Electronic Arts (EA) Shares Soar 2.00% on Oppenheimer's Price Target Hike

Electronic Arts (EA) shares rose 0.28% today, marking the second consecutive day of gains, with a total increase of 2.00% over the past two days. The stock price reached its highest level since January 2025, with an intraday gain of 0.73%.

Oppenheimer has raised its price target for Electronic Arts (EA) from $140 to $170, maintaining an Outperform rating on the stock. This move suggests a bullish outlook on EA's future performance and potential for stock price appreciation. The firm's optimism is driven by the newly announced Premium Pass in EA Sports FC, which is expected to provide incremental, multi-year bookings growth that was previously unanticipated by investors. The Premium Pass is projected to generate mid-to-high-single-digit incremental bookings growth, further bolstering EA's financial prospects.