Electronic Arts 株価情報 (NASDAQ: EA)

最新ニュース Electronic Arts (NASDAQ:EA) 株価情報

Electronic Arts

Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

Electronic Arts Inc

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CNBC Halftime Report Final Trades: Deckers Outdoor, Electronic Arts, Citigroup, iShares MSCI India ETF

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Live On CNBC, Kevin Simpsons QDVO Bought Electronic Arts

Sony Group Corp.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) Sony Interactive Entertainment (SIE) has appointed Olivier Courtemanche as its new head of mobile and Justin Kubiak as head of mobile business development and partnerships. Both executives shared their new roles via LinkedIn.
<a href="https://www.gamesindustry.biz/playstation-names-olivier-courtemanche-as-head-of-mobile">According</a> to GamesIndustry.biz, Courtemanche, who joined SIE in 2022, previously served as PlayStation&#8217;s co-head of mobile alongside Kris Davis, who is believed to remain in that capacity. 
See Also: <a href="https://www.benzinga.com/general/gaming/24/11/42068231/sony-in-talks-to-acquire-elden-ring-publisher-kadokawa-report">Sony In Talks To Acquire Elden Ring Publisher Kadokawa: Report</a>
Before his tenure at Sony, Courtemanche accumulated extensive experience at major companies, including Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Zynga, Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), and Electronic Arts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>).
Kubiak, meanwhile, transitions to his new role after leading licensing and developer partnerships for PlayStation&#8217;s mobile division. Since joining Sony in 2021 from Samsung, where he oversaw games partnerships, Kubiak has brought valuable expertise from his time at NCSoft, Scopely, and Disney Interactive.
These leadership changes come amid a challenging time for Sony&#8217;s <a href="https://www.benzinga.com/topic/mobile-gaming">mobile gaming</a> efforts. Last month, the company shut down its first-party mobile studio Neon Koi, originally acquired in 2022 as Savage Game Studios. Founded by industry veterans from Rockstar, Wargaming, and Rovio, the studio rebranded in late 2023 before ultimately closing its doors.
Back in May, the company posted a job listing revealing plans for a dedicated <a href="https://www.benzinga.com/general/gaming/24/05/38971439/sony-to-launch-playstation-mobile-games-platform-job-listing-reveals">PlayStation mobile platform.</a>
The listing called for "an experienced software engineer" to design the system architecture, manage backend services, and integrate the platform with existing PlayStation services. 
This move aligns with Sony's increasing investments in mobile gaming, as it aims to expand beyond its limited mobile portfolio and establish a stronger foothold in the growing $90 billion mobile gaming market.
Read Next:
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Gaming

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Tech

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SONY

Sony Eyes Mobile Growth With Fresh Leadership Appointments

Walt Disney Co&nbsp;(NYSE: DIS)&nbsp;reported fiscal fourth-quarter&nbsp;2024 revenue growth of 6% year-on-year to $22.57 billion, marginally beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41967035/the-walt-disney-company-reports-fourth-quarter-and-full-year-earnings-for-fiscal-2024" rel="noreferrer noopener">analyst consensus of $22.35 billion</a>. Adjusted EPS of $1.14 beat the <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus of $1.10</a>.
Disney ended the quarter with 174 million Disney+ Core and Hulu subscriptions and over 120 million Disney+ Core paid subscribers, an increase of 4.4 million over the prior quarter.
DIS stock soared after the earnings report. CEO Robert A. Iger said, "In Q4 we saw one of the best quarters in the history of our film studio."
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/11/41720954/disney-creates-new-tech-hub-for-ai-and-ar" rel="noreferrer noopener">Disney Creates New Tech Hub For AI and AR</a>
Segments: Entertainment revenue (which encompasses traditional TV networks, direct-to-consumer streaming, and films) increased by 14% year over year to $10.83 billion.
Sports revenue (mostly comprised of ESPN) remained flat year over year at $3.91 billion.
Experiences revenue (including Disney's theme parks as well as consumer products) climbed 1% year over year to $8.24 billion.
In the Entertainment segment, Linear Networks revenue declined by 6% year over year to $2.46 billion, Direct-to-Consumer revenue climbed 15% year over year to $5.78 billion, and Content Sales/Licensing and Other revenue grew by 39% year over year to $2.59 billion.
The combined DTC streaming businesses improved their profitability with an operating income of $321 million on revenue of $6.3 billion (up by 13% year over year).
Pixar's&nbsp;Inside Out 2&nbsp;and Marvel's&nbsp;Deadpool &amp; Wolverine&nbsp;helped drive $316 million in operating income at Content Sales/Licensing and Other in the quarter.
The average revenue per user for domestic Disney+ customers dropped from $7.74 to $7.70 due to a higher mix of customers on its cheaper, ad-supported tier.&nbsp;
The traditional TV networks business continued to decline as consumers dumped TV bundles behind for streaming.
The consolidated operating income grew 23% year over year to $3.66 billion, led by the Entertainment segment's $1.07 billion, the Sports segment's $929 million, and the Experiences segment's $1.66 billion.
Disney generated a fourth-quarter operating cash flow of $5.52 billion (up 15% Y/Y) and a free cash flow of $4.03 billion (up 18% Y/Y).
Outlook:&nbsp;For fiscal 2025, Disney expects to achieve high-single-digit growth in adjusted earnings per share (EPS) compared to 2024 versus a consensus of $4.93.
The company aims to generate around $15 billion in operating cash flow and plans capital expenditures of approximately $8 billion. Dividend increases will align with earnings growth, and Disney targets $3 billion in stock buybacks.
For fiscal 2026, Disney forecasts double-digit growth in adjusted EPS (versus consensus of $5.17) and operating cash flow.
For fiscal 2027, Disney expects to continue its double-digit growth trajectory in adjusted EPS.
Disney J/V: Reliance Industries Limited (RIL), Viacom 18 Media Private Limited, and Disney have finalized the merger of Viacom18's media assets and JioCinema with Star India Private Limited, following approvals from the relevant regulatory bodies.
RIL has invested ₹11,500 crore (about $1.4 billion) in the joint venture to drive its expansion.
The JV is valued at ₹70,352 crore (approximately $8.5 billion) post-money, excluding any anticipated synergies. Ownership is structured with RIL holding 16.34%, Viacom18 owning 46.82%, and Disney holding 36.84%.
The combined entity integrates top brands like ‘Star' and ‘Colors' on television, along with digital platforms ‘JioCinema' and ‘Hotstar,' creating a diverse offering across entertainment and sports for audiences in India and globally.
Iger stated the strategic value of joining forces with Reliance to strengthen Disney's footprint in India and enhance its content portfolio across entertainment, sports, and digital services.
Management Transition: Disney has broadened its search for a new CEO to replace Bob Iger, as the board, led by incoming Chair James Gorman, considers external candidates to ensure a stable succession process.
This expansion moves beyond internal candidates, with <a target="_blank" href="https://www.benzinga.com/news/management/24/11/41917113/who-will-succeed-disney-ceo-bog-iger" rel="noreferrer noopener">potential contenders like</a> Andrew Wilson, CEO of Electronic Arts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), in the mix.
Disney has enlisted executive search firm Heidrick &amp; Struggles to evaluate external options, identifying at least two additional candidates. Gorman, who will assume the Chair role in January, is pushing for a comprehensive review to find the best successor, with a decision expected by early 2026.
Price Actions: DIS stock is up 9.08% at $112.05 premarket at&nbsp;the last check on Thursday.
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Earnings

Guidance

Movers

Disney Q4 Earnings: Revenue And Profit Beat, Best Film Studio Performance, 3-Year Outlook And More

Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) is expanding its search for a successor to CEO Bob Iger, considering external candidates as the company&#8217;s board, led by incoming Chairman James Gorman, aims to stabilize the succession process.
The move signals a shift from an internal competition among Disney&#8217;s top executives to a broader search, including external contenders such as Andrew Wilson, CEO of Electronic Arts Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), the Wall Street Journal <a target="_blank" href="https://www.wsj.com/business/media/disney-explores-wider-field-of-candidates-to-succeed-iger-d1876792" rel="noreferrer noopener">reports</a>.
According to the report, Disney has partnered with executive search firm Heidrick &amp; Struggles to evaluate potential external candidates, and at least two more contenders have been identified beyond Wilson.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41820580/applovins-high-valuation-and-expansion-beyond-gaming-prompt-analyst-caution" rel="noreferrer noopener">AppLovin&#8217;s High Valuation and Expansion Beyond Gaming Prompt Analyst Caution</a>
The decision comes as Gorman, <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41432091/disneys-leadership-shift-james-gorman-named-as-chairman-ceo-search-underway" rel="noreferrer noopener">set to take over</a> as Chairman in January, pushes for a comprehensive review of candidates, signaling his intent to find the right leader to guide Disney beyond Iger&#8217;s tenure.
The company has announced it plans to finalize its choice for the CEO role by early 2026, delaying its previous timeline.
Wilson, who has previously discussed potential deals with Disney and even interviewed for a senior role at ESPN in 2018, remains a strong external contender.
Recent talks have also explored partnerships between Electronic Arts and Disney&#8217;s ESPN, although these discussions have yet to materialize into a deal, the report states.
The WSJ report says that internally, Disney had four key executives vying for the CEO role: Dana Walden, Alan Bergman, Josh D&#8217;Amaro, and Jimmy Pitaro. Each company manages significant areas of Disney&#8217;s business, from streaming to theme parks.
Last week, Disney launched the <a target="_blank" href="https://www.benzinga.com/news/24/11/41720954/disney-creates-new-tech-hub-for-ai-and-ar" rel="noreferrer noopener">Office of Technology Enablement</a> to drive AI and XR innovation across media and parks.
Jim Cramer <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41432091/disneys-leadership-shift-james-gorman-named-as-chairman-ceo-search-underway" rel="noreferrer noopener">showed interest in</a> buying more Disney stock if it dips below $90, stressing the potential value of the company&#8217;s theme parks amid current challenges. Disney laid off 300 corporate employees in September, following earlier cuts of 140 staff in its TV division and 175 at Pixar this year.
The recent U.S. presidential election victory of Donald Trump has also introduced new uncertainties for Disney. Trump&#8217;s criticism of Taiwan and potential changes in trade policies could impact Disney&#8217;s strategic decisions, particularly regarding its international investments and partnerships.
Walt Disney Co stock gained over 10% year-to-date. Investors can gain exposure to the stock through SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>).
Price Actions: DIS stock is down 0.23% at $100.63 at&nbsp;the last check on Tuesday.
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Image via Shutterstock

Media

Who Will Succeed Disney CEO Bog Iger?

<a href="https://www.wsj.com/business/media/disney-explores-wider-field-of-candidates-to-succeed-iger-d1876792">https://www.wsj.com/business/media/disney-explores-wider-field-of-candidates-to-succeed-iger-d1876792</a>
&nbsp;
<a href="https://www.wsj.com/market-data/quotes/DIS">Disney</a> is exploring fresh candidates in its search for a successor to Bob Iger, including some from outside its castle walls, as the board and its newly named chairman move to bring order to a <a href="https://www.wsj.com/business/media/james-gorman-disney-chairman-morgan-stanley-ceo-c1196c8b?mod=article_inline">closely watched succession process</a>.
Names that have surfaced in Disney's deliberations in recent months include external candidates, such as Andrew Wilson, chief executive officer of game company <a href="https://www.wsj.com/market-data/quotes/EA">Electronic Arts</a>, people familiar with the matter said. Disney is working with recruiters from the firm <a href="https://www.wsj.com/market-data/quotes/HSII">Heidrick &amp; Struggles</a> to help guide its review of external candidates, and the search firm has identified at least two more potential external candidates, these people said.&nbsp;

'Disney Explores Wider Field Of Candidates To Succeed Iger; Disney Board Members Are Considering Outsiders Including The CEO Of Videogame Company Electronic Arts' - WSJ

Argus Research analyst Joseph Bonner maintains Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) with a Buy and raises the price target from $161 to $183.

Price Target

Argus Research Maintains Buy on Electronic Arts, Raises Price Target to $183

In a new SEC filing on November 4, it was revealed that Gonzalez, Director at Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), executed a significant exercise of company stock options.
What Happened: A notable Form 4 filing on Monday with the <a href="https://www.sec.gov/Archives/edgar/data/0000712515/000112760224026402//Archives/edgar/data/712515/000112760224026402/0001127602-24-026402-index.htm">U.S. Securities and Exchange Commission</a> revealed that Gonzalez, Director at Electronic Arts, exercised stock options for 150 shares of EA, resulting in a transaction value of $341.
Currently, Electronic Arts shares are trading up 0.42%, priced at $153.53 during Tuesday's morning. This values Gonzalez's 150 shares at $341.
<h3>Delving into Electronic Arts's Background</h3>
Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.
<h3>Electronic Arts: Financial Performance Dissected</h3>
Positive Revenue Trend: Examining Electronic Arts's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.8% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 77.48%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Electronic Arts's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 1.11.
</li>
</ul>
Debt Management: Electronic Arts's debt-to-equity ratio surpasses industry norms, standing at 0.26. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 39.2 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 5.55 is above industry norms, reflecting an elevated valuation for Electronic Arts's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio of 20.5, the company's market valuation exceeds industry averages.
</li>
</ul>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
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<h3>Uncovering the Importance of Insider Activity</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000712515">Check Out The Full List Of Electronic Arts's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Breaking Update: Rachel A Gonzalez Engages In Options Exercise At Electronic Arts

A substantial insider activity was disclosed on November 4, as Huber, Director at Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), reported the exercise of a large sell of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000712515/000112760224026404//Archives/edgar/data/712515/000112760224026404/0001127602-24-026404-index.htm">U.S. Securities and Exchange Commission</a> on Monday showed that Huber, Director at Electronic Arts, a company in the Communication Services sector, just exercised stock options worth 136 shares of EA stock with an exercise price of $151.26.
Electronic Arts shares are currently trading up by 0.42%, with a current price of $153.53 as of Tuesday morning. This brings the total value of Huber's 136 shares to $309.
<h3>Discovering Electronic Arts: A Closer Look</h3>
Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.
<h3>Breaking Down Electronic Arts's Financial Performance</h3>
Revenue Growth: Electronic Arts's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 5.8%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 77.48%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Electronic Arts's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 1.11.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.26, caution is advised due to increased financial risk.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Electronic Arts's current Price to Earnings (P/E) ratio of 39.2 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 5.55 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Electronic Arts's EV/EBITDA ratio, surpassing industry averages at 20.5, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
It's important to note that insider transactions alone should not dictate investment decisions, but they can provide valuable insights.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000712515">Check Out The Full List Of Electronic Arts's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision Unfolding At Electronic Arts: Jeff Huber Exercises Options

A significant insider transaction involving the exercise of company stock options was reported on November 5, by Talbott Roche Hoskins, Director at Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), as per the latest SEC filing.
What Happened: Disclosed in a Form 4 filing on Tuesday with the <a href="https://www.sec.gov/Archives/edgar/data/0000712515/000112760224026406//Archives/edgar/data/712515/000112760224026406/0001127602-24-026406-index.htm">U.S. Securities and Exchange Commission</a>, Hoskins, Director at Electronic Arts, executed a strategic derivative sale. This involved exercising stock options for 155 shares of EA, resulting in a transaction value of $352.
The latest update on Tuesday morning shows Electronic Arts shares up by 0.42%, trading at $153.53. At this price, Hoskins's 155 shares are worth $352.
<h3>About Electronic Arts</h3>
Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.
<h3>Electronic Arts: Financial Performance Dissected</h3>
Revenue Growth: Over the 3 months period, Electronic Arts showcased positive performance, achieving a revenue growth rate of 5.8% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Evaluating Earnings Performance:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 77.48%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Electronic Arts exhibits below-average bottom-line performance with a current EPS of 1.11.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 0.26, Electronic Arts faces challenges in effectively managing its debt levels, indicating potential financial strain.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 39.2, Electronic Arts's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 5.55 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Electronic Arts's EV/EBITDA ratio, surpassing industry averages at 20.5, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Understanding Crucial Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000712515">Check Out The Full List Of Electronic Arts's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Major Update: Talbott Roche Hoskins At Electronic Arts Exercises Options, Making A Strategic Move

Highlighted on November 5, it was unveiled in an SEC filing that Simonson, Board Member at Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>), executed a significant transaction involving the exercise of company stock options.
What Happened: Simonson, Board Member at Electronic Arts, exercised stock options for 137 shares of EA stock. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000712515/000112760224026408//Archives/edgar/data/712515/000112760224026408/0001127602-24-026408-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The exercise price of the options was $151.26 per share.
Currently, Electronic Arts shares are trading up 0.42%, priced at $153.53 during Tuesday's morning. This values Simonson's 137 shares at $311.
<h3>Discovering Electronic Arts: A Closer Look</h3>
Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.
<h3>Electronic Arts's Financial Performance</h3>
Positive Revenue Trend: Examining Electronic Arts's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.8% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 77.48%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Electronic Arts's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 1.11.
</li>
</ul>
Debt Management: Electronic Arts's debt-to-equity ratio stands notably higher than the industry average, reaching 0.26. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 39.2 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 5.55, Electronic Arts's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Electronic Arts's EV/EBITDA ratio of 20.5 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000712515">Check Out The Full List Of Electronic Arts's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Richard A Simonson At Electronic Arts Exercises Options

Investors with a lot of money to spend have taken a bullish stance on Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with EA, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Electronic Arts.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $334,928, and 5 are calls, for a total amount of $424,167.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $160.0 for Electronic Arts over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Electronic Arts's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Electronic Arts's substantial trades, within a strike price spectrum from $100.0 to $160.0 over the preceding 30 days.
<h3>Electronic Arts Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730312143_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>EA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$7.2</td>
<td>$6.9</td>
<td>$6.9</td>
<td>$150.00</td>
<td>$172.5K</td>
<td>167</td>
<td style="text-align: right;">253</td>
</tr>
<tr>
<td>EA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$5.6</td>
<td>$5.4</td>
<td>$5.4</td>
<td>$160.00</td>
<td>$135.0K</td>
<td>133</td>
<td style="text-align: right;">250</td>
</tr>
<tr>
<td>EA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$5.3</td>
<td>$5.2</td>
<td>$5.3</td>
<td>$150.00</td>
<td>$116.0K</td>
<td>1.7K</td>
<td style="text-align: right;">339</td>
</tr>
<tr>
<td>EA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$51.5</td>
<td>$50.2</td>
<td>$51.5</td>
<td>$100.00</td>
<td>$103.0K</td>
<td>143</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>EA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$4.5</td>
<td>$4.2</td>
<td>$4.3</td>
<td>$150.00</td>
<td>$86.4K</td>
<td>390</td>
<td style="text-align: right;">239</td>
</tr>
</tbody>
</table>

<h3>About Electronic Arts</h3>
EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.
<h3>Present Market Standing of Electronic Arts</h3>
<ul>
<li>Trading volume stands at 2,090,855, with EA's price up by 2.49%, positioned at $149.25.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 90 days.</li>
</ul>
<h3>Expert Opinions on Electronic Arts</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $163.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from JP Morgan persists with their Neutral rating on Electronic Arts, maintaining a target price of $150. 
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Neutral rating on Electronic Arts with a target price of $160. 
&#x2A; An analyst from Wedbush downgraded its action to Outperform with a price target of $170. 
&#x2A; Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Electronic Arts, targeting a price of $175. 
&#x2A; Reflecting concerns, an analyst from BMO Capital lowers its rating to Outperform with a new price target of $160.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Electronic Arts options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Electronic Arts Unusual Options Activity For October 30

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Barclays cut Qorvo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>) price target from $120 to $90. Barclays analyst Tom O&#8217;Malley maintained an Equal-Weight rating. Qorvo shares closed at $100.48 on Tuesday. See how other analysts view this stock.</li>
<li>B of A Securities raised the price target for Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) from $13 to $14. B of A Securities analyst Justin Post maintained a Neutral rating. Snap shares closed at $10.89 on Tuesday. <a href="https://www.benzinga.com/quote/SNAP/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley raised the price target for Zebra Technologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZBRA#NASDAQ">ZBRA</a>) from $290 to $305. Morgan Stanley analyst Meta Marshall maintained an Underweight rating. Zebra Technologies shares closed at $384.68 on Tuesday. <a href="https://www.benzinga.com/quote/ZBRA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Northland Capital Markets slashed Transcat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNS#NASDAQ">TRNS</a>) price target from $130 to $110. Northland Capital Markets analyst Ted Jackson maintained a Market Perform rating. Transcat shares settled at $99.45 on Tuesday. <a href="https://www.benzinga.com/quote/TRNS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stephens &amp; Co. cut Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) price target from $66 to $65. Stephens &amp; Co. analyst Jim Salera maintained an Equal-Weight rating. Chipotle shares closed at $60.49 on Tuesday. <a href="https://www.benzinga.com/quote/CMG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies cut e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) price target from $220 to $175. Jefferies analyst Ashley Helgans maintained a Buy rating. e.l.f. Beauty shares closed at $113.27 on Tuesday. <a href="https://www.benzinga.com/quote/ELF/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>CIBC boosted the price target for Waste Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) from $213 to $228. CIBC analyst Kevin Chiang maintained a Neutral rating. Planet Fitness shares settled at $219.11 on Tuesday. <a href="https://www.benzinga.com/quote/WM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity raised PayPal Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) price target from $80 to $96. Canaccord Genuity analyst Joseph Vafi maintained a Buy rating. PayPal shares closed at $80.28 on Tuesday. <a href="https://www.benzinga.com/quote/PYPL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Roth MKM increased the price target for Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) from $154 to $158. Roth MKM analyst Eric Handler maintained a Neutral rating. Electronic Arts shares closed at $145.62 on Tuesday. <a href="https://www.benzinga.com/quote/EA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities boosted Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) price target from $220 to $225. Truist Securities analyst Youssef Squali maintained a Buy rating. Alphabet shares closed at $169.68 on Tuesday. <a href="https://www.benzinga.com/quote/GOOG/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying GOOG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="560" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/30140958/image-313-1024x560.png" alt="" class="wp-image-622467" style="width:607px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/30140958/image-313-1024x560.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/30140958/image-313-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/30140958/image-313-768x420.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/30140958/image-313.png 1215w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Alphabet To Rally Around 33%? Here Are 10 Top Analyst Forecasts For Wednesday

Roth MKM analyst Eric Handler maintains Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) with a Neutral and raises the price target from $154 to $158.

Roth MKM Maintains Neutral on Electronic Arts, Raises Price Target to $158

JP Morgan analyst David Karnovsky maintains Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) with a Neutral and lowers the price target from $155 to $150.

JP Morgan Maintains Neutral on Electronic Arts, Lowers Price Target to $150

WIIM

Electronic Arts shares are trading higher after the company reported better-than-expected Q2 EPS results. Also, multiple firms raised their respective price targets on the stock.

Benchmark analyst Mike Hickey reiterates Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) with a Buy and maintains $163 price target.

Reiteration

Benchmark Reiterates Buy on Electronic Arts, Maintains $163 Price Target

BMO Capital analyst Brian Pitz reiterates Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) with a Outperform and raises the price target from $154 to $160.

BMO Capital Reiterates Outperform on Electronic Arts, Raises Price Target to $160

UBS analyst Eric Sheridan maintains Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) with a Neutral and raises the price target from $155 to $160.

UBS Maintains Neutral on Electronic Arts, Raises Price Target to $160

Electronic Arts Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) shares traded higher premarket on Wednesday after the company <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41610396/electronic-arts-reports-strong-q2-fy25-results" rel="noreferrer noopener">reported second-quarter results</a>.
The company reported net revenue of $2.025 billion, missing the consensus of $2.037 billion. EPS of $1.11 exceeded <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">the estimate of $0.88</a>.
Net bookings reached $2.079 billion, a second-quarter record that surpassed the top end of the guidance range of $2.050 billion.
The company said that American Football is on pace to surpass $1 billion in net bookings for FY25, with playtime up over 140% year-over-year and more than double the number of new players joining the community.
Operating cash flow generated was $234 million for the quarter. As of September 30, cash and cash equivalents stood at $2.3 billion.
The company declared a quarterly dividend per share of $0.19, payable on December 18 to stockholders of record as of November 27.
During the quarter, EA repurchased 2.6 million shares for $375 million as part of its stock buyback program.
Outlook: For the third quarter, Electronic Arts expects third-quarter EPS of&nbsp;$0.85 &#8211; $1.02 (vs. estimate of $1.33) and revenue of ~$1.875 billion &#8211; $2.025 billion <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">(vs. consensus of $2.508 billion)</a>.
For the full fiscal year, the company raised EPS guidance to $3.82 &#8211; $4.33 (from $3.34 &#8211; $4.00) vs. an estimate of $3.98 and revenue to $7.4 billion &#8211; $7.7 billion&nbsp;(from &nbsp;$7.1 billion &#8211; $7.5 billion)<a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/40051832/electronic-arts-q1-earnings-highlights-college-football-madden-soccer-video-games-building-momentum" rel="noreferrer noopener"> vs&nbsp;consensus of $7.60 billion</a>.
Also, the company projects net bookings of around $7.500 billion to $7.800 billion (vs. $7.3 billion &#8211; $7.7 billion prior).
In September, EA shared an in-depth look at the initiatives and experiences driving its strategic pillars to accelerate growth and outlined how AI drives efficiency, <a target="_blank" href="https://www.benzinga.com/general/gaming/24/09/40910079/what-happened-with-electronic-arts-stock-today" rel="noreferrer noopener">expansion and transformation at EA</a>.
Investors can gain exposure to the stock via&nbsp;Roundhill Video Games ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NERD#NASDAQ">NERD</a>) and Global X Video Games &amp; Esports ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HERO#NASDAQ">HERO</a>).
Price Action: EA shares are up 1.24% at $147.43 premarket at the last check on Wednesday.
Photo via Shutterstock
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