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Electronic Arts Stock Plunges on Outlook Cut
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Electronic Arts shares plunged Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.
Electronic Arts Stock Poised To Open At Over 1-Year Low After Lowering Outlook On Weak Football Game Franchise: Retail Keeps Faith
Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.
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.
Electronic Arts Stock: Gaming Giant Slumps on Profit Warning
Electronic Arts experienced a dramatic stock plunge of over 17% on Thursday, wiping approximately $6 billion off its market capitalization after significantly lowering its annual forecast. The gaming
Money Morning
10h
Why Did EA Stock Tumble to September 2023 Levels? Inside the Disheartening Bookings Update
Electronic Arts (EA) stock dropped more than 16% on Thursday following an update from the company. The stock is now trading ...
14h
on MSN
Why Electronic Arts Stock Just Crashed 17%
Wall Street analysts expected EA to earn at least $1.15 per share in fiscal Q3, but the actual news will be worse. To get ...
19h
EA Stock Slides 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 ...
9h
on MSN
EA’s stock posts biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles
After some two years of strong growth, Electronic Arts Inc.’s key soccer-gaming segment is struggling to keep up the momentum. And despite good reviews, its role-playing game “Dragon Age: The ...
10h
on MSN
S&P 500 Gains and Losses Today: Electronic Arts Drops as Game Maker Cuts Forecast
The S&P 500 gained 0.5% on Thursday, Jan. 23, reaching a record close as President Donald Trump pressed for lower oil prices ...
19h
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 ...
1d
on MSN
Electronic Arts says 'Dragon Age and EA Sports FC 25 underperformed' as it revises its financial outlook downward
Electronic Arts has revised its projected revenues for the 2025 fiscal year sharply downward in a preliminary financial ...
10h
on MSN
Tech, Media & Telecom Roundup: Market Talk
Find insight on Electronic Arts, consumer spending on videogames, Meta and more in the latest Market Talks covering ...
18h
Electronic Arts price target lowered to $134 from $158 at Roth MKM
Roth MKM analyst Eric Handler lowered the firm’s price target on Electronic Arts (EA) to $134 from $158 and keeps a Neutral rating on the ...
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