TD Cowen analyst Doug Creutz has reiterated their bullish stance on EA stock, giving a Buy rating on July 28.
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Doug Creutz has given his Buy rating due to a combination of factors including Electronic Arts’ strong financial performance and promising future prospects. The company reported first-quarter bookings and EBIT that surpassed both the firm’s and consensus estimates, largely driven by the robust performance of EA Sports. Management has also maintained a positive outlook for fiscal year 2026, which adds to the confidence in the company’s growth trajectory.
Furthermore, the upcoming reveal of Battlefield 6 is anticipated to be a significant catalyst for the stock. The company has raised its price target from $172 to $183, reflecting the positive outlook. The impressive growth in full-game bookings and the better-than-expected performance in live service bookings further support the Buy rating. Overall, the combination of strong current performance and strategic future plans underpins the positive recommendation.
According to TipRanks, Creutz is a 5-star analyst with an average return of 13.7% and a 63.27% success rate. Creutz covers the Communication Services sector, focusing on stocks such as Roblox, Electronic Arts, and Paramount Global Class B.
In another report released on July 28, Freedom Capital Markets also initiated coverage with a Buy rating on the stock with a $185.00 price target.