Nintendo (NTDOF) stock was down on Tuesday despite praise for the video game company’s upcoming Metroid Prime 4: Beyond. The newest installment in the Metroid Prime series has received several glowing reviews from gaming publications, which has resulted in a Metacritic score of 81 out of 100. This has sparked hope among gamers that it will be another hit for Nintendo, though the stock price movement today might suggest that investors were expecting a higher score.
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It makes sense that investors would have high expectations for Metroid Prime 4: Beyond, considering the performance of other games in the series. Let’s dig into the Metacritic scores for past Metroid Prime titles.
- Metroid Prime — 97
- Metroid Prime 2: Echoes — 92
- Metroid Prime Pinball — 79
- Metroid Prime: Hunters — 85
- Metroid Prime 3: Corruption — 90
- Metroid Prime Trilogy — 91
- Metroid Prime: Federation Force — 64
While Metroid Prime 4: Beyond will be released 18 years after Metroid Prime 3: Corruption, other Metroid titles have been released since then. Nintendo released Metroid Dread, the fifth mainline game, in 2021 and it received an 88 on Metacritic.
Nintendo Stock Movement Today
Nintendo stock was down 5.74% on Tuesday, but remained up 40.12% year-to-date. NTDOF stock has also rallied 43.72% over the past 12 months. Much of the gains Nintendo stock has experienced over the past year are tied to the Switch 2, which has outperformed expectations with record numbers of units sold.
Is Nintendo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Nintendo is Hold, based on four Buy, three Hold, and three Sell ratings over the past three months. With that comes an average NTDOF stock price target of $89.98, representing a potential 10.7% upside for the shares.
