Wedbush Has Bearish Forecast for Nintendo Q4 Earnings

Key Points

• Wedbush analysts have reduced Nintendo's Q4 2026 earnings estimate to $0.06 per share, down from $0.09, despite maintaining a "Strong-Buy" rating on the stock.
• Nintendo reported a net margin of 19.61% and $3.80 billion in revenue for the last quarter, meeting analysts' earnings expectations of $0.09 per share.
• Institutional investors recently increased their stakes in Nintendo, with significant investments from firms like Azimuth Capital and GAMMA Investing, indicating growing confidence in the company's prospects.

Nintendo Co. (OTCMKTS:NTDOY - Free Report) - Equities researchers at Wedbush dropped their Q4 2026 earnings per share estimates for shares of Nintendo in a research report issued to clients and investors on Monday, August 4th. Wedbush analyst A. Reese now anticipates that the company will post earnings of $0.06 per share for the quarter, down from their prior estimate of $0.09. Wedbush has a "Strong-Buy" rating on the stock. The consensus estimate for Nintendo's current full-year earnings is $0.44 per share. Wedbush also issued estimates for Nintendo's Q1 2027 earnings at $0.13 EPS.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09. Nintendo had a net margin of 19.61% and a return on equity of 9.92%. The firm had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $448.24 billion.

A number of other brokerages also recently issued reports on NTDOY. Citigroup assumed coverage on Nintendo in a report on Friday, May 2nd. They set a "buy" rating on the stock. Benchmark upgraded Nintendo to a "strong-buy" rating in a research report on Monday, May 19th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy".

Nintendo Trading Up 4.3%

NTDOY traded up $1.02 during midday trading on Wednesday, reaching $24.49. The company's stock had a trading volume of 1,565,817 shares, compared to its average volume of 1,724,142. The firm has a market capitalization of $127.19 billion, a price-to-earnings ratio of 58.30 and a beta of 0.64. The stock's 50-day moving average is $21.92 and its 200-day moving average is $19.66. Nintendo has a 1 year low of $12.00 and a 1 year high of $24.50.

Institutional Investors Weigh In On Nintendo

Several large investors have recently added to or reduced their stakes in NTDOY. First Horizon Advisors Inc. raised its stake in Nintendo by 34.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,462 shares of the company's stock valued at $59,000 after acquiring an additional 637 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Nintendo by 13.6% in the second quarter. PNC Financial Services Group Inc. now owns 6,040 shares of the company's stock valued at $145,000 after purchasing an additional 724 shares during the period. Confluence Investment Management LLC lifted its holdings in shares of Nintendo by 1.5% during the second quarter. Confluence Investment Management LLC now owns 56,080 shares of the company's stock worth $1,347,000 after purchasing an additional 843 shares during the period. Appleton Partners Inc. MA grew its position in Nintendo by 1.5% in the 1st quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company's stock valued at $2,245,000 after buying an additional 1,969 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Nintendo by 24.1% in 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. 0.02% of the stock is owned by hedge funds and other institutional investors.

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.