A faster growth outlook could translate into sizable gains ahead for Electronic Arts shares, Roth Capital wrote Tuesday. The research firm upgraded the video game company to buy from neutral and hiked its price target 6%, to $185 from $175, implying about 20% upside from Monday’s close. “Sports remains a blue-chip cornerstone for the company’s growth story, but a successful release of a new Battlefield game could materially change investor sentiment,” analyst Eric Handler wrote on Tuesday. “We see EA at an important inflection point setting it up well for an elevated, multi-year growth trajectory. With multiple gaming projects like Battlefield slated for release, he projects that Electronic Arts could see double-digit earnings growth over the next three years. EA .SPX 3M mountain EA vs. S & P 500, 3-month EA shares have seen decent gains this year, rising almost 7% in the past three months and more than 5% year to date. The S & P 500 , meanwhile, has risen more than 6% in the past three months and 2% in 2025. “The most significant near-term key to share outperformance, in our view, is a successful launch (we think in the fall) for Battlefield, a franchise which has underdelivered with its last 2 games (Battlefield V in FY19, Battlefield 2042 in FY22),” the analyst wrote. “Our view is changes in Battlefield development over the last 3-4 years put the game in an excellent position to succeed.” On top of the anticipated new Battlefield game, Handler pointed to the introduction of new variations of The Sims games as well as others, such as Skate and Star Wars: Zero Company, as growth drivers. Roth’s 12-month price target is above the Street consensus of $168, as compiled by LSEG. That would deliver some 9% appreciation in the stock. EA rose more than 1% premarket on Tuesday.
