Nintendo maintains forecasts as Switch 2 worries weigh on Nintendo stock

Published on 10/16/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nintendo stock faces its November 5 report after Q1 revenue of JPY 517.8 billion. Lang & Schwarz quoted EUR 47.97 on October 16, 2026.

Forecasts and upcoming results

Nintendo maintained its annual earnings and hardware forecasts on October 14, 2026.
First-quarter fiscal 2027 revenue reached JPY 517.8 billion for the period ended June 30, 2026.
Nintendo stock trades at EUR 47.97 at 9:12 a.m. CEST at Lang & Schwarz on October 16, 2026.

Nintendo, JP3756600007, Illustration mit AI erstellt.

Nintendo stock is at EUR 47.97 at Lang & Schwarz on October 16, 2026, after the company maintained its annual earnings and hardware forecasts on October 14, 2026. The move leaves the Switch 2 launch cycle and the next financial report as the main tests for the company. The Economic Times reported that Nintendo kept its annual earnings and hardware outlook unchanged while investors questioned demand momentum.

Switch 2 demand meets caution

The latest operating figures show why the forecast decision matters. Nintendo generated JPY 517.8 billion in revenue and JPY 142.6 billion in operating profit in the first quarter of fiscal 2027, which ended June 30, 2026. Net income reached JPY 147.4 billion in the same period. The figures come from Nintendo's quarterly financial data and are consistent with the period identified by Morningstar.

Morningstar said Switch 2 shipments reached 3.82 million units in the quarter, 18 percent above its forecast, while Nintendo kept its full-year Switch 2 shipment assumption at 19 million units. That comparison points to strong early hardware demand, but the unchanged outlook leaves the second half dependent on software releases and continued user engagement.

What does the next report mean?

The next quantified checkpoint is Nintendo's six-month earnings release on November 5, 2026. Nintendo's investor-relations calendar names that date explicitly, while MarketBeat lists expected revenue of USD 2.99 billion against USD 3.42 billion in the comparable quarter. The company therefore faces a demanding comparison despite the strong Switch 2 shipment figure.

Three dates shape the story

Nintendo reported first-quarter fiscal 2027 results on August 6, 2026, with revenue of JPY 517.8 billion. Morningstar published its Nintendo assessment on September 25, 2026, citing 3.82 million Switch 2 shipments. Nintendo maintained its annual forecasts on October 14, 2026.

Next date for investors

Nintendo's six-month earnings release is scheduled for November 5, 2026, according to its investor-relations calendar. The release should provide the next company-specific evidence on hardware shipments, software sales and the annual forecast.

Price and valuation context

Nintendo's Tokyo-listed shares were last quoted at JPY 8,479 on October 16, 2026, with a market capitalization of JPY 9.8 trillion. The 52-week range was JPY 6,544 to JPY 14,630 on the same dated market snapshot. The euro quotation gives German investors a separate trading reference from the home-market price.

Nintendo was trading at EUR 47.97 at Lang & Schwarz on October 16, 2026 at 9:12 a.m. CEST.

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