Wedbush Predicts Nintendo's Q2 Earnings (OTCMKTS:NTDOY)

Key Points

• Wedbush has lowered its earnings estimates for Nintendo's Q2 2026 from $0.09 to $0.07 per share, while maintaining a "Strong-Buy" rating on the stock.
• Nintendo reported a quarterly EPS of $0.09, matching the consensus estimate, with revenue of $3.80 billion for the quarter.
• Despite the negative outlook for future earnings, Nintendo currently has an average rating of "Buy" from analysts, with several hedge funds increasing their stakes in the company.

Nintendo Co. (OTCMKTS:NTDOY - Free Report) - Equities research analysts at Wedbush cut their Q2 2026 EPS estimates for shares of Nintendo in a report released on Monday, August 4th. Wedbush analyst A. Reese now forecasts that the company will post earnings of $0.07 per share for the quarter, down from their previous estimate of $0.09. Wedbush currently 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 Q3 2026 earnings at $0.24 EPS, FY2026 earnings at $0.51 EPS, Q3 2027 earnings at $0.32 EPS, FY2027 earnings at $0.74 EPS, Q1 2028 earnings at $0.14 EPS and FY2028 earnings at $0.80 EPS.

A number of other brokerages also recently commented on NTDOY. Benchmark raised shares of Nintendo to a "strong-buy" rating in a research report on Monday, May 19th. Citigroup assumed coverage on Nintendo in a report on Friday, May 2nd. They set a "buy" rating for the company. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy".

Nintendo Price Performance

Shares of OTCMKTS NTDOY traded up $1.02 during mid-day trading on Tuesday, hitting $24.49. The company had a trading volume of 1,565,817 shares, compared to its average volume of 2,029,967. Nintendo has a 1-year low of $12.00 and a 1-year high of $24.50. The company has a market capitalization of $127.19 billion, a PE ratio of 58.30 and a beta of 0.64. The business's 50-day simple moving average is $21.84 and its 200 day simple moving average is $19.56.

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

Institutional Investors Weigh In On Nintendo

A number of institutional investors and hedge funds have recently modified their holdings of the company. Azimuth Capital Investment Management LLC purchased a new position in Nintendo during the 1st quarter valued at about $8,323,000. GAMMA Investing LLC increased its position in Nintendo by 2,029.9% during the 1st 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 in the last quarter. Appleton Partners Inc. MA raised its stake 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 purchasing an additional 1,969 shares during the last quarter. Confluence Investment Management LLC lifted its holdings in Nintendo by 1.5% in the 2nd quarter. Confluence Investment Management LLC now owns 56,080 shares of the company's stock valued at $1,347,000 after purchasing an additional 843 shares in the last quarter. Finally, Sterling Capital Management LLC acquired a new stake in shares of Nintendo during the 4th quarter worth about $605,000. 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.