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EA

Electronic Arts

$102.69

0.32 (0.31%)

15:12
02/13/19
02/13
15:12
02/13/19
15:12

Economic opportunity of EA's 'Apex' may be overestimated, Loup Ventures says

While the hype behind Electronic Arts' newest battle royale game "Apex Legends" is understandable, the economic opportunity may be overestimated by Wall Street analysts, according to Doug Clinton, Pat Bocchicchio, and Steve Van Sloun of Loup Ventures. The authors contend that while EA's stock is up following the early success of the game, there are reasons to be cautiously optimistic, as it appears that analysts have already priced in tremendous upside in "Apex" for EA. The Loup writers note that the title's staying power remains to be seen and that new information on player count and monetization trends could cause a variety of swings for EA's stock. In addition, the shift towards free-to-play games in the genre will make it easier to pull players away from beloved titles, Clinton, Bocchicchio and Van Sloun argue. Reference Link

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EA Electronic Arts
$102.69

0.32 (0.31%)

02/11/19
BARD
02/11/19
NO CHANGE
Target $106
BARD
Outperform
Electronic Arts price target raised to $106 from $90 at Baird
Baird analyst Colin Sebastian raised his price target on Electronic Arts to $106 and kept his Outperform rating after the company disclosed today that the number of active Apex Legends players has topped 25M since its launch. The analyst states that the launch implies a better start the the "phenom" Fortnite game, which took over 40 days to reach 25M users, adding that while the data on player retention and monetization is limited, an upcoming update from Respawn should give investors more visibility on whether Apex will be a hit.
02/13/19
RHCO
02/13/19
NO CHANGE
Target $49
RHCO
Buy
Activision Blizzard price target lowered to $49 from $54 at SunTrust
SunTrust analyst Matthew Thornton lowered his price target on Activision Blizzard (ATVI) to $49, saying the company's reported quarter and guidance were "clearly challenged", with added risk coming from the rising popularity of Electronic Arts' (EA) Apex Legends. The analyst also keeps his Buy rating on the stock, noting that some of its uncertainty has been removed while the management is increasing development investment to accelerate new content. Thornton lowers his FY19 and FY20 EPS by 42c and 43c to $2.25 and $2.50 respectively, adding that his new valuation multiples are in in with historical average and may prove conservative.
02/13/19
SPHN
02/13/19
NO CHANGE
Target $57
SPHN
Overweight
Activision Blizzard transition year creates buying opportunity, says Stephens
Stephens analyst Jeff Cohen noted that Activision Blizzard (ATVI), like peers Electronic Arts (EA) and Take-Two (TTWO), gave 2019 guidance that was significantly below consensus and framed it as a transition year. Cohen, who said he feels confident now is the time to be buying as 2019 should represent the trough of earnings power, lowered his price target on the shares to $57 from $65 but keeps an Overweight rating on Activision Blizzard shares.
02/13/19
BMOC
02/13/19
NO CHANGE
Target $116
BMOC
Outperform
Electronic Arts price target raised to $116 from $96 at BMO Capital
BMO Capital analyst Gerrick Johnson raised his price target on Electronic Arts to $116 and kept his Outperform rating after its latest update that Apex Legends player count has reached 25M with "well over" 2M concurrent players at the peak. The analyst believes that the gamer count for the title will continue to expand and for player engagement to remain high, raising his FY19 and FY20 EPS estimates by 6c and 80c respectively to $3.91 and $5.30.

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TEX

Terex

$35.29

-0.3 (-0.84%)

19:01
02/22/19
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Terex to sell Demag Mobile Cranes business to Tadano for $215M enterprise value »

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CZR

Caesars

$9.05

-0.37 (-3.93%)

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ERJ

Embraer

$20.85

0.17 (0.82%)

, BA

Boeing

$424.05

6.57 (1.57%)

18:11
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18:11
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18:11
Periodicals
Brazilian judge suspends Embraer-Boeing deal talks, Reuters reports »

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ERJ

Embraer

$20.85

0.17 (0.82%)

BA

Boeing

$424.05

6.57 (1.57%)

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BXG

Bluegreen Vacations

$14.47

0.55 (3.95%)

18:02
02/22/19
02/22
18:02
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18:02
Earnings
Bluegreen Vacations reports Q4 EPS 27c, consensus 24c »

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SM

SM Energy

$16.88

-0.13 (-0.76%)

17:57
02/22/19
02/22
17:57
02/22/19
17:57
Recommendations
SM Energy analyst commentary at MUFG »

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AN

AutoNation

$37.22

-1.15 (-3.00%)

17:47
02/22/19
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17:47
Syndicate
Breaking Syndicate news story on AutoNation »

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TSLA

Tesla

$294.60

3.42 (1.17%)

, NSANY

Nissan

$0.00

(0.00%)

17:42
02/22/19
02/22
17:42
02/22/19
17:42
Periodicals
Tesla's Model 3 was the highest-selling EV globally in 2018, Verge reports »

Tesla's (TSLA) Model…

TSLA

Tesla

$294.60

3.42 (1.17%)

NSANY

Nissan

$0.00

(0.00%)

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FSFG

First Savings Financial Group

$51.33

0.22 (0.43%)

17:31
02/22/19
02/22
17:31
02/22/19
17:31
Hot Stocks
First Savings Financial raises quarterly dividend to 16c per share from 15c »

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MSFT

Microsoft

$110.97

1.5 (1.37%)

17:31
02/22/19
02/22
17:31
02/22/19
17:31
Periodicals
Employees demand Microsoft cancel $480M U.S. Army contract, Reuters says »

Several Microsoft workers…

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ENT

Global Eagle

$2.66

(0.00%)

17:23
02/22/19
02/22
17:23
02/22/19
17:23
Hot Stocks
Global Eagle to cut workforce by roughly 15% »

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17:15
02/22/19
02/22
17:15
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17:15
General news
Breaking General news story  »

New York Federal Reserve…

NOC

Northrop Grumman

$288.84

2.54 (0.89%)

17:13
02/22/19
02/22
17:13
02/22/19
17:13
Hot Stocks
Northrop Grumman exec Kalan sells 4,312 common shares »

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LYB

LyondellBasell

$89.14

0.63 (0.71%)

17:07
02/22/19
02/22
17:07
02/22/19
17:07
Syndicate
Breaking Syndicate news story on LyondellBasell »

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TCCO

Technical Comm Corp

$2.76

0.17 (6.56%)

17:06
02/22/19
02/22
17:06
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17:06
Hot Stocks
Technical Comm Corp to submit plan to regain compliance with Nasdaq by March 4 »

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INFU

InfuSystem

$4.15

0.04 (0.97%)

17:01
02/22/19
02/22
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17:01
Hot Stocks
InfuSystem announces settlement of derivative lawsuit »

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KALU

Kaiser Aluminum

$108.22

-1.9 (-1.73%)

17:01
02/22/19
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Kaiser Aluminum names Neal West as new CFO »

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ALDR

Alder Biopharmaceuticals

$14.35

0.19 (1.34%)

17:00
02/22/19
02/22
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17:00
Hot Stocks
Alder Biopharmaceuticals submits eptinezumab BLA to FDA »

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RF

Regions Financial

$16.24

-0.01 (-0.06%)

16:59
02/22/19
02/22
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16:59
Syndicate
Breaking Syndicate news story on Regions Financial »

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HL

Hecla Mining

$2.59

-0.145 (-5.31%)

16:58
02/22/19
02/22
16:58
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16:58
Syndicate
Breaking Syndicate news story on Hecla Mining »

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BMY

Bristol-Myers

$50.99

0.84 (1.68%)

, CELG

Celgene

$89.15

0.54 (0.61%)

16:52
02/22/19
02/22
16:52
02/22/19
16:52
Hot Stocks
Bristol-Myers files proxy statement in connection with proposed Celgene merger »

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BMY

Bristol-Myers

$50.99

0.84 (1.68%)

CELG

Celgene

$89.15

0.54 (0.61%)

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TEN

Tenneco

$36.29

0.76 (2.14%)

16:48
02/22/19
02/22
16:48
02/22/19
16:48
Earnings
Tenneco sees FY19 revenue growth up 4%-5%, consensus $4.65B »

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  • 25

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TEN

Tenneco

$36.29

0.76 (2.14%)

16:46
02/22/19
02/22
16:46
02/22/19
16:46
Earnings
Tenneco reports preliminary Q4 revenue $4.3B, consensus $4.3B »

Sees FY18 EPS "near…

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  • 25

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XRX

Xerox

$31.50

0.16 (0.51%)

16:44
02/22/19
02/22
16:44
02/22/19
16:44
Conference/Events
Xerox management to meet with Loop Capital »

Meeting to be held in New…

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  • 28

    Feb

TWTR

Twitter

$31.70

0.94 (3.06%)

16:38
02/22/19
02/22
16:38
02/22/19
16:38
Hot Stocks
Twitter board member Evan Williams to step down at end of month »

On February 22, 2019,…

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  • 25

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ALLY

Ally Financial

$26.95

-0.07 (-0.26%)

16:34
02/22/19
02/22
16:34
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16:34
Hot Stocks
Ally Financial CEO sells over 97,000 common shares »

In a regulatory filing,…

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