Electronic Arts (NASDAQ:EA) Raised to "Strong-Buy" at Wedbush

Electronic Arts (NASDAQ:EA - Get Free Report) was upgraded by Wedbush to a "strong-buy" rating in a research note issued to investors on Tuesday,Zacks.com reports. Wedbush also issued estimates for Electronic Arts' Q1 2026 earnings at ($0.36) EPS, Q2 2026 earnings at $1.67 EPS, Q3 2026 earnings at $3.62 EPS, Q4 2026 earnings at $1.27 EPS, FY2026 earnings at $6.16 EPS, Q1 2027 earnings at ($0.06) EPS, Q2 2027 earnings at $1.69 EPS, Q3 2027 earnings at $3.74 EPS, Q4 2027 earnings at $1.44 EPS and FY2027 earnings at $6.78 EPS.

Other research analysts also recently issued research reports about the company. Citigroup reissued a "neutral" rating and issued a $153.00 price target (up previously from $139.00) on shares of Electronic Arts in a research note on Thursday, May 29th. UBS Group raised their price objective on Electronic Arts from $152.00 to $167.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Roth Capital raised Electronic Arts from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $175.00 to $185.00 in a research note on Tuesday, June 24th. Ascendiant Capital Markets raised their price objective on Electronic Arts from $157.00 to $160.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Finally, JPMorgan Chase & Co. raised their price objective on Electronic Arts from $135.00 to $160.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 7th. Fourteen analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $162.80.

Electronic Arts Trading Down 1.1%

Shares of EA stock traded down $1.68 during trading hours on Tuesday, reaching $155.35. The company had a trading volume of 1,321,185 shares, compared to its average volume of 2,821,253. The company has a 50 day moving average of $150.64 and a 200 day moving average of $142.43. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market cap of $39.03 billion, a price-to-earnings ratio of 30.58, a P/E/G ratio of 2.11 and a beta of 0.73. Electronic Arts has a 1-year low of $115.21 and a 1-year high of $168.50.

Insider Buying and Selling

In other news, insider Laura Miele sold 2,500 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $155.57, for a total value of $388,925.00. Following the completion of the transaction, the insider owned 40,189 shares in the company, valued at $6,252,202.73. This trade represents a 5.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jacob J. Schatz sold 1,500 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $145.65, for a total value of $218,475.00. Following the completion of the transaction, the executive vice president owned 19,033 shares of the company's stock, valued at $2,772,156.45. The trade was a 7.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,729 shares of company stock worth $4,784,679 over the last 90 days. 0.24% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Electronic Arts

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Electronic Arts by 0.5% during the first quarter. Vanguard Group Inc. now owns 29,052,085 shares of the game software company's stock worth $4,198,607,000 after purchasing an additional 150,438 shares during the period. Capital International Investors grew its holdings in Electronic Arts by 5.2% during the fourth quarter. Capital International Investors now owns 12,156,791 shares of the game software company's stock worth $1,778,553,000 after purchasing an additional 605,796 shares during the period. Geode Capital Management LLC grew its holdings in Electronic Arts by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 6,702,586 shares of the game software company's stock worth $978,650,000 after purchasing an additional 30,929 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Electronic Arts by 6.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,430,409 shares of the game software company's stock worth $648,169,000 after purchasing an additional 270,991 shares during the period. Finally, Independent Franchise Partners LLP grew its holdings in Electronic Arts by 2.3% during the first quarter. Independent Franchise Partners LLP now owns 3,945,702 shares of the game software company's stock worth $570,233,000 after purchasing an additional 88,767 shares during the period. Institutional investors own 90.23% of the company's stock.

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.