Video Game Stocks Seen Making Comeback In 2023 Investor’s Business Daily

video game company stocks

Over the past years, the firm has established iconic titles such as Onmyoji, Knives Out, and Identity V. Every year, the company publishes dozens of games across almost every genre and game play. In addition, NetEase is also collaborating with firms such as Blizzard, Marvel, and Microsoft to release games based on famous global intellectual https://investmentsanalysis.info/ property like Diablo, Harry Potter, and Lord of the Rings. Over the foreseeable future, we expect NetEase to continue to leverage its in-house research and development team and user data to develop next-generation games. The brand is strong because it holds an impressive number of stocks in other video game companies.

Likewise, the consensus EPS estimate of $3.96 for the ongoing year indicates a 16.1% rise year-over-year. Moreover, the company surpassed its consensus revenue estimates in all four trailing quarters, which is impressive. With 5G networks, cloud gaming platforms can deliver high-quality gaming experiences with lower latency and faster load times. Also, it can accommodate multiplayer games (of significantly high numbers) with concurrent players, without any lag or glitch.

Keep Tabs on These 3 Promising Bank Stocks

Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. The Fund’s objective and strategies changed effective at the close of trading on September 26th. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. Year-to-date, ATVI has gained 0.64%, versus a 8.18% rise in the benchmark S&P 500 index during the same period.

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We’ll also look at the possible benefits and cons of this relationship, as well as what it means for gaming’s future. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated. According to the data compiled by CompaniesMarketCap, as of 21 February 2022, the following are the best online gaming stocks based on the market capitalisation metrics. With its HQ in Japan, CyberStep is one of the bigger small-cappers residing in Asia. The indie developer has been around since 2000 and produces the Cosmic Break series, with the latest title CosmicBreak Universal going live on Steam in 2021.

Largest video game companies by market cap

Its products include gaming headsets, keyboards, chairs and monitors for PC gaming systems. In terms of esports events, Motorsport Games has run a handful of events for different racing sims. Recently, a YouGov Sport report showed that during the five round Le Mans Virtual Series, which ran from September 2022 to January 2023, cumulative TV, OTT and digital audience figures reached over 8.5 million worldwide. The season finale, a 25 hour TV special, was seen in 68 broadcast markets across four continents on channels such as Eurosport, CNBC, Fox/Disney and Motor Trend.

video game company stocks

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Activision Blizzard Inc. stock outperforms market on strong trading day

An exciting business sector, the gaming industry weighs heavily on providing entertainment through innovative technological advancements. Headquartered in Herzliya, Israel, Playtika Holdings was among the first mobile gaming entertainment companies to offer free-to-play social games on social networks and on mobile platforms, according to the company. Today, Playtika has a diverse portfolio of game titles accessed by more than 31 million monthly active users. video game company stocks Initially, the company outsourced its production but scooped up enough funding to launch its own title, NecroVisioN in 2009, followed by a sequel the very next year. Despite its lesser available resources in comparison to leading companies, Farm 51 offers VR technology through its subgroup Reality 51. Its most recent game Chernoblyite has also kept up with the times, supported by the latest big-name gaming consoles in the Playstation 5 and Xbox Series X/S.

These are the video game stocks that had the best returns or smallest declines in total return over the past 12 months out of the companies we looked at. The pioneering game publisher owns popular licensed franchises, including Madden NFL and FIFA, in addition to a stable of high-profile original assets, including The Sims, Apex Legends, and Battlefield. Electronic Arts’ June 2021 acquisition of Glu Mobile signals that the company is now aggressively expanding into mobile games.

What video game companies have stock?

  • ATVI77.890.11% Activision Blizzard, Inc.
  • NTES88.17-1.47% NetEase, Inc.
  • NTDOY10.940.23% Nintendo Co., Ltd.
  • EA124.92-0.20% Electronic Arts Inc.
  • RBLX41.832.58% Roblox Corporation.
  • TTWO125.020.97% Take-Two Interactive Software, Inc.
  • BILI18.57-0.44% Bilibili Inc.
  • PLTK10.400.06% Playtika Holding Corp.

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