Nintendo (NTDOF) stock was up on Tuesday after the video game company held a special livestream called Pokémon Presents. This stream showed off new details about upcoming games, series, and more for the Pokémon series.
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Here’s a quick breakdown of the biggest reveals during the Nintendo Pokémon Presents:
- New details about Pokémon Legends: Z-A were revealed.
- That includes wild Pokemon undergoing Mega Evolutions and a Mega Dragonite.
- There will also be a special Switch 2 bundle that includes the game.
- Nintendo also revealed that the game will be released on October 16, 2025.
- Pokémon Champions will also get three new battle modes available in Single Battle and Double Battle formats.
- The Pokemon Company has teamed up with Wallace & Gromit animation studio Aardman to create Pokémon Tales: The Misadventures of Sirfetch’d & Pichu.
- Nintendo launched a new puzzle game called Pokémon Friends on Switch, Switch 2, Android, and iOS devices.
- Also revealed during the livestream were cards in the upcoming Pokémon Trading Card Game Mega Evolution expansion, including Mega Lucario ex, Mega Kangaskhan ex, and Mega Gardevoir ex.
- Special cards will be given to participants at the 2025 Pokémon World Championships set to take place from August 15 to August 17 in Anaheim, California.
Nintendo Stock Movement Today
Alongside all of the positive Pokémon news today was a 0.82% jump for NTDOF stock. This extends the shares’ 46.98% year-to-date rally and its 60.94% increase over the past 12 months. Investors no doubt hope a new Pokémon title on the Switch 2 will boost unit sales even higher.
Is Nintendo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Nintendo is Moderate Buy, based on eight Buy, two Hold, and a single Sell rating over the past three months. With that comes an average NTDOF stock price target of $95.10, representing a potential 8.8% upside for the shares.
