Streetbeat News

NCBDY

Bandai Namco Holdings Inc

Industry

Sporting and Athletic Goods Manufacturing

Open

12.10

Mkt cap

15B

Volume

644

High

12.10

P/E Ratio

17.83

52-wk high

12.11

Low

11.45

Div yield

0.01

52-wk low

8.72

The Biden administration is considering restrictions on chip sales from NVIDIA and AMD to the Middle East. Apple has a secret deal with BYD for EV batteries and is expanding its payment offerings. Microsoft settles an antitrust lawsuit and expands cloud gaming. Meta faces layoffs and legal challenges. TSMC starts manufacturing A16 chips for Apple in the US.

Portfolio Pulse from Lekha Gupta

October 20, 2024 | 5:45 pm

Bandai Namco Holdings ADR (OTC:NCBDY) is experiencing workforce challenges with 100 staff resignations amid project cancellations and financial losses. Despite these issues, the company saw success with its latest game, Dragon Ball Z: Sparking! Zero, selling over 3 million units in 24 hours.

Portfolio Pulse from Franca Quarneti

October 15, 2024 | 8:08 pm

Jefferies identifies Netflix, Sony, and Bandai Namco as key beneficiaries of the booming anime industry, expected to reach $60 billion by 2030. The growth is driven by increased anime distribution on streaming platforms and licensing revenues.

Portfolio Pulse from Benzinga Neuro

October 15, 2024 | 3:34 am

The US gaming market saw a 7% decline in spending in August 2024, with hardware sales dropping significantly, particularly for Nintendo's Switch. However, Electronic Arts' Madden NFL 25 was a bright spot, topping sales charts. Despite the decline, year-to-date spending remains stable.

Portfolio Pulse from Franca Quarneti

October 14, 2024 | 6:30 pm

The article covers various tech and economic developments, including Canada's tariffs on Chinese imports, earnings results from PDD Holdings and Nvidia, and new product launches by Amazon and Apple. It also discusses legal and social media issues involving Telegram and Starlink.

Portfolio Pulse from Lekha Gupta

September 02, 2024 | 1:07 pm

Bandai Namco's European CEO, Arnaud Muller, predicts 2024 as a stabilization year for the gaming industry after recent market corrections. The company reported a 56% profit increase, driven by the Elden Ring expansion, and avoided layoffs due to its diverse business model and cautious M&A strategy.

Portfolio Pulse from Franca Quarneti

August 26, 2024 | 4:17 pm

Bandai Namco Hldgs ADR (OTC:NCBDY) reported a 24.8% increase in net sales and a 56.3% rise in profits for Q1 FY2024, driven by strong digital entertainment sales, particularly from the Elden Ring DLC. The company has updated its six-month forecast, anticipating higher net sales and profits.

Portfolio Pulse from Franca Quarneti

August 08, 2024 | 7:42 pm

The 'Shadow of the Erdtree' DLC for Elden Ring has sold 5 million copies within three days of its release. Bandai Namco Holdings ADR (OTC:NCBDY) expressed gratitude to fans for this milestone. Despite initial mixed reviews, the DLC now enjoys a 'mostly positive' rating. FromSoftware's president, Hidetaka Miyazaki, hinted at potential movie adaptations of Elden Ring, provided a strong partnership is formed.

Portfolio Pulse from Franca Quarneti

June 28, 2024 | 7:12 pm

Bandai Namco Holdings ADR (OTC:NCBDY) has announced that players must defeat two key bosses in Elden Ring to access the upcoming DLC 'Shadow of the Erdtree'. With less than two weeks to prepare, a significant portion of the player base is not yet ready.

Portfolio Pulse from Franca Quarneti

June 11, 2024 | 6:56 pm

Bandai Namco's Elden Ring has reached 23 million sales, marking a significant increase from the previous year. The game's success is highlighted alongside the announcement of a new DLC, Shadow of the Erdtree, set for release in June. Comparatively, Warner Bros. Discovery Inc's Hogwarts Legacy has sold 24 million copies in 2023. Future expansions for Elden Ring are hinted at but not confirmed.

Portfolio Pulse from Franca Quarneti

February 22, 2024 | 9:16 pm

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