10 Best Esports Stocks to Buy Now

6. Electronic Arts Inc. (NASDAQ:EA)

Number of Hedge Fund Holders: 46

Electronic Arts Inc. (NASDAQ:EA) is an American video game company that develops, publishes, and distributes a variety of games, content, and online services for consoles, mobile devices, and personal computers. The company has a portfolio of popular franchises including EA SPORTS FC, Battlefield, Apex Legends, The Sims, EA SPORTS Madden NFL, Need for Speed, Plants vs. Zombies, and EA SPORTS F1. Electronic Arts Inc. (NASDAQ:EA) is one of the best esports stocks to buy according to hedge funds.

In the earnings call for the third quarter of the company’s fiscal year 2025, which ended December 31, 2024, Electronic Arts Inc. (NASDAQ:EA) reported that FC started the quarter strong and saw increased preorders, engagement, and player monetization, which led to double-digit net booking growth in October 2024. However, this momentum failed to last through the quarter due to softer-than-expected engagement later in Q3 2025. As a response to this, Electronic Arts Inc. (NASDAQ:EA) made significant changes to the gameplay and rewards. The update went live on January 16, before the launch of the Team of the Year event. The gameplay update and the Team of the Year event helped Electronic Arts Inc. (NASDAQ:EA) reactivate over 2 million Ultimate Team players. The company has also reported high player retention.

On February 5, JPMorgan analyst Cory Carpenter raised the price target for Electronic Arts Inc. (NASDAQ:EA) to $125 from $115 while maintaining a Neutral rating. The analyst noted that the company “provided much-needed clarity” on recent challenges with FC. The company’s management expressed optimism that FC bookings have returned to growth after the well-received gameplay changes and the annual Team of the Year update.

To meet the changing expectations of the gaming community, the company has shifted its focus to updating and fine-tuning the gameplay and its programs. Electronic Arts Inc. (NASDAQ:EA) also unveiled Battlefield Labs, an initiative that allows player-driven testing and innovation ahead of the franchise’s expected fiscal year 2026 launch.