Raymond James downgraded Electronic Arts (EA) to Market Perform from Outperform without a price target The company’s negative fiscal Q3 and fiscal 2025 preannouncement saw bookings expectations revised considerably below Street estimates, the analyst tells investors in a research note. The firm says that while Electronic Arts is pointing to “green shoots” in recent FC content updates which give confidence in its fiscal 2026 growth, the near-term path is “going to be rocky.” Given the lower visibility into near-term trends in the company’s flagship franchise and the doubts its casts on forward execution, Raymond James is moving to the sidelines.
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