video games

Monetization ceilings and creative challenges were cited by a Jefferies analyst in a Thursday downgrade of Electronic Arts Inc. (NASDAQ: EA). The Analyst Analyst Timothy O’Shea downgraded Electronic Arts from Buy to Hold and lowered the price target from $139 to $95. The Thesis Jefferies...

The National Basketball Association extended its partnership with video game company Take-Two Interactive Software, Inc (NASDAQ: TTWO) for a reported seven years in a deal that can be seen as a "vote of confidence," according to Bank of America. The Analyst Bank of America's Justin...

The performance of the blockbuster hit “Fortnite” in 2018 is one of the biggest stories in gaming in recent memory. “Fortnite” broke all kinds of records, and while game developer Epic Games is a private company, there were plenty of public companies that benefited from...

Mobile video game maker Zynga Inc (NASDAQ: ZNGA) said Thursday it will immediately acquire an 80-percent stake in the Finnish mobile game studio Small Giant Games for $560 million. The announcement has at least two Street analysts bullish on Zynga's prospects in 2019 and beyond. The Analysts...

Epic Games' blockbuster online combat game "Fortnite" is showing no signs of a slowdown. Most recently, the closely held company confirmed it has 200 million registered users for the game, a 60-percent increase from 125 million in June and 40 million in January. This widely...

Video game companies looking to capture more share of gamers' time must put forth nothing short of the "very best," Take-Two Interactive Software, Inc (NASDAQ: TTWO) CEO Strauss Zelnick told CNBC in a Thursday interview.  What Happened Take-Two's strategy to win market share...

The longer-term bullish case for Nvidia Corporation (NASDAQ: NVDA) remains unchanged despite the existence of multiple near-term challenges, according to Morgan Stanley. The Analyst Morgan Stanley's Joseph Moore maintains an Overweight rating on Nvidia with a price target lowered from $273...

Turtle Beach Corp. (NASDAQ: HEAR) conservatively raised its fourth-quarter guidance Tuesday for a projection of 18-percent year-over-year revenue growth. The Analysts D.A. Davidson analyst Tom Forte reiterated a Buy rating on Turtle Beach and lowered the price target from $38 to $30. Lake...

November is a busy month for Activision Blizzard, Inc. (NASDAQ: ATVI). The company just wrapped up its BlizzCon two-day event and next it reports earnings after market close on Thursday, Nov. 8.  BlizzCon didn’t exactly go how management was planning as fans were outraged over the...

A bullish case for can be made for Akamai Technologies, Inc. (NASDAQ: AKAM) after the tech company's third-quarter earnings beat Monday, according to SunTrust Robinson Humphrey.  What Happened Akamai said it earned 94 cents per share in Q3 on revenue of $670 million versus...