Fintel reports that on January 23, 2025, B of A Securities downgraded their outlook for Electronic Arts (XTRA:ERT) from Buy to Neutral.
Analyst Price Forecast Suggests 16.58% Upside
As of December 23, 2024, the average one-year price target for Electronic Arts is 160,34 €/share. The forecasts range from a low of 131,38 € to a high of 186,53 €. The average price target represents an increase of 16.58% from its latest reported closing price of 137,54 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Electronic Arts is 8,299MM, an increase of 12.01%. The projected annual non-GAAP EPS is 7.56.
What is the Fund Sentiment?
There are 2,000 funds or institutions reporting positions in Electronic Arts. This is an increase of 32 owner(s) or 1.63% in the last quarter. Average portfolio weight of all funds dedicated to ERT is 0.30%, an increase of 5.95%. Total shares owned by institutions increased in the last three months by 0.04% to 286,969K shares.
What are Other Shareholders Doing?
Public Investment Fund holds 24,808K shares representing 9.46% ownership of the company. No change in the last quarter.
Capital International Investors holds 11,551K shares representing 4.40% ownership of the company. In its prior filing, the firm reported owning 10,289K shares , representing an increase of 10.92%. The firm increased its portfolio allocation in ERT by 7.76% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 8,377K shares representing 3.19% ownership of the company. In its prior filing, the firm reported owning 8,433K shares , representing a decrease of 0.67%. The firm decreased its portfolio allocation in ERT by 3.95% over the last quarter.
Geode Capital Management holds 6,672K shares representing 2.54% ownership of the company. In its prior filing, the firm reported owning 6,645K shares , representing an increase of 0.40%. The firm decreased its portfolio allocation in ERT by 50.08% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 6,297K shares representing 2.40% ownership of the company. In its prior filing, the firm reported owning 6,244K shares , representing an increase of 0.85%. The firm decreased its portfolio allocation in ERT by 4.45% over the last quarter.
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