12:48 PM EDT, 05/08/2024 (MT Newswires) -- Electronic Arts ( EA ) needs to keep its pipeline of games flowing again to deliver top line expansion after the company reported Q4 results at the low end of its guidance and below Street expectations, Wedbush said in a report Wednesday.

Wedbush analysts Nick McKay and Michael Pachter said EA continued to excel at sports games and live services tied to those sports games while struggling at delivering incremental big launches and mobile hits outside of its biggest sports games.

"We see a clear path to topline and margin expansion in future years if EA can deliver the significant incremental games that it expects in FY:26 and beyond," the analysts said.

"We expect EA to get more investors onboard with our thinking at the Investor Day in New York in September," they added.

Wedbush maintained its outperform rating on Electronic Arts ( EA ) with a price target of $162.

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