Electronic Arts Stock Gains on Analyst Upgrade and Growth Prospects
Roth Capital analyst Eric Handler upgraded Electronic Arts (NASDAQ:EA) from Neutral to Buy, raising the price target from $175 to $185—implying a 20% upside. The MOVE reflects confidence in EA's multi-year growth trajectory, driven by its sports game dominance and upcoming releases like Battlefield, Skate, and Star Wars: Zero Company.
Handler highlighted EA's position at an "important inflection point," with potential for double-digit earnings growth. Investors responded cautiously, nudging shares slightly higher in Tuesday's session. The video game sector faces uncertainty as console generations transition, but EA's diversified pipeline appears resilient.