Analyst Expects Titanfall 2 to Underperform: EA Stocks Drop 4%

on October 29, 2016 11:12 AM

Cowen and Company, a branch of Cowen and Cowen that does proprietary research for American stock markets, recently made some unfavorable predictions about Titanfall 2. This was to justify the group’s lowering of EA’s shares by 3.27 points, roughly a 4 percent decrease.

The company said this about the downgrading:

“[W]e believe that ‘Titanfall 2‘ sales are going to be substantially disappointing, enough to offset upside from ‘Battlefield 1‘.”

It seems that EA is suffering from its own success as releasing the two massive first-person shooters within a week wasn’t such a good idea. Battlefield 1 was the first out and it seems like people are still too busy with it to invest in another engrossing online experience.

Time will only tell if Cowen and Company are correct about Titanfall 2 as they claimed “We expect a correction in shares between now and early next year.”

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Leif Conti-Groome is a staff writer at DualShockers who mainly focuses on indie games and crowdfunding campaigns. He was a contributor to the niche game podcast Total Control and he frequently lends his services to the Torontonian enthusiast group, The Hand Eye Society.