Summary
- Nintendo's stock prices hit an all-time high of 9,775 yen following the Switch 2 reveal.
- The reveal trailer for the Switch 2 was released on January 16.
- Investors anticipate that the company's stock prices will continue to rise as more details about the console are revealed.
Just one week after the official reveal of the Switch 2, Nintendo stock prices reached an all-time high trading value of 9,775 yen, beating its lifetime high share price by 371 yen. Nintendo shares have been fluctuating over the past year between impressive rises and momentary falls in tandem with speculation surrounding the next major console, but it would seem investors are firmly supporting the Japanese company in the lead-up to the highly-anticipated launch of the Switch 2.
Almost one year ago, in January 2024, Nintendo stocks hit a record high, with that major milestone coming alongside analyst predictions that the Switch 2 would be revealed sometime in the first half of the year. When an announcement never came, shares took a hit but recovered steadily thanks to big first-party video game releases for the existing Nintendo Switch console. Now that audiences and analysts have gotten a first look at the Switch 2, stocks have jumped up once more and set another record for Nintendo.
Nintendo Officially Reveals The Switch 2
After countless leaks, Nintendo officially reveals the Switch 2, revealing the new look, teasing a new game, and confirming the console direct.
According to multiple stock trading outlets, including MarketWatch, Nintendo shares peaked at a lifetime record-high of 9,775 yen on January 23, before closing at 9,559, a 1.65% increase from the previous day's trading. After the reveal trailer for the Switch 2 was released on January 16, Nintendo shares reached a 52-week-high, before dropping slightly in the following days. However, with the help of analysts predicting console sales for the Switch 2 to top 16 million units, investors have quickly refocused their interest in Nintendo, driving stock values to this new record high. Shareholders and traders are hoping to see prices continue to rise once Nintendo reveals more information on the console, including a release date, which many are expecting to see during the upcoming Nintendo Direct for the Switch 2 on April 2.
Nintendo Shares Boosted by Switch 2 Reveal
Previous Nintendo stock price jumps have been directly correlated to confirmed Switch 2 details, such as in November 2024, when share values rose following the confirmation of backwards compatibility on the upcoming console. With plenty of hardware information and game announcements to be made for the Switch 2, investors are getting their stock purchases in early, with the hope that values will continue to rise in the months following the eventual launch of the console. Whether these predicted rises will come to fruition remains to be seen, but the new all-time high trading price has many keeping their fingers crossed that the pattern of Switch 2 reveals boosting stock values will continue.
Share prices for any company can quickly rise or fall, with a number of often unpredictable variables to be considered. With many keeping a close eye out for the next Switch 2 console details to be confirmed, interested fans may want to stay tuned to see what Nintendo has in store for players and shareholders alike.
Nintendo
- Date Founded
- September 23, 1889
- Headquarters
- Kyoto, Kyoto, Japan
- Parent Company
- Nintendo
- Subsidiaries
- The Pokemon Company, Nintendo of America, Retro Studios, Monolith Soft
- Consoles
- Nintendo 64, Nintendo DS, Nintendo 3DS, Nintendo 2DS, Nintendo Wii, Nintendo Switch, Nintendo GameCube
- Known For
- Pokemon, Mario Kart, Super Mario, The Legend of Zelda, Splatoon