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Electronic Arts Stock Plunges on Outlook Cut
EA shares slump after annual forecast cut fans fears over soccer franchise
Shares of Electronic Arts sank 17% on Thursday after the videogame maker cut its annual forecast, sparking fears over the future of its soccer franchise that has been a cornerstone of its gaming empire.
Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps
Key Takeaways Electronic Arts shares are tumbling 15% in premarket trading Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook.The company projected net bookings to be $2.
Electronic Arts Stock Poised To Open At Over 1-Year Low After Lowering Outlook On Weak Football Game Franchise: Retail Keeps Faith
Electronic Arts, Inc. (EA) stock fell sharply after the video game software maker issued a negative pre-announcement, primarily due to weakness in its soccer video game franchise. Redwood City, California-based Electronic Arts said it expects fiscal year 2025 third-quarter GAAP revenue of $1.
EA cuts 2025 bookings forecast as prominent soccer title stumbles
Videogame publisher Electronic Arts on Wednesday cut its forecast for annual bookings, citing weakness across its established soccer franchise, sparking concerns over a slowdown in the key division and sending its shares tumbling nearly 11%.
Money Morning
44m
Why Did EA Stock Tumble to September 2023 Levels? Inside the Disheartening Bookings Update
Electronic Arts (EA) stock dropped more than 16% on Thursday following an update from the company. The stock is now trading ...
3h
on MSN
Why Electronic Arts Stock Just Crashed 17%
Shares of the video games mogul crashed 17.5% through 11:55 a.m. ET Thursday morning after preannouncing fiscal Q3 2025 ...
16h
on MSN
Electronic Arts Cuts Fiscal-Year Outlook on Weakness Across Soccer Titles
EA now expects net bookings to come in at $2.2 billion for the quarter, down from a prior projection of between $2.4 billion ...
3h
Electronic Arts Inc. (EA) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK CITY, NY / ACCESS Newswire / January 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of ...
3h
Why Take-Two Interactive Stock Is Sinking Today
Take-Two Interactiv e ( TTWO) stock is falling in Thursday's trading. The video company's share price was down 2.7% as of ...
9h
EA Stock Stumbles After Videogame Maker Warns of Soccer Slowdown
Yellow card. Investors penalized Electronic Arts after it warned of a slowdown in its key soccer business—home to the "EA ...
9h
Electronic Arts price target lowered to $140 from $165 at Oppenheimer
Oppenheimer lowered the firm’s price target on Electronic Arts (EA) to $140 from $165 and keeps an Outperform rating on the shares. The firm ...
1d
on MSN
Electronic Arts says 'Dragon Age and EA Sports FC 25 underperformed' as it revises its financial outlook downward
Electronic Arts has revised its projected revenues for the 2025 fiscal year sharply downward in a preliminary financial ...
1d
on MSN
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, ...
6h
Shares of Electronic Arts headed for worst day since 2008
Investors have to go back to the broad stock-market meltdown during the global financial crisis to find a worse day for shares of Electronic Arts Inc. Shares were down 17.5% after the videogame maker ...
45m
on MSN
Tech, Media & Telecom Roundup: Market Talk
Find insight on Electronic Arts, consumer spending on videogames, Meta and more in the latest Market Talks covering ...
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