Electronic Arts misses preliminary Q3 revenue expectations

Overview

• Gaming publisher's preliminary Q3 revenue missed analysts' expectations

• Net bookings for Q3 rose 38% yr/yr, driven by Battlefield 6 launch

Outlook

• Company did not provide specific guidance due to pending acquisition

Result Drivers

• BATTLEFIELD 6 LAUNCH - Co reported record net bookings driven by Battlefield 6, which became the best-selling shooter title of 2025

• EA SPORTS FC GROWTH - EA SPORTS FC net bookings increased high single digits, driven by Ultimate Team and FC Mobile

• APEX LEGENDS MOMENTUM - Apex Legends continued momentum with double-digit net bookings growth due to new features and events

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 20 "hold" and 2 "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for Electronic Arts Inc is $208.50, about 2.4% above its February 2 closing price of $203.60

• The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw5DF5Sqa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.