Nintendo (OTCMKTS:NTDOY) Upgraded at Wedbush

Nintendo (OTCMKTS:NTDOY - Get Free Report) was upgraded by analysts at Wedbush to a "strong-buy" rating in a research note issued to investors on Tuesday,Zacks.com reports. Wedbush also issued estimates for Nintendo's Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.08 EPS, FY2026 earnings at $0.45 EPS, Q1 2027 earnings at $0.11 EPS, Q2 2027 earnings at $0.14 EPS, Q3 2027 earnings at $0.24 EPS, Q4 2027 earnings at $0.13 EPS and FY2027 earnings at $0.62 EPS.

NTDOY has been the topic of several other research reports. Benchmark upgraded Nintendo to a "strong-buy" rating in a research note on Monday, May 19th. The Goldman Sachs Group started coverage on Nintendo in a report on Tuesday, March 25th. They set a "buy" rating on the stock. Finally, Citigroup initiated coverage on Nintendo in a research report on Friday, May 2nd. They issued a "buy" rating on the stock. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy".

Nintendo Stock Down 0.3%

Shares of OTCMKTS NTDOY traded down $0.07 during trading on Tuesday, reaching $22.75. 387,161 shares of the stock were exchanged, compared to its average volume of 1,840,499. The company has a market capitalization of $118.18 billion, a price-to-earnings ratio of 58.33 and a beta of 0.63. The business's 50-day moving average price is $21.18 and its 200 day moving average price is $18.41. Nintendo has a twelve month low of $11.36 and a twelve month high of $24.09.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Nintendo had a net margin of 23.81% and a return on equity of 10.51%. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $215.06 billion. As a group, sell-side analysts expect that Nintendo will post 0.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nintendo

Hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC lifted its position in shares of Nintendo by 2,029.9% during the first quarter. GAMMA Investing LLC now owns 275,785 shares of the company's stock worth $4,735,000 after purchasing an additional 262,837 shares during the last quarter. Sterling Capital Management LLC acquired a new stake in Nintendo during the fourth quarter valued at approximately $605,000. Generali Investments CEE investicni spolecnost a.s. bought a new position in Nintendo during the 4th quarter worth approximately $2,633,000. SVB Wealth LLC bought a new position in Nintendo during the 4th quarter worth approximately $192,000. Finally, Appleton Partners Inc. MA grew its position in shares of Nintendo by 1.5% in the 1st quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company's stock worth $2,245,000 after acquiring an additional 1,969 shares in the last quarter. Institutional investors own 0.02% of the company's stock.

About Nintendo

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.