EA Faces Financial Hit as Dragon Age and FC 25 Underperform, Shares Drop 16%

Electronic Arts revises its earnings forecast downward by up to $800 million, losing $6 billion in market value after disappointing game performances.

EA's Dragon Age: The Veilguard and EA Sports FC 25 both fell significantly short of sales expectations, with Dragon Age performing 50% below targets.
The company has reduced its fiscal year 2025 earnings forecast by $500-$800 million, citing weaker-than-expected holiday and live service revenue.
EA’s stock value dropped by over 16%, erasing $6 billion in market capitalization within days of the announcement.
Analysts attribute the decline to stagnation in FC 25's Ultimate Team mode, which typically generates $800 million annually, and Dragon Age's limited player engagement since its October release.
EA leadership remains optimistic about a return to growth in fiscal year 2026, citing ongoing updates to FC 25 and confidence in its future game pipeline.