On November 4th, Wall Street analysts said that Electronic Arts (EA) should build a metaverse around its games.
Game companies should act immediately instead of turning to Metaverse later, because the field will drive more growth. It also decides the game company. The key to maintaining long-term competitiveness.
VanEck ETF product manager John Patrick Lee said: Any company that seriously considers the future of its products and users, and how to play games, is thinking about Metaverse. Electronic Arts is in the construction of metaverse. Has fallen behind competitors such as Roblox and Epic Games.
Data from the research company Strategy Analytics shows. The global metaverse market in 2021 is estimated to be 6.16 billion U.S. dollars, and it is expected to reach 41.62 billion U.S. dollars in 2026. Wall Street analysts give EA stock a buy rating on average, with a median target price of $170 and the current price of $140.