Nintendo (OTCMKTS:NTDOY) Shares Down 9.8% – Here’s Why

Nintendo Co. (OTCMKTS:NTDOY) traded down 9.8% on Friday . The company traded as low as $10.62 and last traded at $10.63. 5,698,201 shares traded hands during mid-day trading, an increase of 84% from the average session volume of 3,093,833 shares. The stock had previously closed at $11.78.

More Nintendo News

Here are the key news stories impacting Nintendo this week:

• Positive Sentiment: Nintendo reported quarterly EPS of $0.10, topping analyst expectations of $0.09, and posted strong profitability with an 18.91% net margin and 13.03% return on equity.
• Neutral Sentiment: The company raised the Switch 2 price starting September 1, which could help offset higher costs but may also weigh on demand. Nintendo Increases Switch 2 Price Starting September 1
• Neutral Sentiment: Reports also noted Nintendo is facing higher memory prices and supply constraints tied to the AI boom, adding cost pressure across its games business. Sony, Nintendo grapple with memory price surge as AI boom constrains supply
• Negative Sentiment: Nintendo issued FY2026 guidance below Wall Street estimates, with EPS guidance of 0.429 versus 0.510 expected and revenue guidance of about $13.1 billion versus $14.8 billion expected, signaling slower growth ahead.
• Negative Sentiment: Management also warned that Switch 2 sales could decline next year, and media reports tied the weaker outlook to tariffs and broader cost inflation, which may limit investor enthusiasm. Nintendo Forecasts Weaker Switch 2 Sales, Net Profit

Analysts Set New Price Targets

NTDOY has been the topic of several recent research reports. Zacks Research cut shares of Nintendo from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. Wolfe Research upgraded shares of Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. China Renaissance restated a “sell” rating on shares of Nintendo in a research report on Wednesday, February 4th. UBS Group raised Nintendo from a “sell” rating to a “neutral” rating in a report on Wednesday, February 4th. Finally, TD Cowen reiterated a “buy” rating on shares of Nintendo in a research report on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Nintendo presently has a consensus rating of “Moderate Buy”.

Nintendo Trading Down 11.3%

The stock has a market cap of $53.81 billion, a price-to-earnings ratio of 17.42 and a beta of 0.41. The company has a fifty day simple moving average of $13.79 and a 200-day simple moving average of $16.60.

Nintendo (OTCMKTS:NTDOY) last announced its earnings results on Friday, May 8th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Nintendo had a net margin of 18.91% and a return on equity of 13.03%. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. As a group, analysts anticipate that Nintendo Co. will post 0.57 earnings per share for the current year.

Institutional Trading of Nintendo

Several large investors have recently added to or reduced their stakes in NTDOY. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Nintendo by 322.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,225 shares of the company’s stock valued at $71,000 after purchasing an additional 3,225 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Nintendo by 30.6% during the third quarter. PNC Financial Services Group Inc. now owns 7,891 shares of the company’s stock valued at $168,000 after buying an additional 1,851 shares in the last quarter. DRW Securities LLC purchased a new position in shares of Nintendo during the fourth quarter valued at $295,000. Atlatl Advisers LLC acquired a new position in Nintendo during the third quarter valued at $462,000. Finally, O Brien Greene & Co. Inc raised its position in Nintendo by 2.1% during the fourth quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock valued at $642,000 after buying an additional 800 shares during the period. 0.02% of the stock is owned by institutional investors and hedge funds.

About Nintendo

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.