Freedom Capital raises target for Nintendo stock to JPY 9,400

Published on 10/26/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nintendo posted JPY 517.81 billion in first-quarter sales, down 9.50 percent year over year. Nintendo stock costs EUR 48.73 on October 26, 2026 versus its EUR 79.44 high.

Analyst target and reporting date

Freedom Capital raised its Nintendo target to JPY 9,400 from JPY 8,700 on October 25, 2026.
Nintendo recorded JPY 517.81 billion in first-quarter revenue, down 9.50 percent year over year.
Nintendo stock trades at EUR 48.73 at 9:17 a.m. CET at Lang & Schwarz on October 26, 2026.
Nintendo is scheduled to release six-month results on November 5, 2026.

Nintendo, JP3756600007, Illustration mit AI erstellt.

Nintendo stock (ISIN JP3756600007) was trading at EUR 48.73 at Lang & Schwarz on October 26, 2026 at 9:17 a.m. CET. According to TipRanks on October 25, 2026, Freedom Capital analyst Nick McKay raised the target for Nintendo from JPY 8,700 to JPY 9,400 and kept a Buy rating.

Three milestones shape the case

Nintendo's latest analyst revision came ahead of the November 5 launch of The Legend of Zelda: Ocarina of Time. Freedom Capital said it had underestimated demand for the remake and described it as a major Switch 2 title, according to TipRanks.

In chronological order, Nintendo reported JPY 2.313 trillion in fiscal-year revenue for the year ended March 2026 on May 8, 2026; it reported JPY 142.5 billion in first-quarter operating profit on August 6, 2026; and Freedom Capital raised its target to JPY 9,400 on October 25, 2026, according to Note and TipRanks.

What does the next report test?

Nintendo's first-quarter revenue fell 9.50 percent year over year to JPY 517.81 billion, while operating profit rose 150.50 percent to JPY 142.5 billion, according to Note. The contrast puts software demand and cost control ahead of headline sales growth. Nintendo's full-year forecast calls for JPY 2.05 trillion in revenue and JPY 370.0 billion in operating profit for the fiscal year ending March 2027, figures cited by Note.

Next date and stock context

Nintendo's investor-relations calendar lists the six-month earnings release for November 5, 2026, while September 30, 2026 was the record date for interim dividends, according to Nintendo. A separate market reference places the 52-week range at EUR 35.63 to EUR 79.44 and market capitalization at EUR 63.1 billion as of October 22, 2026.

Price stays below the yearly high

The current euro quotation gives investors a German-market reference while Nintendo remains listed on the Tokyo Stock Exchange under ticker 7974. The next earnings release will show whether stronger operating profit can offset the JPY 100.0 billion cost pressure cited for fiscal year 2027.

Nintendo was trading at EUR 48.73 at Lang & Schwarz on October 26, 2026 at 9:17 a.m. CET.

The further course of trading is shown by the continuously updated real-time quote of Nintendo stock.