Dragon Age Fails to Deliver, Costs EA Billions in Market Value

The latest Dragon Age game, The Veilguard, fell short of expectations, causing Electronic Arts’ stock to plummet. This decline in share value translates into a staggering $6 billion loss for the company.

 

Dragon Age The Veilguard was introduced as a title that would revolutionize the franchise, offering expanded storytelling and real-time combat to attract a broader audience. However, neither EA nor BioWare managed to generate the level of excitement they had hoped for from the gaming community. Despite selling over 1.5 million copies, the game’s failure has led to significant repercussions for Electronic Arts.

A report by Bloomberg revealed that The Veilguard failed to meet EA’s expectations. The game sold 1.5 million copies, far below the 3 million units the company aimed to achieve within three months of its release in October 2024. Combined with disappointing sales figures for EA Sports FC 25, EA’s stock has taken a major hit.

Stock market data shows that EA’s shares have dropped by as much as 18.76% in recent days. This plunge is directly tied to the poor performance of Dragon Age The Veilguard and EA Sports FC 25. The company’s total market value shrank by more than $6 billion, with share prices falling from $142 to $116. Nonetheless, EA remains optimistic about growth in the next fiscal year.

EA Remains Hopeful for Growth

Despite this setback, EA is maintaining a positive outlook for the upcoming fiscal year. The company has revised its full-year revenue projections down to a range of $7.00–$7.15 billion, from the previous $7.50–$7.80 billion estimate. CEO Andrew Wilson commented via Yahoo: “Dragon Age and EA Sports FC 25 fell short of our net bookings expectations. However, we are confident in our long-term strategy and expect to return to growth in fiscal 2026 as we execute on our projects.”

Source: 3djuegos

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