Hold Rating for DeNA Co: Strong Near-Term Performance Overshadowed by Long-Term Uncertainty

DeNA Co (DNACF – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Shunki Nakamura from Jefferies reiterated a Hold rating on the stock and has a Yen4,080.00 price target.

Shunki Nakamura has given his Hold rating due to a combination of factors influencing DeNA Co’s stock. The primary reason for this rating is the company’s strong performance in the near term, driven by the success of their game, PokéPoké, which has maintained a top-10 ranking and shows strong monetization potential. However, Nakamura expresses caution due to the company’s heavy reliance on this single title, which creates uncertainty about its long-term prospects.
Despite raising the price target to ¥4,080, Nakamura maintains a Hold rating because of the limited visibility beyond the fiscal year ending in March 2026. This suggests that while the current outlook is positive, the lack of diversification in DeNA’s portfolio poses a risk to its future growth and stability, leading to a more conservative recommendation.