BANDAI NAMCO Holdings: Buy Rating Affirmed Amid Strong Fan Engagement and Quality Game Design

Jefferies analyst Shunki Nakamura has maintained their bullish stance on NCBDF stock, giving a Buy rating on May 22.

Shunki Nakamura has given his Buy rating due to a combination of factors that highlight the enduring strength of BANDAI NAMCO Holdings. Despite the mixed reception of Elden Ring Nightreign, which received a Metacritic score of 78 compared to its predecessor’s higher scores, the game benefits from a dedicated fanbase that is likely to support its sales. This strong fan engagement is a positive indicator for the company’s revenue prospects.
Furthermore, the game is praised for its core strengths, such as responsive combat mechanics, memorable boss designs, and a wide variety of character classes, which contribute to its replayability. These elements underscore FromSoftware’s reputation for quality, suggesting that BANDAI NAMCO can continue to capitalize on its intellectual properties. Nakamura’s rating reflects confidence in the company’s ability to leverage these strengths for sustained growth, making it a promising investment opportunity.

In another report released on May 22, J.P. Morgan also maintained a Buy rating on the stock with a Yen5,900.00 price target.