So will EA finally get bought? The company was not immediately available for comment.
The analysts came up with a potential takeover valuation of $190 a share, which is “consistent with recent video game transactions.” That’s nearly 50% above EA’s current stock price.
Still, EA has enough quality content to justify going it alone for the foreseeable future.
Wells Fargo analyst Brian Fitzgerald noted in a report after EA’s latest earnings came out in May that a “solid pipeline” (more games from EA Sports, plus updates to The Sims, Lord of the Rings and Bioware franchises) as well as “accelerating mobile growth” were positives for the stock.
So EA may not need to sell itself to a larger company to remain competitive in the video game world.
Earnings from Nike and Walgreens on tap
There is a definite lull in “earnings season.” Most major companies will report second quarter results in mid-July. But some notable companies, including two Dow components, are on tap to release results this week.
Tuesday: US consumer confidence
Friday: US ISM manufacturing