Freedom Capital Markets Reiterates Buy Rating on Electronic Arts (EA)

Freedom Capital Markets analyst Nick McKay reiterated a Buy rating and $185.00 price target on Electronic Arts (NASDAQ: EA).

The analyst commented: "Initiating with a BUY rating and 12-month price target of $185 per share, which is 22x our FY:28 EPS estimate of $8.40. With the shares trading at just above 15x consensus FY:28 EPS, well below certain peers and the industry’s historical multiple of 20x, we view the risk/reward profile as compelling at these levels. New release Battlefield 6 has the potential to account for the bulk of the net bookings growth contemplated by FY:26 guidance, with positive trends within other key revenue streams increasing our confidence in a strong year."

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 $151.68 yesterday.

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