Electronic Arts Inc Stock Price, News & Analysis

Electronic Arts (NASDAQ: EA) has renewed its partnership with the UFC for an additional multi-year term, solidifying its commitment to developing mixed martial arts (MMA) video games. This agreement builds upon a decade-long collaboration, enhancing the EA SPORTS™ UFC® franchise. Following the launch of EA SPORTS UFC 4, which saw a 125% increase in simulated fight participation compared to its predecessor, the renewed partnership aims to innovate gameplay and expand accessibility across platforms, including mobile. This renewal promises to intensify engagement with the growing MMA fanbase.

Electronic Arts (NASDAQ: EA), the NHL, and the NHLPA have renewed their partnership for a multi-year agreement. This collaboration will enhance EA SPORTS™ hockey simulations, allowing players worldwide to enjoy authentic experiences. Following the successful launch of EA SPORTS NHL 21, which achieved record daily active players at launch, the agreement reinforces the franchise's position in hockey culture. EA's Executive Vice President highlighted the importance of this partnership in connecting fans to the sport through interactive entertainment.

Electronic Arts (NASDAQ: EA) and Learfield IMG College announced a partnership to launch Level Next, the largest intercollegiate esports league, supporting over 2,500 schools. The league's inaugural event, featuring EA SPORTS Madden NFL 21, begins November 9, 2020. It boasts a cash prize pool of $150,000, aimed at enhancing collegiate esports engagement. This collaboration seeks to unify competitive play, allowing college students to officially represent their schools and compete for a national championship, while tapping into a fast-growing audience within collegiate esports.

Electronic Arts (NASDAQ: EA) and Maxis announced the release of The Sims 4 Snowy Escape, set to launch on November 13 for PC, Mac, Xbox One, and PlayStation 4. This expansion pack introduces the new Japanese-inspired world of Mt. Komorebi, featuring activities like skiing, snowboarding, and meditation spots. Players can explore over 130 new Create a Sim items and residential options, enhancing gameplay with new Lifestyles and Sentiments features that impact Sims' relationships. The expansion is priced at $39.99.

Electronic Arts (NASDAQ: EA) has launched EA SPORTS™ NHL® 21, featuring an enhanced Be A Pro career mode and a new HUT RUSH gameplay mode. Players can experience an authentic NHL career with real-time events and decisions impacting their journey. HUT RUSH introduces fast-paced 3v3 and 5v5 matches with a scoring system rewarding creative play. The game boasts improvements in gameplay, including new moves and AI enhancements, available on PlayStation 4 and Xbox One. EA reported GAAP net revenue of $5.5 billion in fiscal year 2020, highlighting its position in digital entertainment.

Electronic Arts (NASDAQ: EA) will announce its financial results for the second fiscal quarter, ending September 30, 2020, on November 5, 2020, post-market. A conference call will follow to discuss the results and future outlook. The conference will begin at 2:00 PM PT (5:00 PM ET), with dial-in options available. EA reported GAAP net revenue of $5.5 billion in fiscal year 2020 and is known for popular brands like FIFA and Apex Legends. More updates can be found on EA's website.

Electronic Arts has launched EA SPORTS FIFA 21 globally, introducing enhanced features like Career Mode and VOLTA FOOTBALL. The game enables players to manage their team's entire journey and includes new intelligent gameplay mechanics. Over 2.3 million players accessed the game early via EA Play, creating more than 3 million squads. Notable features include Interactive Match Sim and dynamic attacking systems. Additionally, players can upgrade their copies to next-gen consoles at no extra cost. EA reported $5.5 billion in revenue for the last fiscal year, reinforcing its strong market position.

Criterion Games, in partnership with Stellar Entertainment, is set to release Need for Speed™ Hot Pursuit Remastered on November 6 for PlayStation 4, Xbox One, and PC, and November 13 for Nintendo Switch. The remastered game features enhanced visuals, cross-platform multiplayer via Autolog, and includes all main DLC, adding six hours of gameplay and over 30 challenges. With significant graphical improvements and new game features, it aims to provide an improved racing experience while maintaining the essence of the original title that earned several awards in 2010 and 2011.

Criterion Games, in collaboration with Stellar Entertainment, is set to release Need for Speed™ Hot Pursuit Remastered on November 6 for PlayStation®4, Xbox One, and PC, followed by a Nintendo Switch™ launch on November 13. The game boasts enhanced visuals, cross-platform multiplayer through Autolog, and includes all main DLC, adding over six hours of gameplay. Previously won Best Racing Game in 2010, the remastered version promises a heart-pumping racing experience with a deep single-player career mode and various multiplayer features.