Wedbush Issues Positive Estimate for Nintendo Earnings

Nintendo Co. (OTCMKTS:NTDOY) – Stock analysts at Wedbush raised their Q1 2026 earnings per share (EPS) estimates for Nintendo in a research note issued to investors on Tuesday, July 29th. Wedbush analyst A. Reese now anticipates that the company will post earnings of $0.09 per share for the quarter, up from their prior estimate of $0.07. Wedbush currently has a “Strong-Buy” rating on the stock. The consensus estimate for Nintendo’s current full-year earnings is $0.44 per share. Wedbush also issued estimates for Nintendo’s Q2 2026 earnings at $0.09 EPS, Q3 2026 earnings at $0.22 EPS, Q4 2026 earnings at $0.09 EPS, FY2026 earnings at $0.49 EPS, Q1 2027 earnings at $0.15 EPS, Q3 2027 earnings at $0.28 EPS, Q4 2027 earnings at $0.15 EPS, FY2027 earnings at $0.72 EPS and Q1 2028 earnings at $0.15 EPS.

Several other brokerages have also recently weighed in on NTDOY. Citigroup began coverage on Nintendo in a research note on Friday, May 2nd. They set a “buy” rating on the stock. Benchmark raised Nintendo to a “strong-buy” rating in a research note on Monday, May 19th. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

Nintendo Price Performance

Shares of OTCMKTS NTDOY opened at $21.46 on Wednesday. The business’s 50 day moving average is $21.63 and its two-hundred day moving average is $19.25. Nintendo has a 1-year low of $11.36 and a 1-year high of $24.09. The stock has a market capitalization of $111.48 billion, a P/E ratio of 55.03 and a beta of 0.63.

Nintendo (OTCMKTS:NTDOY) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. Nintendo had a return on equity of 10.51% and a net margin of 23.81%. The company had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $215.06 billion.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. First Horizon Advisors Inc. grew its stake in shares of Nintendo by 192.5% during the first quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company’s stock valued at $31,000 after buying an additional 1,201 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Nintendo by 16.4% during the first quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company’s stock valued at $91,000 after buying an additional 749 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Nintendo by 24.1% during the first quarter. GAMMA Investing LLC now owns 16,062 shares of the company’s stock valued at $276,000 after buying an additional 3,114 shares during the last quarter. Sterling Capital Management LLC bought a new position in Nintendo in the fourth quarter worth approximately $605,000. Finally, Confluence Investment Management LLC grew its stake in Nintendo by 1.5% in the second quarter. Confluence Investment Management LLC now owns 56,080 shares of the company’s stock worth $1,347,000 after purchasing an additional 843 shares in the last quarter. Institutional investors own 0.02% of the company’s stock.

About Nintendo

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.