Nintendo (OTCMKTS:NTDOY) Stock Rating Lowered by Wedbush

Key Points

• Nintendo has been downgraded from an "outperform" to a "neutral" rating by Wedbush in recent analyst reports.
• The company's stock opened at $23.55 and has a market capitalization of $122.34 billion, with a price-to-earnings ratio of 56.07.
• Institutional investors, including GAMMA Investing LLC and First Horizon Advisors Inc., have significantly increased their stakes in Nintendo, indicating continued interest in the stock.

Wedbush downgraded shares of Nintendo (OTCMKTS:NTDOY - Free Report) from an outperform rating to a neutral rating in a report released on Wednesday morning, MarketBeat Ratings reports. Wedbush also issued estimates for Nintendo's Q4 2026 earnings at $0.05 EPS, Q2 2027 earnings at $0.15 EPS, Q3 2027 earnings at $0.33 EPS, FY2027 earnings at $0.75 EPS and FY2028 earnings at $0.81 EPS.

Nintendo Price Performance

Nintendo stock traded down $0.25 during midday trading on Wednesday, reaching $21.84. The stock had a trading volume of 1,358,568 shares, compared to its average volume of 1,472,577. The firm's fifty day simple moving average is $22.76 and its two-hundred day simple moving average is $20.80. Nintendo has a twelve month low of $12.00 and a twelve month high of $24.92. The firm has a market cap of $113.45 billion, a price-to-earnings ratio of 52.00 and a beta of 0.56.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.09 EPS for the quarter, hitting analysts' consensus estimates of $0.09. The firm had revenue of $3.80 billion during the quarter, compared to analyst estimates of $448.24 billion. Nintendo had a net margin of 19.61% and a return on equity of 9.77%. Nintendo has set its FY 2026 guidance at 0.450-0.450 EPS. As a group, sell-side analysts predict that Nintendo will post 0.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Nintendo

A number of institutional investors have recently modified their holdings of NTDOY. First Horizon Advisors Inc. boosted its stake in shares of Nintendo by 192.5% during the 1st quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company's stock valued at $31,000 after buying an additional 1,201 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Nintendo by 16.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company's stock valued at $91,000 after buying an additional 749 shares during the period. GAMMA Investing LLC boosted its stake in shares of Nintendo by 24.1% during the 1st quarter. GAMMA Investing LLC now owns 16,062 shares of the company's stock valued at $276,000 after buying an additional 3,114 shares during the period. Confluence Investment Management LLC boosted its stake in shares of Nintendo by 1.5% during the 2nd quarter. Confluence Investment Management LLC now owns 56,080 shares of the company's stock valued at $1,347,000 after buying an additional 843 shares during the period. Finally, Impala Asset Management LLC acquired a new stake in shares of Nintendo in the 2nd quarter valued at $1,720,000. Institutional investors and hedge funds own 0.02% of the company's stock.

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.