EA Stock Summary and Trading Ideas (Electronic Arts | NASDAQ:EA)

Electronic Arts is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC (formerly FIFA), Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

Electronic Arts trades on the NASDAQ stock market under the symbol EA.

As of December 20, 2024, EA stock price declined to $147.80 with 3,049,307 million shares trading.

EA has a beta of 0.47, meaning it tends to be less sensitive to market movements. EA has a correlation of 0.09 to the broad based SPY ETF.

EA has a market cap of $39.05 billion. This is considered a Large Cap stock.

Last quarter Electronic Arts reported $2 billion in Revenue and $2.15 earnings per share. This beat revenue expectation by $39 million and exceeded earnings estimates by $.13.

In the last 3 years, EA traded as high as $168.50 and as low as $108.53.

The top ETF exchange traded funds that EA belongs to (by Net Assets): VTI, VOO, VO, XLC, QQQ.

EA has underperformed the market in the last year with a price return of +8.8% while the SPY ETF gained +27.8%. However, in the short term, EA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.0% vs +4.4% return in SPY. But in the last 2 weeks, EA shares have been beat by the market, returning -11.5% compared to an SPY return of -2.4%.

EA support price is $146.07 and resistance is $149.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EA shares will trade within this expected range on the day.