Wall Street predicts Electronic Arts, Inc (EA) stock to drop by -8.95%

A share price of Electronic Arts, Inc [EA] is currently trading at $164.01, up 1.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EA shares have gain 2.90% over the last week, with a monthly amount glided 13.62%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Electronic Arts, Inc [NASDAQ: EA] stock has seen the most recent analyst activity on October 31, 2024, when DZ Bank upgraded its rating to a Buy and also boosted its price target to $177 from $135. Previously, Goldman reaffirmed its Neutral rating on July 31, 2024, and elevated its price target to $150. On July 16, 2024, Oppenheimer reiterated its Outperform rating and revised its price target to $170 on the stock. Citigroup downgraded its rating to a Neutral and increased its price target to $161 on July 15, 2024. Stifel reiterated a Buy rating for this stock on January 18, 2024, and upped its price target to $155. In a note dated January 09, 2024, BMO Capital Markets initiated an Outperform rating and provided a target price of $160 on this stock.

Electronic Arts, Inc experienced fluctuations in its stock price throughout the past year between $124.92 and $164.42. Currently, Wall Street analysts expect the stock to reach $149.33 within the next 12 months. Electronic Arts, Inc [NASDAQ: EA] shares were valued at $164.01 at the most recent close of the market. An investor can expect a potential drop of -8.95% based on the average EA price forecast.

Analyzing the EA fundamentals

Trailing Twelve Months sales for Electronic Arts, Inc [NASDAQ:EA] were 7.39B which represents 6.52% growth. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.14 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 160.78 points at the first support level, and at 157.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 165.85, and for the 2nd resistance point, it is at 167.68.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Electronic Arts, Inc [NASDAQ:EA] is 1.43. In addition, the Quick Ratio stands at 1.43 and the Cash Ratio stands at 0.79. Considering the valuation of this stock, the price to sales ratio is 5.72, the price to book ratio is 5.83 and price to earnings (TTM) ratio is 42.12.

Transactions by insiders

Recent insider trading involved Miele Laura, President of EA Entertainment, that happened on Nov 06 ’24 when 2500.0 shares were sold. Officer, LAURA MIELE completed a deal on Nov 06 ’24 to buy 7500.0 shares. Meanwhile, Chief People Officer Singh Vijayanthimala sold 1000.0 shares on Nov 01 ’24.

Related Posts