Hi HODLers, Hiveans and Lions,
Nintendo had announced the Switch 2 console would start at $449.99.
The price increase compared with the current $299.99 Switch disappointed some frugal gamers, leading some skeptics to say the Switch 2 wouldn’t be as successful.
Even in a tariffs environment, I believe gamers would still pay for Switch 2 despite a potential $100/$150 higher price. Also, even if gamers do like physical games, by buying them digitally, they would be able to circumvent the tariff.
Reviews about the console are extremely positive and we know all the golden IP this company holds!
Nintento Switch 2 Presentation
Price Performance
Stock is up 23% YTD and is valued at 30x P/E NTM which is quite high but what you would expect for such a qualitative company.
Thoughts?
Stay safe out there,
Credit Default Swap are mooning! Indicating trouble ahead...
"So it begins..." The Trade War which could trigger the next recession!
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It is a good value investing stock, however, I think is still too expensive imo
I believe you are right. But in the current environment. It seems it will retain price power despite the current tariff/volatility.
Still not convinced as valuation is elevated!
also EBITDA margin is decreasing...
Could be increased R&D and costs prior to the launch. Margins should increase after the sales of the Switch 2 ramp up. At least I would imagine.
But you are right. Better GARP stocks! I love $GAP currently. I’ve had a ton of Spotify but valuation is getting hard to justify.
P/E ratio is so above its historical average too
why do you think that nintendo will reach higer values if most of the users are in all the world and it is not easy get one quickly :( for me is a bet invest in nintendo but you could try if you want :D
Eventually, they will all get one. Only country which my incur delays are the US.
Europe, India or China will import these from Japan without any issues.