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Mixed Performance and Uncertainties Lead to Hold Rating for DeNA Co

Mixed Performance and Uncertainties Lead to Hold Rating for DeNA Co

DeNA Co, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Shunki Nakamura from Jefferies maintained a Hold rating on the stock and has a Yen2,070.00 price target.

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Shunki Nakamura has given his Hold rating due to a combination of factors affecting DeNA Co’s performance. The company’s second-quarter operating profit exceeded expectations by 15%, yet the gaming division, a crucial component of its business, underperformed due to a slowdown in Pokémon TCG Pocket. This resulted in a 31% quarter-over-quarter decline in gaming operating profit, with sales reaching ¥15.4 billion and a decrease in global monthly active users from 39 million to 30 million.
While other segments such as Sports, Live Streaming, and Healthcare showed positive growth, their contributions to the overall market impact remain limited. Additionally, the company’s fiscal year 2026 guidance remains unchanged, and there was no commentary from management regarding activist involvement. These mixed results and uncertainties have led Nakamura to maintain a Hold rating on DeNA Co’s stock.

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