Analyst Atul Goyal from Jefferies maintained a Buy rating on KONAMI HOLDINGS and decreased the price target to Yen27,330.00 from Yen27,640.00.
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Atul Goyal has given his Buy rating due to a combination of factors that reflect the long-term potential of KONAMI HOLDINGS. Despite some initial technical issues with the launch of Metal Gear Solid Delta, which sold over a million units on its first day, the company’s broader strategy remains strong. The issues related to the PS5 Pro crashes and frame rate problems are tied to Unreal Engine 5 optimization and are seen as short-term setbacks.
In the bigger picture, the strength of eFootball and the revival of intellectual properties are significant growth drivers for the company. These elements, along with solid profit margins, support a positive outlook for KONAMI HOLDINGS. Although there are slight reductions in the operating profit forecasts for the fiscal years 2026 and 2027, the overall long-term view remains constructive, justifying the Buy rating.
Goyal covers the Communication Services sector, focusing on stocks such as Nintendo Co, KONAMI HOLDINGS, and Capcom Co. According to TipRanks, Goyal has an average return of 15.6% and a 70.33% success rate on recommended stocks.
In another report released on September 2, J.P. Morgan also maintained a Buy rating on the stock with a Yen26,100.00 price target.