US broker cuts target for Nintendo stock from JPY 10,000 to JPY 9,800

Published on 10/22/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The bullish rating stayed unchanged on October 17, 2026. Nintendo stock costs EUR 49.41 on October 22, 2026, 0.16 percent below the Xetra close.

Analyst view and reporting date

A US broker kept a bullish rating and cut Nintendo's target to JPY 9,800 on October 17, 2026.
For the first quarter of fiscal 2027, revenue reached USD 3.29 billion against a USD 2.72 billion consensus estimate.
Nintendo stock trades at EUR 49.41 at 9:46 a.m. CEST at Lang & Schwarz on October 22, 2026, 0.16 percent below the Xetra close of October 21, 2026.

Nintendo, JP3756600007, Illustration mit AI erstellt.

Nintendo (ISIN JP3756600007) stock was trading at EUR 49.41 at Lang & Schwarz on October 22, 2026, at 9:46 a.m. CEST, 0.16 percent below the Xetra close of October 21, 2026 at EUR 49.49. A US broker kept its bullish rating on October 17, 2026, while cutting the target from JPY 10,000 to JPY 9,800, according to Yahoo Finance Japan.

Target cut keeps earnings in view

The target reduction amounts to 2.00 percent from JPY 10,000 to JPY 9,800. The same report cited a consensus target of JPY 10,971 from 14 analysts as of October 16, 2026, putting the revised target 10.67 percent below that consensus.

The next financial checkpoint is the six-month report for the fiscal year ending March 2027. Nintendo's investor-relations calendar schedules that release for November 5, 2026, and identifies the reporting period as the six months ended September 30, 2026.

What does the target cut mean?

The valuation debate centers on the gap between strong profit delivery and softer sales expectations. For the first quarter of fiscal 2027, Nintendo reported USD 3.29 billion in revenue and adjusted earnings per share of USD 0.20, against consensus estimates of USD 2.72 billion and USD 0.10, respectively, according to MarketBeat. Revenue therefore exceeded the estimate by 20.96 percent, while earnings per share exceeded consensus by USD 0.10.

Three earnings milestones

MarketBeat lists three recent reporting points: USD 3.42 billion of revenue for the second quarter of fiscal 2026 on November 4, 2025; USD 2.60 billion for the fourth quarter on May 8, 2026; and USD 3.29 billion for the first quarter of fiscal 2027 on August 6, 2026.

Tokyo listing sets the frame

Nintendo's primary listing is the Tokyo Stock Exchange under ticker 7974. The October 17 target action gives the stock a fresh valuation reference, while the November 5 report will provide the next company-specific test for sales, profit and forward expectations.

Nintendo stock was trading at EUR 49.41 at Lang & Schwarz on October 22, 2026, at 9:46 a.m. CEST, 0.16 percent below the Xetra close of October 21, 2026 at EUR 49.49. The further course of trading is shown by the continuously updated real-time quote of Nintendo stock.