Morgan Stanley (NYSE:MS) analyst Brian Nowak maintained a Hold rating on Electronic Arts (NASDAQ:EA) on Tuesday, setting a price target of $130, which is approximately 9.87% above the present share price of $118.32.
Nowak expects Electronic Arts to post earnings per share (EPS) of $1.44 for the second quarter of 2020.
The current consensus among 24 TipRanks analysts is for a Moderate Buy rating of shares in Electronic Arts, with an average price target of $127.68.
The analysts price targets range from a high of $145 to a low of $110.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.39 billion and a net profit of $401 million. The company's market cap is $34.5 billion.
According to TipRanks.com, Morgan Stanley analyst Brian Nowak is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.7% and a 68.54% success rate.
Electronic Arts, Inc. engages in the provision of digital interactive entertainment. It develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers. It operates through the North America and International geographical segments. The company was founded by William M. Hawkins (NASDAQ:HWKN) III and William Gordon in 1982 and is headquartered in Redwood (NYSE:RWT) City, CA.