Electronic Arts IncNasdaq: EA
Communication Services · Interactive Home Entertainment
$202.07
-0.15%
Vol: 956K
Research Digest
Friday, May 1, 2026
Electronic Arts to report fiscal 2026 year-end results on May 5 with no earnings call due to pending Oak-Eagle acquisition; analysts expect $2.25 EPS, up 46.1% year-over-year.
Electronic Arts will release fiscal 2026 financial results after market close on May 5, 2026, with no earnings conference call scheduled due to the pending Oak-Eagle AcquireCo acquisition. Analysts are projecting an EPS of $2.25, up 46.1% year-over-year, and revenue of $1.99 billion, up 10.8%. Q3 FY26 net bookings reached $3.046 billion, up 38% year-over-year, driven by strong performance from Battlefield 6 and Apex Legends. The acquisition settlement is expected on May 5, 2026.
Previous Market Intelligence
13 daysApr 30Electronic Arts posts strong Q3 fiscal 2026 with record net bookings up 38% despite margin pressurePositive▶
Electronic Arts delivered record net bookings of $3.046 billion in Q3 fiscal 2026, up 38% year-over-year, driven by successful game launches including Battlefield 6, the best-selling shooter of 2025. Gross and operating margins expanded significantly, with operating income up 30% year-over-year. However, operating expenses surged 22% to $1.276 billion due to increased R&D and marketing investments. EA SPORTS FC posted high-single-digit growth and Apex Legends showed double-digit gains from new content. Q4 earnings are scheduled for May 5 with analyst expectations of $1.99B revenue and $2.25 EPS. The company announced a next-generation F1 game for 2027.
Apr 29Electronic Arts goes private in $55 billion leveraged buyout with Saudi Arabia's PIF, Silver Lake, and Affinity PartnersPositive▶
Electronic Arts announced going private in a $55 billion all-cash leveraged buyout, the largest gaming LBO in history, with shareholders receiving $210 per share. The deal involves Saudi Arabia's Public Investment Fund, private equity firm Silver Lake, and Jared Kushner's Affinity Partners. EA reported Q3 FY26 net bookings of $3.046 billion (+38% YoY), driven by Battlefield 6, Apex Legends, and EA SPORTS. The company announced next F1 game in 2027 with multi-year investment backing.
Apr 16EA to report FY2026 results May 5; Oak-Eagle AcquireCo extended tender offer expiration to April 30 for $3.996B debt offer; CEO insider selling noted.Neutral▶
Electronic Arts will release fiscal year 2026 financial results on May 5, 2026 with no earnings conference call due to pending acquisition. Oak-Eagle AcquireCo extended the expiration date for tender offers on EA's 2031 and 2051 notes to April 30, 2026 with settlement on May 5. CEO Andrew Wilson sold 5,000 shares on April 15 at $203.21/share ($1.016M total). The company is preparing to go private with a $15B debt package and anticipated $700M in savings from merger financing consortium including Saudi Public Investment Fund, Silver Lake, and Affinity Partners. Strong Q3 FY26 bookings reached $3.046B (+38% YoY).
Apr 15Electronic Arts will report FY2026 results on May 5 with no earnings call as the company undergoes $55 billion go-private delisting process.Neutral▶
Electronic Arts announced it will release fourth quarter and fiscal year 2026 financial results after market close on May 5, 2026, with no earnings conference call due to the pending $55 billion go-private acquisition by consortium including PIF, Silver Lake, and Affinity Partners at $210 per share. As of April 9, 2026, EA officially began the delisting process from NASDAQ.
Apr 14Electronic Arts $55 billion take-private deal finalized April 2026; Saudi PIF, Silver Lake, and Affinity Partners complete historic leveraged buyout.Neutral▶
The $55-$56.6 billion take-private acquisition of Electronic Arts was finalized in early April 2026, marking the largest leveraged buyout in video game industry history. The consortium includes Saudi Arabia Public Investment Fund (PIF) as majority owner, Silver Lake Partners as significant minority stakeholder, and Affinity Partners (5% stake). Shareholders received $210 per share, representing a 25% premium to EA unaffected price.
Apr 13Electronic Arts gains antitrust clearance for $55 billion go-private deal expected to close by June 30, 2026.Positive▶
EA's investor-led buyout consortium completed the Hart-Scott-Rodino antitrust waiting period in February 2026. The takeover by Public Investment Fund, Silver Lake, and Affinity is on track for completion between April-June 2026. JPMorgan-led syndicate began marketing $5.75 billion financing. EA reported Q3 FY26 net bookings of $3.046 billion (+38% YoY), driven by strong performance in Battlefield 6, Apex Legends, and EA SPORTS FC.
Apr 10Electronic Arts officially transitions to private company via $56.6 billion take-private deal; delisting from NASDAQ complete.Neutral▶
Electronic Arts finalized its historic transition from public to private company through a $56.6 billion take-private acquisition ($210/share) led by Saudi Arabia's Public Investment Fund and Silver Lake Partners—the largest leveraged buyout in video game industry history. Oak-Eagle AcquireCo extended the expiration time for tender offers on EA's notes to April 30, 2026.
Apr 9Electronic Arts Q3 FY26 Net Bookings Jump 38% YoY on Battlefield 6, PIF Leveraged Buyout in ProcessPositive▶
Electronic Arts reported Q3 FY26 net bookings $3.046B, up 38% YoY, driven by successful Battlefield 6 launch and strong EA SPORTS performance. PIF-led consortium pursuing $55B leveraged buyout (historic largest on Wall Street). Oak-Eagle AcquireCo extended tender offers for EA notes to April 30, 2026. Stock at $204.00 on April 8, reflecting historic M&A activity and successful franchise launches. EA announced next generation F1 game for 2027 backed by multi-year strategic investment with F1 Management support. FY 2025 revenue $7.46B (-1.31% YoY), earnings $1.12B (-11.94% YoY), suggesting restructuring headwinds offset by franchise momentum. Zacks Rank #2 (Buy) with backing from prominent investors including Paul Tudor Jones.
Apr 8Electronic Arts $55B take-private deal expected to close April-June, tender offer extended to April 30Mixed▶
Electronic Arts' $55 billion investor-led take-private transaction (PIF, Silver Lake, Affinity consortium) is expected to close between April 1 and June 30, 2026, following HSR clearance on February 9. Oak-Eagle AcquireCo extended its tender offers and consent solicitations for EA debt securities to April 30 with settlement May 5. EA reported Q1 blowout earnings on February 3, beating consensus EPS estimates, and led video game publishers with 200+ million downloads in 2025. The deal removes near-term equity uncertainty but leaves debt holders with refinancing risk. Execution risk exists until closing, with activist short-squeeze potential if deal falters.
Apr 7$5.75B JPMorgan-led loan package marketed for $55B Saudi PIF/Silver Lake LBO; close June 2026.Neutral▶
EA undergoing $55B LBO led by Saudi PIF and Silver Lake. JPMorgan marketing $5.75B loan package. UK and China clearances obtained early March. Q3 FY26 net bookings $3.046B (+38%). Stock $203.84. 18 analysts rate Hold with $191.33 target. CEO touting $700M cost savings.
Apr 6Electronic Arts faces acquisition uncertainty as banks market $5.75B financing for leveraged buyout.Neutral▶
Electronic Arts stock trades at ~$203.60 with 51.1% one-year return. A pending acquisition by a consortium led by The Public Investment Fund with Silver Lake and Affinity Partners remains in progress, with a JPMorgan-led banking group marketing a $5.75B loan to finance the LBO. In March 2026, EA was removed from the NASDAQ Internet Index despite strong fundamentals: Q1 FY27 EPS of $4.82 beat estimates of $2.86 by 20.76%, with revenue of $3.05B exceeding $2.86B expectations. The stock hit a 52-week high of $204.89 and low of $131.15. 18 analysts rate EA as "Hold" with average 12-month target of $191.33 (−6.03% downside).
Apr 3Electronic Arts removed from NASDAQ Internet Index; go-private deal on track for April-June 2026 close.Mixed▶
Electronic Arts was removed from the NASDAQ Internet Index on April 1, 2026, ahead of its $55 billion consortium-led take-private transaction. Regulatory clearance was obtained in the US, UK, and China. The deal is expected to close between April 1 and June 30, 2026. Q3 FY26 net bookings were $3.046B (+38% YoY).
Apr 2Electronic Arts in leveraged buyout with Saudi Arabia's PIF, Silver Lake, and Affinity Partners acquiring company at $210/share for $55 billion deal.Positive▶
A consortium led by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners agreed to acquire Electronic Arts at $210 per share in a $55 billion leveraged buyout transaction. EA is preparing a $15 billion debt financing package with focus on $700 million in cost savings. Company reported strong Q3 FY26 net bookings of $3.046 billion, up 38% year-over-year, driven by Battlefield 6, Apex Legends, and EA SPORTS FC. Current stock price around $203.40.
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| GOOGALPHABET | $382.99 | +0.27% | +28.3% | 28.2x | 1.13 | $4.62T |
| METAMETA | $609.01 | -0.47% | +6.8% | 16.9x | 1.31 | $1.55T |
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