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Over 80% of Analysts Covering Electronic Arts Recommend ‘Buy’

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Dec. 4 2020, Updated 10:52 a.m. ET

EA’s stock returns

Electronic Arts (EA) stock has returned 35% in the last 12 months, 0.1% in the last month, and 1.4% in the last five days. EA stock rose 15% in 2016 and 33% in 2017. Since the start of 2018, it’s risen just under 40%. Peers Activision Blizzard (ATVI), Zynga (ZNGA), and Take-Two Interactive (TTWO) have returned 27%, 6.3%, and 14.6%, respectively, since the start of 2018.

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Analysts’ recommendations and price targets

Of the 29 analysts tracking EA, 23 recommend “buy,” and five recommend “hold.” Analysts’ 12-month average price target for EA is $149.40, and their median estimate is $150. EA is trading at a 2.3% discount to analysts’ median estimate.

Moving averages

On July 16, EA closed the trading day at $146.68. Based on that price, the stock is trading as follows:

  • 12.6% above its 100-day moving average of $130.25
  • 6.6% above its 50-day moving average of $137.62
  • 2.3% above its 20-day moving average of $143.39

Moving average convergence divergence

EA’s 14-day MACD (moving average convergence divergence) is 2.56. A stock’s MACD marks the difference between its short- and long-term moving averages. EA’s positive MACD score indicates an upward trading trend.

EA has a 14-day RSI (relative strength index) score of 64, which shows that the stock is very close to oversold. An RSI score above 70 indicates a stock may be overbought, while an RSI score below 30 indicates it may be oversold.

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