logo
Electronic Arts Slashes BioWare After ‘Dragon Age' Sales Miss

Electronic Arts Slashes BioWare After ‘Dragon Age' Sales Miss

Bloomberg31-01-2025
The studio has shrunk to less than 100 people following the release of Dragon Age: The Veilguard
By
Save
Hi everyone. Today we're diving into the cuts at Electronic Arts Inc.'s BioWare, which were deeper than have been reported, but first...
This week's top gaming news:
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Electronic Arts Stock: Is Wall Street Bullish or Bearish?
Electronic Arts Stock: Is Wall Street Bullish or Bearish?

Yahoo

timea day ago

  • Yahoo

Electronic Arts Stock: Is Wall Street Bullish or Bearish?

Redwood City, California-based Electronic Arts Inc. (EA) develops, markets, publishes, and delivers games, content, and services for consoles, PCs, mobile phones, and tablets worldwide. With a market cap of $43.7 billion, Electronic Arts distributes its products through multiple distribution channels as well as directly to consumers through its online portals. While the gaming giant has slightly lagged behind the broader market over the past year, it has significantly outperformed in 2025. EA stock has surged 14% over the past 52 weeks and 15.6% on a YTD basis, compared to the S&P 500 Index's ($SPX) 16.1% gains over the past year and 9.7% returns in 2025. More News from Barchart Trade the Warren Buffett Rally in UnitedHealth Stock With This High-Reward, Low-Risk Options Strategy Cathie Wood Is Buying BLSH Stock After the Bullish IPO. Should You? Apple Expects $1.1 Billion Tariff Hit in 4th Quarter After $800 Million Q3 Hit; CEO Tim Cook Warns 'Many Factors That Could Change' Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! However, the stock has notably underperformed the industry-focused VanEck Video Gaming and eSports ETF's (ESPO) surge of 68% over the past year and 38.2% on a YTD basis. Electronic Arts had a resilient start to fiscal 2026, the company's stock prices shot up 5.7% in a single trading session following the release of its Q1 results on Jul. 29. Driven by growth in full game revenues, the company's overall topline for the quarter inched up 66 bps year-over-year to $1.67 billion, surpassing the consensus estimates by a notable 4.7%. Meanwhile, the company reported a 28.2% year-over-year decline in net income to $201 million, but it came ahead of Street expectations. Further, the company expects to observe a significant sequential growth in net bookings and revenues. In Q2, the company expects to register between $1.8 billion - $1.9 billion in net bookings, up from $1.3 billion in Q1. At the same time, its net revenues are expected to reach approximately $1.75 billion to $1.85 billion in Q2. For the full fiscal 2026, ending in March, analysts expect EA to deliver an EPS of $6.16, up 27% year-over-year. The company has a mixed earnings surprise history. While it surpassed the Street's bottom-line estimates thrice over the past four quarters, it missed the projections on one other occasion. The stock has a consensus 'Moderate Buy' rating overall. Of the 28 analysts covering the stock, opinions include 10 'Strong Buys,' two 'Moderate Buys,' and 16 'Holds.' This configuration is slightly more optimistic than two months ago, when eight analysts gave 'Strong Buy' recommendations. On Aug. 12, DA Davidson analyst Wyatt Swanson reiterated a 'Neutral' rating on EA stock and raised the price target from $150 to $160. As of writing, EA's mean price target of $173.46 represents a modest 2.5% premium to current price levels. Meanwhile, the street-high target of $210 suggests a notable 24.1% upside potential. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio

Think, Move, and Play Like a Superstar in EA SPORTS™ NHL® 26, Powered by Official NHL Edge Data
Think, Move, and Play Like a Superstar in EA SPORTS™ NHL® 26, Powered by Official NHL Edge Data

Business Wire

time06-08-2025

  • Business Wire

Think, Move, and Play Like a Superstar in EA SPORTS™ NHL® 26, Powered by Official NHL Edge Data

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) today unveils EA SPORTS™ NHL® 26, launching September 12, 2025, on PlayStation®5 and Xbox Series X|S with a new level of on-ice authenticity and superstar quality. Back-to-back Stanley Cup champion, Matthew Tkachuk, graces the cover of the deluxe edition alongside his brother, Brady, and their father, Keith, in a dream lineup uniting hockey's present and past. With real-world NHL EDGE positional data (NHL Puck and Player Tracking) powering gameplay, in partnership with the NHL, and a reimagined Be A Pro mode that immerses players in the stakes and emotions of playing at the highest level, NHL 26 delivers an immersive and intense experience for hockey fans around the world. Setting a new standard for hockey realism, every star plays more like their real-life counterpart with the new ICE-Q 2.0, fueled by NHL EDGE positional data Share This year's cover athletes challenge traditional notions of NHL superstardom. Matthew Tkachuk, known for his relentless physicality and skill, has captivated fans with a signature style that breaks the conventional playbook. Bringing together two generations of Tkachuks, the cover highlights a family that's carved its own path with individuality, edge, and an unyielding drive to win. NHL 26 is all about this individuality. Setting a new standard for hockey realism, every star plays more like their real-life counterpart with the new ICE-Q 2.0 fueled by NHL EDGE positional data (NHL EDGE Puck and Player Tracking). Real-world sport data now informs player attributes and personal tendencies. Skating speed, shot power, unique behaviors and signature moves are reflected in the game, giving true hockey fans a strategic advantage. The new Goalie Crease Control System also makes netminders more responsive, with smarter positioning and quicker, more natural saves. Combined with an expanded set of X-Factors that amplify superstar abilities with unique playstyle animations and gameplay outcomes, fans will experience a deeper connection to their favorite players, whether they're controlling them or playing against them. 'My dad, Brady and I are all unique and play the way we want to. Sharing the cover of NHL 26 is an extension of that,' said Matthew Tkachuk, forward for the Florida Panthers and featured athlete across both editions of this year's game. 'I've always tried to bring my own style to the ice, and seeing that captured in NHL 26 makes it feel like it is really me out there.' 'Growing up, Matthew and I dreamed of playing just like our dad,' said Brady Tkachuk, captain of the Ottawa Senators. 'Even now, his influence on how we play and prepare remains huge. It's an honor to be featured on the cover, and having him standing alongside us makes the whole thing even better.' 'I always told the boys to play hard, be smart, and never lose their personality out there,' said Keith Tkachuk, five-time NHL All-Star. 'What you see now is two players with totally unique styles, and I'm proud to be sharing the cover with them.' The fully revamped fan-favorite Be A Pro mode gives players full control over their journey from rookie to NHL superstar. Fresh storylines, new characters, high-stakes challenges, and cutscenes make the experience more realistic and engaging than ever before. From competing in the World Juniors to the draft or working their way from the minors back to the big leagues, players will craft their own legacy on and off the ice. 'NHL 26 is the most true-to-life experience we've ever built,' said Mike Inglehart, Creative Director at EA SPORTS. 'It was created with fans who crave hockey authenticity in mind — the ones who live and breathe the game and know how it should feel. From deeper gameplay detail to the biggest Be A Pro update since NHL 21, everything we've done this year is about bringing them closer to the teams they love and the moments that define the NHL.' The new HUT Seasons will give players an all-new, dynamic way to compete by introducing new team-building mechanics, ranked matches, and an offline mode geared for those who prefer to play at their own pace, the HUT Cup Chase. With new Heroes and Icons player cards added each season to celebrate the greatest to ever lace up their skates, plus visual upgrades that elevate every moment, players will experience this and much more in NHL 26. Players who pre-order* the Deluxe Edition will receive up to seven days of early access, a multitude of perks including Matthew Tkachuk at 99 OVR as an immediate reward in NHL 25, 4600 NHL Points, HUT Starter Choice Pack and much more. All pre-order editions and information can be found here, loyalty offers with up to 10% off are also available. EA Play members** can enjoy a 10-hour early access trial starting September 5th, 2025 and other rewards including 3,000 WOC Coins and Season Pass XP Multiplier Tokens. They also receive 10% off EA digital content including pre-orders, game downloads, NHL Points, and DLC. For more information, please visit Stay tuned for the full rundown of NHL 26 in the coming weeks. To keep up-to-date with the latest game news and information, visit and follow our social channels. *Conditions and restrictions apply. See for details. **Conditions, limitations and exclusions apply. See EA Play Terms for details. PRESS ASSETS ARE AVAILABLE AT About Electronic Arts Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers. In fiscal year 2025, EA posted GAAP net revenue of approximately $7.5 billion. Headquartered in Redwood City, California, EA is recognised for a portfolio of critically acclaimed, high-quality brands such as EA SPORTS FC™, Battlefield™, Apex Legends™, The Sims™, EA SPORTS™ Madden NFL, EA SPORTS™ College Football, Need for Speed™, Dragon Age™, Titanfall™, Plants vs. Zombies™ and EA SPORTS F1®. More information about EA is available at EA, EA SPORTS, EA SPORTS FC, Battlefield, Need for Speed, Apex Legends, The Sims, Dragon Age, Titanfall, and Plants vs. Zombies are trademarks of Electronic Arts Inc. John Madden, NFL, and F1 are the property of their respective owners and used with permission. About the NHL The National Hockey League (NHL®), founded in 1917, consists of 32 Member Clubs. Each team roster reflects the League's international makeup with players from more than 20 countries represented, all vying for the most cherished and historic trophy in professional sports – the Stanley Cup®. Every year, the NHL entertains more than 670 million fans in-arena and through its partners on national television and radio; more than 191 million followers - league, team and player accounts combined - across Facebook, Twitter, Instagram, Snapchat, TikTok, and YouTube; and more than 100 million fans online at The League broadcasts games in more than 160 countries and territories through its rightsholders including ESPN, WBD Sports and NHL Network in the U.S.; Sportsnet and TVA Sports in Canada; Viaplay in the Nordics, Baltics, Poland and the UK; MTV3 in Finland; Nova in Czech Republic and Slovakia; Sky Sports and ProSieben in Germany; MySports in Switzerland; and CCTV5+ in China; and reaches fans worldwide with games available to stream in every country. Fans are engaged across the League's digital assets on mobile devices via the free NHL® App; across nine social media platforms; on SiriusXM NHL Network Radio™; and on available in eight languages and featuring unprecedented access to player and team statistics as well as every regular-season and playoff game box score dating back to the League's inception, powered by SAP. NHL Productions develops compelling original programming featuring unprecedented access to players, coaches and League and team personnel for distribution across the NHL's social and digital platforms. The NHL is committed to building healthy and vibrant communities using the sport of hockey to celebrate fans of every race, color, religion, national origin, gender identity, age, sexual orientation, and socio-economic status. The NHL's Hockey Is For Everyone® initiative reinforces that the official policy of the sport is one of inclusion on the ice, in locker rooms, boardrooms and stands. The NHL is expanding access and opportunity for people of all backgrounds and abilities to play hockey, fostering more inclusive environments and growing the game through a greater diversity of participants. To date, the NHL has invested more than $100 million in youth hockey and grassroots programs, with a commitment to invest an additional $5 million for diversity and inclusion programs over the next year. NHL and the NHL Shield are registered trademarks of the National Hockey League. NHL and NHL team marks are the property of the NHL and its teams. © 2025 NHL. All Rights Reserved. About the National Hockey League Players' Association The National Hockey League Players' Association, established in 1967, is a labour organization whose members are the players in the National Hockey League. The NHLPA works on behalf of the players in varied disciplines such as labour relations, product licensing, marketing, international hockey and community relations, all in furtherance of its efforts to promote its members and the game of hockey. In 1999, the NHLPA Goals & Dreams fund was launched as a way for the players to give something back to the game they love. Over the past 24 years, more than 80,000 deserving children in 34 countries have benefited from the players' donations of hockey equipment. NHLPA Goals & Dreams has donated more than $25 million to grassroots hockey programs, making it the largest program of its kind. For more information on the NHLPA, please visit NHLPA, National Hockey League Players' Association and the NHLPA logo are registered trademarks of the NHLPA and are used under license. © NHLPA. All Rights Reserved.

EA to Release First Quarter Fiscal Year 2026 Results on July 29, 2025
EA to Release First Quarter Fiscal Year 2026 Results on July 29, 2025

Business Wire

time10-07-2025

  • Business Wire

EA to Release First Quarter Fiscal Year 2026 Results on July 29, 2025

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: EA) will release its financial results for the fiscal quarter ended June 30, 2025 after the close of market on Tuesday, July 29, 2025. In conjunction with this release, EA will host a conference call to review its financial results for the fiscal quarter, discuss its outlook for the future and may disclose other material developments affecting its business and/or financial performance. Listeners may access the conference call live via a dial-in number or audio webcast. Tuesday, July 29, 2025 2:00 pm Pacific Time (5:00 pm Eastern Time) Dial-in numbers: Domestic:(855) 761-5600; International:(646) 307-1097 Conference ID: 5939891 Webcast: EA's financial results release will be available after the close of market on July 29, 2025 on EA's website at A dial-in replay of the conference call will be available until August 5, 2025 at (800) 770-2030 (domestic) or (609) 800-9909 (international) using pin code 5939891. An audio webcast replay of the conference call will be available for one year at Updates regarding EA's business are available on EA's blog at About Electronic Arts Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers. In fiscal year 2025, EA posted GAAP net revenue of approximately $7.5 billion. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality brands such as EA SPORTS FC™, Battlefield™, Apex Legends™, The Sims™, EA SPORTS™ Madden NFL, EA SPORTS™ College Football, Need for Speed™, Dragon Age™, Titanfall™, Plants vs. Zombies™ and EA SPORTS F1 ®. More information about EA is available at EA, EA SPORTS, EA SPORTS FC, Battlefield, Need for Speed, Apex Legends, The Sims, Dragon Age, Titanfall, and Plants vs. Zombies are trademarks of Electronic Arts Inc. John Madden, NFL, FIFA and F1 are the property of their respective owners and used with permission. Safe Harbor for Forward-Looking Statements During the course of the presentation, Electronic Arts may make forward-looking statements regarding future events or the future financial performance of the company that are subject to change. Statements including words such as 'anticipate,' 'believe,' 'expect,' 'intend,' 'estimate,' 'plan,' 'predict,' 'seek,' 'goal,' 'will,' 'may,' 'likely,' 'should,' 'could' (and the negative of any of these terms), 'future' and similar expressions also identify forward-looking statements. These forward-looking statements are not guarantees of future performance and reflect management's current expectations. Our actual results could differ materially from those discussed in the forward-looking statements. Factors that might cause or contribute to such differences include those discussed in Part II, Item 1A of Electronic Arts' latest Quarterly Report on Form 10-Q under the heading 'Risk Factors', as well as in other documents we have filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2025. We assume no obligation to revise or update any forward-looking statement for any reason, except as required by law.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store