billion expected by analysts. Electronic Arts achieved a net margin of 11.29% and a return on equity of 18.99%. The company’s quarterly revenue increased by 17.5% compared to the same quarter last year. During the same period last year, the company achieved EPS of $0.72. Sell-side analysts expect Electronic Arts Inc. to post earnings per share of 5.69 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 22. Investors of record on Wednesday, June 8 will receive a dividend of $0.19. This represents an annualized dividend of $0.76 and a yield of 0.59%. The ex-dividend date is Tuesday, June 7. This is a positive change from Electronic Arts’ previous quarterly dividend of $0.17. Electronic Arts’ dividend payout rate is 24.64%.

In other Electronic Arts news, COO Laura Miele sold 3,100 shares of the company in a trade on Monday, May 2. The shares were sold at an average price of $119.23, for a total value of $369,613.00. Following completion of the transaction, the COO now owns 20,329 shares of the company, valued at $2,423,826.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, accessible via this hyperlink. Additionally, insider Vijayanthimala Singh sold 800 shares of the company in a trade on Tuesday, March 1. The shares were sold at an average price of $130.55, for a total transaction of $104,440.00. The disclosure of this sale can be found here. Insiders have sold 43,700 shares of the company worth $5,514,109 in the past three months. 0.65% of the shares are currently held by company insiders.

Institutional investors and hedge funds have recently changed their positions in the company. BlackRock Inc. raised its position in Electronic Arts by 1.9% in the fourth quarter. BlackRock Inc. now owns 23,528,573 shares of the gaming software company valued at $3,103,418,000 after purchasing an additional 436,684 shares during the period. Vanguard Group Inc. increased its position in Electronic Arts by 0.7% in the first quarter. Vanguard Group Inc. now owns 21,802,596 shares of the gaming software company valued at $2,758,246,000 after purchasing an additional 149,746 shares during the period. State Street Corp raised its position in Electronic Arts by 0.5% in the fourth quarter. State Street Corp now owns 14,178,078 shares of the gaming software company valued at $1,870,088,000 after purchasing an additional 74,982 shares during the period. Wellington Management Group LLP increased its position in Electronic Arts by 18.7% in the first quarter. Wellington Management Group LLP now owns 11,792,775 shares of the games software company valued at $1,491,902,000 after purchasing an additional 1,859,869 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in Electronic Arts by 3.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 11,078,541 shares of the gaming software company valued at $1,401,546,000 after purchasing an additional 409,382 shares during the period. Institutional investors and hedge funds hold 89.28% of the company’s shares.

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 in various genres, such as sports, racing, first-person shooter, action, role-playing and simulation, mainly under Battlefield, The Sims, Apex Legends, Need for Speed, and Plants vs.

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