Workflow
Electronic Arts(EA)
icon
Search documents
EA Investors Have Opportunity to Join Electronic Arts Inc. Securities Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-01-28 08:27
Core Viewpoint - The Schall Law Firm is investigating Electronic Arts Inc. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether EA issued false or misleading statements and failed to disclose critical information to investors [2]. - EA's press release on January 22, 2025, indicated a shift in its fiscal year 2025 guidance from anticipated mid-single-digit growth in live services net bookings to a projected mid-single-digit decline, primarily due to changes in Global Football [2]. Group 2: Investor Rights - Shareholders who have experienced losses are encouraged to participate in the investigation [2]. - The Schall Law Firm offers free consultations to discuss the rights of affected investors [3].
Electronic Arts Inc. Announcement: If You Have Suffered Losses in Electronic Arts Inc. (NASDAQ: EA), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-01-26 19:52
Core Summary - Rosen Law Firm is investigating potential securities claims on behalf of Electronic Arts Inc (EA) shareholders due to allegations of materially misleading business information [1] - EA's stock fell over 16% on January 23, 2025, after the company revised its fiscal year 2025 guidance from mid-single-digit growth to a mid-single-digit decline in live services net bookings, primarily due to Global Football [3] Legal Action Details - Shareholders who purchased EA securities may be entitled to compensation through a contingency fee arrangement without out-of-pocket costs [2] - Rosen Law Firm is preparing a class action to recover investor losses [2] Company Performance - EA initially projected mid-single-digit growth in live services net bookings for fiscal year 2025 but later revised this to a mid-single-digit decline, with Global Football being the main factor [3] Law Firm Credentials - Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, with a history of significant settlements, including the largest ever against a Chinese company [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4] - Rosen Law Firm has been ranked in the top 4 for securities class action settlements annually since 2013 and was ranked No 1 by ISS Securities Class Action Services in 2017 [4]
EA Investor News: Rosen Law Firm Encourages Electronic Arts Inc. Investors to Inquire About Securities Class Action Investigation - EA
Prnewswire· 2025-01-24 23:30
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Electronic Arts Inc. due to allegations of misleading business information issued by the company [1]. Group 1: Company Performance - On January 22, 2025, EA announced a preliminary Q3 FY25 results, revising its initial guidance for fiscal year 2025 from anticipated mid-single-digit growth in live services net bookings to a projected mid-single-digit decline, primarily due to changes in Global Football [3]. - Following this announcement, EA's stock experienced a significant decline, falling over 16% on January 23, 2025 [3]. Group 2: Legal Actions - Rosen Law Firm is preparing a class action lawsuit seeking recovery of investor losses for those who purchased EA securities, with no out-of-pocket fees or costs for participants through a contingency fee arrangement [2]. - Investors interested in joining the class action can submit their information through the provided link or contact the firm directly [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone, and has consistently ranked in the top 4 for securities class action settlements since 2013 [4].
Electronic Arts: How Risk Aversion Is Slowing It Down
Seeking Alpha· 2025-01-24 15:03
Company Performance - Electronic Arts Inc (EA) announced preliminary results for Q3 2025, leading to a stock plunge of nearly 17% [1] - The company revised its outlook in the preliminary results, though specific details were not provided [1] Strategic Analysis - Companies undergoing strategic changes can present significant return potential due to market misconceptions and uncertainties [1] - Analyzing company strategies and competitive advantages is crucial for understanding future prospects [1] Industry Context - EA is a leader in digital interactive entertainment, indicating its strong position in the gaming and entertainment sector [1]
What's Next for EA Stock After Thursday's 17% Plunge?
Investopedia· 2025-01-24 04:05
Core Insights - Electronic Arts (EA) shares fell sharply after the company reduced its full-year bookings outlook due to declining demand for its sports games, particularly its soccer franchise [2][4] - EA revised its net bookings guidance for fiscal 2025 to a range of $7 billion to $7.15 billion, down from the previous forecast of $7.5 billion to $7.8 billion, citing a slowdown in growth for its Global Football business [3][9] - The decline in EA's stock price was significant, with a 17% drop to $118.58, marking its lowest closing level since September 2023, and a 15% decrease over the past year [4][9] Stock Performance Analysis - EA shares broke below a multi-year uptrend line during the recent drop, occurring on the highest weekly trading volume since January 2023, indicating strong selling pressure [5][9] - Key support levels to monitor include approximately $110, $100, and $87, where investors may look for buying opportunities [6][7][9] - The overhead resistance level to watch during potential recoveries is around $144, which corresponds with previous peaks on the chart [8][9]
S&P 500 Gains and Losses Today: Electronic Arts Drops as Game Maker Cuts Forecast
Investopedia· 2025-01-23 21:45
Company Performance - Moderna (MRNA) shares increased by 10.1%, driven by discussions on AI's potential in cancer vaccine development and additional government funding for avian influenza vaccine development [4] - GE Aerospace (GE) reported better-than-expected sales and profits for Q4, with shares rising 6.6% due to strong profit guidance for 2025 and progress in resolving supply chain issues [5] - Union Pacific (UNP) shares rose 5.2% after exceeding analysts' expectations with a year-over-year increase in quarterly EPS, aided by lower fuel costs and improved freight car velocity [6] - Electronic Arts (EA) shares fell 16.7% after the company lowered its net bookings guidance, attributing the decline to underperformance in several games, particularly its soccer franchise [7] - Leidos Holdings (LDOS) secured a TSA contract for airport security equipment maintenance, but shares dropped 7.6% following concerns about potential government spending cuts discussed by CACI International [8] - Micron Technology (MU) shares decreased by 4.0% after competitor SK Hynix indicated a mixed demand outlook for 2025, although Micron may benefit from favorable Trump administration policies [9] Market Overview - Major U.S. equities indexes, including the S&P 500, Dow, and Nasdaq, moved higher, with the S&P 500 gaining 0.5% to reach an all-time closing high [2][3]
Why Electronic Arts Stock Just Crashed 17%
The Motley Fool· 2025-01-23 18:17
Earnings Performance - EA preannounced fiscal Q3 2025 earnings, with shares dropping 17.5% to $117.50 per share [1] - Expected earnings per share were $1.15, but the actual figure is $1.11, missing Wall Street estimates [1] - Q3 net revenue is projected to be $1.88 billion, below the Wall Street estimate of $2.33 billion [3][4] Revenue Guidance - EA initially guided for mid-single-digit growth in live services net bookings for fiscal 2025 [2] - The guidance has been revised to a mid-single-digit decline, reflecting weaker performance [2] Factors Impacting Performance - A slowdown in bookings for the Global Football franchise contributed to the revenue decline [3] - The number of players for Dragon Age games fell short by nearly 50% in Q3 [3] Valuation and Market Reaction - EA stock is trading at 30 times trailing earnings, which may be too expensive given the slumping sales [5] - Despite missing revenue estimates, EA's earnings of $1.11 per share slightly beat Yahoo! Finance's prediction of $1.06 [4]
EA shares plunge 19%, on track for worst day since dot-com bubble
CNBC· 2025-01-23 16:37
Core Viewpoint - Electronic Arts (EA) announced a workforce reduction of 6% and lowered its full-year bookings guidance, primarily due to challenges with its soccer franchise, leading to a significant drop in its stock price [1][2]. Financial Performance - For the fiscal third quarter ending December 31, EA expects net bookings of approximately $2.215 billion, down from previous guidance of $2.4 billion to $2.55 billion [3]. - Revenue for the December quarter was reported at about $1.88 billion, with diluted earnings per share of $1.11 [3]. - EA anticipates full fiscal year net bookings between $7 billion and $7.15 billion, a decrease from prior guidance of $7.5 billion to $7.8 billion [4]. Product Performance - The company's soccer franchise, which transitioned from FIFA branding to EA Sports FC, has shown significant weakness, impacting overall performance [4]. - The role-playing game "Dragon Age" had 1.5 million players during the quarter, approximately 50% below expectations [5]. - EA expects Global Football sales to decline year-over-year and anticipates a decrease in bookings from online sales in fiscal 2025, with the soccer franchise being a major contributor to the shortfall [5].
EA Stock Crashes on Earnings Warning. Should Investors Be Worried?
Kiplinger.com· 2025-01-23 16:34
Core Viewpoint - Electronic Arts (EA) has reported disappointing preliminary results for its fiscal 2025 third quarter, leading to a significant downward revision of its full-year bookings forecast, resulting in an over 18% drop in stock price [1][2]. Financial Performance - For the fiscal third quarter, EA expects revenue of approximately $1.883 billion and earnings of roughly $1.11 per share, down from previous guidance of $1.875 billion to $2.025 billion in revenue and earnings between $0.85 and $1.02 per share [2]. - For the full fiscal year, EA anticipates a mid-single-digit decline in net bookings, a shift from its earlier guidance of mid-single-digit growth, primarily due to underperformance in its Global Football unit [3][4]. Market Reaction - EA's stock was the worst performer in the S&P 500 on the day of the announcement, reflecting investor concerns over the company's financial outlook [1]. - Despite recent struggles, Wall Street analysts remain generally bullish, with an average target price of $153.18, indicating an implied upside of over 30% from current levels [6][7]. Analyst Opinions - Financial services firm Wedbush has maintained an Outperform rating and a price target of $173, suggesting confidence in a rebound despite the current challenges [8]. - Analysts express that EA may face a period of stagnation, referred to as "dead money," until the company provides clearer visibility into its future release schedule for fiscal years 2026 and 2027 [9].
FIFA Fumble Sends EA Stock to Worst Day on Record
Schaeffers Investment Research· 2025-01-23 15:47
Electronic Arts Inc. (NASDAQ:EA) stock is near the bottom of the Nasdaq today, last seen down 17.3% to trade at $117.62. The video game company cut its third-quarter and 2025 bookings forecast, citing a slowdown in the popular FIFA franchise. In response, three brokerages issued downgrades, while four more brokerages issued price-target cuts, the worst coming from Stifel to $133 from $159. There could be more adjustments on the way, considering EA's 12-month consensus price target of $154.01 is a 31.4% prem ...