From Morningstar: 2025-06-12 06:00:00

Nintendo’s new Switch 2 console has surpassed sales expectations, with over 20% of its 15 million shipment target sold in just four days. This rapid success is attributed to its strong user base of 120 million Switch users and a compelling lineup of launch titles.

Despite the strong initial sales, Morningstar maintains Nintendo’s fair value estimate at JPY 12,000. There is uncertainty regarding tariffs, with potential price hikes in the US affecting console shipments. The US accounts for 35-40% of Nintendo’s console sales, and any tariffs could impact the company’s bottom line.



Read more at Morningstar: Nintendo Switch 2 Sales Boom, But Tariff…