Nvidia Due for a Comeback in 2023

Nvidia Due for a Comeback in 2023

Hardware companies in the DFC Intelligence Video Game Stock Index were hammered in 2022 and Nvidia (NASDAQ: NVDA) was no exception.  Nvidia stock was down 52% from January 2022 to January 2023.  This was after a slight rally toward the end of the year. The big growth area for Nvidia has been data centers.  In the last quarter, Nvidia’s data center revenue was up 31% over the previous year quarter while ga.....
Potential Comeback Year for Turtle Beach

Potential Comeback Year for Turtle Beach

The stock price of hardware and accessories companies was hammered in 2022.  Turtle Beach (NASDAQ: HEAR) was no exception as the stock price declined 68% from January 2022 to January 2023. Going into 2023, DFC Intelligence is bullish on the category in general.  As the installed base for PlayStation 5 and Xbox Series X/S catchup to demand it will naturally result in growth for the accessories side.  Meanwhile, new graphics cards from Nvidia and AMD are resulting in new P.....
Ubisoft Needs Big Hits

Ubisoft Needs Big Hits

It is no secret that Ubisoft (UBI.PA) has had a rough few years.  In 2022, the stock price was down almost 40%.  However, the decline had started well before.  Ubisoft’s market value has lost about 73% since its peak in mid-2018. Ubisoft has quite a few projects in the works and they need them to do well.  Skull & Bones is a much delayed game that is scheduled for release this March.  Avatar: Frontiers of Pandora is an open-work game set in the universe o.....
Take-Two Could Have Make or Break 2023

Take-Two Could Have Make or Break 2023

In January 2022, Take-Two Interactive (NASDAQ: TTWO) announced one of the biggest game industry acquisitions ever with a $12+ billion purchase of mobile game provide Zynga.  That news lasted for a week until it was overshadowed by Microsoft’s planned purchase of Activision Blizzard for $68 billion. While the Microsoft/ATVI deal is struggling to get approval, the Take-Two/Zynga deal was easily completed in May.  Now Take-Two is struggling with the difficult process of combin.....
Konami Has Big Plans for 2023

Konami Has Big Plans for 2023

In the DFC Intelligence Interactive Entertainment Stock Index, the Konami Group (9766.T-JP: Tokyo) was one of the strongest performers with a 5% increase in stock price from January 2022 to January 2023.  The overall index was down 30%. Konami was actually one of the few companies to have a nice run in mid-2022.  In early June Konami stock was actually up 58% from January 2022.  Unfortunately, results for the first half of the year were just OK, nothing to get excited ab.....
CD Projekt is a Dark Horse

CD Projekt is a Dark Horse

CD Projekt (OTC: OTGLY) is a Polish video game company whose stock was hammered after the December 2020 release of Cyberpunk 2077.  After a major drop in value during 2021, CD Projekt stock fell a further 40% in 2022. However, Cyberpunk 2077 is looking like a strong performer going into 2023.  CD Projekt has also announced a major strategy based around the.....
Is Square Enix Trying to Do Too Much?

Is Square Enix Trying to Do Too Much?

For 2022, Square Enix (9684.T-JP: Tokyo) (OTC: SQNNY)  stock was down 1%.  This compares with a 30% decline for the DFC Intelligence Video Game Stock Index.  However, among Japanese video game companies, Square Enix was one of the weaker performers.  Overall Japanese video game companies had a strong stock price increase of 15%. The big news from Square Enix has been the sale of Western assets and IP to the.....
Electronic Arts Had Strong 2022

Electronic Arts Had Strong 2022

For 2022, Electronic Arts (NASDAQ: EA) was one of the strongest performers in the DFC Intelligence Interactive Entertainment Stock Index.  Of course, 2022 was a down year for most stocks and EA was no exception.  However, the decline in EA’s stock price in 2022 was only 8% versus an average 30% for the index. As DFC reported, Electronic Arts was able to maintain revenue even in the absence of new products rele.....