Latest news with #NTDOY
Yahoo
3 days ago
- Business
- Yahoo
Why Nintendo Stock Is Slipping Today
Key Points After regularly selling out since its launch in June, it's reportedly much easier to find a Switch 2 in stock at stores now. The Switch 2 is off to a very strong start for Nintendo, but investors are wondering what the platform's future sales trajectory looks like. The Switch 2's performance is very important for Nintendo over the next five years. These 10 stocks could mint the next wave of millionaires › Nintendo (OTC: NTDOY) stock is seeing a modest pullback in Friday's trading. The gaming giant's share price was down 1.9% as of 3:30 p.m. ET, and had been down as much as 2.8% earlier in the session. Even with some recent sell-offs, the stock is still up roughly 49% in 2025. Nintendo stock is moving lower today in conjunction with news that the company's Switch 2 console is no longer selling out at retail. Nintendo stock slips on Switch 2 supply news Nintendo's Switch 2 console launched on June 5 and was a massive hit out of the gate. The video game system has gone on to become the fastest-selling console in the U.S. ever, and moved over 1.6 million units in its first month on sale in the country. While the console was regularly selling out almost immediately after being restocked by retailers, it's now reportedly become much easier to walk into a store and find a Switch 2 system on the shelves. What's next for Nintendo? The Switch 2 has gotten off to a very strong start, and early sales data for key software including Mario Kart World has also been very encouraging. Nintendo seems to have done a good job ensuring that it had numerous systems ready to sell in the launch window, and news that the console is no longer immediately selling out after being restocked doesn't necessarily mean that the gaming platform won't be a big success over the long term. On the other hand, the Switch 2's explosive launch performance doesn't guarantee that the console will be able to match the sales longevity of its predecessor -- and there's a lot of guesswork involved in charting its future sales trajectory. Should you buy stock in Nintendo right now? The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,774!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,942!* Now, it's worth noting Stock Advisor's total average return is 1,040% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Nintendo. The Motley Fool has a disclosure policy. Why Nintendo Stock Is Slipping Today was originally published by The Motley Fool Sign in to access your portfolio
Business Insider
14-07-2025
- Entertainment
- Business Insider
Nintendo, Universal file copyright info for ‘Donkey Kong' film, VGC reports
Nintendo (NTDOY) and Universal (CMCSA) have filed copyright information in May for an untitled film starring the video game character Donkey Kong, who recently appeared in 2023's 'The Super Mario Bros. Movie,' VideoGamesChronicle's Jordan Middler reports. The Fly notes that Seth Rogen voiced the character in the 2023 film, though there is no further information about the upcoming film. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Yahoo
20-06-2025
- Business
- Yahoo
Why Nintendo Stock Surged Today
Nintendo stock surged again today thanks to strong demand for its Switch 2 console. After selling out of its initial launch shipments, Switch 2 is now being restocked by retailers. The Switch 2 launch has been a big success for Nintendo. 10 stocks we like better than Nintendo › Nintendo (OTC: NTDOY) stock saw another day of big gains in Wednesday's trading. The company's share price gained 6.1% in the daily session and is now up 56.5% across 2025. Nintendo's gains today were driven by indications that demand for its recently released Switch 2 gaming console remains quite high. The Switch 2 quickly became the fastest-selling gaming platform in history following its release earlier this month, and the new system is powering a strong rally for Nintendo stock. Nintendo released its Switch 2 platform on June 5, and the new console has gotten off to a fantastic start. The console, which launched at a $449 price point, sold more than 1.1 million units in the U.S. within its first week on store shelves. The performance was good enough to make it the most successful video game platform launch in history. On a worldwide basis, the Switch 2 managed to sell 3.5 million units in just four days -- a performance that also set a new sales record. Now, new shipments from Nintendo mean that retailers are restocking the red-hot console -- and reports suggest that the platform is continuing to quickly sell out. Nintendo appears to have a big hit on its hands with the Switch 2. Unlike some other console launches, the company did a commendable job ensuring that it had a lot of units produced -- but demand still appears to be significantly exceeding supply at some point. While there is some risk for investors that front-loaded demand for the new console may not provide a great indicator as to the platform's long-term performance outlook, the launch has clearly gone very well. Before you buy stock in Nintendo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nintendo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor's total average return is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Nintendo. The Motley Fool has a disclosure policy. Why Nintendo Stock Surged Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-06-2025
- Business
- Yahoo
Will the Switch 2 Send Nintendo's Stock to the Next Level?
Nintendo's recently launched Switch 2 console has been breaking records. The company is expecting sales to rise by more than 60% this year. Its valuation is a bit rich, with the stock trading at close to 50 times its trailing earnings. 10 stocks we like better than Nintendo › The latest video game console from Nintendo (OTC: NTDOY) is now out. The Switch 2 is a newer version of the company's original Switch device, and the early indications are that it is a big hit thus far. With shares of Nintendo already up more than 40% this year (returns as of June 13), could this send this stock to even higher levels in the weeks and months ahead? Here's a closer look at what the early numbers are for the Switch 2, and whether Nintendo's stock is a no-brainer buy at this point. The Switch 2 officially launched on June 5. Through just the first four days after its launch, there were more than 3.5 million units sold, making it the fastest-selling Nintendo console. The original Switch device didn't even hit 3 million units sold by the end of its first month. The new console also hit a record for U.S. sales during its launch week, with more than 1.1 million units sold. For the fiscal year, which ends in March, Nintendo forecasts that it will end up selling 15 million units, and it looks to have a terrific start already. This is particularly impressive given that the new Switch console is priced $150 higher than the original Switch (launched in 2017), and $100 higher than the Switch OLED version (launched in 2021). Nintendo recently wrapped up a tough fiscal year, which ended on March 31. Its sales fell by more than 30% to 1.2 trillion yen ($8 billion) as hardware sales plummeted more than 31%, with consumers eagerly awaiting the launch of the new Switch 2 console and holding off on new purchases. Profits also fell by 43% to 279 billion yen ($1.9 billion). However, a strong performance by the Switch 2 could turn those fortunes around. The company is expecting sales for the current fiscal year to top 1.9 trillion yen ($13.1 billion), which would translate into a growth rate of around 63%. It would, however, be just a 14% improvement from fiscal 2024. Nintendo's stock has been a raging-hot buy in recent months. The danger, however, is that with such a strong run, it may be difficult for investors to generate strong returns at an inflated price. Currently, Nintendo's stock trades at around 50 times its trailing earnings. Even based on analyst forecasts, it's at a forward price-to-earnings multiple of 46. Those are high earnings multiples to be paying for Nintendo's stock. While the company has some terrific, iconic brands and intellectual property in its portfolio, its growth may not necessarily be strong enough to justify such a high premium. More than 60% revenue growth this year is impressive, but given the steep drop-off it experienced in the most recent fiscal year, a 14% growth rate over a two-year window looks far less impressive. Another risk to factor in is a possible slowdown in global economies, especially as tariffs weigh on countries all over the world. While Switch 2 sales were impressive out of the gate, longer-term question marks remain about how well demand will hold up over the entire year, and whether software sales will also be strong. Nintendo is a great company, but I wouldn't invest in it at its current valuation. A lot would have to go right for the gaming stock to continue rallying much higher than where it is today. Before you buy stock in Nintendo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nintendo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor's total average return is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool recommends Nintendo. The Motley Fool has a disclosure policy. Will the Switch 2 Send Nintendo's Stock to the Next Level? was originally published by The Motley Fool
Globe and Mail
20-06-2025
- Business
- Globe and Mail
Why Nintendo Stock Surged Today
Nintendo (OTC: NTDOY) stock saw another day of big gains in Wednesday's trading. The company's share price gained 6.1% in the daily session and is now up 56.5% across 2025. Nintendo's gains today were driven by indications that demand for its recently released Switch 2 gaming console remains quite high. The Switch 2 quickly became the fastest-selling gaming platform in history following its release earlier this month, and the new system is powering a strong rally for Nintendo stock. Switch 2 continues to push Nintendo stock higher Nintendo released its Switch 2 platform on June 5, and the new console has gotten off to a fantastic start. The console, which launched at a $449 price point, sold more than 1.1 million units in the U.S. within its first week on store shelves. The performance was good enough to make it the most successful video game platform launch in history. On a worldwide basis, the Switch 2 managed to sell 3.5 million units in just four days -- a performance that also set a new sales record. Now, new shipments from Nintendo mean that retailers are restocking the red-hot console -- and reports suggest that the platform is continuing to quickly sell out. What's next for Nintendo? Nintendo appears to have a big hit on its hands with the Switch 2. Unlike some other console launches, the company did a commendable job ensuring that it had a lot of units produced -- but demand still appears to be significantly exceeding supply at some point. While there is some risk for investors that front-loaded demand for the new console may not provide a great indicator as to the platform's long-term performance outlook, the launch has clearly gone very well. Should you invest $1,000 in Nintendo right now? Before you buy stock in Nintendo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nintendo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor 's total average return is992% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
