Is Nintendo near the high-water mark, or is the sky the limit?
Analysts say the company’s prospects depend on whether it keeps Switch as a perpetual platform
06 October 2020 - 15:45
Tokyo — With Nintendo stock approaching its all-time high, there are some who see the creator of the Super Mario franchise as approaching a pivotal moment that could turn its flagship Switch into a perpetual gaming platform and break free of the industry’s traditional boom-bust cycle.
While many longtime Nintendo watchers wonder if the high-water mark is near, others say strap in: like Tesla, they say, Nintendo’s stock is poised to head to the moon, with some expecting the stock to double, triple or even rise five times. Shares are up 30% in 2020, with Switch sales up 95% in the first half...
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