Microsoft (MSFT) Gaming CEO Phil Spencer plans to support Nintendo’s (NTDOY) Switch 2 when it releases later this year. While Microsoft is a rival of Nintendo in the video game sector, the two companies don’t compete directly for the same customers. That’s due to Microsoft focusing on console and PC gamers compared to Nintendo’s dominance of the handheld/home console market. They also target different age demographics with Microsoft attracting older gamers compared to Nintendo’s younger audience.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Spencer said that Microsoft will continue to focus on creating great games and releasing them on multiple platforms, including the Switch 2. Xbox games are already available on the Nintendo Switch and Sony’s (SONY) PlayStation 5. Microsoft even releases games on Valve’s Steam, a PC video game marketplace that competes with its own Microsoft Store.
What Xbox Games Will Release on the Nintendo Switch 2?
Spencer didn’t go so far as to say which games Microsoft will release on the Switch 2. However, leakers have spread rumors about the gaming company’s plans for the console. That includes its intention to be the largest third-party developer on the Switch 2. This would see it release any games possible for the gaming handheld.
Looking at specific titles, rumors claim Halo: The Master Chief Collection and Microsoft Flight Simulator 2024 are being prepared for release on the Switch 2. The release date of these is unclear but leakers believe they won’t be launch titles for the console.
Is MSFT Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Microsoft is Strong Buy based on 27 Buy and two Sell ratings over the last three months. With that comes an average price target of $509.42, a high of $575, and a low of $425. This represents a potential 19.1% upside for MSFT shares.
