
Please try another search
Electronic Arts’ EA unannounced game Star Wars: Maverick was recently leaked on Twitter by PSN Releases, a twitter bot that reports on the games added to the PlayStation Store.
The attached image shows a squad of X-Wings approaching a Star Destroyer against the backdrop of looming towers, which led people to speculate that it could be a remake of the Rogue Squadron games. However, that seems unlikely due to the series’ strong ties with Nintendo (OTC:NTDOY) .
Per Gematsu, the game will likely have a multiplayer component. Additionally, it is not listed as a VR game, and the listing appears to be for a beta.
New Star Wars Game Expands Portfolio
The launch of a probable new Star Wars game will likely be a boost to EA’s top line courtesy of the huge popularity of the Star Wars IP.
Notably, the company’s last Star Wars game, Star Wars Jedi: Fallen Order, was a huge success both critically and commercially. During third-quarter fiscal 2020 earnings call, the company announced that the game hit the high-end of its expected sales (6 million to 8 million) for the third fiscal quarter.
Moreover, Battlefront II, which experienced a disastrous launch and missed sales estimates due to its loot boxes and other predatory practices, has made a huge comeback after various updates and patches.
Per Gamstat data, the game has a total player count of 9.9 million and 690K monthly active users (MAUs) on the PlayStation console as of Feb 23, 2020. The number becomes significantly larger when you factor in PC and XBOX players.
Additionally, the game will likely be a solid addition to EA’s strong portfolio of IPs, which include FIFA, Madden NFL, Need for Speed and Apex Legends. All of these games performed well in 2019 and managed to partially offset the disappointment from the company’s other high-profile IP – Anthem (NYSE:ANTM).
Further, the company has stated that it expects to deliver 12 titles in fiscal year 2020, which bodes well for the company’s prospects.
Intensifying Competition
However, competition in the video game market has heated up with major players like Activision Blizzard (NASDAQ:ATVI) ATVI and Take Two Interactive (NASDAQ:TTWO) releasing high profile games.
Notably, Take Two’s Red Dead Redemption 2 has sold 29 million copies while Borderlands 3 shipped 8 million units worldwide. Activision is not far behind with both Call of Duty: Modern Warfare and Call of Duty: Mobile becoming huge successes.
Additionally, Take Two’s rumored Grand Theft Auto and Bully sequels, as well as Activision’s Shadowlands expansion for World of Warcraft are expected to intensify competition in the market. Thus, EA will need a solid portfolio of offerings to gain an edge in this highly competitive space.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple (NASDAQ:AAPL) sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Take-Two Interactive Software, Inc. (TTWO): Free Stock Analysis Report
Nintendo Co (T:7974). (NTDOY): Free Stock Analysis Report
Original post
Zacks Investment Research
As the digital economy starts to go online across businesses and the world, investors have to be aware of the companies and services that will be at the forefront of this...
Wall Street Indexes remain under pressure today but have held above the lows we saw on Tuesday as the Trump administration tariffs came into force. The announcement of tariffs on...
These stocks provide a compelling case as safe-haven stocks in the face of an escalating trade war. Each company operates within sectors that are relatively resilient to economic...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.