Earnings OutlookWith operating profit set to grow more than four times over the next three years, analysts raise the price target to ¥15,580.
Growth StrategyAnalyst expects three factors to drive profit growth: the release of the Switch 2, the eventual release of a lower-priced version, and Nintendo’s extensive software lineup.
Pre-Order DemandUnprecedented Pre-Order Demand: Nintendo has received over 2.2m pre-order lottery applications for the NS2 in Japan alone, far exceeding both internal forecasts and available launch-day supply.