Will Nintendo Stock (NTDOF) Go ‘Bananza’ Following Its Next Direct?

Nintendo (NTDOF) stock was up on Tuesday after the video game company announced a new Direct. This will focus on its upcoming Switch 2 game, Donkey Kong Bananza. The Donkey Kong Bananza Direct is set to take place tomorrow at 9 a.m. ET.

A Direct focused on a Switch 2 game could be a major catalyst for NTDOF stock. The Switch 2 has been over for over a week now, but lacks a wide variety of new, original titles for gamers to play. The only new game from Nintendo on the console is Mario Kart World, which launched alongside it. Details about a new Switch 2 game could fuel excitement and help boost sales.

Donkey Kong Bananza has all the makings of a hit for Nintendo. It’s a new game for the Switch 2, which became the fastest-selling console in history with 3.5 million units sold in four days, has a $70 price tag that’s below Mario Kart World’s $80, and features a well-known character from Nintendo’s library. This could push NTDOF stock higher when the game is released on July 17, 2025.

Nintendo Stock Jumps on Direct News

News of the Donkey Kong Bananza Nintendo Direct already has shareholders excited. The company’s stock has risen 3.05% as of Tuesday afternoon, extending a 48.64% year-to-date rally and 53.87% climb over the past 12 months. When that Direct comes out tomorrow, it could further excite games and shareholders, resulting in more potential gains for NTDOF.

Is Nintendo Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Nintendo is Moderate Buy, based on eight Buy, two Hold, and one Sell rating over the past three months. With that comes an average price target of $92.41, representing a potential 6.77% upside for the shares.

See more NTDOF stock analyst ratings