Morgan Stanley sets JPY 4,600 target for Capcom stock

Published on 10/02/2026 at 05:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capcom targets a mobile launch on October 29, 2026 with Monster Hunter Outlanders. Capcom stock sits below its JPY 4,499 high against a JPY 2,736 low.

Capcom, JP3218900003, Illustration mit AI erstellt.

Morgan Stanley set a JPY 4,600 12-month target for Capcom stock on September 30, 2026, according to Investing.com. The rating shown for the new coverage was Hold, while the latest product catalyst is Capcom's planned October 29 launch of Monster Hunter Outlanders.

Mobile launch adds a fresh catalyst

Capcom announced the release date on September 29, 2026 in an official press release. The title is planned for iOS and Android and is being developed with TiMi Studio Group, a subsidiary of Tencent Games, giving Capcom another route to extend its Monster Hunter intellectual property beyond console and PC releases.

The company said the Monster Hunter series had cumulative sales exceeding 131 million units as of June 30, 2026. The mobile launch therefore builds on an established franchise rather than introducing a new brand, although the free-to-play format will expose Capcom to a different monetization model.

Target sits above the Tokyo quote

Investing.com listed 17 analysts, with an average 12-month target of JPY 4,607.60 and a high estimate of JPY 5,300.00 on its September 29, 2026 page. Morgan Stanley's JPY 4,600.00 target is 4.26 percent above the Tokyo quote of JPY 4,412.00, calculated in the same currency.

The valuation context is demanding. Capcom's JPY 4,412.00 quote stood 1.93 percent below the JPY 4,499.00 52-week high and 61.26 percent above the JPY 2,736.00 low on October 2, 2026. The company had a JPY 1.8 trillion market capitalization at that snapshot.

Capcom stock remains near its high

Capcom was last at JPY 4,412.00 on the Tokyo Stock Exchange at 11:30 a.m. JST on October 2, 2026, up 1.22 percent from the prior close of JPY 4,359.00. Lang & Schwarz showed a prior close of EUR 24.50 for September 30, 2026. The next market question is whether the October mobile release can convert the franchise's scale into recurring mobile revenue.