Nintendo (NTDOF) stock jumped on Wednesday after the company received a new patent and was credited for contributing to the success of the gaming industry in 2025. On that first topic, Nintendo has received a patent in the U.S. that covers the summoning of characters to use in combat. This is related to the company’s Pokémon series and the battles that take place with the titular creatures.
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The Nintendo patent matters as the company is currently in a legal battle with Palworld developer Pocketpair over patent infringement. Palworld also features characters who are summoned to do battle. However, this isn’t a feature exclusive to that game, as many developers make use of similar mechanics. It’s unclear if Nintendo intends to enforce this patent broadly, or how it will affect its lawsuit with Pocketpair.
The other big Nintendo news today comes from an estimate for the 2025 gaming industry. Research firm Newzoo estimated that the 2025 games market will reach $188.8 billion this year, representing a 3.4% increase. Nintendo plays a part in this, as the firm cited the successful launch of the Switch 2 as a major contributing factor to the growth.
Nintendo Stock Movement Today
Nintendo stock was up 0.71% on Wednesday, extending a 62.58% year-to-date rally. Shares of NTDOF have also climbed 79.35% over the past 12 months. The release of the Switch 2 earlier this year has been the main driver for the stock gains.
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, three Hold, and a single Sell rating over the past three months. With that comes an average NTDOF stock price target of $100.35, representing a potential 8.08% upside for the shares.
