Wedbush Has Pessimistic Outlook of Nintendo FY2025 Earnings

Nintendo Co., Ltd. (OTCMKTS:NTDOY) – Analysts at Wedbush decreased their FY2025 earnings per share (EPS) estimates for Nintendo in a report issued on Tuesday, November 5th. Wedbush analyst M. Pachter now expects that the company will post earnings of $0.41 per share for the year, down from their previous estimate of $0.47. The consensus estimate for Nintendo’s current full-year earnings is $0.50 per share.

Several other research analysts have also weighed in on NTDOY. TD Cowen began coverage on Nintendo in a research report on Monday, October 7th. They set a “buy” rating on the stock. Wolfe Research upgraded Nintendo to a “hold” rating in a research note on Sunday, September 22nd.

Nintendo Price Performance

OTCMKTS:NTDOY opened at $13.34 on Thursday. Nintendo has a 1-year low of $10.67 and a 1-year high of $15.01. The business’s fifty day moving average price is $13.33 and its 200 day moving average price is $13.31.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. ORG Partners LLC bought a new stake in shares of Nintendo during the 1st quarter worth about $110,000. SVB Wealth LLC boosted its stake in shares of Nintendo by 6.5% during the 1st quarter. SVB Wealth LLC now owns 14,580 shares of the company’s stock worth $198,000 after acquiring an additional 888 shares in the last quarter. Confluence Investment Management LLC boosted its stake in shares of Nintendo by 2.1% during the 2nd quarter. Confluence Investment Management LLC now owns 56,139 shares of the company’s stock worth $747,000 after acquiring an additional 1,178 shares in the last quarter. Appleton Partners Inc. MA boosted its stake in shares of Nintendo by 9.7% during the 2nd quarter. Appleton Partners Inc. MA now owns 132,445 shares of the company’s stock worth $1,762,000 after acquiring an additional 11,755 shares in the last quarter. Finally, Fulton Bank N.A. boosted its stake in shares of Nintendo by 10.7% during the 2nd quarter. Fulton Bank N.A. now owns 12,681 shares of the company’s stock worth $169,000 after acquiring an additional 1,223 shares in the last quarter. Hedge funds and other institutional investors 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.