Oppenheimer analyst Andrew Uerkwitz maintained a Buy rating on Electronic Arts (NASDAQ:EA) on Friday, setting a price target of $150, which is approximately 16.89% above the present share price of $128.33.
Uerkwitz expects Electronic Arts to post earnings per share (EPS) of $1.27 for the fourth quarter of 2020.
The current consensus among 16 TipRanks analysts is for a Moderate Buy rating of shares in Electronic Arts, with an average price target of $152.1.
The analysts price targets range from a high of $165 to a low of $133.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.46 billion and a net profit of $471 million. The company's market cap is $37.06 billion.
According to TipRanks.com, Oppenheimer analyst Andrew Uerkwitz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 24.2% and a 62.35% 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.