According to the chief investment officer of international equities at Ariel Investments, Rupal Bhansali, Nintendo’s move into mobile gaming could boost their stock by 50% in the next 1-2 years. He also said that the company’s revenue for the year is likely to bottom at roughly $4.48 billion, according to forecasts.

Nintendo’s sales are expected to jump by 17% to around $5.25 billion for the fiscal year ending in March 2017. Another analyst, Atul Goyal, said that the company could form 25% of the total smartphone game market (worth around $40.5 billion) by 2018, earning Nintendo about $5.1 billion in profit (at a 50% profit margin).

“The casual-gaming market moved to the mobile platform, but Nintendo did not. Now the world’s largest casual-gaming company is moving to the world’s largest casual-gaming platform. In two years’ time, it’s not impossible that Nintendo could have five of the top 10 mobile games.” — Atul Goyal

Stock prices could possibly reach their 2007 height of nearly $80. Even with minimal success in the smartphone market, the predicted stock price is at least $17.

Source: GoNintendo

Our Verdict

Sean Ayres
Everything looks so much cooler in my mind.


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