Konami Stock (9766) Jumps on Silent Hill Remake Announcement
Konami (JP:9766) stock jumped on Friday after the video game company announced a remake of Silent Hill, the first title in its long-running horror game series. This remake will be handled by Bloober Team, the development studio behind the 2024 remake of Silent Hill 2. Additionally, NeoBards Entertainment is working on a new entry in the series, titled Silent Hill f, set to be released on Sept. 25, 2025.
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Konami didn't reveal much in the way of details about its Silent Hill remake. However, it could be a huge success for the company if it follows in the footsteps of the Silent Hill 2 remake. The video game developer is taking a page out of Capcom's (CCOEF) book, which has attracted gamers with its remakes of Resident Evil games.
It makes sense that Konami would want to cash in on the recent success Capcom has seen, and Silent Hill is the perfect way to do it. Both Silent Hill and Resident Evil started on Sony's (SONY) original PlayStation back in the 90s and spawned a large collection of sequels and spinoffs. If there's any series out there that can rival Resident Evil, it's Silent Hill.
Konami Stock Movement Today
Investors appear pleased with Konami's plans to remake Silent Hill. Shares of 9766 jumped 2.52% on the news alongside a trading volume that was roughly double the company's three-month daily average. The recent rally also extended positive 2025 movement for Konami, with shares up 39.36% year-to-date.
Is Konami Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Konami is Strong Buy, based on four Buy and a single Hold rating over the past three months. With that comes an average 9766 price target of ¥20,168, representing a potential 1.74% downside for the shares.
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