Embracer Group Stock

High Expectations for Embracer Group

The Embracer Group continued to make some big acquisition moves in 2022.  This included buying board game company Asmodee for $3 billion and getting the Eidos/Crystal Dynamic properties from Square Enix. Unfortunately, Embracer’s biggest video game release of 2022, a remake of THQ’s Saints Row, was a disappointment.  Overall Embracer Group stock was down 50% in 2022.  This compares with an average decline of 30% for the DFC Intelligence Video Game Stock Index .....
Nvidia Stock

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.....
Turtle beach stock

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 stock

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 Interactive Stock

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 Stock

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 Stock

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.....
Square Enix Stock

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.....

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