Electronic Arts, Inc. (EA), also known as EA Games, is an American developer, marketer, publisher and distributor of video games headquartered in Redwood City, California. Founded and incorporated on May 28, 1982, by Trip Hawkins, the company was a pioneer of the early home computer games industry and was notable for promoting the designers and programmers responsible for its games. As of 2014, Electronic Arts was the world's fourth-largest gaming company by revenue after Tencent, Sony and Microsoft. Currently, EA develops and publishes games under several labels including EA Sports titles FIFA, Madden NFL, NHL, NCAA Football, NBA Live, and SSX. Other EA labels produce established franchises such as Battlefield, Need for Speed, The Sims, Medal of Honor, Command & Conquer, as well as newer franchises such asCrysis, Dead Space, Mass Effect, Dragon Age, Army of Two, Titanfall and Star Wars: Knights of the Old Republic, produced in partnership with LucasArts. EA also owns and operates major gaming studios, EA Tiburon in Orlando, EA Canada in Burnaby, BioWare in Edmonton as well as Montreal, and DICE in Sweden.
Reported after close today (5/10/16) Earnings: EPS $0.38 Revenue $924M Estimates: EPS $0.30 Revenue $866M Up 7.69% after hours
Strong breakout from the pennant (daily) and bullish flag (weekly). You can chase but those stops have to be kept on a very short leash. If your a fund that has not been invested, you are kind drawn to buy. The stock needs more time consolidating the multi-year move.
Just keeps pushing. Maybe a pullback down back down to $70 to extend the consolidation process, form the right shoulder to a H&S formation to leave everyone second guessing what the stock would do next?
Analyst Upgrade/Downgrade Update Brokerage firm: Stifel Change: Coverage Reiterated/Price Target Changed Previous Rating: Buy Current Rating: Buy Previous Price Target: $87 Current Price Target: $88
Analyst Upgrade/Downgrade Update Brokerage firm: BofA/Merrill Change: Downgrade Previous Rating: Buy Current Rating: Neutral Previous Price Target: N/A Current Price Target: N/A
Analyst Upgrade/Downgrade Update Brokerage firm: Wedbush Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Neutral Previous Price Target: $86 Current Price Target: $92
Electronic Arts Beats Q2 Targets, Raises Full-Year Guidance http://finance.yahoo.com/m/dd72249d-216e-3f88-938b-1d3d3d68be99/ss_electronic-arts-beats-q2.html
Mass Effect Andromeda sucks. The first BioWare game that I ever refunded. Hope it doesn't hit stock too much.
Did you get on that hate train? I played the trial and honestly, it was not as bad as all those reviewers said! Sure there was a bad facial animation once in a while, but overall the game experience was what I would expect from Mass Effect!
No, it's actually the other way around, I was trying to ignore that "bad animation&ugly females" noise. I wanted to try the game myself before jumping to conclusions. The problem for me is that it's too... Inquisitiony? Lots of driving around, scanning, all those mundane activities, poor writing. I just wanted a linear action corridors like in the previous trilogy. And the game feels too clumsy overall, unpolished, buggy, I don't know. It's not something I would expect from BioWare. I'll probably grab a GOTY Edition when they release it. Hopefully, they'll get everything fixed by then. Also, the press thought it was fine. Users, however...
Current price level is decent considering it's a company with decent growth opportunities. Less than 22 P/E.