Electronic Arts (EA) Receives $168 Price Target with Positive Earnings Forecast

Electronic Arts (NASDAQ: EA) received a fresh coverage initiation from Wells Fargo analyst Alec Brondolo, who assigned an Equal Weight rating with a price target of $168, implying an 11% upside from the latest close.

πŸ“‰ Stock Snapshot

  • Last close: $151.68

  • Daily change: βˆ’0.63%

  • Volume: 1,450,558 shares

πŸ“Š Earnings Preview

  • Expected EPS: $0.10

  • Estimated Revenue: $1.24 billion

  • Report Date: July 29, 2025 (after market close)

πŸ” Key Context

  • EA is a leading video game publisher, with popular franchises like FIFA and Madden NFL.

  • It competes with peers such as Activision Blizzard and Take-Two Interactive.

  • Wells Fargo’s valuation is based on EA’s projected FY2028 free cash flow of ~$9.31/share, applying an ~18Γ— multiple.

🧠 Analyst Insight
Brondolo views EA as fairly valued in the near term, citing potential catalysts like the upcoming Battlefield release and expected World Cup-related engagement in FY27β€”but notes these may already be priced in.