Nintendo (NTDOY) just finished its Direct highlighting details and new games for the Switch 2, and we have all the biggest announcements. First off, the Nintendo Switch 2 will release on June 7, 2025, which matches previous estimates. What wasn’t revealed in the presentation was the price of the upcoming video game console. However, Nintendo announced this afterward with a U.S. MSRP of $449.99.
New Switch 2 games were also shown off during the Direct. That includes Mario Kart World, the latest in the long-running racing series. Nintendo showcased a new Donkey Kong game, Donkey Kong Bananza, Switch 2 Editions of original Switch games, and a surprise announcement from FromSoftware. The Duskbloods is a new game from the Elden Ring developer that will be exclusive to the Switch 2 and will release in 2026. Several other games were also revealed during the event.
Finally, Nintendo showed off new features and specs of the Switch 2. That includes the ability to use the Joy-Con controllers as mice, a 1080p resolution screen supporting up to 120 fps, and the ability for the console to play games at 4K 60 fps. Also revealed in the Direct was HDR support, expanded system memory, a magnetic controller mounting system, a new chat system, and more.
How Are Nintendo Shareholders Reacting to the Switch 2 Direct?
Reception to the Nintendo Switch 2 Direct is positive, with NTDOY shares up 2.8% and (NTDOF) stock gaining 2.17% as of this writing. This positive movement builds on year-to-date rallies of 20.44% for NTDOY and 19.01% for NTDOF.
Is Nintendo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Nintendo stock is Moderate Buy based on six Buy, two Hold, and one Sell ratings over the last three months. With that comes an average price target of $79.47, a high of $103.08, and a low of $47.40. This represents a potential 14.68% upside for NTDOF stock.
