EA Stock (NASDAQ:EA) is Doing Fine Without FIFA. Analysts Remain Bullish

Shares of video game maker Electronic Arts (NASDAQ:EA) got a big boost following a round of better-than-expected quarterly results that saw FC 24 (EA’s top soccer game) put up stellar numbers, even without the FIFA license. Indeed, EA has proven that it’s doing just fine without the word “FIFA” in the title of the game, putting to rest many fears over what would happen to one of its biggest games as it took on a generic title.

Undoubtedly, EA took quite a big risk by choosing not to renew its FIFA license in a deal that would have been worth north of $1 billion for four years. The FIFA brand is a big deal in the global soccer (or football, depending on where you live) market. Still, $1 billion is a pretty penny, and that money could go toward development to make the game even better.