Core Viewpoint - Market interest in Nintendo stock surged following coverage initiation by JPMorgan Chase, resulting in a stock price increase of over 3% on Friday, outperforming the S&P 500 index's decline of nearly 0.3% [1] Group 1: Analyst Coverage - JPMorgan Chase initiated coverage of Nintendo's Japan-listed stock with an overweight recommendation, setting a price target of 11,600 yen ($74.21) per share, indicating a potential upside of 17% from the current stock level [2] Group 2: Product Launch and Market Expectations - The bullish outlook from the analyst coincides with the recent unveiling of Nintendo's Switch 2 hybrid video game system, which is expected to outperform the original Switch, released in early 2017 [3] - The original Switch has sold over 146 million units, establishing it as a significant success, and expectations are high for the Switch 2 to replicate or exceed this performance [4] - The importance of the Switch 2 to Nintendo's future is emphasized, suggesting that the company is unlikely to fail with this product launch [4]

Core Viewpoint - Nintendo's stock is experiencing a positive trend as investor sentiment improves regarding the recently announced Switch 2 console, with a notable increase in share price [1][2] Group 1: Product Launch and Market Reaction - Nintendo unveiled its next-generation Switch platform through a trailer, which initially boosted stock prices but faced a pullback due to bearish commentary [2][3] - The Switch 2 is set to launch later this year, featuring upgraded graphics and performance compared to its predecessor [3] - Analysts expressed initial disappointment over the lack of detailed information and the incremental nature of the improvements over the original Switch [4] Group 2: Sales Forecast and Analyst Ratings - Tokyo Securities upgraded its rating on Nintendo stock from buy to strong buy and raised the first-year sales forecast for the Switch 2 from 14 million units to 16 million units [5] - The original Switch has achieved over 146 million units sold globally, marking it as a significant success for the company [5] Group 3: Future Outlook - Nintendo plans to provide more details about the Switch 2 on April 2, including potential launch titles and pricing information [6] - Even if the Switch 2 sells 100 million units over its lifecycle, it would still be considered a success, supported by Nintendo's strong franchise lineup and software output [7]

Core Insights - The article emphasizes that when Nintendo launches a new console, its stock typically experiences a significant increase, as evidenced by the historical performance of the Wii launch [1] Group 1: Investment Strategy - The article suggests that stock price should not be the primary focus when investing; instead, attention should be given to management, financials, sector performance, global macroeconomic factors, portfolio mix, and risk/reward analysis [1] - It highlights the importance of understanding that stock price is largely driven by fundamentals, news, and market sentiment, rather than being an accurate reflection of a company's value [1] - Investors are encouraged to set targets, establish limits, and protect their capital with stop-loss orders, while continuously reviewing their positions in response to fundamental changes [1]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The previous Switch is the third-bestselling console ever after Sony's PlayStation 2. Nintendo shares tumbled as much as seven percent on Friday after the Japanese games giant failed to impress with a teaser video of its hotly awaited Switch 2 console. The brief clip released Thursday showed a gadget that is bigger but broadly ...

TOPSHOT - Nintendo character Mario is seen as an employee (L) walks past in the gaming section for ... [+] Nintendo Switch products at a shop in Tokyo on January 16, 2025. (Photo by Philip FONG / AFP) (Photo by PHILIP FONG/AFP via Getty Images)AFP via Getty ImagesNintendo ADR (OTCMKTS: NTDOY) is up 8% in a week and now trades at its 52-week high of around $16. The recent optimism was fueled by the company’s official announcement of the much-awaited Switch 2 gaming console. However, the lack of specifics - i ...

Nintendo (NTDOY 1.96%) stock is climbing in Thursday's trading. The gaming company's share price was up 2% as of 2:45 p.m. ET and had been up as much as 3.5% earlier in the daily session.Nintendo stock is climbing today following the initial reveal of the company's upcoming Switch 2 video game console. The new system is the follow-up to the Japanese gaming giant's hugely successful Switch platform and is scheduled to launch later this year.Nintendo unveils the Switch 2 and a new Mario KartIn a promotional v ...

NACON UNVEILS NEW RANGE DEDICATED TO THE NINTENDO SWITCHTM 2  Lesquin (France), January 16, 2025 – In celebration of the announcement of the Nintendo SwitchTM 2, NACON, premium gaming accessories designer, is pleased to introduce its new range of products dedicated to the console, all of which will be available at launch. Protection solutions for the whole console To safeguard your console against accidental damage, NACON has designed a range of solutions to protect it from knocks and drops, including cases ...

Nintendo on Thursday said its long-awaited new Switch 2 hybrid will be available this year, touting a bigger screen and controllers, as the company looks to breathe new life into its struggling hardware business.The business showed off the Switch 2 in a video trailer. The start of the clip features a current version of the console before detaching the two "joy-con" controllers to expand the size of the tablet they attach onto. The video then shows the joy cons growing in size and changing to a matte black c ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Around 1.3 billion Nintendo Switch games have been sold since 2017. Nintendo is betting on the 2025 release of a bigger, better version of its blockbuster Switch console to keep up the success of the third best-selling games machine of all time. But the Japanese giant is keeping players waiting for full details of the successo ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Nintendo has been tight-lipped about a launch date for its new gaming console amid heavy speculation its release could be imminent. Speculation over Nintendo's new console, a successor to the wildly popular Switch, reached a fever pitch Thursday with specialist media predicting an imminent announcement from the Japanese gaming g ...