Electronic Arts price target raised to $210 from $179 at Wedbush

Wedbush raised the firm’s price target on Electronic Arts (EA) to $210 from $179 and keeps an Outperform rating on the shares. The firm notes the company delivered solid upside for its Q4 report and guided above consensus for FY26. There were mostly bright spots in the earnings release, with outstanding performance from EA Sports and The Sims driving bookings upside, more than offsetting ongoing weakness in Apex Legends. Wedbush thinks it is highly likely that EA will deliver FY26 results near the high end of its guidance, with contribution of $500M from new titles, contribution of $350M from pricing, and a decline of $300M from the Apex Legends headwind.