Electronic Arts Inc.’s share price was $202.05 on September 29th, with a trailing P/E of 48.34 and forward P/E of 23.36. A $55 billion buyout led by Saudi Arabia’s PIF will take EA private at $210 per share, marking the second-largest video game deal in history and signaling the industry’s evolving strategic importance.

The $55 billion valuation represents a 20% premium over EA’s market cap and a 19.6x EBITDA multiple. PIF aims to consolidate U.S. gaming assets, positioning EA as a key player aligned with Saudi Vision 2030. The deal may allow EA greater creative freedom and strategic restructuring, pending regulatory approval.

Despite a 73.34% stock price increase since January 2025, EA faces long-term industry challenges highlighted in a bearish thesis by SuperJoost. The September 2025 thesis remains bearish, citing risks associated with the $55 billion PIF-led buyout and privatization.

Read more at Yahoo Finance: Electronic Arts Inc. (EA): A Bear Case Theory