Stock Rating Downgrade
The Value Trend Rating for Electronic Arts Inc (NASDAQ: EA) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Electronic Arts Inc (NASDAQ: EA) stock closed at $127.27 on 4/19/24 after an increase of 1.3%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -1.5% during the last week.
Current PriceTarget Research Rating
EA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Electronic Arts has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Electronic Arts has a poor Appreciation Score of 24 but a slightly positive Power Rating of 62, producing the Negative Value Trend Rating.
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