Electronic Arts just faced a massive drop of 18% in its stock price after a few games failed to meet expectations. Recently, a preliminary Q3 FY2025 earnings report saw EA lowering revenue due to Dragon Age: The Veilguard and EA Sports FC underperforming. This led the company to drop more than half a billion from revenue projections.
Dragon Age: The Veilguard was expected to sell at least 3 million copies but only managed to reach halfway through despite positive reviews. EA Sports FC also missed the revenue expectations despite being one of the primary earners for the company. This was likely due to the launch of EA Sports College Football 25 which is a beloved returning title.
Overall, the company seems to have fumbled the bag in Q3 and had to lower the revenue expectations from $7.8 billion down to $7 billion. This is a massive hit which may further explain the large dip in stock. This is reported to be one of the largest drops in EA stock in the last decade.
Also Read: Dragon Age - The Veilguard failed to meet EA’s revenue expectations
EA surrounded by controversy
EA has generally been in the clear for some time with Ubisoft taking all the heat, however, the company remains doused in controversy. People recently found the company using images from the Gaza War in one of the concept art for their flagship franchise ‘Battlefield’.
While it was just a concept art, many people aren’t confident in the game too. The last game in the Battlefield franchise was a huge letdown. EA has reported that the company is going back to its roots in the franchise and promised more details in 2025.
For now, there is currently no information regarding the release of the game or what players can expect, but a lot will likely depend on its performance. Despite all this, the company remains confident in its growth plan and so do the market analysts.