This week, EA published their revised projected revenues for the 2025 fiscal year following Dragon Age and EA FC 25’s failure to meet expectations, which caused the EA stock to plummet.
Earlier in the week, EA Inc. published their updated projected revenues which went from single-digit growth in live service revenue to a single-digit decline due to the failed expectations of Dragon Age: The Veilguard and EA FC 25‘s live service offerings.
The reported “engagement” number for the latest Dragon Age was reportedly 1.5 million units since launch, and EA has stated engagement is “down nearly 50% from the company’s expectations.” Electronic Arts expected Dragon Age: The Veilguard to have three million players engaged by now (which is notably not referred to in the report as a sales number), and with EA FC 25‘s live service revenue tilting into red, the public EA stock value has tanked by over 17% this week.
CEO of EA, Andrew Wilson says “During Q3, we continued to deliver high-quality games and experiences across our portfolio; however, Dragon Age and EA SPORTS FC 25 underperformed our net bookings expectations,” continuing with “We remain confident in our long-term strategy and expect a return to growth in FY26, as we execute against our pipeline.” CFO of EA, Stuart Canfield echoes the positive message with “We remain confident in our long-term strategy and expect a return to growth in FY26, as we execute against our pipeline” ending with “As we look to FY26, we expect to grow as we launch more of our iconic franchises.”
This financial report has done considerable damage to the publicly traded EA stock price. Since the report went live on Wednesday, the EA stock has gone into freefall, dropping value by ~$27 a share (18% drop in value) at the time of this article. It’s worth mentioning shortly after launch, Dragon Age: The Veilguard dropped significantly in price to boost engagement, but the published report doesn’t go into particulars on that note. The more surprising fall-off comes from the EA FC 25 title, considering EA executives boasted “Global Football had experienced two consecutive fiscal years of double-digit net bookings growth.”
While the EA stock outlook is bleak at the moment, EA will announce its results for the third fiscal quarter ending December 31, 2024 on February 4th, 2025 where more information will come out regarding “failed expectations.”
