Electronic Arts Likely To Report Lower Q4 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Electronic Arts Inc. EA is expected to report financial results for its fourth quarter after the closing bell on May 9, 2023.

Analysts expect the company to post quarterly earnings at $1.31 per share, down from year-ago earnings of $1.46 per share. The company’s revenue might come in at $1.76 billion.

Electronic Arts shares rose 0.3% to close at $125.76 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Credit Suisse analyst Stephen Ju maintained an Outperform rating and raised the price target from $132 to $138 on May 4, 2023. This analyst sees around 10% upside in the company’s stock and has an accuracy rate of 69%.
• Stifel analyst Drew Cum maintained a Buy rating and increased the price target from $137 to $141 on May 2, 2023. This analyst sees around 12% upside in the company’s stock and has an accuracy rate of 70%.
• Truist Securities analyst Matthew Thornton maintained a Buy rating and cut the price target from $150 to $130 on Feb. 2, 2023. This analyst sees around 3% upside in the company’s stock and has an accuracy rate of 67%.
• Morgan Stanley analyst Brian Nowak maintained an Equal-Weight rating and cut the price target from $140 to $130 on Feb. 1, 2023. This analyst sees around 3% upside in the company’s stock and has an accuracy rate of 66%.
• Cowen & Co. analyst Doug Creutz maintained an Outperform rating and cut the price target from $158 to $136 on Feb. 1, 2023. This analyst sees around 8% upside in the company’s stock and has an accuracy rate of 67%.

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