As Trump made his move regarding tariffs on multiple trade partners, many stocks with international exposure took a dive. Gaming stocks were also negatively impacted. We decided to take a look at some of the gaming stocks that traded down after the tariff announcement but continue to be solid investments.
The reason these stocks are not hugely impacted by tariffs is because of the nature of the business. Games developed by these companies have a huge fan following, which usually isn’t deterred by minor increases in price. Moreover, the digital nature of the products means enforcing tariffs isn’t as straightforward as it is on physical goods. On top of that, these companies sell to a global audience so tariffs even on a significantly big market base don’t impact the overall business as much.
To come up with our list of 5 gaming stocks that are a good bet despite tariffs, we only considered stocks with a market cap of at least $5 billion.
5. Bilibili Inc. (NASDAQ:BILI)
Bilibili Inc. is an online entertainment services provider for the young generation. It provides a wide range of content including mobile games, live broadcasting, professional user-generated videos, comics on Bilibili Comic, and more variety of content.
BILI stock price was down by 8% in January despite a stellar 2025. The company continues to be under pressure owing to the uncertainty of Donald Trump’s tariff strategy. On the fundamental level, it still looks solid. It is a growth bet that is still available at a reasonable valuation.
Bilibili is particularly popular among China’s youth, so much so that it has doubled its daily active users in just a matter of 4 years. The average time spent online has also gone up. These two growth drivers should be enough to convince anyone of the company’s growth prospects.
The company’s gaming revenue jumped 85% in Q3 last year. The results of the economies of scale are about to kick in for BILI and when that happens, tariffs won’t be able to dampen the investor sentiment.
4. Take-Two Interactive Software Inc. (NASDAQ:TTWO)
Take-Two Interactive Software Inc. is an interactive entertainment solutions marketer, developer, and publisher. It sells its products through cloud streaming services, digital downloads, retail, and online platforms.
Take-Two Interactive’s investment thesis for the year revolves around the launch of GTA 6. The game is set to come out in the later part of the year but could easily rack up over a billion dollars in pre-orders before its launch. The excitement surrounding the release is unprecedented and likely to make a big mark on the gaming industry. Apart from the expected success of this version of GTA, there is also considerable excitement as to how TTWO implements its AI technologies in the game. There is no doubt the company has pricing power in this case. However, increasing the launch price could also help competition increase the prices of their games by anchoring against GTA 6, something that would help all the gaming companies. A $80 price point could be the sweet spot for TTWO, bringing in enough revenue while now allowing competition to raise the prices of their games.
TTWO was also a favorite pick of JP Morgan analysts for 2025. With large caps comfortably outperforming small and medium caps in the last 3 years in a row, the bank believes lower interest rates and lower tariff exposure could set up these stocks well for Trump’s first year in office.
3. Electronics Arts Inc. (NASDAQ:EA)
Electronics Arts Inc. is a video game developer, publisher, marketer and distributor company. It designs and publishes games in different genres including sports, first-person shooter, role-playing, racing, action, and other categories. The company sells its games through retail and online distribution channels and other networks.
EA is set to announce its earnings report later today with the firm expected to report a 187% EPS growth on a slightly declining revenue. The company’s strength in gaming is known to many. However, a new chapter of growth is about to begin with the company launching its EA Sports App. This will provide users with live analytics and game stats in addition to other sports-related content. While EA hasn’t yet outlined a monetization strategy, it is clear that money will come in either through advertising or subscription plans.
Last month, the stock was downgraded by BofA from Buy to Neutral after the company cut down its 2025 net-bookings guidance. Other analysts had a similar opinion about the stock, but a 16% decline so far this year could have all that negativity priced in.
2. Roblox Corporation (NYSE:RBLX)
Roblox Corporation is an online entertainment platform operator and developer. The company provides a range of products and services including Roblox Client, Roblox Studio, and Roblox Cloud. Roblox is more than just a gaming company though.
The popular platform also offers a massive community with healthy social interaction that can easily be monetized through selling accessories or holding community events. This strength is put to use when the company collaborates with retail companies.
The problem for investors is that the company isn’t yet profitable. The high valuation that the stock commands suggests investors are willing to ignore that. The cash flow could be the reason. Roblox more than doubled its operating cash flow in a year, which now stands at $247.4 million. On this metric, the company comfortably beats traditional giants like Electronic Arts (EA) and Take-Two Interactive (TTWO).
With both gaming and metaverse expected to grow at healthy rates in the next 5 years, Roblox is poised to benefit from the expanding market.
1. NetEase Inc. (NASDAQ:NTES)
NetEase Inc. is a gaming company that provides a range of services including internet content services, music streaming, online games, and online intelligent learning services. It operates in games and related services, cloud music, youdao, and other segments and is the second-largest gaming company in China.
Owing to it being a Chinese company, the stock doesn’t enjoy the rich valuations that other companies do. However, on a fundamental level, the company is as strong as a gaming company can be. Its strength isn’t derived from one-off game releases but a sustained line-up of games that continue to make their mark on the industry. Its new titles as well as legacy titles continue to be popular among gamers.
NetEase is one of two Chinese companies that have built their own gaming engine, the other one being Tencent. This already puts the company on par with global gaming giants. Tariffs may slow down the company’s progress in the US but the company’s ambitious international plans are unlikely to be halted by such measures. It has already delivered two successful titles in Japan and internationally in the form of Racing Master and Naraka: Bladepoint.
Even locally, Take Eggy Party has attracted more daily active users than any other local game. Anyone who is keeping an eye on gaming stocks would like to keep NetEase on their watchlist.
NetEase Inc. is not on our latest list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 32 hedge fund portfolios held NTES at the end of the third quarter which was 35 in the previous quarter. While we acknowledge the potential of NTES as a leading AI investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NTES but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article was originally published at Insider Monkey.
