EA's Back‑To‑Back Hits Power Q1 Beat—Analysts Forecast 8% Revenue Growth

As the gaming industry continues to thrive, Electronic Arts Inc. (NASDAQ:EA) has become a standout performer, capitalizing on strong demand for its popular franchises. This momentum is reflected in the company’s latest financial results, signaling robust growth potential and investor confidence.

Shares of Electronic Arts rallied in early trading on Wednesday, after the company on Tuesday reported upbeat fiscal first-quarter revenues.

EA stock is surging on strong momentum. Check the latest price here.

The announcement came amid an exciting earnings season. Here are some key analyst takeaways.

Wedbush On Electronic Arts

Analyst Alicia Reese maintained an Outperform rating and a price target of $210.

Electronic Arts reported its quarterly revenues ahead of expectations, "driven by better-than-expected performances from EA SPORTS, Apex Legends and back catalog titles like Split Fiction," Reese said in a note. Non-GAAP earnings came in at 26 cents per share, topping the consensus of 11 cents per share, ...