Oct. 13 at 2:15 PM
$NTDOY launched in March of 2017, revenue and net income didn’t peak until 2021, almost 4 years later to reach peak penetration and ultimately saturation. The stock price moved in line with this as NTDOY is driven by fundamentals more than anything.
Then post 2021, with a mature product, sales began to decline but still were sustained through 2023 and only really meaningfully dropped off in 2024/2025.
Keep that in mind before you say this is a flop…
I’ve owned Nintendo for years and believe there will be a meaningful rebound in the lead up to earnings / back to 24 levels. Then if it can break 25 potentially up to 30. Analysts have a consensus buy rating with price at
$35.