Though the concept of watching other people compete in video games may sound odd to the non-gaming crowd, esports has attracted a significant number of viewers in its early years. Newzoo projects the global esports audience reached 532 million people in 2022. Roughly half of that number fall into the group of “esports enthusiasts,” which means they watch esports content more than once a month.

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Activision Blizzard is a significant player in eSports, with several games having regular tournament play. They are also an excellent way for people around the world to connect as they tune in to watch their favorite games. These platforms are both commission-free, so you can trade as much as you want for one set price.

• Why should market participants be investing in esports and what’s the best way to do so?
• Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
• Our mission is to create transformative esports experiences that entertain, inspire and connect fans across the globe.
• Take-Two’s Red Dead Redemption series has been very well-received, and its NBA 2K basketball series is a leader in the sports game category.
• Bringing Zynga under its umbrella added slate of popular mobile franchises to its portfolio and is allowing the company to leverage Zynga’s expertise in free-to-play games.

Best Esports Stocks Worth Watching — July 6th

Investors buy these stocks to gain exposure to the rapidly expanding esports market. Insight Enterprises, PENN Entertainment, Madison Square Garden, Sphere Entertainment, and DouYu International are the five Esports stocks to watch today, according to MarketBeat’s stock screener tool. By buying these equities, investors gain exposure to the growth and monetization of professional gaming events, sponsorships and related digital entertainment services. Insight Enterprises, PENN Entertainment, and Madison Square Garden are the three Esports stocks to watch today, according to MarketBeat’s stock screener tool. Esports stocks are shares of publicly traded companies whose core business revolves around competitive video gaming. These firms can include game developers and publishers, tournament organizers, streaming Esports stocks platforms, and hardware or peripheral manufacturers that cater to professional gamers and fans.

Allied Gaming & Entertainment (AGAE)

For example, an Overwatch team investor mainly focuses on revenue strategies for the Overwatch fan base. All these major revenue generators were mostly moved online during the pandemic, but live esports tournaments continue to return in 2023. Meanwhile, the industry is witnessing the dawn of hybrid esports events. Just like traditional sports, some games are one-on-one, while others are team-based; however, these matches are played using computers or game consoles. The best graphics and online experience are essential for successful games.

This industry is now worth over a billion dollars and employs thousands of professional gamers. The eSports market is expected to continue growing steadily, so now could be the time to jump into some of the best esports stocks. People love all kinds of entertainment, and video games offer a broad range of experiences that can be uniquely compelling. Microsoft is primarily a productivity software and cloud computing company, but the tech giant is also one of the most prominent players in the video game industry. Microsoft is behind the Xbox game console, its Windows operating system is the de facto standard for PC gaming, and it owns a wide variety of game studios. Game development is typically complicated and resource-intensive, but the development studios of Take-Two’s top franchises have repeatedly delivered outstanding products.

The stock’s 50-day simple moving average is $0.76 and its 200-day simple moving average is $0.78. GameSquare has a fifty-two week low of $0.50 and a fifty-two week high of $1.40. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.57. The esports industry is witnessing significant growth and is expected to continue growing. The COVID-19 pandemic fueled the trend of gaming and esports as people turned to online gaming for entertainment and this led to a surge in participation and viewership.

They’re also very popular with young people, with eSports viewership growing significantly over the past few years. Financial numbers from the third quarter were very strong and speak volumes for the company’s future. Events also include meet and greets and instructional teaching sessions with the pros in the industry. Alongside physical tournament locations, the company partners with many top streaming apps to bring matches to the masses. Allied Esports Entertainment revolves around the eSports scene with productions and events around the globe.

• We are a leading esports organization with the most expansive global footprint by virtue of our operations across Asia, Europe and South America, according to the Frost & Sullivan Report.
• Sea also owns Shoppee, an online marketplace, and SeaMoney, used for digital payments.
• Many gaming channels will charge viewers fees to access the streams.
• The Gapped Up screen helps traders uncover stocks with strong opening momentum.

Best Esports Stocks to Buy Now

The 10 best esports stocks to buy now were then ranked in ascending order based on the number of hedge funds holding stakes in them as of Q3 2024. Roblox is a company with a platform that allows users to make their own games, interact virtually and play in real time over the internet. These digital worlds are collectively called the metaverse, which could ultimately take esports to the next level. Bank of America has a “buy” rating and $70 price target for RBLX stock, which closed at $68.43 on Jan. 28. NetEase is a Chinese company that provides online PC gaming, mobile gaming and online education services. It also operates other businesses, including music, e-commerce, video streaming, email and payment services.

Other factors that are fueling the industry’s growth include the professionalization of esports and the rise in video gaming competitions around the world. The first-ever Esports World Cup was held in Riyadh, Saudi Arabia in July and August 2024. The event saw more than 1,500 players and included 23 competitions across 22 different video games like Call of Duty and Fortnite. The Esports World Cup in 2024 offered a massive prize pool of $60 million. The event attracted significant attention from sponsors and media and this contributed to the growth of esports globally. According to the Esports World Cup Foundation, the competition will take place annually in Saudi Arabia in Riyadh Boulevard City.

Does League of Legends Have a Stock?

Earlier this summer, the first video game lifestyle company went public. Video game sales have been increasing consistently since their creation. The simplest games can become instant successes, from Call of Duty to Minecraft, Flappy Bird, Candy Crush, and FarmVille. A lot has changed since the first consoles and the rise of Mario, Donkey Kong, and Final Fantasy. Video game developers need to think of the next best thing constantly. You have probably heard of WeChat, the Asian competitor to WhatsApp, as well as Fortnite, one of the most popular video games in the world.

Well, both are owned by Tencent (to be precise, Fortnite is 40% owned). However, it is important to remember that one thing is the revenues of companies and another thing is the prices of companies listed on the stock exchange. One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike. Even now, video games provide a way for people to connect worldwide.

A stock brokerage is a company which is licenced to purchase and hold stocks on behalf of an individual investor. You have loads of choices here, with many online brokerages even operating with low fees. Check in your country which brokers give you access to the major and most important markets like the American exchanges, the London Stock Exchange, and the European trading platform Euronext. Just to give an example, there are also international platforms that operate in much of the world; the two largest are the American group Interactive Broker and the European DeGiro.

Esports Entertainment Group Files Form 15 to Voluntarily Deregister and Suspend its SEC Reporting Obligations

Overall, MSFT ranks first among the 10 best esports stocks to buy now. While we acknowledge the potential of esports companies, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. Moving forward, Electronic Arts is in the process of developing its own streaming platform for competitive video games. ESports is the competitive video gaming industry where professional players and teams compete to win titles and cash prizes. Players and organizations can use streaming platforms to broadcast esports matches and live events.