Analyst Mike Hickey of Benchmark Co. maintained a Buy rating on Electronic Arts, retaining the price target of $200.00.
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Mike Hickey has given his Buy rating due to a combination of factors that highlight the strength of Electronic Arts’ upcoming Battlefield 6 release. The Battlefield franchise has historically thrived on its multiplayer modes, with past entries like Battlefield 3, Battlefield 1, and Battlefield 4 achieving significant commercial success despite criticisms of their single-player campaigns. This trend is expected to continue with Battlefield 6, as early multiplayer testing has shown record engagement and strong community interest, indicating a promising launch.
Furthermore, the multiplayer component of Battlefield 6 has been the focal point throughout its development, with extensive community testing and engagement through Battlefield Labs and open beta events. This has resulted in millions of matches played and substantial streaming activity, suggesting a robust player base and potential for long-term success. The emphasis on multiplayer innovation and live-service monetization aligns with the franchise’s historical strengths, making EA’s stock an attractive buy according to Hickey’s analysis.
According to TipRanks, Hickey is a 5-star analyst with an average return of 7.0% and a 61.82% success rate. Hickey covers the Communication Services sector, focusing on stocks such as Electronic Arts, IMAX, and Genius Sports Limited.