Investors are weighing the impact of rising memory prices and the strength of Nintendo’s games pipeline ahead of the Switch 2.
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Nintendo
maintained its full-year sales and profit guidance on Tuesday as investors looked to see if momentum for the Switch 2 could be sustained.
Here’s how Nintendo did in its fiscal third quarter ended Dec. 31 versus LSEG estimates:
In November, Nintendo said it expected to sell 19 million units of the Switch 2 in the fiscal year ending March 2026, versus a previous forecast of 15 million units. Nintendo maintained this forecast.
Nintendo is riding a wave of momentum after launching its latest console called the Switch 2.
Nintendo shares have rallied roughly 40% so far this year on excitement about the firm's new Switch 2 hybrid console.
Nintendo says it expects to sell 15 million Switch 2s in the fiscal year ending March 2026. Analysts say that estimate is…
Investors are concerned about Nintendo's outlook of lower Switch 2 sales in the current fiscal year, driven by price rises for…
Nintendo shares hit a fresh record high on Wednesday continuing a massive rally this year that has been fueled by demand and hype…
Nintendo said the price of the Switch 2 in the U.S. will rise from $449.99 to $499.99. In Japan, Nintendo will hike the price…
