Why is Nintendo stock so low?

Key Points. The stock has slipped after Nintendo reported its latest earnings in early February. Management lowered forward guidance due to weaker-than-expected holiday demand. However, the stock looks cheap on a multi-year time frame due to Nintendo's initiatives.

Why are Nintendo stocks dropping?

Nintendo Co.'s stock price plunged after it cut its full-year earnings and revenue outlook in a sign of flagging demand for the aging Switch console. Shares in the Kyoto-based company dropped 7.5% in their biggest drop in 16 months in Tokyo Wednesday.

Is Nintendo stock gonna go up?

Stock Price Forecast

The 17 analysts offering 12-month price forecasts for Nintendo Co Ltd have a median target of 42.87, with a high estimate of 57.05 and a low estimate of 21.31. The median estimate represents a +321.10% increase from the last price of 10.18.

Should I buy stocks in Nintendo?

Valuation metrics show that Nintendo Co. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of NTDOY, demonstrate its potential to underperform the market.

What is the future of Nintendo stock price?

According to 24 stock analysts, the average 12-month stock price forecast for NTDOY stock is $16.38, which predicts an increase of 60.90%. The lowest target is $-7.49 and the highest is $33.39. On average, analysts rate NTDOY stock as a buy.

Buy And Hold FOREVER! -- Nintendo (NTDOY) Stock Investment Analysis

Is Nintendo a good dividend stock?

Current dividend yield vs market & industry

Notable Dividend: NTDO. Y's dividend (3.1%) is higher than the bottom 25% of dividend payers in the US market (1.63%). High Dividend: NTDO. Y's dividend (3.1%) is low compared to the top 25% of dividend payers in the US market (4.76%).

Who owns the most Nintendo stock?

Saudi Arabia, through its Public Investment Fund (PIF), has become the biggest shareholder of Nintendo outside of the company's own stocks. The PIF purchased another bunch of Nintendo shares, boosting its ownership from 6% at the start of 2023 to a total of 8.3%, according to a report by Bloomberg.

Is Nintendo worth more than Apple?

But Nintendo is valued at $45 billion in the stock market. Apple is valued at more than $1 trillion. If Apple wanted to crush Nintendo as a competitor, it could do so very easily. It could buy Nintendo many times over.

Why is Nintendo dividend so high?

Its profits have been on the rise as the growing installed base of Switch owners buys more games. And that improvement on the bottom line has allowed it to boost its dividend payments over the last year.

Are Nintendo's worth money?

NES consoles sell for around $74. Used systems can range anywhere from $30 to $200, depending on the condition of the unit. A working system of the original NES console with noticeable cosmetic damage will sell at around $20, while complete-in-box models go for upwards of $200.

Why can't i buy Nintendo stock?

But as a Japan-based firm, Nintendo doesn't list on major U.S. stock exchanges like the NYSE or Nasdaq. Instead, it trades on the Tokyo and Osaka exchanges. That means that, technically, U.S. investors can't invest in U.S.-based Nintendo stock.

What are the two Nintendo stocks?

NTDOY and NTDOF are the ticker symbols for the two Nintendo ADRs.

How much dividends does Nintendo pay?

NTDOY's annual dividend yield is 20.34%. When is Nintendo Co Ltd ex-dividend date? Nintendo Co's previous ex-dividend date was on Sep 28, 2022. Nintendo Co shareholders who own NTDOY stock before this date received Nintendo Co's last dividend payment of $0.18 per share on Nov 30, 2022.

What does a 1 10 stock split mean?

A 1-for-10 split means that for every 10 shares you own, you get one share. Below, we illustrate exactly what effect a split has on the number of shares, share price, and the market cap of the company doing the split. Image by Sabrina Jiang © Investopedia 2020.

Who is Nintendo stock competitor?

The main competitors of Nintendo include Marriott International (MAR), Charter Communications (CHTR), Las Vegas Sands (LVS), Oriental Land (OLCLY), Lululemon Athletica (LULU), Hilton Worldwide (HLT), ANTA Sports Products (ANPDF), Activision Blizzard (ATVI), Warner Bros. Discovery (WBD), and Electronic Arts (EA).

Is the Nintendo switch declining?

Nintendo sold 5.22 million base Switch console units during this period versus 11.79 million during the same period the previous year, a 55.7% drop year-on-year according to its briefing.

Are high dividend stocks bad?

Key Takeaways. A high dividend yield might indicate a business in distress. The yield could be high because the company's shares have fallen in response to financial troubles, and the struggling company hasn't cut its dividend yet.

Is Disney richer than Nintendo?

Valuation. As of this writing, Disney has a market cap of $164 billion and Nintendo has a market cap of $47 billion.

Is Nintendo still successful?

It has sold 84.59 million units after just 49 months on the market, making it one of the fastest-selling consoles of all time. Games on the system have enjoyed massive sales numbers too. In August 2021, for two consecutive weeks, Nintendo Switch games filled every spot in Japan's Top 30 charts.

What is the number 1 selling Nintendo game of all time?

Super Mario Bros. – 48 million

The lifetime sales total of Super Mario Bros. sits at just over 48 million units, according to CESA. It's the best-selling NES game ever, with an estimated 40.24 million copies sold on the console.

Who is richer Sony or Nintendo?

But in terms of revenue, Sony is the clear leader by a significant margin thanks in part to the success of the PS5 and its subscription services. In terms of console sales, the Switch leads the way with more than 103 million systems sold since launch in 2017.

Is Nintendo a profitable company?

This statistic shows the net income generated by the video game company Nintendo from fiscal 2008 to 2022. In 2022, Nintendo reported an income of 3.9 billion U.S. dollars.