{"id":267571,"date":"2025-03-26T23:13:34","date_gmt":"2025-03-26T23:13:34","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/26\/nintendo-switch-2-outlook-by-goldman-sachs-drives-shares\/"},"modified":"2025-03-26T23:13:34","modified_gmt":"2025-03-26T23:13:34","slug":"nintendo-switch-2-outlook-by-goldman-sachs-drives-shares","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/26\/nintendo-switch-2-outlook-by-goldman-sachs-drives-shares\/","title":{"rendered":"Nintendo Switch 2 Outlook by Goldman Sachs Drives Shares"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/i.gadgets360cdn.com\/large\/switch_2_1740667864375.png?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Nintendo Switch 2 Outlook by Goldman Sachs Drives Shares\" title=\"Nintendo Switch 2 Outlook by Goldman Sachs Drives Shares\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<p>Nintendo Co. shares gained the most in over seven months after Goldman Sachs Group Inc. said it expects the upcoming release of its Switch 2 console to drive active users to new highs.<\/p>\n<p>The US bank reinstated coverage of the Japanese games maker with a buy rating and a 12-month price target of JPY 13,600 (roughly Rs. 7,753), representing a 26 percent upside from Tuesday&#8217;s close. <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/nintendo\">Nintendo<\/a> jumped as much as 6.4 percent Wednesday morning in Tokyo.<\/p>\n<p>The Switch 2, scheduled to be unveiled on April 2, should help Nintendo \u201cunlock dormant hardware and dormant users,\u201d pushing active consoles to new highs, analysts Minami Munakata and Haruki Kubota wrote in a report.\u00a0<\/p>\n<p>Nintendo&#8217;s long-awaited <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/switch-2\">Switch 2<\/a> will come more than seven years after its original Switch console went on sale, and the firm&#8217;s stock has risen to all-time\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-31\/-mario-kart-may-help-nintendo-rally-outlast-flight-from-ai-tech\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">highs<\/a>\u00a0on anticipation for its release.<\/p>\n<p>The new console will likely feature similar gameplay to its predecessor, allowing family and friends to play together, Munakata and Kubota wrote. They also expect \u201cnumerous new software titles\u201d to accompany the Switch 2&#8217;s release, helping drive sales and leading to a \u201crenewed growth phase\u201d for Nintendo&#8217;s earnings from next fiscal year. A slowdown in Switch sales has been\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-04\/nintendo-lowers-outlook-after-sales-and-profit-miss-estimates\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">pressuring<\/a>\u00a0revenue in recent quarters.\u00a0<\/p>\n<p>An Insider Gaming\u00a0<a href=\"https:\/\/insider-gaming.com\/nintendo-switch-2-launch-plans\/\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">report<\/a>\u00a0that Nintendo may release new software for the Switch 2 in three phases is also likely boosting its shares Wednesday, said Bloomberg Intelligence analyst Nathan Naidu.\u00a0<\/p>\n<p>A phased game roll-out \u201ccould help \u2018stretch out&#8217; orders for the gadget and avoid issues with scalpers that the Switch had,\u201d Naidu wrote in a note.\u00a0<\/p>\n<p><em>\u00a9\u00a02025\u00a0Bloomberg L.P.<\/em><\/p>\n<p><i>(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.gadgets360.com\/games\/news\/nintendo-shares-surge-goldman-switch-2-fuel-users-8013769#rss-gadgets-news\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nintendo Co. shares gained the most in over seven months after Goldman Sachs Group Inc. said it expects the upcoming release of its Switch 2 console to drive active users to new highs. The US bank reinstated coverage of the Japanese games maker with a buy rating and a 12-month price target of JPY 13,600 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":267572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/switch_2_1740667864375.png","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[27831,3278,29532,22258,205611,5052,31393,1253,17173,161888],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/267571"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=267571"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/267571\/revisions"}],"predecessor-version":[{"id":267573,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/267571\/revisions\/267573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/267572"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=267571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=267571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=267571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}