Wedbush analyst Michael Pachter reiterated a Buy rating on Electronic Arts (NASDAQ:EA) on Wednesday, setting a price target of $175, which is approximately 17.47% above the present share price of $148.97.
Pachter expects Electronic Arts to post earnings per share (EPS) of $0.64 for the first quarter of 2021.
The current consensus among 18 TipRanks analysts is for a Moderate Buy rating of shares in Electronic Arts, with an average price target of $151.18.
The analysts price targets range from a high of $175 to a low of $124.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.15 billion and a net profit of $149 million. The company's market cap is $43.18 billion.
According to TipRanks.com, Wedbush analyst Michael Pachter is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.0% and a 61.98% 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.