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Nintendo hikes Switch 2 sales forecast to 19 million units as flagship console momentum grows
- On Tuesday, Nintendo hiked its Switch 2 unit forecast to 19 million from 15 million and raised its software target to 48 million for the financial year ending March 2026.
- Driven by strong hardware and software sales, Nintendo said revenue surged 110 percent to �1,099.5 billion between April and September and raised its full-year operating profit forecast to 370 billion yen .
- Sales figures show strong console and game volumes, with 10.36 million Switch 2 consoles and 20.62 million Switch 2 games sold since launch, including 4.54 million consoles in the latest period.
- Investors reacted as market gains set context, with Nintendo's shares up roughly 40 per cent year-to-date while Shuntaro Furukawa said the first holiday shopping season will be pivotal.
- The Switch 2 launch amid U.S. President Donald Trump’s trade war tested Nintendo's supply chain, while the original Nintendo Switch's 154.01 million lifetime sales approach the 160 million best-selling-console benchmark and Nintendo raised its end-of-year sales forecast to �2,250 billion.
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Why Nintendo Stock Is Surging Today
Key PointsNintendo's revenue more than doubled, and it raised its outlook on strong Switch 2 sales.While profits were pressured by booming hardware sales, the company has another blockbuster game console on its hands.10 stocks we like better than Nintendo › Japanese video game giant Nintendo (OTC: NTDOY) impressed investors on Tuesday with its results for the first half of the year. Revenue more than doubled year over year to 1.1 trillion yen, w…
·Alexandria, United States
Read Full ArticleThe video game giant has already sold ten million new consoles since June, and hopes to reach the 19 million units sold by March 31, 2025, anticipating record sales.
·Paris, France
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Total News Sources120
Leaning Left18Leaning Right7Center19Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 41%
C 43%
R 16%
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