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EA Releases Highly-Anticipated Battlefield V Worldwide
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Electronic Arts (EA - Free Report) strengthened its competitive position with the launch of the highly-anticipated Battlefield V on Xbox One, PlayStation 4 and Origin on PC, ahead of the holiday season.
EA DICE’s new shooter game features eight multiplayer modes and eight maps with the most graphically captivating map being Narvik’s snowy peaks. With 64 players battling it out in the multiplayer mode at once, the players, in a squad of four, can move across the play area in armoured vehicles or plane and can destroy almost anything.
To boost player engagement level, the Attrition system provides players with health and ammunition stations upon accomplishing an objective. Moreover, to defend the team against the attack of the enemy, the players can also build new Fortifications.
Battlefield V also boasts a single player mode, which provides it a competitive edge over Activision’s Call of Duty: Black Ops 4. Additionally, two weeks after the game is released, players will have access to Battlefield V’s Tides of War live service, which will bring a new dimension to the game.
Will the Delay Hurt EA?
However, the delay in the launch of the game has created a loophole in EA’s game portfolio ahead of the holiday season. The delay gave a significant advantage to Call of Duty: Black Ops 4 and Take Two’s (TTWO - Free Report) Red Dead Redemption 2 to gain on EA’s Battlefield V.
Shares of EA have lost 27.5% since the announcement of the delay on Aug 30. The company also reduced its fiscal-year sales guidance, with net bookings expectation down from $5.55 billion to $5.2 billion for the fiscal year.
Notably, Battlefield V is also expected to suffer from the absence of the Battle Royale mode, which is anticipated to be rolled out in March. Thus, the game may lose to COD: Black Ops 4 to lure gamers, which is a negative.
EA continues to expand its game portfolio ahead of the holiday season
Apart from Battlefield, The Sims is one of the most important revenue generators for EA. The company released The Sims 4 Get Famous expansion pack on Nov 16. EA expects The Sims 4 expansion packs for PC and console version to be one of the key drivers of live services net bookings in fiscal 2019.
Moreover, EA will launch Command & Conquer: Rivals globally for mobile players on Dec 4.
Zacks Rank & A Key Pick
EA currently holds a Zacks Rank #3 (Hold).
A better-ranked stock in the broader consumer-discretionary sector is Crocs, Inc. (CROX - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy).
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
EA Releases Highly-Anticipated Battlefield V Worldwide
Electronic Arts (EA - Free Report) strengthened its competitive position with the launch of the highly-anticipated Battlefield V on Xbox One, PlayStation 4 and Origin on PC, ahead of the holiday season.
EA DICE’s new shooter game features eight multiplayer modes and eight maps with the most graphically captivating map being Narvik’s snowy peaks. With 64 players battling it out in the multiplayer mode at once, the players, in a squad of four, can move across the play area in armoured vehicles or plane and can destroy almost anything.
To boost player engagement level, the Attrition system provides players with health and ammunition stations upon accomplishing an objective. Moreover, to defend the team against the attack of the enemy, the players can also build new Fortifications.
Battlefield V also boasts a single player mode, which provides it a competitive edge over Activision’s Call of Duty: Black Ops 4. Additionally, two weeks after the game is released, players will have access to Battlefield V’s Tides of War live service, which will bring a new dimension to the game.
Will the Delay Hurt EA?
However, the delay in the launch of the game has created a loophole in EA’s game portfolio ahead of the holiday season. The delay gave a significant advantage to Call of Duty: Black Ops 4 and Take Two’s (TTWO - Free Report) Red Dead Redemption 2 to gain on EA’s Battlefield V.
Shares of EA have lost 27.5% since the announcement of the delay on Aug 30. The company also reduced its fiscal-year sales guidance, with net bookings expectation down from $5.55 billion to $5.2 billion for the fiscal year.
Notably, Battlefield V is also expected to suffer from the absence of the Battle Royale mode, which is anticipated to be rolled out in March. Thus, the game may lose to COD: Black Ops 4 to lure gamers, which is a negative.
Electronic Arts Inc. Price and Consensus
Electronic Arts Inc. Price and Consensus | Electronic Arts Inc. Quote
Can EA’s Expanding Portfolio Boost Sales?
EA continues to expand its game portfolio ahead of the holiday season
Apart from Battlefield, The Sims is one of the most important revenue generators for EA. The company released The Sims 4 Get Famous expansion pack on Nov 16. EA expects The Sims 4 expansion packs for PC and console version to be one of the key drivers of live services net bookings in fiscal 2019.
Moreover, EA will launch Command & Conquer: Rivals globally for mobile players on Dec 4.
Zacks Rank & A Key Pick
EA currently holds a Zacks Rank #3 (Hold).
A better-ranked stock in the broader consumer-discretionary sector is Crocs, Inc. (CROX - Free Report) , which currently sports a Zacks Rank #1 (Strong Buy).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>