7 Stocks to Buy as eSports Goes Mainstream - 3 of 7

 
 

#3 - Electronic Arts (NASDAQ:EA)

Electronic Arts Inc. (NASDAQ: EA) is one of the most well-known names in the game publishing industry. It’s the company behind beloved sports titles such as the FIFA and Madden franchises. The company’s relaunch of College Football 25 was one of the best-selling titles in the company’s history.  

The company has parlayed the success of the Madden franchise and its strong position in licensed content into a full-week Madden Bowl that brings together the top Madden NFL players to compete for prize money. 

EA is also the parent company for some well-known single-player games such as the Star Wars, The Sims, and Apex Legends franchises. A compelling feature of the EA brand is that its compatible across virtually every platform. Electronic Arts is making significant investments into mobile eSports which it believes will be a significant growth driver for the business.  



About Electronic Arts

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands. More
Current Price
$133.35
Consensus Rating
Hold
Ratings Breakdown
9 Buy Ratings, 12 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$155.24 (16.4% Upside)