Electronic Arts (NASDAQ:EA) Given New $202.00 Price Target at Citigroup

Electronic Arts (NASDAQ:EA) had its target price reduced by Citigroup from $207.00 to $202.00 in a report published on Wednesday morning,Benzinga reports. They currently have a neutral rating on the game software company’s stock.

A number of other equities research analysts have also recently commented on EA. Weiss Ratings reissued a “hold (c)” rating on shares of Electronic Arts in a research note on Wednesday, October 8th. Zacks Research cut Electronic Arts from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Benchmark restated a “buy” rating on shares of Electronic Arts in a report on Wednesday, October 29th. Morgan Stanley raised their price objective on shares of Electronic Arts from $148.00 to $210.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Finally, Argus set a $210.00 target price on shares of Electronic Arts in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $186.95.

Electronic Arts Stock Performance

Shares of EA opened at $196.84 on Wednesday. Electronic Arts has a one year low of $125.95 and a one year high of $204.88. The company has a market cap of $49.23 billion, a PE ratio of 74.00, a P/E/G ratio of 2.43 and a beta of 0.74. The stock has a 50-day moving average of $203.77 and a 200-day moving average of $190.26. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.84 and a quick ratio of 0.84.

Electronic Arts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, February 25th will be paid a $0.19 dividend. The ex-dividend date is Wednesday, February 25th. This represents a $0.76 annualized dividend and a yield of 0.4%. Electronic Arts’s dividend payout ratio (DPR) is 22.22%.

Insider Transactions at Electronic Arts

In other Electronic Arts news, insider Laura Miele sold 2,500 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $204.11, for a total value of $510,275.00. Following the transaction, the insider owned 53,148 shares of the company’s stock, valued at approximately $10,848,038.28. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeff Huber sold 79,381 shares of the company’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $201.17, for a total value of $15,969,075.77. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 123,769 shares of company stock worth $24,943,734. 0.24% of the stock is owned by insiders.

Institutional Investors Weigh In On Electronic Arts

A number of hedge funds have recently made changes to their positions in the business. Pentwater Capital Management LP bought a new position in shares of Electronic Arts during the 3rd quarter valued at approximately $968,160,000. Ameriprise Financial Inc. lifted its stake in Electronic Arts by 44.6% in the second quarter. Ameriprise Financial Inc. now owns 4,217,029 shares of the game software company’s stock valued at $673,393,000 after purchasing an additional 1,300,336 shares during the last quarter. Acadian Asset Management LLC grew its holdings in Electronic Arts by 176.6% during the second quarter. Acadian Asset Management LLC now owns 1,862,898 shares of the game software company’s stock valued at $297,465,000 after purchasing an additional 1,189,455 shares during the period. State Street Corp increased its position in Electronic Arts by 5.8% in the second quarter. State Street Corp now owns 17,072,959 shares of the game software company’s stock worth $2,726,552,000 after buying an additional 932,024 shares during the last quarter. Finally, Man Group plc raised its stake in shares of Electronic Arts by 165.5% in the second quarter. Man Group plc now owns 1,279,249 shares of the game software company’s stock valued at $204,296,000 after buying an additional 797,461 shares during the period. 90.23% of the stock is currently owned by institutional investors.

Electronic Arts News Roundup

Here are the key news stories impacting Electronic Arts this week:

• Positive Sentiment: Record net bookings and blockbuster game launch — EA reported record net bookings of about $3.05B in Q3, led by strong sales and engagement for Battlefield 6, which is driving the company’s revenue recovery. Electronic Arts posts strong Q3 revenue as ‘Battlefield 6′ tops sales
• Positive Sentiment: Quarter beat revenue/bookings estimates — Revenue and bookings beat Street expectations (revenue ~ $3.05B, bookings +38% YoY), a key fundamental positive that supports longer-term monetization from big franchises. EA beats quarterly bookings estimates powered by new ‘Battlefield’ game
• Positive Sentiment: EPS and earnings metrics showed improvement year-over-year, with headlines noting an EPS beat vs. consensus — supportive for investor confidence in recurring revenue and live services. Electronic Arts (EA) Beats Q3 Earnings and Revenue Estimates
• Neutral Sentiment: Quarterly dividend declared (quarterly $0.19; ex-dividend Feb 25) — a small yield but signals capital-return discipline. EA Q3 press release / financials
• Neutral Sentiment: Analyst holds with varied targets — TD Cowen reiterated a Hold ($210 PT), reflecting cautious views on costs and visibility; these mixed analyst stances keep guidance uncertain. TD Cowen Hold rating commentary
• Negative Sentiment: Profit and margins under pressure — operating costs rose and quarterly operating profit fell despite higher revenue, which raises near-term margin concerns. WSJ: EA’s Third-Quarter Profit Falls, Despite Higher Revenue
• Negative Sentiment: Analyst price-target cut — Citi trimmed its PT from $207 to $202 and set a Neutral rating, trimming upside in some models and contributing to downside sentiment. Benzinga: Citi lowers price target
• Negative Sentiment: Takeover / visibility uncertainty and product retirements — Ongoing takeover talk and a changing release/shutdown schedule for some older EA titles add execution risk and make near-term visibility murky. Investing.com: Takeover reshapes outlook MSN: EA games shutting down

Electronic Arts Company Profile

Electronic Arts Inc (NASDAQ: EA) is a global interactive entertainment company headquartered in Redwood City, California. Founded in 1982 by Trip Hawkins, EA develops, publishes and distributes video games and related content for a variety of platforms, including consoles, personal computers and mobile devices. The company combines in-house development, partnerships and studio acquisitions to create and maintain a portfolio of entertainment properties and live-service experiences for players worldwide.

EA’s product lineup spans several well-known franchises and genres.