Nintendo Stock (NTDOF) Rallies Ahead of Switch 2 Launch

Nintendo (NTDOF) stock got a boost on Wednesday as the video game company prepared for the launch of the Switch 2. The Switch 2 is set to be released tomorrow, but some stores will hold midnight launch events to attract customers. This has investors and gamers hyped, as that means the Switch 2 release is only about 12 hours away.

Nintendo stock has seen positive movement throughout 2025 as investors awaited the launch of the Switch 2. There are high hopes for the console, with Nintendo expecting 15 million units sold in its first year. There are also expectations that it could surpass this number. If all goes well, the Switch 2 could reach or surpass the original Switch’s lifetime sales of 152.15 million units.

Nintendo stock was up 1.93% as of Wednesday morning, building on a 41.99% year-to-date and 43.93% 12-month rally.

Nintendo Switch 2 Patch Notes

With the launch of the Switch 2 less than a day away, Nintendo has released the first set of patch notes for the console:

• Use of compatible Nintendo Switch software
• Nintendo Switch Online
• GameChat
• GameShare
• System transfer from Nintendo Switch
• Virtual game cards
• Nintendo eShop
• News
• Upload of screenshots and videos to the server
  • Nintendo Switch App on a smart device is needed to view and download screenshots and videos uploaded to the server
• Link with the smart device apps Nintendo Switch Parental Controls and Nintendo Switch App
• Linking to a Nintendo Account is required for network features, with some exceptions.
• Updating to version 20.1.1 is required to use Nintendo Switch 2 game-key cards.
• Updating to version 20.1.1 is required to use a microSD Express card.

Is Nintendo Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus estimate 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 $90.17, representing a potential 9.06% upside.

See more NTDOF stock analyst ratings