Research Analysts Set Expectations for Nintendo Q2 Earnings

Nintendo Co. (OTCMKTS:NTDOY) – Stock analysts at Wedbush dropped their Q2 2027 earnings per share (EPS) estimates for Nintendo in a research report issued on Tuesday, November 4th. Wedbush analyst A. Reese now anticipates that the company will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.15. Wedbush has a “Neutral” rating on the stock. The consensus estimate for Nintendo’s current full-year earnings is $0.44 per share. Wedbush also issued estimates for Nintendo’s Q3 2027 earnings at $0.32 EPS, FY2027 earnings at $0.74 EPS and FY2028 earnings at $0.80 EPS.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. Nintendo had a net margin of 19.61% and a return on equity of 9.77%. The firm had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $464.35 billion.

Separately, Wolfe Research downgraded Nintendo from a “peer perform” rating to an “underperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Nintendo Price Performance

Shares of NTDOY stock traded down $0.54 during midday trading on Friday, reaching $22.07. 776,101 shares of the company traded hands, compared to its average volume of 1,802,481. The firm’s 50 day simple moving average is $21.78 and its two-hundred day simple moving average is $21.69. The firm has a market cap of $114.65 billion, a PE ratio of 52.55 and a beta of 0.57. Nintendo has a 1-year low of $12.95 and a 1-year high of $24.92.

Institutional Trading of Nintendo

A number of large investors have recently made changes to their positions in NTDOY. Azimuth Capital Investment Management LLC acquired a new stake in shares of Nintendo during the 1st quarter worth about $8,323,000. GAMMA Investing LLC raised its position in shares of Nintendo by 27.0% in the second quarter. GAMMA Investing LLC now owns 20,400 shares of the company’s stock valued at $490,000 after buying an additional 4,338 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Nintendo by 16.4% during the first quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company’s stock valued at $91,000 after buying an additional 749 shares during the period. Confluence Investment Management LLC boosted its holdings in shares of Nintendo by 1.5% during the second quarter. Confluence Investment Management LLC now owns 56,080 shares of the company’s stock worth $1,347,000 after purchasing an additional 843 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in Nintendo by 34.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,462 shares of the company’s stock worth $59,000 after buying an additional 637 shares during the last quarter. Institutional investors and hedge funds own 0.02% of the company’s stock.

About Nintendo

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.