Home Gaming EA share price reaches 5 year high

EA share price reaches 5 year high

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EA-Stocks-are-high...dude

EA’s done well, I think, to turn its image around. Under Andrew Wilson\s stewardship, the good ship Electronic Arts has become a far less hated. A few issues with micro-transactions aside, much of the vociferous, toxic hate is no longer directed at EA. Quite a bit of that, of course, may have to do with Ubisoft usurping EA as the reigning champion of misdirected gamer hatred.

As we learned from EA’s earning calls, the company is doing resoundingly well.

Thanks to games like Dragon Age: Inquisition, EA reported net revenues soared 39% in the third fiscal quarter to almost $1.13 billion on a GAAP basis – which means it’s not creative, judged up accounting. That’s a rather tidy net income of $142 million compared to the loss they had in the same period the year before.

It’s the sort of things investors love. So much so, that it’s affecting EA’s stocks. The company’s share price has hit a five year high, with stocks jumping 6.2 percent to a staggering $54.61 a share.  As a result, EA now has a market capitalization of $14.40 billion. It now means that EA is the biggest, most valuable game publisher on the planet. Yes, EA is now bigger than Activision-Blizzard, whose market cap stands at $14.21 billion.

Of course, Activision’s market cap took a little bit of a dive after Destiny largely failed to live up to its own hype – and it’s a situation that Activision’s not been able to recover from.

Last Updated: January 29, 2015

21 Comments

  1. Exalted Overlord Geoffrey Tim

    January 29, 2015 at 11:39

    Just wait until EA’s share prices get the 5 year munchies.

    Reply

  2. Ryanza

    January 29, 2015 at 11:44

    I didn’t support EA. I am still of the opinion, fuck EA. Just had to say it.

    Reply

  3. Hammersteyn

    January 29, 2015 at 11:50

    I bet most of this is due to the sale of DLC. Has to be.

    Reply

  4. RinceThis

    January 29, 2015 at 11:51

    Thanks Ubisoft!

    Reply

    • Hammersteyn

      January 29, 2015 at 11:54

      lol

      Reply

  5. Tosh MA

    January 29, 2015 at 11:53

    Proving once again that nobody can argue with cold, hard cash.

    Reply

  6. Captain JJ the crafter

    January 29, 2015 at 11:54

    EA reaches five year low on my loyalty list.

    Reply

  7. Ghost In The Rift

    January 29, 2015 at 12:00

    Well they could have more cash if they decided to release Generals 2, what a shame.

    Reply

    • Tosh MA

      January 29, 2015 at 12:00

      I read that as “Genitals 2”. In that regard, they can suck my balls for killing Westwood.

      Reply

      • Ghost In The Rift

        January 29, 2015 at 12:05

        Amen brother!!

        Reply

    • Hammersteyn

      January 29, 2015 at 12:02

      Along with countless other properties they own. I suspect it will hit the mobile market before PC if Peter Moore has his way. Then you can spend MT on fuel for your tanks.

      Reply

      • Ghost In The Rift

        January 29, 2015 at 12:04

        lol wana see the hate that’s gonna come of that.

        Reply

      • Tosh MA

        January 29, 2015 at 12:05

        First you’ll have to unlock those tanks…

        Reply

        • Ghost In The Rift

          January 29, 2015 at 12:06

          By buying infantry for the Tanks!

          Reply

          • Tosh MA

            January 29, 2015 at 12:08

            Or waiting 30 days for them to “train” in tank operation.

          • Ghost In The Rift

            January 29, 2015 at 12:12

            I think i had a nightmare like that once, right after i tested C&C 4..0_o

  8. Raptor Rants A Lot:Original #7

    January 29, 2015 at 12:12

    Hey EA, see what a good game like DA:I can do for you? Now replicate that. Less DRM, more complete, polished games please

    Reply

    • Tosh MA

      January 29, 2015 at 12:14

      DLC and Microtransactions make up almost half of their sales. Why would they stop such a huge % of revenue?

      Reply

  9. MakeItLegal

    January 29, 2015 at 12:35

    maybe cause most of their “products” worked…key word , work , working

    Reply

  10. Ross Woofels Mason

    January 29, 2015 at 12:35

    That banner is accurate, my eyes resemble that when needing to play most EA published games =p

    Reply

  11. bartleby451

    January 29, 2015 at 21:07

    EA are scum, I’d never buy a game developed or published by them. The sooner companies like them (Ubisoft), sucking the blood out of games, disappear the better.

    Reply

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