Electronic Arts (NASDAQ:EA) Releases FY25 Earnings Guidance

Electronic Arts (NASDAQ:EA) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.83-4.33 for the period, compared to the consensus estimate of $4.07. The company issued revenue guidance of $7.5-7.8 billion, compared to the consensus revenue estimate of $7.62 billion. Electronic Arts also updated its Q3 guidance to $0.85-1.02 EPS.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on EA shares. Citigroup lowered shares of Electronic Arts from a “buy” rating to a “neutral” rating and increased their target price for the stock from $148.00 to $161.00 in a research note on Monday, July 15th. Jefferies Financial Group started coverage on shares of Electronic Arts in a report on Thursday, July 11th. They issued a “buy” rating and a $165.00 target price for the company. JPMorgan Chase & Co. lifted their target price on shares of Electronic Arts from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Monday, July 15th. Bank of America raised their price target 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, UBS Group raised their price target on shares of Electronic Arts from $143.00 to $155.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Electronic Arts currently has an average rating of “Moderate Buy” and an average target price of $162.76.

Electronic Arts Stock Performance

EA traded up $1.44 on Tuesday, reaching $145.62. The company had a trading volume of 2,699,417 shares, compared to its average volume of 2,049,727. Electronic Arts has a 1 year low of $119.92 and a 1 year high of $153.51. The stock has a market capitalization of $38.70 billion, a PE ratio of 30.81, a P/E/G ratio of 1.97 and a beta of 0.79. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average price of $144.90 and a 200-day moving average price of $139.76.

Electronic Arts (NASDAQ:EA) last announced its quarterly earnings results on Tuesday, July 30th. The game software company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.06. Electronic Arts had a net margin of 15.77% and a return on equity of 16.34%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.21 billion. As a group, research analysts forecast that Electronic Arts will post 5.93 EPS for the current fiscal year.

Insider Activity at Electronic Arts

In related news, CEO Andrew Wilson sold 2,500 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $148.88, for a total value of $372,200.00. Following the completion of the sale, the chief executive officer now directly owns 56,747 shares of the company’s stock, valued at $8,448,493.36. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Electronic Arts news, insider Vijayanthimala Singh sold 7,384 shares of Electronic Arts stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $149.91, for a total value of $1,106,935.44. Following the transaction, the insider now directly owns 31,190 shares in the company, valued at approximately $4,675,692.90. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Andrew Wilson sold 2,500 shares of Electronic Arts stock in a transaction on Monday, August 26th. The shares were sold at an average price of $148.88, for a total transaction of $372,200.00. Following the completion of the transaction, the chief executive officer now owns 56,747 shares in the company, valued at approximately $8,448,493.36. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 24,770 shares of company stock valued at $3,652,410 over the last ninety days. Insiders own 0.22% of the company’s stock.

Electronic Arts Company Profile

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.