Benchmark analyst Mike Hickey lowered the firm’s price target on Nintendo (NTDOY) to 9,000 yen from 11,500 yen and keeps a Buy rating on the shares. Key growth catalysts include continued Switch 2 hardware penetration and a strong FY27 release slate including Yoshi and the Mysterious Book, Star Fox, Splatoon Raiders, and upcoming Fire Emblem and Pokemon titles, the analyst tells investors.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTDOY:
- Nintendo (NTDOY) Stock Falls 7% as Switch 2 Price Hike Exposes AI Memory Crunch
- The Week That Was, The Week Ahead: Macro and Markets, May 10
- Morning News Wrap-Up, 5/8/26: Today’s Biggest Stock Market Stories!
- Nintendo Stock (NTDOF) Slammed by Switch 2 Price Increase Plans
- Nintendo raises prices for Switch 2 consoles in Japan, U.S., Canada, Europe