Electronic Arts Inc Stock Price, News & Analysis

Electronic Arts Inc. (NASDAQ: EA) has launched its FIFA World Cup 2022™ game mode in a free update for FIFA 23 players. This new feature includes various game modes such as FIFA World Cup™: Live and Your FIFA World Cup™, enabling fans to play as any of the 32 participating nations. The live experience will be updated during the World Cup's Group and Knockout Stages from November 21 to December 18. EA is also rolling out new FIFA Ultimate Team campaigns and digital covers featuring football stars. Players can access limited-time offers until January 3, 2023.

Electronic Arts (NASDAQ: EA) has launched the Ultimate FIFA Soundtrack in collaboration with Spotify, featuring 100 iconic songs from FIFA titles over the past 25 years. Fans nominated their favorites, culminating in a playlist that celebrates the music of the franchise. Notably, 40 songs will be included in the in-game soundtrack for FIFA 23, coinciding with the FIFA World Cup update on November 9. The initiative reflects EA's commitment to cultural influence in gaming, highlighted by past hits and new contributions from artists like Gorillaz.

Electronic Arts (NASDAQ:EA) announces the launch of It Takes Two for Nintendo Switch, a game recognized with over 90 awards, including 2021's Game of the Year. Developed by Hazelight Studios and optimized by Turn Me Up Games, this co-op adventure features new voice-overs in Japanese, French, German, and Spanish. Players can engage in local and online co-op, with a Friend’s Pass option for free play. The game retails for $39.99 and is available across multiple platforms. This release aims to broaden the game’s audience.

Electronic Arts (NASDAQ: EA) reported preliminary Q2 fiscal results for the period ended September 30, 2022, showcasing continued growth driven by its EA SPORTS titles and live services. Net bookings rose 4% year-over-year to $7.381 billion, with live services contributing 73% of total bookings. The player network exceeded 600 million active accounts, with FIFA 23 achieving a record 10.3 million players in its first week. The company expects FY2023 net revenue between $7.550 billion and $7.750 billion, amidst a projected FX impact of $200 million on bookings.

Electronic Arts (NASDAQ: EA) announced major updates for FIFA 23 and FIFA Mobile ahead of the FIFA World Cup 2022, set to enhance player engagement. The World Cup update will be available from November 9 for various platforms, allowing players to experience all 32 nations' tournament journeys. A new Online Tournament Mode and features like Your FIFA World Cup™ add depth, while FUT updates from November 11 will introduce live item progression. Overall, these updates are free for existing EA FIFA players, marking a significant content expansion.

Electronic Arts (NASDAQ: EA) is partnering with Marvel to develop at least three new action-adventure games, starting with an Iron Man title from Motive Studios. This collaboration aims to create original narratives within the Marvel universe. Laura Miele, EA's COO, expressed excitement over welcoming Marvel creators to enhance player experiences. The Iron Man game will showcase a unique storyline, reflecting the character’s complexity, with a veteran team led by Olivier Proulx, known for his work on Marvel’s Guardians of the Galaxy. EA reported approx. $7 billion in GAAP revenue in FY 2022.

Electronic Arts Inc. (NASDAQ: EA) celebrates the successful launch of EA SPORTS FIFA 23, achieving over 10.3 million players within the first week, the largest in franchise history. As of now, players from 200+ nations have engaged in over 1.7 billion games, scoring 4.3 billion goals. The game boasts over 15.7 billion playing minutes, equivalent to nearly 30,000 years of gameplay. Top features include Jude Bellingham as a top transfer target and AFC Richmond's popularity, while Sam Kerr's Chelsea Women leads in women’s teams.

EA SPORTS has announced a multi-year partnership with the UEFA Women’s Champions League (UWCL) to enhance women’s football visibility globally. Starting in early 2023, FIFA 23 will feature the UWCL knockout stage with prominent clubs like Juventus Women and Chelsea Women. EA is investing $11M into the ‘Starting XI Fund’ to support women's football initiatives, including internships. EA SPORTS also becomes DAZN’s global sponsor for UWCL broadcasts, aiming to inspire a new generation of fans and players.

Electronic Arts (NASDAQ: EA) has launched NHL 23, enhancing the hockey gaming experience with innovative features. For the first time, women's players join men's teams in Hockey Ultimate Team (HUT), adding diversity. The game introduces 500+ new animations, cross-platform matchmaking set for November 2022, and deeper franchise customization options. Built on the Frostbite engine, NHL 23 delivers a visually rich and immersive experience, including a revamp of the Stanley Cup celebration. EA expects a positive reception as it continues expanding its sports game franchise.