Stock Track | Electronic Arts Plunges 18% as Soccer Games and 'Dragon Age' Disappoint, Analysts Cut Outlook

Stock Track
01-23

Electronic Arts (EA) stock plummeted over 18% in intraday trading on Thursday, following the video game giant's decision to slash its fiscal year 2025 bookings guidance due to underperformance in its major franchises.

The primary culprit was EA's Global Football segment, which includes the EA Sports FC soccer games. After two years of strong double-digit bookings growth, the soccer franchise "experienced a slowdown" in the third quarter as early momentum failed to sustain through the end of the period. Analysts pointed to a lack of innovation and criticism from players regarding gameplay issues as potential reasons for the slowdown.

Additionally, EA's newly released role-playing game "Dragon Age: The Veilguard" engaged only around 1.5 million players in Q3, nearly 50% lower than the company's expectations. As a result, EA now projects a mid-single-digit decline in live services net bookings for fiscal 2025, a significant downgrade from its prior forecast of mid-single-digit growth.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10