27-05-2025
When Is the Next Nintendo Direct?
It's been a little over a month since the last Nintendo (NTDOF) Direct, and gamers are starting to wonder when the next Direct will be. New rumors claim that Nintendo plans to release its next Direct around the same time as the Switch 2's launch, which is scheduled for June 5, 2025.
Confident Investing Starts Here:
According to these rumors, Nintendo plans to release the Direct the same week as the Switch 2's launch, or during the following week. If true, this would likely provide gamers and investors with more details about the company's upcoming games.
While Nintendo revealed many details about Switch 2 games, such as the release dates for Mario Kart World Tour and Donkey Kong Bananza, others, like Metroid Prime 4, still don't have launch dates. A new direct could include this information while also showing new gameplay footage to build excitement for upcoming games during the Switch 2's release.
Analysts Remain Bullish Ahead of the Switch 2's Release
Three analysts updated their coverage of Nintendo stock last week as the company's new console launch is just around the corner.
Four-star Benchmark Co. analyst Mike Hickey reiterated a Buy rating and increased his price target to $91.18 from $82.77, representing a potential 10.86% upside.
Citi analysts Tokiya Baba maintained a Buy rating, but cut their NTDOF price target to $92.58 from $98.20, suggesting a 12.57% upside.
J.P. Morgan analyst Junko Yamamura kept a Buy rating and raised her price target to $107.31 from $93.99, implying a 30.47% upside.
Is NTDOF Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Nintendo is Moderate Buy, based on seven Buy, one Hold, and one Sell rating over the last three months. With that comes an average NTDOF stock price target of $89.45, representing a potential 8.75% upside for the shares.
