Capcom Stock (CCOEY) Jumps on Dead Rising Return Rumors

Capcom (CCOEY) stock was up on Friday alongside rumors that the video game development company is planning to focus more on its Dead Rising series. According to these reports, Capcom wants to reignite interest in the series ahead of a possible Dead Rising 5. The Dead Rising series last got a game in 2024, which was a remaster of the first Dead Rising.

Capcom’s desire to revive the Dead Rising series makes sense. The company has a strategy that has worked well for it recently. It continues to release new titles for its popular series, such as Monster Hunter and Resident Evil, while also announcing new entries to classic IPs, such as Onimusha and Mega Man. The company has also released a steady stream of remasters and remakes to gauge gamers’ interest in its IPs.

Capcom has also been testing the waters with new IPs. It launched Pragmata last month, which was a success with over 2 million unit sales in roughly two weeks. There have also been suggestions that the game’s success could lead to more entries in the series.

Capcom Stock Movement Today

Capcom stock was up slightly on Friday, but was still down 17.4% year-to-date. Investors will also note that the shares have fallen 32.19% over the past 12 months.

CCOEY stock trading activity today saw some 31,000 shares change hands, which was well above the company’s three-month average daily trading volume of about 7,410 shares.

Is Capcom Stock a Buy, Sell, or Hold?

Turning to Wall Street, traditional analyst coverage of Capcom is lacking. Fortunately, TipRanks’ AI analyst Spark has it covered. Spark rates CCOEY stock as Neutral with a $10.50 price target. It cites “strong underlying financial quality (high profitability, strong balance sheet, and solid returns), but is held back by weak technical trend/momentum and a relatively high P/E; cash flow volatility” as reasons for this stance.