Nintendo Stock (NTDOF) Gains Alongside Direct Partner Showcase Game Reveals
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Nintendo Stock (NTDOF) Gains Alongside Direct Partner Showcase Game Reveals
Nintendo (NTDOF) stock was up on Thursday after the video game company held a special Direct presentation. This Direct Partner Showcase provided reveals and updates for several games coming to Nintendo’s consoles, including the Switch and Switch 2. This has NTDOF stock up 0.6% on Thursday, extending a 47.69% year-to-date rally and a 60.1% gain over the past 12 months. It also showed that Nintendo will get plenty of third-party support for the Switch 2 over the next couple of years.
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Here are the biggest game announcements during the Nintendo Direct Partner Showcase:
Monster Hunter Stories 3: Twisted Reflection is a new game from Capcom (CCOEF) coming to the Switch 2 in 2026.
New details about Hyrule Warriors: Age of Imprisonment were revealed during the presentation.
The Adventures of Elliot: The Millennium Tales is a new HD2D game revealed by Square Enix (SQNXF), coming to the Switch 2 in 2026.
Square Enix also revealed Octopath Traveler 0, which will be released on the Switch and Switch 2 later this year.
Once Upon a Katamari is a new entry in Bandai Namco Entertainment’s (NCBDF) long-running series that will be released on the Switch later this year.
Several other games were also revealed to be coming to the Switch or Switch 2. That includes Dragon Ball
Nintendo Stock Movement Today
Nintendo investors and gamers appeared receptive to the games shown off during the Direct Partner Showcase. This has NTDOF stock up 0.6% on Thursday, extending a 47.69% year-to-date rally and a 60.1% gain over the past 12 months. It also showed that Nintendo will get plenty of third-party support for the Switch 2 over the next couple of years.
Is Nintendo Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Nintendo is Moderate Buy, based on eight Buy, two Hold, and a single Sell rating over the past three months. With that comes an average NTDOF stock price target of $94.23, representing a potential 12.13% upside for the shares.
See more NTDOF stock analyst ratings
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