NOTE: This page uses real-time stock quotes. Load times may be slower than usual. Information about specific companies is not intended to be a complete description, nor of their securities, nor is this study an offer to buy or sell such securities. DFC does not underwrite or own the securities of the companies the analysts cover. Investors should not rely solely on an analyst’s recommendation when deciding whether to buy, hold, or sell a stock and should consult a stock professional for their investment guidance.

Overview

The DFC Intelligence Video Game Stock Index tracks public companies in the video game and interactive entertainment space. Companies are divided into one of three categories 1) Hardware for companies that specialize in manufacturing and distributing hardware used to play games; 2) Software for companies that develop and distribute software and services for the video game industry and 3) Conglomerates for companies that are involved in the video game industry, but only as one part of their overall business.

The DFC Video Game Stock Index was launched on January 3, 2023, with 23 companies. These are all companies that are involved with software and services. There is a separate index that focuses on hardware and accessories.

The DFC Video Game Stock Portfolio was also launched on January 3, 2023. This represents a hypothetical investment of $15,000 in companies DFC feels have both short-term growth potential and a solid long-term strategy.

Companies in DFC Intelligence Video Game Stock Portfolio

These are the companies currently in the DFC Intelligence Video Game Stock Portfolio. There is a brief description on why DFC believes the stock price will increase. Click on the link for more analysis.

  • Activision Blizzard (NASDAQ: ATVI): Activision Blizzard is in the process of being acquired by Microsoft at $95 a share. DFC currently believes the deal will go through. If not the ATVI share price will decline in the short term but should still have long-term growth potential.
  • CD Projekt (OTGLY: OTC): CD Projekt, based in Poland, has had a tough time. However, the core franchises are looking stronger than ever. Possible acquisition candidate if current leadership can not execute.
  • Corsair (NASDAQ: CRSR): Corsair was one of many companies hammered by hardware issues and shortages. The hardware category is expected to rebound and Corsair has a premium brand.
  • Electronic Arts (NASDAQ: EA): Electronic Arts has shown a stellar performance moving from game publishing to more of a live services model. There is still room for growth with its major sports franchises.
  • Konami (9766.T-JP: Tokyo) (KONMY: OTC): Konami is one of several Japan companies that have a library of classic game IP that can be updated.
  • Nintendo (7974.T-JP: Tokyo) (NTDOY: OTC): Nintendo has focused on a mass game audience while competitors Sony and Microsoft have focused on the smaller premium audience. A new Nintendo system is expected to be announced in the next year so the stock is likely to see a boost.
  • Nvidia (NASDAQ: NVDA): Nvidia has been a powerhouse performer with game graphic hardware and a cloud streaming service. The valuation has exceeded Nintendo and Sony combined but stock prices were crushed with the 2022 hardware shortages. Expect a comeback with a new hardware generation for 2023.
  • Square Enix (9684.T-JP: Tokyo) (SQNNY: OTC): Square Enix is a Japanese company with some strong IP and decent live services. However, there is some concern that the company is investing too much into blockchain and NFT.
  • Turtle Beach (NASDAQ: HEAR): Turtle Beach is a hardware company that suffered from product shortages for the PlayStation 5 and Xbox Series X/S. As hardware issues ease the company should make a comeback.
  • Ubisoft (Ubi.PA) (UBSFY: OTC): Ubisoft stock has been battered because of product delays and poor performance. Ubisoft has struggled to go to a live service model and it has shown in the results. However, the company is likely to get back on track or be acquired for a premium over current prices.

DFC Intelligence Video Game Stock Portfolio

The DFC Intelligence Video Game Stock Portfolio was launched on January 3, 2023, with a hypothetical investment of $15,000 in companies DFC feels have both short-term growth potential and a solid long-term strategy. Stocks are sold and reinvested as market conditions warrant. NOTE: DFC does not underwrite or own the securities of the companies the analysts cover. Investors should not rely solely on an analyst’s recommendation when deciding whether to buy, hold, or sell a stock and should consult a stock professional for their investment guidance.

Turtle beach stock

Potential Comeback Year for Turtle Beach

Posted on
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 n…..
Read More Potential Comeback Year for Turtle Beach
Ubisoft stock

Ubisoft Needs Big Hits

Posted on
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…..
Read More Ubisoft Needs Big Hits
Take-Two Interactive Stock

Take-Two Could Have Make or Break 2023

Posted on
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…..
Read More Take-Two Could Have Make or Break 2023
Konami Stock

Konami Has Big Plans for 2023

Posted on
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…..
Read More Konami Has Big Plans for 2023
CD Projekt Stock

CD Projekt is a Dark Horse

Posted on
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…..
Read More CD Projekt is a Dark Horse
Square Enix Stock

Is Square Enix Trying to Do Too Much?

Posted on
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…..
Read More Is Square Enix Trying to Do Too Much?

Companies in DFC Intelligence Video Game Stock

These are the companies currently in the DFC Intelligence Video Game Stock Portfolio. The companies included are focused on software and services for the video game industry. There is a separate index for companies focused primarily on hardware.

Click on the company name for more detailed information.

DFC Intelligence Video Game Stock Index

The DFC Intelligence Video Game Stock Index started on January 3, 2023, with a hypothetical investment of $1,000 in each of the public companies DFC considers market leaders in the video game and interactive entertainment space. Stocks are sold and reinvested as market conditions warrant. NOTE: DFC does not underwrite or own the securities of the companies the analysts cover. Investors should not rely solely on an analyst’s recommendation when deciding whether to buy, hold, or sell a stock and should consult a stock professional for their investment guidance.

Additional Public Game Companies

The following public companies are not currently included in the DFC Intelligence Video Game Stock Index but could be added in the future.

  • AfreecaTV (067160.KQ)
  • ASUStek (2357.TW)
  • Colopl Inc (3668.T-JP: Tokyo)
  • Com2Us (078340.KQ)
  • Dell Technologies (NYSE: DELL)
  • DeNA (2432.T-JP: Tokyo)
  • GameStop (NYSE: GME)
  • Gravity (NASDAQ: GRVY)
  • GungHo (3765.T-JP: Tokyo)
  • HP Inc (NYSE: HPQ)
  • Huya (NYSE: HUYA)
  • IGG (0799.HK)
  • Kadokawa Corporation (9468.T-JP: Tokyo)
  • Kingsoft (3888.HK)
  • Koei Tecmo (3635.T-JP: Tokyo)
  • Krafton (259960.KS)
  • Mixi (2121.T-JP: Tokyo)
  • Mobile Factory (3912.T-JP: Tokyo)
  • Modern Times Group (MTG-B.ST)
  • NCSoft (036570.KQ)
  • Netmarble (251270.KS)
  • Pearl Abyss (263750.KQ)
  • SciPlay (NASDAQ: SCPL)
  • Skillz (NYSE:SKLZ)
  • SoftBank Group (9984.T-JP: Tokyo)
  • Soho (0410.HK)
  • The9 (NASDAQ: NCTY)
  • Unity (NYSE: U)
  • Vivendi SE (VIV.PA)

DFC Intelligence Game Hardware Stock Index

The DFC Intelligence Game Hardware Stock Index focuses on companies whose primary business is providing hardware. More detailed info can be found in the hardware section or by clicking on the company name. Some hardware companies are included in the conglomerate category.