DA Davidson Starts Electronic Arts (EA) at Neutral

DA Davidson analyst Wyatt Swanson initiates coverage on Electronic Arts (NASDAQ: EA) with a Neutral rating and a price target of $140.00.

The analyst comments "We are initiating coverage of Electronic Arts with a NEUTRAL-rating and $140 PT (implies 19x our F26 normalized P/E). In our view, EA has created an excellent portfolio of IP that establishes a moat which is hard to match for any competitors entering the space. However, given the comp entering FY'26, we think there is significant pressure on its upcoming projects to make up for the core business. Given recent executional challenges (Dragon Age), we prefer to remain on the sidelines until we are more confident in EA's ability to drive growth through its non-annualized franchises and take share in genres outside of Sports."

For an analyst ratings summary and ratings history on Electronic Arts click here. For more ratings news on Electronic Arts click here.

Shares of Electronic Arts closed at $129.40 yesterday.

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