Nintendo Stock (NTDOF) Dips Following Indie World Showcase
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Other games shown off during the Indie World Showcase included:
Well Dweller
Neverway
Herdling
Is This Seat Taken?
Little Kitty, Big City
Content Warning
Ball X Pitt
Ultimate Sheep Raccoon
Glaciered
UFO 50
Winter Burrow
Undusted: Letters from the Past
Tiny Bookshop
Caves of Qud
Strange Antiquities
OPUS: Prism Peak
Go-Go Town!
One game that was missing from the Nintendo Indie World Showcase was Hollow Knight: Silksong. Fans have awaited more information about this game since it was announced in 2019. The sequel to 2017's Hollow Knight wasn't mentioned in the presentation, despite its developers planning to release the game before the end of 2025. It's possible the game will still show up in a future presentation.
Nintendo Stock Movement Today
Nintendo stock was down 1.2% on Thursday, but remained up 59.59% year-to-date. The shares have also increased 66.58% over the past 12 months, largely due to investor and consumer excitement around the Switch 2, which was released in June. Gamers and investors have continued to track Nintendo's presentations in hopes of getting glimpses of new games coming to this handheld/home console hybrid.
Is Nintendo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Nintendo is Moderate Buy, based on nine Buy, two Hold, and one Sell rating over the past three months. With that comes an average NTDOF stock price target of $98.32, representing a potential 6.82% upside for the shares.
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