Breaking News
Get 40% Off 0
Is NVDA a 🟢 buy or 🔴 sell? Unlock Now

New 'Star Wars' title from EA set to be big draw this holiday season

Published Nov 15, 2019 12:11PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
EA
-0.65%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Ayanti Bera

(Reuters) - Electronic Arts Inc (NASDAQ:EA) launched "Star Wars Jedi: Fallen Order" on Friday, garnering strong reviews for its flagship action-adventure series that is crucial to its holiday sales, after the videogame publisher shelved "NBA Live" game.

The latest title, which scored 83% on Metacritic earlier in the day, follows the story of one of the last surviving Jedi as he attempts to rebuild the order.

In fiscal 2020, EA expects to sell 6 million to 8 million units of the latest title.

Fextralife, a Twitch streamer with channels views of over 400 million, said the title is a step in the right direction.

"There is a bit too much Uncharted in the game, and I was hoping for more of an action ARPG, akin to Dark Souls,", the gaming group said.

The game's official gameplay trailer garnered over 4 million views on YouTube.

The previous titles - "Star Wars: Battlefront I" launched in 2015 and "Star Wars: Battlefront II" in 2017 - have sold over 33 million copies combined, EA had said in October.

Jeff Cohen, analyst with Stephens, expects sales of the latest title to hit 8 million units, given the upcoming movie release.

The ninth film in the series, "Star Wars: The Rise of Skywalker" will hit the theaters by the end of December. "The Mandalorian", a web series set in the Star Wars universe, was also launched earlier this week on Disney+.

EA, which had previously canceled four "NBA Live" console titles in its popular basketball series, missed market expectation for 2020 adjusted revenue forecast in October.

"Pushing out NBA 20 also will clearly impact sales," Elazar Advisor analyst, Chaim Seigel, said.

"Star Wars Jedi: Fallen Order" is the biggest single-player focused game coming out at the end of the year.

"It has elements of Tomb Raider like environmental puzzles, a God of War style emotional story design and even Batman inspired fluid combat," Samuel Franklin, founder of gaming recommendation website Games Finder said.

According to Cowen analysts, the sales for latest Star Wars title could grow to 11 million units on consoles, estimating that every incremental million unit will add about 7 cents to earnings per share.

New 'Star Wars' title from EA set to be big draw this holiday season
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email